Page:United States Statutes at Large Volume 61 Part 3.djvu/51

 61 STAT.] HONDURAS-HEALTH AND SANITATION-May 5, 8, 1942 2329 Apr. 18, 19, 1944 2 the Minister of Foreign Relations of Honduras and His Excellency the Minister of the United States of America in Tegucigalpa, D. C., on the 5th and 8th of May 1942, respectively; to an agreement concluded between the Institute of Inter-American Affairs, of the Office of the Coordinator of Inter-American Affairs, which is an agency of the Government of the United States of America, and the Republic of Honduras, on July 8, 1942; to an additional exchange of notes be- tween His Excellency the Minister of Foreign Relations of Honduras and His Excellency the Ambassador of the United States of America in Tegucigalpa, D. C ., on the 18th and 19th, respectively, of this present month of April, all relating to the establishment in Honduras of a cooperative health and sanitation program as was agreed upon in Resolution XXX approved during the Third Meeting of the Ministers of Foreign Affairs of the American Republics, held in Rio de Janeiro in January 1942; and proposing that, acting in the name of the Government of the Republic of Honduras, I agree to the following: 1.- The Institute of Inter-American Affairs, of the Office of the Coordinator of Inter-American Affairs, which is an agency of the Government of the United States of America, is prepared to allocate a sum not exceeding $300,000.00 for the purpose of extending the cooperative health and sanitation program now being carried out by the Inter-American Cooperative Public Health Service (henceforth designated as the "SCISP."), for a period of approximately three years beginning May 1, 1944, provided that the Government of Honduras appropriates a like sum in lempiras, equivalent to $300,000.00 U. S. currency, for the same purpose. These funds will be allocated and employed for the maintenance of the projects in operation or those which will be placed in operation under the terms of the said agree- ment, and, as funds may be available, for any new projects, including those which may relate to the procurement of strategic materials, which may be mutually agreed between the Ministry of Government, Justice, Health and Welfare of the Republic, or its representative, and the Chief of Field Party of the Institute, or his representative. 2.- For the purpose of accomplishing the objectives of this agree- ment, the Institute agrees to deposit in the Bank of Honduras, to the account of the "SCISP.", the sum of three hundred thousand dollars ($300,000.00) on the following bases: During May 1944 $150,000.00 U. S. currency During May 1945 100,000.00 U. S. currency During May 1946 50,000.00 U. S. currency and the Republic of Honduras agrees to deposit in the Bank of Hon- duras, to the account of the "SCISP", the sum of three hundred thousand dollars ($300,000.00) on the following bases: During May 1944, the equivalent in lempiras of $75,000.00 (dollars) During May 1945, the equivalent in lempiras of $100,000.00 (dollars) During May 1946, the equivalent in lempiras of $125,000.00 (dollars) The funds deposited by the Republic in any particular year or the funds deposited by the Institute in any particular year to the credit

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