Page:United States Statutes at Large Volume 61 Part 4.djvu/540

 3888 Foundation grant. Ant, p.aS7 s.o.P.N.E.ao- count in Lima. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. During the month of January, 1945 the sum of S/.30,983.88 During the month of February, 1945 the sum of S/.30,983.88 During the month of March, 1945 the sum of S/.30,983.88 During the month of April, 1945 the sum of S/.30,983.88 During the month of May, 1945 the sum of S/.30,983.88 During the month of June, 1945 the sum of S/.30,983.88 During the month of July, 1945 the sum of S/.30,983.88 During the month of August, 1945 the sum of S/.30,983.88 During the month of September, 1945 the sum of S/.30,983.88 During the month of October, 1945 the sum of S/.30,983.88 During the month of November, 1945 the sum of S/.30,983.88 During the month of December, 1945 the sum of S/.30,983.88 C. The Foundation shall grant to the S.C .P.N.E., during the calendar year 1945, the sum of $27,800.00, U.S. Dollars. Of that amount the Foundation will deposit to the account of the S.C.P.N .E. in the Lima Branch of The National City Bank of New York, during the calendar year 1945, the sum of $2,316.67, U.S. Dollars, and shall withhold in Washington the sum of $25,483.33, U.S. Dollars, The sum withheld shall be used to finance the cost of visits of Peruvian educators to the United States and the purchase of materials, supplies and equipment which necessarily must be made in the United States, all in ac- cordance with, and for the purposes set out in, paragraph 8 of the Basic Contract of April 4,1944. The actual use to which such withheld funds shall be put shall be the subject of mutual written agreements between the Minister and the Special Representative of the Foundation. D. The Foundation herewith acknowledges that the Government of Peru has deposited the sum of Soles 123,935.52 in the account of the S.C.P.N .E. in the Lima Branch of The National City Bank of New York, in equal installments of Soles 30,983.88, which installments were deposited on January 30, 1945, Feb- ruary 28, 1945, April 2, 1945 and April 12, 1945. The Govern- ment of Perd herewith acknowledges that the Foundation has deposited in the account of the S.C .P .N .E. in the Lima Branch of The National City Bank of New York the sum of $2,316.67, U.S. Dollars, on January 26, 1945. E. The funds of the S.C.P.N .E. shall be deposited in its name in the Lima Branch of The National City Bank of New York. The Director of the S.C .P.N .E. shall draw checks against this account and shall make disbursement of these funds to cover expenditures of the S.C.P .N.E. which have been previously approved by the Minister. Clause VII The parties hereto agree that all the provisions of the Basic Contract and such other contracts as they have already made shall remain unchanged and in full force and effect, except insofar as they have been specifically amended herein.

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