INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [60 STAT. force executoire a 1'accord dont les conditions sont exposees ci-dessus. Les autorites frangaises comp6tentes passeront avec la "Rubber Devel- opment Corporation" un contrat fixant les modalites d'application de cet accord./ . Je prie Votre Excellence de bien vouloir agreer les assurances de ma tres haute consideration. H BONNET Son Excellence 1'Honorable JAMES F" BYRNES, Secretaired'Etatdes Etats-Unis, Washington, D. C. Translation EMBASSY OF FRANCE IN THE UNITED STATES OA/RL WASHINGTON, February 7, 1946. NO. 100 MR. SECRETARY OF STATE: I have the honor to acknowledge the receipt of Your Excellency's Ate. p.im. note of January 28, 1946, and to inform you that the French Govern- ment is disposed to conclude an agreement for the sale of natural rubber coming from the French territories in the Far East allocated to the United States by the "Combined Raw Materials Board" or the entity succeeding it, on the following conditions: The French Government shall sell to the "Rubber Development Corporation," the American agency that has been designated for the purpose of negotiating and effecting the purchase of all natural rubber allocated to the United States of America by the "Combined Raw Materials Board" or the entity succeeding it, all the natural rubber which has been or shall be allocated to the United States coming from the French territories of the Far East, at the price of 20% cents (in money of the United States) per pound, for the qualities called "Standard top grades," with appropriate differences for other types and qualities, delivered f.o .b . in the ports of the Far East, on sea- going vessels bound for a United States port. This price shall be paid for all the quantities of rubber mentioned in marine bills of lading bearing a date between September 2, 1945, (V-J Day) and June 30, 1946, inclusive. Payment for them will be executed by the opening of letters of credit in favor of such entity as shall be designated by the French Government or in accordance with some other mode of pay- ment the principle of which the two governments may adopt by mutual agreement. These letters of credit shall stipulate that payment will be made against delivery of merchant marine documents endorsed on board seagoing ships and furnishing proof that the rubber has been consigned to the "Reconstruction Finance Corporation", 15 Williams Street, New York 5, New York. The quality and the weight shall be those that have been established after inspection and weighing in a port of the United States. 1692
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