Page:United States Statutes at Large Volume 61 Part 4.djvu/35

 61 STAT.] CHINA-RELIEF ASSISTANCE-OCT. 27, 1947 assure a fair and equitable share of the supplies to all classes of the people. (f) A distribution and price-control system shall be inaugurated in such major urban centers of China as circumstances permit, with the intent of insuring that all classes of the population, irrespective of their purchasing power, shall receive a fair share of the imported or indigenously produced relief supplies. In permitting United States relief supplies made available under this Agreement to be utilized in support of Chinese efforts to improve consumption and price controls, it is understood that the United States Government undertakes no responsibility for the success of these urban programs. 3377 ARTICLE III. Utilization of Fiands Accruingfrom Sales of United States Supplies (a) The prices at which United States relief supplies will be sold Pricegreement. in China shall be agreed upon between the Chinese Government and the United States Government. (b) When United States relief supplies are sold for local currency, Depositoi local cr. the amount of such local currency shall be deposited by the Chinese re Government in a special account in the name of the Chinese Govern- ment. (c) Until June 30, 1948, such funds shall be disposed of only with Disposition. the approval of the duly authorized representative of the United States Government for relief and work relief within China, including local currency expenses of the United States of America incident to the furnishing of relief. Any unencumbered balance remaining in such account on June 30, 1948, shall be disposed of within China for such purposes as the United States Government, pursuant to Act or Joint Resolution of Congress, may determine. (d) The Chinese Government will, upon request, advance funds Chnese advances. against proceeds from the sale of United States relief supplies to the United States representatives, to meet local currency expenses incident to the furnishing of relief, including the operation of the United States Relief Mission in China and certain urgent relief projects being under- taken by Chinese Government organs and voluntary agencies. (e) While it is not intended that the funds accruing from sales of unusl<ct the United States relief supplies normally shall be used to defray the local expenses of the Chinese Government in handling, transporting internally, and distributing the United States relief supplies, including local currency cost of discharging cargo and other port charges, the United States representatives will consider with the Chinese Govern- ment the use of the funds to cover the unusual costs which would place an undue burden on the Chinese Government. (f) The Chinese Government will each month make available to ReE on collec the United States representatives reports on collections, balances, and expenditures from the fund. (g) The Chinese Government will assign officials to confer and plan with the United States representatives regarding the disposition of funds accruing from sales to assure a prompt and proper use of such funds.

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