58 STAT.]
ICELAND-AID FOR DEFENSE-NOV. 21, 1941
Agreement between the United States of America and Iceland respecting
aidfor defense of Iceland. Signed at Washington November 21, 1941;
effective November 21, 1941. And related note.
Whereas the United States of America and the Government of
Iceland have agreed that in their mutual interests, the protection of
Iceland should be entrusted to the United States of America; and
Whereas the United States of America has agreed to further the
interests of Iceland in every way in its power, including that of
supplying Iceland with sufficient necessities and of securing necessary
shipping to and from that country and of making in other respects
favorable commercial and trade agreements with it; and
Whereas the President of the United States of America has deter-
mined, pursuant to the Act of the Congress of the United States of
March 11, 1941, that the defense of Iceland is vital to the defense
of the United States of America; and
Whereas the Government of the United States of America and the
Government of Iceland are mutually desirous of concluding an agree-
ment which will facilitate the procurement of such defense articles,
as defined in said Act, as the Government of Iceland may wish to
obtain from the United States of America; and
Whereas the making of such an agreement has been in all respects
duly authorized, and all acts, conditions and formalities which it may
have been necessary to perform, fulfill or execute prior to the making
of such agreement, in conformity with the laws either of the United
States of America or of Iceland have been performed, fulfilled or
executed, as required, the undersigned, being duly authorized for that
purpose, have agreed as follows:
AnTICLE I
The Government of the United States of America will procure for
the Government of Iceland through an agency of the United States of
America such defense articles as the Government of Iceland may wish
to purchase, in so far as the Government of the United States of
America and the Government of Iceland deem such procurement in
the best interests of both Governments. The Government of Iceland
will pay the Government of the United States of America for defense
articles procured for it in accordance with this agreement, prior to
the receipt of such articles, and will make such payments from time to
time as the President of the United States of America may require
to protect the interests of the United States of America; and, upon
payment of the full cost the President of the United States of America
November 21, 1941
[E. A. S. 429]
55 8tat. 31.
22 U. S. C., Supp.
III, §§ 411-419.
Procurement of de-
fense articles; piy-
ment.
1455
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