61 STArT. FRANCE-MUTUAL AID SETTLEMENT-MAY 28, 1946 Questions in Continental France" signed in London on August 25. 1944. Memorandum of Agreement between the Supreme Commander of the Allied Expeditionary Force and the military delegate ap- pointed under the Ordinance of 14 March 1944 of the French Com- mittee of National Liberation, drawn under Article 18 of Memo- randum No. 1 concerning the observation by the Allied Forces of the French regulations concerning the exchange of currency and the export of capital and other matters, signed in London on Au- gust 25, 19-4. Memorandum of Agreement between the French Financial At- tache in London and Supreme Headquarters, Allied Expeditionary Force, relating to mutilated currency. Letter of August 20, 1945, from Headquarters USFET to M. Brunet, Director of the Treasury in the French Ministry of Finance, regarding the vesting directly in the United States Armed Forces of the benefits of certain financial arrangements formerly held by SHAEF. Reference is made to current conversations between the United States Treasury Representative in France and representatives of the French Government regarding the conversion and redemption of franc currency found among the personal effects of deceased personnel of the United States Armed Forces. It is now deemed desirable to amend, in certain respects, some of the terms of the aforementioned agreements. The following amendatory provisions, which shall take effect as indicated below, are hereby agreed upon: 1. (a) All French francs held by the United States Armed Forces on December 26, 1945, and accounted for to the Bank of France, will be purchased at the rate of 118.959107 francs to the dollar. (b) All French francs required by the United States Armed Forces for use in Continental France including Corsica and in French Overseas Territories, in addition to those purchased on December 26, 1945, will be purchased from the French authorities against payment of their countervalue in United States dollars. (c) The United States Armed Forces may accept francs from, and shall accept francs from none other than, members of the United States Armed Forces, quasi-official organizations, agencies and per- sonnel in and under the military establishment. The United States Armed Forces shall take all practical measures to avoid the acquisition of francs derived from non-official channels. 2. The francs acquired by the United States Armed Forces may be used only for: (a) the pay, exchange of funds, and encashment of dollar instruments authorized by the United States Armed Forces, of troops and personnel in and under the military establishments, and (b) procurement of goods and services. Such francs will be tendered and accepted at the same rate at which acquired, for each dollar of local 4207 · Amendatory provi- sions. Purchase of French francs. Use of francs ao- redbyU. S.Armne rore
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