Page:United States Statutes at Large Volume 18 Part 2c.djvu/518

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MEXICO, 1868. 51] has not been duly made, preferred, and laid before them, either wholly or_to any and what extent, according to the true intent and meaning of this convention. Anrrcms 1V. When decisions shall have been made by the commissioners and the Awards, new mqarbiter in every case which shall have been laid before them, the total 5¤¤°°*‘ ***1** Pamamount awarded in all the cases decided in favor of the citizens of the one party shall be deducted from the total amount awarded to the citizens of the other party, and the balance, to the amount of three hundred thousand dollars, shall be paid at the city of Mexico or at the city of Washington, in gold or its equivalent, within twelve months from the close of the commission, to the government in favor of whose citizens the greater amount may have been awarded, without interest or any other deduction than that specfiled in Article VI of this convention. The residue of the said balance shall be paid in annual instal- Payment or inn. ments to an amount not exceeding three hundred thousand dollars, in wwe-

 or its equivalent, in any one year until the whole shall have been

pai . Amicnn V. The high contracting parties agree to consider the result of the pro- Settlement te he ceedings of this commission as a full, perfect, and final settlement of h““l· every claim upon either government arising out of any transaction of a date prior to the exchange of the ratiiications of the present convention; and further engage that every such claim, whether or not the Claims not pre same may have been presented to the notice of, made, preferred, or laid “°“*°d*·°"° *’“"°d· before the said commission, shall, from and after the conclusion of the proceedings of the said commission, he considered and treated as finally settled, barred, and thenceforth inadmissible. Anzrromi VI. The commissioners and the umpire shall keep an accurate record and Records. correct minutes of their proceedings, with the dates. For that purpose they shall appoint two secretaries versed in the language of both coun- g,,,,..,m;,,,_ tries to assist them in the transaction of thebusiness of the commission. Each government shall pay to its commissioner an amount of salary not wma exceeding forty-five hundred dollars a year in the currency of the United ' States, which amount shall be the-same for both governments. The amount of compensation to be paid to the umpire shall be determined by mutual consent at the close of the commission, but necessary and reasonable advances may be made by each government upon the joint recommendation of the commission. The salary of the secretaries shall E$1>e¤¤e¤¤f¤e$¤· not exceed the sum of twenty-five hundred dollars a year in the cur- m‘“‘°“· h°" P’“d· rency of the United States. The whole expenses of the commission, including contingent expenses, shall be defrayed by a ratable deduction on the amount of the sums awarded by the commission, provided always that such deduction shall not exceed five per cent. on the sums so awarded. The deficiency, if any, shall be defrayed in moieties by the two governments. Aarrcmn VII. The present convention shall be ratified by the President of the United B¤¢i6¢=¤·*>i¤¤¤· States, by and with the advice and consent of the Senate thereof, and by the President of the Mexican Republic, with the approbation of the Congress of that Republic; and the ratilications shall be exchanged at Washington within nine months from the date hereof, or sooner if possible. In witness whereof the respective Plenipotentiaries have signed the Big¤¤·t¤re¤- same, and have affixed thereto the seals of their arms.