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United States Department of State / Foreign relations of the United States diplomatic papers, 1937. The British Commonwealth, Europe, Near East and Africa

Liberia,   pp. 785-857 PDF (27.0 MB)

Page 797

appoint one of its nationals as one of the arbitrators, and the two
High Contracting Parties together shall select as chairman a national
of a third State. Should the High Contracting Parties fail to agree
upon the selection of the chairman within four months after the
request for settlement by arbitration has been received they shall
together request the President of the Administrative Council of the
Permanent Court of Arbitration at the Hague to appoint a chairman
of a neutral nationality.
  The High Contracting Parties reserve to themselves the right to
come to an agreement from the outset and for a definite period as
to whom shall be the chairman.
  Note.--Article XXVI in the original draft should be numbered
article XXVII.
  Article XXVII Ratification of the present Treaty shall be ex-
changed at Monrovia.
  Respectfully yours,                          LESTER A. WALTON
    The Secretary of State to the Minister in Liberia (Walton)
No. 56                             WASHINGTON, October 16, 1937.
  SnI: With reference to the Department's instruction no. 43 of June
22, 1937, transmitting a draft treaty of friendship, commerce and
navigation between the United States and Liberia, your attention is
again invited to Article XIX which contains the statement that the
article regarding the development of mineral resources would be
supplied later.
  The Department requests you to propose the following article on
mineral resources to be included in the treaty now in course of
  "The nationals, including corporations and associations, of either
High Contracting Party shall enjoy in the territories of the other
Party, upon compliance with the conditions there imposed, most
favored nation treatment in respect of the exploration for and exploi-
tation of mineral resources; provided that neither Party shall be re-
quired to grant rights and privileges in respect of the mining of coal,
phosphate, oil, oil shale, gas and sodium on the public domain, or in
respect of the ownership of stock in domestic corporations engaged
in such operations, greater than its nationals, corporations and associ-
ations receive from the other Party.
  "It is understood, however, that neither High Contracting Party
shall be required by anything in this paragraph to grant any applica-
tion for any such right or privilege if at the time such application is
presented the granting of all similar applications shall have been
suspended or discontinued."
  Very truly yours,                   For the Secretary of State:
                                                FRANCIS B. Sxym

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