Page:United States Statutes at Large Volume 62 Part 3.djvu/1186

 62 STAT.] PHILIPPINES-U. S. EDUCATIONAL FOUNDATION-DEC. 8, 20 , 1948 3807 The Philippine Acting Undersecretaryof ForeignAffairs to the American Charge d'Affaires ad interim REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FOREIGN AFFAIRS MANILA, December 20, 1948 I wish to acknowledge receipt of your note No. 2266, dated December 8,1948, which reads as follows: "I have the honor to refer to Article 5 of the Fulbright Agreement between the Government of the United States of America and the Republic of the Philippines for the use of funds made available in accordance with the agreement between the Government of the United States of America and the Republic of the Philippines for the sale of surplus war property, which is worded as follows: 'The management and direction of the affairs of the Foundation shall be vested in a Board of Directors consisting of nine Directors (hereinafter designated the Board). 'The principal officer in charge of the Diplomatic Mission of the United States of America to the Republic of the Philippines (hereinafter designated the Chief of Mission) shall be Honorary Chairman of the Board. He shall have the power of appoint- ment and removal of members of the Board at his discretion. The members of the Board shall be as follows: (a) the Chief Public Affairs Officer of the United States Embassy in the Philippines, Chairman; (b) two other members of the Embassy staff, one of whom shall serve as treasurer; (c) two citizens of the United States of America, one representative of American business inter- ests in the Philippines and one representative of American educa- tional interests in the Philippines; and (d) four citizens of the Philippines, at least two of whom shall be prominent in the field of education. 'The six members specified in (c) and (d) of the last preceding paragraph shall be resident in the Philippines and shall serve from the time of their appointment until the succeeding December 31 next following such appointment. They shall be eligible for re- appointment. The United States members shall be designated by the Chief of Mission; the Philippines members by the Chief of Mission from a list of names submitted by the Government of the Republic of the Philippines. Vacancies by reason of resignations, transfer of residence outside of the Philippines, expiration of term of service, or otherwise shall be filled in accordance with this procedure. 'The Directors shall serve without compensation, but the Foundation is authorized to pay the necessary expenses of the Directors in attending meetings of the Board.' "The Department of State has reconsidered its policy relating to the pattern of membership of the Board of Directors of USEFP and now suggests the following amendment to Article 5, which equalizes Ante, p. 3805. 62 Stat., Pt. 2, p. 1880 . 62 Stat., Pt. 2. p. 1880.

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