Page:United States Statutes at Large Volume 61 Part 3.djvu/829

 61 STAT.] HONDURAS-HEALTH AND SANITATION-MAY 13, 1947 exchange of notes between the Executive Vice President of the Institute and the Minister of the Interior, Justice, Health and Social Welfare, of April 19, 1944. (Both agreements hereinafter called the "Basic Agreement"). CLAUSE I Both Parties agree and declare that the Basic Agreement shall here- by be extended for an additional period of 14 months, from May 1, 1947 until June 30, 1948, and amended by the Clauses hereinafter set forth. CLAUSE II The financial obligation of the Institute contracted under the Basic Agreement shall be considered to have been met by the contribution to the program of $800,000 in American currency, materials, supplies and equipment of all kinds. Furthermore, the financial obligation of the Government of Honduras contracted under the Basic Agreement shall also be considered to have been fulfilled by the contribution of the equivalent in Lempiras of $300,000 American currency. CLAUSE III The Institute shall continue to be represented in Honduras by a group of employees and experts known as the "Field Party of the Institute of Inter-American Affairs in Honduras" under the direction of the Head of the Institute, who shall also continue to discharge the duties of Director of the Servicio Cooperativo Interamericanode Salud Publica [Inter-American Cooperative Public Health Service] (herein- after called the "SCISP") for the period included in the present Extension Agreement. CLAUSE IV In addition to the funds required as a contribution of the parties in conformity with the Basic Agreement, the Cooperative Health and Sanitation Program shall also be financed during the period established by the present Extension Agreement as follows: A. The Institute shall deposit $25,000 in the Bank of Honduras to the account of the SCISP in May 1947. B. The Government of Ionduras shall deposit in the Bank of Honduras to the account of the "SCISP" the sum of 250,000 Lempiras (or the equivalent in American currency of $125,000 figured at the present exchange rate of 2 Lempiras per American Dollar) as follows: In May 1947. ............... .. 150, 000 Lempiras In October 1947. ............. 100, 000 Total. ............... .25 0, 000 " C. The Institute may withhold from the deposit stipulated in Clause IV-A the amounts considered necessary by the Minister and the Head of the Program to pay for the purchase in the United States of materials, supplies and equipment in addition to other expenses connected with the execution of the Program. All the funds with- held by the Institute for such purposes shall be considered as on deposit 3119 Ante, p. 232. Extension of Basic Agreement. Financial obliga- tions. Representation of Institute. Additiolal flnano- lng of pr1igrulll. Funds withheld for purchases in U. S.

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