Page:United States Statutes at Large Volume 48 Part 2.djvu/623

SILVER AGREEMENT. maximum amount disposed of in any year shall be limited to seven million fine ounces. 6. That the Governments concerned will exchange all such infor- mation as may be necessary with regard to the measures to fulfil the provisions of this memorandum of agreement. 7. That it is understood, that subject to the provisions of Article 8, the undertakings of each party to the present memorandum of agreement are conditional upon the fulfilment of the undertakings of every other party thereto. 8. That this memorandum of agreement is subject to ratification by the Governments concerned. The instruments of ratification shall be deposited not later than the 1st April, 1934,1 with the Government of the United States. It shall come into force as soon as the ratifica- tions of all the Governments concerned are received provided that all the ratifications are received before the 1st April, 1934. A notice by any Government that the affirmative action necessary to carry out the purposes of this agreement has been taken will be accepted as an instrument of ratification. Nevertheless, if one or more of the Governments enumerated in Article 2 fail to ratify by the 1st April, 1934, the agreement shall come into force at that date if the other Governments mentioned in Article 2 which have ratified notify the other Governments which ratify that they are prepared to pur- chase, or cause to be withdrawn, in the aggregate the amount of silver mentioned in Article 2. The Government of the United States is requested to take such steps as may be necessary for the purpose of the conclusion of this agreement. IN WITNESS WHEREOF the undersigned have signed the present memorandum of agreement. DONE at London this 22nd day of July, 1933, in a single copy which shall be deposited in the archives of the Government of the United States. S. M. BRUCE Delegate of Australia. EDGAR N. RHODES Delegate of Oanada. W. W. YEN Delegate of Ohina. KEY PITTMAN Delegate of V nited State8 of America. GEORGE SCHUSTER Delegate of bulla. EDUARDO SUAREZ Delegate of Meanco. F. TUDEL.:\ Delegate of Peru. L. NICOLAU D'OLWER Delegate of Spain. 1881