Treaty (8 April 1948)

April 08, 1948

EXCHANGE OF NOTES CONSTITUTING AN AGREEMENT

BETWEEN THE GOVERNMENT OF THE REPUBLIC OF THE

PHILIPPINES AND THE GOVERNMENT OF THE UNITED

STATES OF AMERICA FOR THE USE OF FUNDS MADE

AVAILABLE IN ACCORDANCE WITH THE AGREEMENT FOR

THE SALE OF CERTAIN SURPLUS WAR PROPERTY OF 11

SEPTEMBER 1946

Note: The Agreement entered into force, April 8, 1948.

Reference: This Agreement is also published in 74 UNTS, p. 292.

I

THE AMERICAN AMBASSADOR TO THE PHILIPPINE SECRETARY OF

FOREIGN AFFAIRS

EMBASSY OF THE UNITED STATES OF AMERICA

No. 1177

April 2, 1948

Excellency:

I have the honor to refer to the first two sentences of Article 11 of the Fulbright

Agreement between the Government of the United States of America and the

Government of the Republic of the Philippines for the use of funds made available

in accordance with the agreement between the Government of the Republic of the

Philippines and the Government of the United States of America for the sale of

surplus war property, which are worded as follows:

"The Government of the Republic of the Philippines shall within thirty

(30) days of the date of signature of the present agreement, deposit with

the Treasurer of the United States of America, an amount of the currency

of the Government of the Republic of the Philippines equivalent to Two

Hundred Thousand Dollars ($200,000—United States currency). On

January 1, 1948, and on each succeeding January 1, the Government of

the Republic of the Philippines shall similarly deposit an amount of the

currency of the Government of the Republic of the Philippines equivalent

to Two Hundred Thousand Dollars ($200,000—United States currency)

until an aggregate amount equivalent to Two Million Dollars ($2,000,000

—United States currency) shall have been so deposited."

In view of the fact that it is the intent of this agreement to use the equivalent of

$200,000 (United States currency) in Philippine currency each year for a period of

ten years for the support of cultural and educational activities under the FulbrightAct and that the deposit of this sum of money by the Government of the Republic of

the Philippines with the treasurer of the United States within thirty days of the

signature of the agreement will meet the expenses of the program for the year 1948,

it is suggested that the second sentence quoted above be amended to read as follows;

"On January 1, 1949, and on each succeeding January 1, the Government

of the Republic of the Philippines shall similarly deposit an amount of

the currency of the Government of the Republic of the Philippines

equivalent to Two Hundred Thousand Dollars ($200,000 —United States

currency) shall have been so deposited."

Upon the receipt of a note from Your Excellency stating that the foregoing

suggestion is acceptable to the Government of the Republic of the Philippines, the

Government of the United States of America will consider that the subject

agreement has been so amended.

Accept, Excellency, the renewed assurances of my highest consideration.

EMMET O'NEAL

His Excellency ELPIDIO QUIRINO

Secretary of Foreign Affairs of the

Republic of the Philippines

II

THE PHILIPPINE SECRETARY OF FOREIGN AFFAIRS TO THE

AMERICAN AMBASSADOR

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FOREIGN AFFAIRS

Manila, April 8, 1948

Excellency;

I have the honor to refer to Your Excellency's note No. 1177 dated April 2, 1948,

which reads as follows:

[See note I]

In reply, I wish to state that the suggestion contained in your above-quoted note is acceptable to the Government of the Republic of the Philippines and my Government will consider that the second sentence of Article 11 of the Fulbright Agreement between our two Governments has been so amended. Accept, Excellency, the renewed assurances of my highest consideration.

BERNABE AFRICA

His Excellency EMMET O'NEAL American AmbassadorUnited States Embassy Manila