PILOT LICENSES-AIRCRAFT-DENMARK. ARTICLE 2. (a) The Department of Public Works of Denmark will issue pilots' licenses to American nationals upon a showing that they are ~ualified under the regulations of that Department covering the lIcensing of pilots. (b) The Department of Commerce of the United States of Amer- ica. will issue pilots' licenses to Danish nationals upon a showing that they are qualified under the regulations of that Department covering the licensing of pilots. ARTICLE 3. (a) Pilots' licenses issued by the Department of Commerce of the United States of America to Danish nationals shall entitle them to the same privileges as are granted by pilots' licenses issued to American nationals. (b) Pilots' licenses issued by the Department of Public Works of Uenmark to American nationals shall entitle them to the same privileges as are granted by pilots' licenses issued to Danish nationals. ARTICLE 4. Pilots' licenses issued to nationals of the one country by the com- peteht authority of the other country shall not be construed to accord to the licensees the right to register aircraft in such other country. ARTICLE 5.. Pilots' licenses issued to nationals of the one country by the competent authority of the other country shall not be construed to accord to the licensees the right to operate aircraft in air commerce wholly within territory of such other country reserved to national aircraft, unless the aircraft have been registered under the laws of the country issuing the pilots' licenses and the license is valid for the operatIOns in which the pilot is to engage. ARTICLE 6. The present arrangement shall be subject to termination by either Party upon sixty days' notice given to the other Party or by enact- ment by either Party of legislation inconsistent therewith." I am glad to assure you that the foregoing text is what has been accepted by my Government in the course of the negotiations and is approved by it. In accordance with your suggestion it is understood that the ar- rangement will come into force on April 16, 1934. I avail myself of this opportunity to renew to you, Madame, the assurance of my high consideration. P. MUNCH Mrs. RUTH BRYAN OWEN, Minister of the United State8 of America. [No. 59] 1867