Page:United States Statutes at Large Volume 59 Part 2.djvu/1131

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1814 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [59 STAT. merchandise, or any multilateral international agreements which may be concluded prior to December 31, 1946, to which Argentina and the country of destination are parties, and in which exchange parities of a general character are fixed; in that case such agree- ments shall be applied retroactively to the said payments. It is understood that under no circumstances shall a shipment be delayed awaiting the conclusion of any exchange agreement as pro- vided in sub-paragraph 3 above. The U.S. Commercial Company guarantees by the present agree- ment, that not less than 75% (Seventy-five percent) of the total value in dollars of the Argentine exports under this agreement shall be paid in U.S. dollars, Canadian dollars, or pounds sterling. Your Excellency's note and this note, both of even date, constitute an agreement between our respective Governments which will take effect from this date. I avail myself of this opportunity to reiterate to Your Excellency the assurances of my most distinguished consideration. EDWARD L. REED Charge d'Affaires ad interim His Excellency Doctor CESAR AMEHrINO, Minister for ForeignAffairs and Worship, Etc., Etc., etc.