Page:United States Statutes at Large Volume 63 Part 3.djvu/556

 2862 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [63 STAT. cooperative program for a period of one year, from June 30, 1948 through June 30, 1949, upon the condition that a formal agreement, providing for the extension of the cooperative program, is signed by authorized representatives of our two governments not later than September 30, 1948. It would be understood that during such period of extension, namely, from June 30, 1948 through June 30, 1949, the Institute would make a contribution of $100,000.00 U. S. Cy. to the credit of Comissao Brasileira-Americana de Educagqo Industrial for use in carrying out project activities of the program on condition that your Government would contribute to the same organization for the same purpose the sum of Cr$7,000,000.00. The Institute would also be willing during the same extension period to make available an amount not exceeding $125,000.00 U. S. Cy. to be retained by the Institute, and not deposited to the account of the ComissAo Brasileira- Americana de EducacSo Industrial, for payment of salaries and other expenses of the members of the Institute, Education Division, Field Staff, who are maintained by the Institute in Brazil. The amounts referred to would be in addition to the sums already required under the Basic Agreement to be contributed and made available by the parties in furtherance of the program. If Your Excellency agrees that the proposed extension on the above basis is acceptable to your Government, I would appreciate receiving an expression of Your Excellency's opinion and agreement thereto as soon as may be possible in order that the technical details of the ex- tension may be worked out by officials of the Ministry of Education and The Institute of Inter-American Affairs. In accordance with the desire of your Government that the coopera- tive work of ComissSo Brasileira-Americana de Educagao Industrial be continued pending the signing of the formal agreement to extend the cooperative education program, and in order to assure continuity of the program, my Government is willing to continue to maintain in Brazil the staff of specialists in vocational education of The Institute of Inter-American Affairs which was provided for in the Basic Agree- ment for such time as it may be reasonably necessary to reach an agreement on the technical details of the extension agreement. Your Excellency will appreciate, however, that no funds can be deposited to the account of Comissao Brasileira-Americana de Educacao Indus- trial by The Institute of Inter-American Affairs until the formal agree- ment, extending the cooperative education program in Brazil, is signed by authorized representatives of our two governments. The Special Representative of The Institute in Brazil has been authorized to enter into a written agreement with the Superintendent of Comissao Brasileira-Americana de Educagco Industrial to provide for the use of Comisso Brasileira-Americana de Educagao Industrial funds remaining unexpended at the close of June 30, 1948, for financing only existing projects being undertaken by Comissio Brasileira- Americana de EducagAo Industrial pending the signing, on or before September 30, 1948, of a formal extension agreement. It is understood that your Government will extend the same recogni- tion to The Institute of Inter-American Affairs which was extended

�