Page:United States Statutes at Large Volume 62 Part 2.djvu/942

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2226 Measures for practi- cal use of resources. Post, p. 2235. Development of pro- duction. Maintenance of fi- nancial stability. Post, p. 2235. Stimulationoftrade. Utilization of man- power. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. a) To adopt or maintain the measures necessary to ensure efficient and practical use of all the resources available to it, in- cluding 1) Such measures as may be necessary to ensure that the commodities and services obtained with assistance furnished under this Agreement are used for purposes consistent with this Agreement and, as far as practicable, with the general pur- poses outlined in the schedules furnished by the Government of France in support of the requirements of assistance to be furnished by the Government of the United States of America; 2) The observation and review of the use of such resources through an effective follow-up system approved by the Organi- zation for European Economic Cooperation; and 3) To the extent practicable, measures to locate, identify and put into appropriate use in furtherance of the joint pro- gram for European recovery assets, and earnings therefrom, which belong to nationals of France and which are situated within the United States of America, its territories or posses- sions. Nothing in this clause imposes any obligation on the Government of the United States of America to assist in carry- ing out such measures or on the Government of France to dis- pose of such assets. b) To promote the development of industrial and agricultural production on a sound economic basis; to achieve such production targets as may be established through the Organization for European Economic Cooperation; and when desired by the Government of the United States of America to communicate to that Government detailed proposals for specific projects contemplated by the Govern- ment of France to be undertaken in substantial part with assistance made available pursuant to this Agreement, including whenever practicable projects for increased production of coal, steel, transpor- tation facilities and food; c) To stabilize its currency, establish or maintain a valid rate of exchange, balance its governmental budget as soon as practicable, create or maintain internal financial stability, and generally restore or maintain confidence in its monetary system; and d) To cooperate with other participating countries in facilitat- ing and stimulating an increasing interchange of goods and services among the participating countries and with other countries and in reducing public and private barriers to trade among themselves and with other countries. 2. Taking into account Article 8 of the Convention for European Economic Cooperation [] looking toward the full and effective use of manpower available in the participating countries, the Government of France will accord sympathetic consideration to proposals made in conjunction with the International Refugee Organization directed to the largest practicable utilization of manpower available in any of the ' Department of State publication 3145, p. 14 .