Page:United States Statutes at Large Volume 62 Part 2.djvu/1197

 2486 Stimulation of trade. Utilization of man power. Prevention of prac- tices interfering with achievement of pro- gram. Post, pp. 2508, 2510. 62 Stat., Pt. 1, pp. 144, 1056. Post, p. 2506. d) to cooperate with other participating countries in facilitating and stimu- lating an increasing interchange of goods and services among the parti- cipating countries and with other countries and in reducing public and private barriers to trade among themselves and with other countries. 2. Taking into account Article 8 of the Convention for European Economic Cooperation looking toward the full and effective use of manpower available in the various participating countries, the Government of the Netherlands will accord sympathetic consideration to proposals made in conjunction with the Inter- national Refugee Organization directed to the largest practicable utilization of manpower available in any of the participating countries in furtherance of the accomplishment of the purposes of this Agreement. 3. The Government of the Netherlands will take the measures which it deems appropriate, and will cooperate with other participating countries, To prevent, on the part of private or public commercial enterprises, business practices or business arrangements affecting -international trade which restrain competition, limit.access to markets or foster monopolistic control whenever such practices or arrangements have theeffect of interfering with the achieve- ment of the joint program of European recovery. Article III. (Guaranties 1. The Governments of the United States of America and the Netherlands will, upon the request of either Government, consult respecting projects in the Netherlands proposed by nationals of the United States of America and with regard to which the Government of the United States of America may appropriately make guaranties of currency transfer under section 111 (b)(3) of the Economic Cooperation Act of 1948. 2. The Government of the Netherlands agrees nfat- if the Government of the United States of America makes payment in United States dollars to any person under such a &aranty, any &.- ilders, or credits in INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. practicable, create or maintain internal financial stability, and generally restore or maintain confidence in its monetary system; and

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