Page:United States Statutes at Large Volume 61 Part 4.djvu/333

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CANADA-CANOL PROJECT-FEB . 26 , 1945 Agreement between the United States of America and Canada respecting an arrangementfor evaluation of all facilities of the Canol Project. Effected by exchange of notes signed at Ottawa February 26, 1945; entered into force February26, 1945. The American Ambassador to the Canadian Secretary of State for External Affairs EMBASSY OF THB UNITED STATES OF AMERICA No. 290 Ottawa, Canada,February26, 19465. SIR: I have the honor to refer to previous correspondence and specifically to the exchanges of notes of June 27 and 29, 1942, August 14 and 15, 1942, and June 7, 1944, as well as to recent discussions which have taken place with officials of your Government, all with regard to the Canol Project. In the note of June 27, 1942, my Government proposed that the pipeline from Norman Wells to Whitehorse and the refinery at White- horse should be operated under contracts with it or by its agents or representatives during the war. I am instructed now to propose that this shall not be construed as requiring that the United States shall continue to operate the pipeline and the refinery until the ter- mination of hostilities, and further to seek the agreement of your Government that the United States may terminate or modify opera- tion of any or all of the facilities of the Canol Project including the products pipeline system when, in its opinion, military considerations make such a course desirable. It is understood that the United States authorities will remain responsible for such care or mainte- nance of the facilities as they regard as necessary or desirable. In the exchange of notes of August 14 and 15, 1942, it was pro- vided that at the termination of hostilities discussions should be undertaken at the request of either Government with a view to reaching an agreement in regard to the disposition of the pipeline from Skagway to Whitehorse. Subsequently, by exchange of notes dated June 7, 1944, the two Governments agreed that the foregoing arrangements should apply also to the gasoline distribution lines from Carcross to Watson Lake and from Whitehorse to Fairbanks. My Government now desires to propose that the products pipeline system be evaluated by the appraisers appointed for the valuation of the crude oil system, but as an independent problem. The exchange of notes of June 27 and 29, 1942, provides for valua- tion of the crude oil pipeline and refinery at the termination of hostili- ties at the then commercial value of these facilities. My Govern- ment now desires to propose that all the facilities of the Canol Project, 965I47' ---P . --- 22 February 26, 1945 IT. I. A. S. 1695] 67 Stat. 1413 . 57 Stat. 1416; 58 Stat. 1384. 57 Stat. 1413 . 67 Stat. 1416. 58 Stat. 1S84. 57 Sta 1413 61 STAT.] 3677