Page:United States Statutes at Large Volume 61 Part 4.djvu/601

 61 STAT.] MULTIITATERAL MUITUAL AID SETTLEMENT-MAY 28, 1947 ment have selected. Representatives of the United States Government may at their discretion conduct discussions directly with owners of property or with contractors for improvements or furnishings as to fair terms and prices prior to the delivery of such property, improve- ments or furnishings to the United States Government. C. The United States Government declares that it is now its intention to request that Netherlands Indies currency be made avail- able for agreed educational programs under sub-paragraph 3A of this Agreement to the value of $7,000,000 and that it is now its intention to request that Netherlands Indies currency be made available for, or that there be delivered, real property, improvements and furnishings, or both, under sub-paragraphs 3A and 3B of this Agreement to the value of $1,300.000. This statement of intention does not prevent the United States Government from later proposing different amounts from these in these connections. The foregoing amounts are inclusive of amounts heretofore requested under corresponding arrangements hitherto existing under the line of credit. D. The dollar equivalent (computed in accordance with sub- paragraph 3E of this Agreement) of any Netherlands Indies cur- rency made available and of the Netherlands Indies currency value of any properties, improvements and furnishings delivered under this paragraph 3 or under corresponding arrangements hitherto existing under the line of credit shall be credited first to interest, if any, and then to instalments, if any, past due under this Agreement and then to the amount then due under this Agreement. E. Any Netherlands Indies currency made available and the Netherlands Indies currency value of any properties, improvements and furnishings delivered under this paragraph 3 or under corre- sponding arrangements hitherto existing under the line of credit will be valued at the par value between such currency and dollars estab- lished in conformity with procedures of the International Monetary Fund, or, if no such par value exists, at the rate most favorable to the United States Government used by the Netherlands Indies Gov- ernment in any official transaction at the time of the request by the United States Government that such currency be made available or that such properties, improvements or furnishings be delivered. DONE at Washington, in triplicate, this twenty-eighth day of May, 1947. FOR THE GOVERNMENT OF THE UNITED STATES OF AMERICA: G C MARsHALL Secretary of State of the United States of America FOR THE GOVERNMENT OF THE NETHERLANDS INDIES: A. LODON Ambassador Extraordinary and Plenipotentiary of the Kingdom of the Netherlandsat Washingto 95347 0 -60 -PT. --- 39 3949

�