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the ratifications of which we exchanged today, and particularly to the following sentence of article II which provides that:

"The Government of the Dominican Republic and the Government of the United States of America, in common accord, shall designate a Bank, with establishment in the Dominican Republic, as sole depository of all revenues and public funds of whatsover nature of the Dominican Government."

The Government of the Dominican Republic proposes accordingly that, by mutual accord between our two Governments and for the purposes stipulated in the convention, the branch of the National City Bank of New York established in Ciudad Trujillo, Dominican Republic, be designated as the Depository Bank.

I avail myself of this opportunity to renew to Your Excellency the assurance of my highest consideration.

RAFAEL L. TRUJILLO Ambassador Extraordinary and Plenipotentiary on Special Mission

His Excellency

CORDELL HULL,

Secretary of State,

Washington, D.C.

The Secretary of State to the Dominican Ambassador Extraordinary on Special Mission

DEPARTMENT OF STATE

WASHINGTON
March 10, 1941

EXCELLENCY:

I have the honor to acknowledge the receipt of your note of today's date. reading as follows:

[For text of Dominican note, see above.]

In reply I have the honor to state that the proposal of the Dominican Government is agreeable to the Government of the United States, namely, that the branch of the National City Bank of New York established in Ciudad Trujillo, Dominican Republic, be designated as the Depository Bank for the purposes stipulated in the Convention, the ratifications of which were exchanged today.

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

His Excellency

CORDELL HULL

Dr. RAFAEL L. TRUJILLO,

Ambassador Extraordinary of the

Dominican Republic on Special Mission.

The Secretary of State for Foreign Affairs to the American Minister

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I have the honor to inform Your Excellency that, with reference to the provisions of the first paragraph of article IX of the convention between the Government of the Dominican Republic and the Government of the United States of America signed in the city of Washington, D.C., on September 24, 1940, and in view of all of the measures adopted through mutual agreement between both Governments subsequent to the exchange of ratifications of the said convention, the Dominican Government, by means of the present note, states that, for its part, it recognizes that all of the measures. necessary for the execution of the above-mentioned convention of September 24, 1940 have been adopted and put into operation.

And that, consequently, beginning with this date the normal and satisfactory execution of the said convention can be initiated.

In requesting Your Excellency to advise me of the opinion of your Government on this matter, I avail myself of the opportunity to renew to Your Excellency the assurances of my highest consideration.

His Excellency

ROBERT MCGREGOR SCOTTEN,

E. E. and Minister Plenipotentiary
of the United States of America.

A. DESPRADEL

The American Minister to the Secretary of State for Foreign Affairs

No. 43

EXCELLENCY:

CIUDAD TRUJILLO, D.R., March 31, 1941

I have the honor to acknowledge the receipt of your communication No. 445 of March 31, 1941, in which Your Excellency states that, with reference to the provisions of the first paragraph of Article IX of the Convention signed in the City of Washington, D.C., between the Government of the United States of America and the Government of the Dominican Republic, on September 24, 1940, and in view of the measures adopted through mutual agreement between both Governments subsequent to the exchange of ratifications of the said Convention, the Dominican Government agrees that all of the necessary measures for the execution of the above-mentioned Convention of September 24, 1940 have been adopted and put into operation.

In reply to this communication I have the honor to inform Your Excellency that, in view of all of the measures adopted through mutual agreement between both Governments subsequent to the exchange of ratifications of the aforesaid Convention, the American Government, for its part, agrees that all of the measures necessary for the execution of the above-mentioned Convention of September 24, 1940 have been adopted and put into operation. I avail myself of this opportunity to renew to Your Excellency the assurances of my highest consideration.

His Excellency

ARTURO DESPRADEL,

Secretary of State for Foreign Affairs,

Ciudad Trujillo, D.R.

ROBERT M. SCOTTEN

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Agreement signed at Washington August 2, 1941
Entered into force August 2, 1941

Supplemented by agreement of August 6, 1941 2

1941 For. Rel. (VII) 253

Whereas the United States of America and the Dominican Republic declare that in conformity with the principles set forth in the Declaration of Lima, approved at the Eighth International Conference of American States on December 24, 1938, they, together with all the other American republics, are united in the defense of the Americas and are determined to secure for themselves and for each other the enjoyment of their own fortunes and their own talents;

And whereas the President of the United States of America has determined, pursuant to the Act of the Congress of the United States of America of March 11, 1941, that the defense of each of the American republics is vital to the defense of all of them, and for that reason the United States of America proposes to provide certain defense articles and defense information to the Dominican Republic;

And whereas the United States of America and the Dominican Republic are mutually desirous of concluding an agreement for the providing of defense articles and defense information by either country to the other country, and the making of such an agreement has been in all respects duly authorized, and all acts, conditions and formalities which it may have been necessary to perform, fulfil or execute prior to the making of such an agreement in conformity with the laws either of the United States of America or of the Dominican Republic have been performed, fulfilled or executed as required; The undersigned, being duly authorized for that purpose, have agreed as follows:

ARTICLE I

The United States of America proposes to transfer to the Dominican Republic under the terms of this Agreement armaments and munitions of

1 Final settlement payment made on Apr. 26, 1949, and reported in 29th Report to Congress on Lend-Lease Operations, p. 1.

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war to a total value of about $1,600,000. The United States of America proposes to begin deliveries immediately and to continue deliveries as expeditiously as practicable during the coming twelve months to an approximate total value of $250,000 for use by the Dominican Army and an approximate total value of $100,000 for use by the Dominican Navy.

The United States of America, however, reserves the right at any time to suspend, defer, or stop deliveries whenever in the opinion of the President of the United States of America further deliveries are not consistent with the needs of the defense of the United States of America or the Western Hemisphere.

ARTICLE II

Records shall be kept of all defense articles transferred under this agreement, and not less than every ninety days schedules of such defense articles shall be exchanged and reviewed.

Thereupon the Dominican Republic shall pay in dollars into the Treasury of the United States of America the total cost to the United States of America of the defense articles theretofore delivered up to a total of $900,000, less all payments theretofore made, and the Dominican Republic shall not be required to pay more than a total of $150,000 before July 1, 1942, more than a total of $300,000 before July 1, 1943, more than a total of $450,000 before July 1, 1944, more than a total of $600,000 before July 1, 1945, more than a total of $750,000 before July 1, 1946, or more than a total of $900,000 before July 1, 1947.

ARTICLE III

The United States of America and the Dominican Republic, recognizing that the measures herein provided for their common defense and united resistance to aggression are taken for the further purpose of laying the bases for a just and enduring peace, agree, since such measures cannot be effective or such a peace flourish under the burden of an excessive debt, that upon the payments above provided all fiscal obligations of the Dominican Republic hereunder shall be discharged; and for the same purpose they further agree, in conformity with the principles and program set forth in Resolution XXV on Economic and Financial Cooperation of the Second Meeting of the Ministers of Foreign Affairs of the American Republics at Habana, July 1940,5 to cooperate with each other and with other nations to negotiate fair and equitable commodity agreements with respect to the products of either of them and of other nations in which marketing problems exist, and to cooperate with each other and with other nations to relieve the distress and want caused by the war wherever, and as soon as, such relief will be succor to the oppressed and will not aid the aggressor.

* For text, see Department of State Bulletin, Aug. 24, 1940, p. 141.

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