Page:United States Statutes at Large Volume 61 Part 4.djvu/600

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. B. Interest on the amount due will be paid to the United States Government by the Netherlands Indies Government in dollars at the fixed rate of two percent per annum on July 1 of each year beginning July 1, 1947, accruing from the previous July 1 on the amount due on such previous July 1. With respect to the amount of any reduc- tion in the amount due under the authority of sub-paragraph 2C and paragraph 3 of this Agreement interest for the period from the pre- ceding July 1 shall be charged only to the date of such reduction. C. The Netherlands Indies Government may at any time or times make payments to the United States Government under this Agreement of amounts not then payable or larger than are then pay- able. Any such payment will be credited first to past due interest, if any, and then to past due instalments, if any, and then to the amount due at the time of such payment. D. If by agreement of both Governments it is determined that because of extraordinary and adverse economic conditions arising dur- ing the course of payment, any of the periodic payments of interest, of principal, of interest and principal, or of any part thereof would not be to the common advantage of both Governments, payment may be postponed on such terms and conditions as may be agreed. 3. Provision of Netherlands Indies Currency and of Property A. The Netherlands Indies Government, when requested by the United States Government, will make available at any time or times, by payment to the United States Government or to such persons or organizations as the United States Government may designate, Neth- erlands Indies currency in any amount (computed as provided in sub- paragraph 3E of this Agreement) not in excess of the amount due as of such time plus past due interest, for: (1) The payment of any or all of the ordinary governmental expenditures in the Netherlands Indies of the United States Government or any department or agency thereof; (2) The acquisition of real property, improvements thereon or furnishings therefor, agreed upon by the two Governments; and (3) The payment of the cost of educational programs agreed upon by the two Governments. B. In case the United States Government wishes to acquire any property located in the Netherlands Indies, real or personal, tangible or intangible (other than for export except by mutual agreement), or to improve or furnish any property so located in which it has an interest, the Netherlands Indies Government will at any time or times, as requested by the United States Government, enter into nego- tiations, and use its best efforts consistent with its public policy, to reach an agreement with the United States Government whereby there will be delivered to the United States Government the prop- erties, improvements or furnishings which the United States Govern- ment desires or which the representatives of the United States Govern-

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