Page:United States Statutes at Large Volume 63 Part 3.djvu/258

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES Netherlands Regarding Settlement for Lend-Lease, Reciprocal Aid, Surplus Property, Military Relief, and Claims, signed at Washington, D.C., on May 28, 1947 (hereinafter designated the "Settlement Agreement"), it is provided that the Government of the Kingdom of the Netherlands, when requested by the Government of the United States of America, will make available at any time or times, by payment to the Government of the United States of America or to such persons or organi- zations as the Government of the United States of America may designate, Netherlands currency in any amount (computed as provided in Sub-paragraph 7 E of the Settlement Agreement) not in excess of the then unpaid portion of the total principal amount plus past due interest, for the payment of the cost of educational programs agreed upon by the two Governments, Have agreed as follows: Article 1 There shall be established a foundation to be known as the United States Educational Foundation in the Netherlands (here- inafter designated "the Foundation"), which shall be recognized by the Government of the United States of America and the Government of the Kingdom of the Netherlands as an organiza- tion created and established to facilitate the administration of the educational program to be financed by funds made available by the Government of the Kingdom of the Netherlands under the terms of the present Agreement. Except as provided 61 Stat., Pt. 4, p. 3932. The Foundation. 2562 [63 STAT.

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