Page:United States Statutes at Large Volume 61 Part 3.djvu/917

 3208 Ante, pp. 319L 3194. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. "2. The Swedish Government will further make available 75 million kronor, which it will allocate among countries party to the Paris Agreement on Reparations. Decisions upon allocation will be made after exchanges of views with the Allies acting on behalf of those countries and with favorable consideration of their views. "There will also be consultation between the Swedish Government and each of the countries which may receive credit for any part of this sum as regards the extent to which or manner in which benefit from its share shall be applied either in the remission, reduction or extension of any existing or future credit with Sweden of each such country, or otherwise, as may be agreed between each such country and Sweden." We are pleased, on behalf of the Inter-Governmental Committee on Refugees and the countries signatory to the Paris Reparation Agreement, to note the contributions to be made by the Government of Sweden. We shall not fail to bring your statements on these subjects to their knowledge. Accept, Sir, the renewed assurances of our most distinguished consideration. SEYMOUR J RuBIN Chief of Delegation of United States CHRISTIAN VALENSI Chief of French Delegation FRANCIS W MCCOMBE Chief of Delegation of United Kingdom Justice EMIL SANDSTROM Chief of Swedish Delegation The Chief of the Swedish Delegatwon to the Chiefs of the Allied Delegations WASHINGTON, D.C. July 18, 1946 GENTLEMEN: With regard to paragraphs 2 and 3 of the understanding concerning German assets in Sweden contained in the letters exchanged today, I wish to recall that the Swedish Government has been able to make the engagement in paragraph 2 on the ground that the proceeds of the liquidation are German property and may be used as payment for deliveries of commodities for Germany in conformity with the Swedish clearing-legislation, provided compensation is given to the owner. It is understood that the Russian Government has no claim to use the German assets in Sweden for the benefit of the Russian zone. Accept, Gentlemen, the renewed assurances of my most distinguished consideration. To the CHIEFS OF THE ALLIED DELEGATIONS EMIL SANDSTR6M. Chief of Swedish Delegation

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