Page:United States Statutes at Large Volume 63 Part 3.djvu/327

 2632 62 Stat., Pt. 3, p. 364. 61 Stat., p. 2475. 61 Stat., p. 3608. 62 Stat., p. 3645. Pt. Pt. Pt. 3, 4, 3, 61 Stat., Pt. 4, p. 3610. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [63 STAT. "The Government of the United States has had under consider- ation the obligation assumed by the Government of the United States and the Government of the United Kingdom under para- graph (A) of the exchange of notes between the two Governments of December 31, 1948, to consult together before March 1, 1949 to consider the terms and conditions of a new Agreement for a further period. "At the time of this exchange of notes, it was hoped that prior to the expiration of the period for which the Agreement was ex- tended the new arrangements relating to Germany arising out of the six-power talks held in London last spring would have matured and that it would be possible to negotiate a new agreement to in- clude France. Since these arrangements have not yet matured, the Government of the United States believes that under the circum- stances the most practical arrangement is an extension for a three months' period of the present Agreement, as amended by the change outlined below, with the understanding that it can be sooner ter- minated by mutual agreement or by the conclusion of a Trizonal Fusion Agreement. The change suggested is that the provisions of the Fusion Agreement relating to trade and payments between the Bizonal Area and the Sterling Area shall continue in force only until a payments agreement between the United Kingdom and the Bizonal Area is concluded and in effect. "I therefore have the honor to submit the following proposals for the consideration of the Government of the United Kingdom: - (A) The Fusion Agreement of December 2, 1946, as amended on December 17, 1947, and as further amended by the exchange of notes of December 31, 1948, shall, unless sooner terminated by mutual agreement or by the conclusion of a Trizonal Fusion Agreement, be extended to June 30, 1949, except that the provi- sions of paragraph 3 of the Agreement signed in Washington on December 17, 1947, shall terminate upon the effective date of a payments agreement to be concluded between the Government of the United Kingdom and the Bizonal Area. The two Govern- ments shall consult together before June 1, 1949 to consider the terms and conditions of a new agreement for a further period if prior to that time a Trizonal Fusion Agreement has not been concluded. (B) During the period for which the existing Fusion Agree- ment is extended, the Government of the United Kingdom will continue their contribution of supplies and services to Germany at the existing basic rate of 17-y 2 million pounds per annum (approximately the equivalent of 70 million dollars). (C) Separate discussions will take place as to the nature of goods and services to be provided by the Government of the United Kingdom for the second quarter of 1949, if as a result of seasonal or other factors it proves impossible or difficult to fur- nish supplies and services which, when added to the supplies and

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