Page:United States Statutes at Large Volume 61 Part 2.djvu/267

 61 STAT.] INTER-AMERICAN-COFFEE AGREEMENT-OCT. 1, 1946 respectively, which were duly deposited in the Pan American Union on June 11, 1943, and September 11, 1944, respectively, in accordance with the provisions of Article XXIV of the Agree- ment: AND WHEREAS by a Protocol signed and deposited with the Pan American Union under date of October 1, 1945, the said Agreement was extended for one year from October 1, 1945, with certain changes recommended by the Inter-American Coffee Board. Now, THEREFORE, in support of a recommendation made by the Inter-American Coffee Board on August 16, 1946, the Govern- ments signatory to the present Protocol, considering that it is expedient that the Agreement should be prolonged for a further term, subject to the conditions stated below, have agreed as follows: Article 1 Subject to the provisions of Article 2 hereof, the Agreement shall continue in force between the Governments signatory to the present Protocol for a period of one year from October 1, 1946. Article 2 During the period specified in Article 1 above, the Governments signatory to the present Protocol agree that the provisions of Article 1 through and including VIII of the Agreement shall be inoperative, except that, under emergency conditions, such articles of the Agree- ment shall again become effective upon a motion approved by at least 95% of the total vote of the Inter-American Coffee Board. Article 3 a. During the period specified in Article 1 above, the Inter-American Coffee Board shall undertake to complete by March 31, 1947, a thorough analysis of the world coffee situation and shall formulate recommendations for the consideration of the governments now participating in the Agreement and of other governments that might be interested in participating in a revised agreement regarding the type of international cooperation that appears most likely to con- tribute to the development of sound, prosperous conditions in inter- national trade in coffee equitable for both producers and consumers. b. Such recommendations shall take due account of any general principles of commodity policy embodied in any agreement which may be concluded under the auspices of the United Nations prior to the submission of such recommendations. Article 4 The present Protocol shall be open for signature at the Pan American Union from September 3, 1946, until November 1, 1946, provided, however, that all signatures shall be deemed to have been affixed under date of October 1, 1946, and the Protocol shall be considered as having entered into force on that date with respect to the governments on behalf of which it is signed. 1223 55 Stat. 1172. 60 Stat. 1359. Continuance in force. Inoperative provi- sions. 55 Stat. 1146 -1157 . Inter-American Cof- fee Board. Analysis of world coffee situation; reo- ommendations. Entry into force.

�