bases and methods of determining dutiable value in the United Kingdom and the United States of America and the desirability of removing, in so far as possible, any uncertainties in respect of these matters, I have to assure you that the Government of the United Kingdom will be ready to afford full opportunity to the Government of the United States for consultation between representatives of the two Governments concerning general problems of valuation as well as specific difficulties of application which may arise from time to time. I should much appreciate hearing from you that the Government of the United States will likewise be ready to afford opportunity for such consultation. I have the honour to be, with the highest consideration, Sir, Your Excellency's most obedient, humble servant, The Honourable CORDELL HULL, Secretary of State of the United States, Washington, D. C. EXCELLENCY: R. C. LINDSAY The Secretary of State to the British Ambassador DEPARTMENT OF STATE, Washington, November 17, 1938 I have the honor to acknowledge the receipt of your note of today's date in which reference is made to the discussions which have taken place in connection with the negotiation of the Trade Agreement signed this day concerning the bases and methods of determining dutiable value in the United Kingdom and the United States of America and the desirability of removing, in so far as possible, any uncertainties in respect of these matters. You state that your Government will be ready to afford full opportunity for consultation between representatives of the two Governments concerning general problems of valuation as well as specific difficulties of application which may arise from time to time. I have the honor to assure you that the Government of the United States will likewise be ready to afford full opportunity for consultation between representatives of the two Governments concerning these matters. Accept, Excellency, the renewed assurances of my highest consideration. CORDELL HULL His Excellency The Honorable Sir RONALD LINDSAY, P. C., G. C. M. G., K. C. B., C. V. O., British Ambassador. JOINT ADMINISTRATION OF CANTON AND ENDERBURY ISLANDS Exchange of notes at Washington April 6, 1939, with text of agreement 53 Stat. 2219; Executive Agreement Series 145 The Secretary of State to the British Ambassador WASHINGTON EXCELLENCY: April 6, 1939 With reference to recent correspondence between the Government of the United States of America and the Government of the United Kingdom of Great Britain and Northern Ireland concerning Canton and Enderbury Islands in the South Pacific Ocean, I have the honor to propose an Agreement concerning these islands in the following terms: I The Government of the United States and the Government of the United Kingdom, without prejudice to their respective claims to Canton and Enderbury Islands, agree to a joint control over these islands. II The islands shall, during the period of joint control, be administered by a United States and a British official appointed by their respective Governments. The manner in which these two officials shall exercise the powers of administration reserved to them under this paragraph shall be determined by the two Governments in consultation as occasion may require. III The islands shall, during the period of joint control, be subject to a special joint ad hoc régime the details of which shall be determined by the two Governments in consultation from time to time. IV The islands shall be available for communications and for use as airports for international aviation, but only civil aviation companies incorporated in the United States of America or in any part of the British Commonwealth of Nations shall be permitted to use them for the purpose of scheduled air services. V The use of any part of either of the islands or their territorial waters for aviation purposes, except as herein agreed upon, or for any other purpose, shall be the subject of agreement between the two Governments. VI An airport may be constructed and operated on Canton Island by an American company or companies, satisfactory to the United States Government, which, in return for an agreed fee, shall provide facilities for British aircraft and British civil aviation companies equal to those enjoyed by United States aircraft and by such American company or companies. In case of dispute as to fees, or the conditions of use by British aircraft or by British civil aviation companies, the matter shall be settled by arbitration. VII The joint control hereby set up shall have a duration of fifty years from this day's date. If no agreement to the contrary is reached before the expiration of that period the joint control shall continue thereafter until such time as it may be modified or terminated by the mutual consent of the two Governments. I have the honor to suggest that if an Agreement in the sense of the foregoing paragraphs is acceptable to the Government of the United Kingdom this note and Your Excellency's reply thereto in similar terms shall be regarded as placing on record the understanding arrived at between the two Governments concerning this matter. Accept, Excellency, the renewed assurances of my highest consideration. CORDELL HULL His Excellency The Right Honorable Sir RONALD LINDSAY, P.C., G.C.M.G., K.C.B., C.V.O., British Ambassador. The British Ambassador to the Secretary of State April 6th, 1939 No. 391 SIR, I have the honour to refer to your Note of this day's date proposing an Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the United States of America on the subject of Canton and Enderbury Islands in the following terms: [For terms of agreement, see U.S. note, above.] I have the honour to inform you that an Agreement in the terms of the foregoing paragraphs is acceptable to the Government of the United Kingdom and that this Note, and your Note under reference, will be regarded as placing on record the understanding arrived at between the two Governments concerning this matter. I have the honour to be, with the highest consideration, Sir, Your most obedient, humble servant, The Honourable CORDELL HULL, Secretary of State of the United States, Washington, D.C. R. C. LINDSAY EXCHANGE OF COTTON AND RUBBER Agreement signed at London June 23, 1939; exchange of notes at Lon don August 25, 1939 Senate advice and consent to ratification June 29, 1939 Ratified by the President of the United States July 17, 1939 Ratification deposited at London August 25, 1939 Entered into force August 25, 1939 Proclaimed by the President of the United States September 6, 1939 54 Stat. 1411; Treaty Series 947 AGREEMENT BETWEEN THE GOVERNMENTS OF THE UNITED STATES OF AMERICA AND THE UNITED KINGDOM FOR THE EXCHANGE OF COTTON AND RUBBER The Government of the United States of America and the Government of the United Kingdom of Great Britain and Northern Ireland, desiring to make arrangements for the exchange of cotton and rubber, have agreed as follows ARTICLE 1 The United States Government will supply to the Government of the United Kingdom, delivered on board ship, compressed to high density, at New Orleans, Louisiana, and at other Gulf and Atlantic deep water ports to be agreed upon between the two Governments, 600,000 bales of raw cotton of the grades and staples which will be specified by the Government of the United Kingdom. The United States Government will make available in adequate quantities for such purpose cotton from the stock on which the United States Government has made advances to growers. (a) The price will be fixed on the basis of the average market price as published by the Bureau of Agricultural Economics for middling 8-inch cotton during the period January 1st-June 23rd, 1939, for spot delivery at New Orleans, plus 0.24 cent per lb. for cost of compression and delivery on board ship, with adjustments in price for other grades and staples according to differences above or below middling 7-inch quoted in that period. (b) The cotton will be inspected to determine its classification in accordance with the Universal Cotton Standards for grade and the official standards |