make scheduled landings in the United States at the points so specified:

Finland over a North Atlantic route to New York.

3. Points on any of the specified routes may at the option of the designated airline or airlines be omitted on any or all flights.

Agreement and exchange of notes between the United States of America and the Netherlands respecting a United States Educational Foundation in the Netherlands. Signed at The Hague May 17, 1949; entered into force May 17, 1949.

May 17, 1949 [T. I. A. S. 1946]

81939-52-PT. III- -17

61 Stat., Pt. 4, p. 3924.

AGREEMENT

between the Government of the United States of America and the Government of the Kingdom of the Netherlands for the use of funds made available in accordance with the Agreement between the Government of the United States of America and the Government of the Kingdom of the Netherlands Regarding Settlement for Lend-Lease, Reciprocal Aid, Surplus Property, Military Relief, and Claims, signed at Washington, D.C., on May 28, 1947.

60 Stat. 754.

50 U. S. C. app. 1641 (b).

The Government of the United States of America and the Government of the Kingdom of the Netherlands;

Desiring to promote further mutual understanding between the peoples of the United States of America and the Kingdom of the Netherlands by a wider exchange of knowledge and professional talents through educational contacts;

Considering that Section 32 (b) of the United States Surplus Property Act of 1944, as amended by Public Law 584, 79th Congress, provides that the Secretary of State of the United States of America may enter into an agreement with any foreign government for the use of currencies or credits for currencies of such foreign government acquired as a result of surplus property disposals for certain educational activities; and

Considering that under the provisions of the Agreement between the Government of the United States of America and the Government of the Kingdom of the

OVEREENKOMST

tussen de Regering der Verenigde Staten van Amerika en de Regering van het Koninkrijk der Nederlanden betreffende het gebruik van gelden welke beschikbaar worden gesteld ingevolge de tussen de Regering der Verenigde Staten van Amerika en de Regering van het Koninkrijk der Nederlanden op 28 Mei 1947 te Washington,D.C., ondertekende Overeenkomst tot regeling van de wederzijdse vorderingen en schulden uit hoofde van de uitvoering van de Leen- en Pachtovereenkomst, de uitvoering van de Overeenkomst tot Wederkerige Hulpverlening, de Verkoop van Overtollige Legergoederen, en de uitvoering van het Militaire Hulpprogramma voor de Civiele Bevolking.

De Regering der Verenigde Staten van Amerika en de Regering van het Koninkrijk der Nederlanden;

Verlangende het wederzijdse begrip tussen de volken der Verenigde Staten van Amerika en van het Koninkrijk der Nederlanden verder te bevorderen door een ruimere uitwisseling van kennis en vakkundigheid door contact op het gebied van het onderwijs;

Overwegende, dat Afdeling 32 (b) der Amerikaanse Wet van 1944 betreffende Overtollige Legergoederen, zoals deze tijdens de 79ste zitting van het Congres bij Algemene Wet No. 584 gewijzigd is, bepaalt dat de Minister van Buitenlandse Zaken der Verenigde Staten van Amerika met de regering van een ander land een overeenkomst kan sluiten betreffende het gebruik van door verkoop van overtollige legergoederen verkregen betaalmiddelen of credieten in de valuta van dat andere land voor bepaalde werkzaamheden op het gebied van onderwijs;

Overwegende, dat onder de bepalingen van de tussen de Regering der Verenigde Staten van Amerika en de Regering van het Koninkrijk

61 Stat., Pt. 4, p. 3932.

Netherlands Regarding Settlement for Lend-Lease,
Reciprocal Aid, Surplus Property, Military Relief, and
Claims, signed at Washington, D.C., on May 28, 1947
(hereinafter designated the "Settlement Agreement"),
it is provided that the Government of the Kingdom of
the Netherlands, when requested by the Government of
the United States of America, will make available at
any time or times, by payment to the Government of the
United States of America or to such persons or organi-
zations as the Government of the United States of
America may designate, Netherlands currency in any
amount (computed as provided in Sub-paragraph 7 E of
the Settlement Agreement) not in excess of the then
unpaid portion of the total principal amount plus past
due interest, for the payment of the cost of educational
programs agreed upon by the two Governments,

The Foundation.

Have agreed as follows:

Article 1

There shall be established a foundation to be known as the United States Educational Foundation in the Netherlands (hereinafter designated "the Foundation"), which shall be recognized by the Government of the United States of America and the Government of the Kingdom of the Netherlands as an organization created and established to facilitate the administration of the educational program to be financed by funds made available by the Government of the Kingdom of the Netherlands under the terms of the present Agreement. Except as provided