62 STAT.] PANAMA-COOPERATIVE EDUCATION-SEPT. 23 ,24 ,1948 for use in carrying out project activities of the program on condition that your Government would contribute to the Servicio for the same purpose the sum of B/s 101,000.00. The Institute would also be willing during the same extension period to make available an amount not exceeding $20,000.00 U . S . Currency to be retained by the In- stitute, and not deposited to the account of the Servicio, for payment of salaries and other expenses of the members of the Institute Edu- cation Division Field Staff, who are maintained by the Institute in Panama. The amounts referred to would be in addition to the sums already required under the present Basic Agreement to be contrib- uted and made available by the parties in furtherance of the program. If Your Excellency agrees that the proposed extension on the above basis is acceptable to your Government, I would appreciate receiving an expression of Your Excellency's opinion and agreement thereto as soon as may be possible in order that the technical details of the extension may be worked out by officials of the Ministry of Education and The Institute of Inter-American Affairs. I avail myself of this opportunity to renew to Your Excellency the assurances of my highest and most distinguished consideration. MONNETT B. DAVIS His Excellency ERNESTO JAEN GUARDIA, Ministerfor ForeignAffairs, Panamd, Panamd The PanamanianMinisterfor ForeignAffairs to the American Ambassador MINISTERIO DE RELACIONES EXTERIORES D. P. N. 1733. PANAMA, Septiembre 24 de 1948. SENOR EMBAJADOR: Tengo a honra referirme a la atenta comunicaci6n de Vuestra Excelencia N° 58, de fecha 23 del corriente, que reza textualmente asI: "Tengo el honor de referirme a las notas cruzadas el 13 y 14 de noviembre de 1944 entre el Embajador de los Estados Unidos ante el Gobierno de Vuestra Excelencia y el entonces Ministro de Relaciones Exteriores y el Acuerdo Basico entre la Repdblica de Panama y la Inter-American Educational Foundation, Inc., de fecha 25 de febrero de 1946, el cual dispone lo relativo a la iniciaci6n y realizaci6n del programa existente de cooperaci6n educativa en Panama. Me refiero asi mismo a la nota de Vuestra Excelencia, de fecha 7 de agosto de 1948, en la que se sugiere que nuestros respectivos Gobiernos den consideraci6n a una nueva pr6rroga de aquel Acuerdo. De conformidad con la legislaci6n promulgada por el Congreso en el curso del afo de 1947 y sancionada por el Presi- dente de los Estados Unidos, todos los bienes, fondos, funciones, personal, obligaciones y restricciones de la Inter-American Educa- tion Foundation, Inc., fueron traspasados a The Institute of Inter- 4085
�
