Page:United States Statutes at Large Volume 61 Part 4.djvu/265

 61 STAT.] UNITED KINGDOM-GERMANY-DEC. 17, 1947 (i) all deliveries which may be made in the period November 1, 1947, to December 31, 1947 (to the estimated value of b3,500,000, approximately the equivalent of $14,000,000), against commit- ments already undertaken by the Government of the United Kingdom for procurement from sterling area sources, together with such other sterling area purchases as the Government of the United Kingdom may be able to make for delivery within the period (to an estimated value of £1,000,000, approximately the equivalent of $4,000,000); and (ii) goods, services or sterling against commitments already undertaken by the Government of the United Kingdom for pro- curement of Category A supplies for the Bizonal Area from countries outside the sterling area to a total value of 24,000,000 (approximately the equivalent of $16,000,000). (The Govern- ment of the United Kingdom shall pay for any such goods which can be delivered against sterling payment in the period Novem- ber 1, 1947, to December 31, 1947, and any charges which may be involved in the cancellation of outstanding contracts and shall pay the balance of the sum mentioned above to the Joint Export- Import Agency in sterling); and (iii) a sum of 24,250,000 (approximately the equivalent of $17,- 000,000) in discharge of the obligations undertaken by the Gov- ernment of the United Kingdom in accordance with the pro- visions of the Bizonal Fusion Agreement for the procurement for delivery after December 31, 1947, of Category A supplies for the Bizonal Area from countries outside the sterling area. (This sum shall be held by the Government of the United King- dom and shall be used for the purchase of Category A supplies and services from the sterling area and shall be spent, with the agreement of the Joint Export-Import Agency, as and when it may be possible to purchase such supplies or services without involving a direct or indirect dollar drain upon the United Kingdom.); and (iv) Category A goods from the sterling area during the cal- endar year 1948 and services to be rendered during the same period (as set forth in the Annex to the present Agreement) to the total value of £17,500,000 (approximately the equivalent of $70,000,000). (b) The services to be provided by the Government of the United ,eviSedvbst pro- Kingdom under the terms of the preceding sub-paragraph of this paragraph shall include the furnishing, so far as is practicable, of such ships as may be necessary to lift thirty-three complete cargoes allocated for shipment to the Bizonal Area from United States ports in the period November 1, 1947, to December 31, 1947, and the fur- nishing during the calendar year 1948 of a sufficient number of freight ships to lift twelve complete cargoes for the Bizonal Area each month from United States Atlantic and Gulf Coast ports; subject to market possibilities, such freight ships shall be chartered 3609

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