PURCHASE OF NATURAL RUBBER Exchange of notes at Washington January 28 and March 1, 1946 Expired March 31, 1946 60 Stat. 1694; Treaties and Other International Acts Series 1526 The Secretary of State to the British Ambassador DEPARTMENT OF STATE WASHINGTON EXCELLENCY: I have the honor to inform Your Excellency that the Government of the United States of America is prepared to enter into an agreement for the purchase of all natural rubber allocated from all British areas in the Far East to the United States of America by the Combined Raw Materials Board, or successor body, according to the following terms: The Rubber Development Corporation, which is the agency of the Government of the United States of America which has been designated to negotiate for and effect the purchase of all natural rubber allocated to the United States of America by the Combined Raw Materials Board or successor body, shall purchase from the British Government all natural rubber which has been or shall be so allocated from all British areas in the Far East at a price of 2014 cents United States currency per pound for standard top grades with appropriate differentials for other types and grades, at Far Eastern port free on board ocean going steamer destined for United States port. In the case of Ceylon this price shall be paid only on rubber covered by ocean bills of lading bearing a date between January 1, 1946 and March 31, 1946, inclusive. In the case of all other areas in the Far East, this price shall be paid on rubber covered by ocean bills of lading bearing dates between September 2, 1945 (V-J Day) and March 31, 1946, inclusive. Payment for such rubber will be effected by the opening of an appropriate letter or letters of credit in favor of such agency of the British Government as shall be designated, which letters of credit shall provide for payment against shipping documents endorsed "on board" ocean going steamer evi dencing that the rubber has been shipped consigned to "Reconstruction Finance Corporation, 15 William Street, New York 5, New York." Quality and weights shall be as declared by the shipper, with the understanding that an appropriate adjustment will be made in the event of any substantial discrepancy between the quality and weights as declared by the shipper and the quality and weights as determined upon inspection and weighing in the United States. This note, together with your reply indicating acceptance by the Government of the United Kingdom of the offer contained herein, shall be deemed by the Government of the United States of America as bringing the above agreement into full force and effect. The Rubber Development Corporation will execute with the appropriate United Kingdom authority a contract embodying the details of the above agreement. Accept, Excellency, the renewed assurances of my highest consideration. For the Secretary of State: I have the honour to refer to your Note of January 28th in which you stated that the Government of the United States of America was prepared to enter into an agreement for the purchase of all natural rubber allocated from all British areas in the Far East to the United States of America by the Combined Raw Materials Board or successor body. 2. I understand that the Rubber Development Corporation and the British Supply and Air Commission have reached agreement regarding the terms upon which such rubber shall be purchased by the United States Government. I further understand that the Rubber Development Corporation and the British Supply and Air Commission have mutually agreed (a) that the price to be paid shall be determined on the basis of the landed weight and description of such rubber and (b) that shipments of Ceylon rubber shall not be covered by the Rubber Development Corporation's contract with H. M. Government inasmuch as all shipments of rubber to the United States from Ceylon during the period September 2, 1945 to March 31, 1946 have been covered by the so-called Reciprocal Aid Pipeline Agreement.1 3. This Note conveys acceptance by the Government of the United Kingdom of the offer made by the Government of the United States of America as embodied in the understanding now reached between the Rubber Development Corporation and the British Supply and Air Commission. I have the honour to be, with the highest consideration, Sir, Your most obedient, humble Servant The Honourable JAMES F. BYRNES, Secretary of State of the United States, HALIFAX 1 Agreement signed at Washington Mar. 27, 1946 (TIAS 1509, post, p. 745). LEND-LEASE SETTLEMENT Memorandum signed at Washington March 27, 1946, with texts of agreements Entered into force March 27, 1946 Agreement II on settlement of intergovernmental claims supplemented by agreement of February 19 and 28, 1947 1 Agreement IV on military holdings modified by agreement of January 7, 1948 2 Agreements I-IX modified and supplemented by agreement of July 12, 1948 3 60 Stat. 1525; Treaties and Other International Acts Series 1509 MEMORANDUM PURSUANT TO JOINT STATEMENT OF DECEMBER 6, 1945, REGARDING SETTLEMENT FOR LEND-LEASE, RECIPROCAL AID, SURPLUS WAR PROPERTY, AND CLAIMS 1. The Government of the United States of America and the Government of the United Kingdom of Great Britain and Northern Ireland announced in a Joint Statement of December 6, 1945* that they had reached an understanding for the settlement of lend-lease and reciprocal aid, for the acquisition of United States Army and Navy surplus property, and the United States interest in installations, located in the United Kingdom, and for the final settlement of the financial claims of each Government against the other arising out of the conduct of the war. It was therein stated that specific agreements necessary to implement that understanding, setting forth the terms in detail, and consistent with the Joint Statement were in the course of preparation. These have now been completed. 2. These specific agreements, which are annexed hereto, are as follows: I. Agreement on Lend-Lease and Reciprocal Aid Pipelines and Offsetting Arrangement. II. Agreement on Settlement of Intergovernmental Claims. 1TIAS 1635, post, p. 812. 2 TIAS 1698, post, p. 843. TIAS 1770, post, p. 897. TIAS 1509, ante, p. 700. III. Agreement relating to Civilian Holdings. V. Agreement on Lend-Lease Aircraft (Non-Combat) and Spares. VII. Agreement on Lend-Lease and Reciprocal Aid Installations. IX. Agreement relating to Tort Claims. 3. With the exception of certain small craft specifically covered by these Agreements, vessels furnished under lend-lease and reciprocal aid are subject to return to the supplying Government in accordance with the terms upon which they were furnished or with detailed arrangements agreed or to be agreed between the two Governments. Consequently no separate agreement relating to such vessels is included among these Agreements. 4. Insofar as provisions of these Agreements relate to British Colonial Dependencies, they are to be regarded as relating also to Southern Rhodesia. 5. The Government of the United States of America and the Government of the United Kingdom of Great Britain and Northern Ireland hereby signify their acceptance of the terms of the Agreements annexed hereto. DONE in Washington in duplicate this twenty-seventh day of March, 1946. For the Government of the United States of America: DEAN ACHESON Acting Secretary of State of the United States of For the Government of the United Kingdom of HALIFAX His Majesty's Ambassador Extraordinary and I AGREEMENT ON LEND-LEASE AND RECIPROCAL AID PIPELINES AND OFFSETTING ARRANGEMENT In accordance with their JOINT Statement Regarding SETTLEMENT FOR LEND-LEASE, RECIPROCAL AID, SURPLUS WAR PROPERTY AND CLAIMS, dated December 6, 1945, the Governments of the United States and of the United Kingdom have reached agreement as set forth below regarding settlement for articles and services furnished after September 1, 1945 to either Government through lend-lease and reciprocal aid channels and regarding other matters covered by the offsetting arrangement described in paragraph 3 (a) of the Joint Statement. In general this agreement covers certain articles |