Page:United States Statutes at Large Volume 61 Part 4.djvu/555

 61 STAT.] ECUADOR-COOPERATIVE EDUCATION-- Oct. 2 1947 3903 Nov. 14, 1947 3903 Institute of Inter-American Affairs. It has been suggested that the extension of the program cover the period from the expiration date of the present agreement, which is January 22, 1948, through June 30, 1948. It is proposed that the entire additional contribution of $7,168 U. S. currency, to be made available by the Institute in connec- tion with the continuation of the program, shall be retained by the Institute for payment directly or on account of salaries and other ex- penses of members of the Institute field staff who are maintained by the Institute in Ecuador. It is also understood that your Government would contribute to the Servicio for expenditure by that entity not less than the equivalent in sucres of $7,000 U.S. currency, computed at the rate of exchange of 13.4 sucres to the dollar in addition to amounts already required under the present agreement to be contributed to the program by your Government. If Your Excellency agrees that the proposed arrangement as out- lined above is acceptable to your Government, I would appreciate receiving an expression of Your Excellency's opinion and agreement thereto as soon as may be possible in order that the technical details of the program may be worked out by the Ministry of Public Education and The Institute of Inter-American Affairs. Should Your Excellency advise me that the proposed arrangement is acceptable it would be possible to proceed with the signing of the extension agreement in the name of the Institute immediately, inas- much as Dr. Pedro Osuna, Special Representative Education Division, The Institute of Inter-American Affairs, in Ecuador, has been authorized to sign on behalf of the Institute. A copy of a suggested extension agreement is attached hereto for reference to the appropriate interested authorities. Please accept, Excellency, the renewed assurances of my highest and most distinguished consideration. GEO. P. SHAW Oharge dlAffaires, a.i. His Excellency Dr. JosE VICENTE TRUJILO, Minister for Foreign Affairs, Quito.

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