1408 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [58 STAr. September 2529,1943 Agreement between the United States of America and Mexico respect- [E. A. S. 419] ing payment for expropriated petroleum properties. Effected by ex- change of notes signed at Washington September 25 and 29, 1943. And joint report. The Secretary of State to the Mexican Charge d'Affaires ad interim DEPARTMENT OF STATE WASHINGTON September 25, 1943. SIR: Reference is made to the Embassy's Memorandum of July 24, 1943, [1] concerning the matter of concluding the final agreement as provided by Paragraph 16 of the Agreement effected by exchange of 55 Stat. IMS9. notes signed November 19, 1941, in relation to the claims of American nationals whose properties, rights and interests in the petroleum industry in Mexico were affected by acts of the Government of Mexico subsequent to March 17, 1938. As a consequence of the statements contained in the above-men - tioned memorandum, and in view of prior correspondence and sub- sequent conversations, it is understood that the two Governments are now in agreement on the following: Payment to U. S. 1. In accordance with the Joint Report submitted on April 17, Post, p. 1412 . 1942, by Messrs. Morris L. Cooke and Manuel J. Zevada, experts designated by the respective governments pursuant to the Agreement concluded on November 19, 1941, the Government of Mexico shall pay to the Government of the United States of America the sum of $23,995,991.00, United States currency, plus interest, computed in conformity with the Joint Report, at three per centum per annum from March 18, 1938. paedts; remining 2. There shall be credited against the total sum of $27,981,955.20 due on September 30, 1943, the sum of $9,000,000 heretofore deposited with the Government of the United States of America by the Govern- ment of Mexico. The sum of $3,796,391.04, representing one-fifth of the balance, shall be paid at Washington on September 30, 1943, and the remaining sum of $15,185,564.16, plus interest, shall be paid at Washington in four equal annual installments of $4,085,327.45 on the thirtieth day of September of each of the years 1944 to 1947 inclusive. Settlement of claims of designated lcm- 3. The total sums to be so paid by the Government of Mexico, which panies. shall not be subject to deduction on account of taxes or claims of any character, shall be in full and final settlement and liquidation of all claims against the Government of Mexico on behalf of the respective [Not printed.]
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