Page:United States Statutes at Large Volume 62 Part 2.djvu/617

 62 STAT.] PHILIPPINES-EDUCATIONAL FOUNDATION-APR. 2, 8 , 1948 currency each year for a period of ten years for the support of cul- tural and educational activities under the Fulbright Act and that the deposit of this sum of money by the Government of the Republic of the Philippines with the treasurer of the United States within thirty days of the signature of the agreement will meet the expenses of the program for the year 1948, it is suggested that the second sentence quoted above be amended to read as follows: 'On January 1, 1949, and on each succeeding January 1, the Gov- ernment of the Republic of the Philippines shall similarly deposit an amount of the currency of the Government of the Republic of the Philippines equivalent to Two Hundred Thousand Dollars ($200,000 - United States currency) until an aggregate amount equivalent to Two Million Dollars ($2,000,000-United States currency) shall have been so deposited.' Upon the receipt of a note from Your Excellency stating the the foregoing suggestion is acceptable to the Government of the Republic of the Philippines, the Government of the United States of America will consider that the subject agreement has been so amended." In reply, I wish to state that the suggestion contained in your above- quoted note is acceptable to the Government of the Republic of the Philippines and my Government will consider that the second sentence of Article 11 of the Fulbright Agreement between our two Govern- ments has been so amended. Accept, Excellency, the renewed assurances of my highest con- sideration. BERNABE AFRIOA His Excellency EMMET O'NEAL American Ambassador United States Embassy Manila 1897 60 Stat. 754. 50U.S.C.app. §§ 1619, 1641; Supp. I, § 1619. Ante, p. 1882.

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