3874 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. Fifty-seven Thousand Seven Hundred and Ten (S/.557,710.00) Peruvian Soles, as follows: No later than June 4, 1944, the sum of $28,666.68 or S/.185,903.34 No later than April 3, 1945, the sum of $28,666.66 or S/.185,903.33 No later than April 3, 1946, the sum of $28,666.66 or S/.185,903.33 It is understood that the salary which is received by the professor who is in charge of organizing and supervising the teaching of English in Peru may be deducted from the contribution which the Government of Peru shall make available in conformity with this agreement. The funds of the S.C.P .N .E. shall be deposited in a special account in the name of the S.C .P.N.E. and shall be disbursed by the Director of the S.C .P.N .E . only upon projects having the mutual approval of the Minister of Public Education and the Representative in Perd of the Inter-American Educational Foundation, Inc. The Government of Perd will also furnish such office space, office equipment and furnishings, and supplies and materials as may be necessary, and, within the facilities available to it, will construct such buildings as the execution of the cooperative educational program may require. 8. In view of the fact that many purchases of materials and supplies must necessarily be made in the United States of America and paid for in Dollars, the Minister of Public Education and the Representa- tive in Perd of the Inter-American Educational Foundation, Inc. may agree to withhold from the deposits to be made by the Founda- tion, as hereinabove provided, an amount established to be necessary to pay for the same. Any funds so withheld by the Foundation for such purposes and not expended on or obligated for materials or supplies for the S.C.P.N .E. shall be deposited to the account of the S.C.P.N.E. 9. Interest, if any, earned on the deposits of the S.C.P .N .E. shall be credited to the said Servicio. The parties hereto shall deter- mine by mutual agreement the disposition of any unobligated funds remaining to the credit of the S.C.P.N .E. upon the termination of this agreement. 10. The Director of the S.C.P .N.E . shall have the power to select, appoint or discharge the employees of the S.C.P.N .E . and shall deter- mine the salaries, transfers and conditions of employment within the S.C .P .N .E . with the approval of the Ministry of Public Education which will issue in each case the corresponding Supreme Resolution. 11. Contracts and agreements relating to the execution of projects previously agreed upon by the Minister of Public Education and the Representative in Peru of the Inter-American Educational Founda- tion, Inc. shall be executed in the name of the S.C .P.N .E. by the Director of the same. 12. The S.C.P .N.E. shall be considered as an integral part of the public administration of Perd. As a consequence, its Director and its personnel shall enjoy the same privileges and rights which are held
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