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Exchange of Notes between Canada and the United States of America constituting an agreement terminating the Supplementary Agreement of 13 December 1940 amending with regard to fox furs and skins the Agreement of 17 November 1938 relating to reciprocal trade [1947] CATSer 3 (1 May 1947)

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EXCHANGE OF NOTES BETWEEN CANADA AND THE UNITED STATES OF AMERICA CONSTITUTING AN AGREEMENT TERMINATING THE SUPPLEMENTARY AGREEMENT OF 13 DECEMBER 1940 AMENDING WITH REGARD TO FOX FURS AND SKINS THE AGREEMENT OF 17 NOVEMBER 1938 RELATING TO RECIPROCAL TRADE

I

The Acting Secretary of State to the Canadian Ambassador

DEPARTMENT OF STATE

WASHINGTON, March 18, 1947

His Excellency Hume Wrong
Ambassador of Canada

Excellency:

I have the honor to refer to the supplementary trade agreement between the United States of America and Canada with respect to fox furs and skins signed December 13, 1940 and effective December 20, 1940, under which a quantitative restriction was imposed on imports of certain fox furs and skins into the United States and the rate of import duty was fixed at 35 percent ad valorem. That agreement was negotiated in the light of the emergency existing at that time with respect to marketing of silver or black fox furs and skins. Article VI thereof contains provisions looking toward the termination of the agreement in the event that the emergency conditions which had given rise to it should disappear.

Since in the opinion of the Government of the United States of America the emergency conditions referred to above no longer exist, it is considered desirable to terminate the agreement relating to fox furs and skins in accordance with its terms. This note is, therefore, to record the understanding of our two Governments. reached during the recent conversations on the subject, that the agreement of December 13, 1940 relating to fox furs and skins shall be terminated in whole on May 1, 1947. Such termination will result in removing the quantitative limitations on imports into the United States of silver or black fox furs and skins and the parts thereof and articles made therefrom, and of certain silver or black foxes, and in restoring to 37 % percent ad valorem the import duty on silver or black fox furs or skins provided for in item 1519 (c) of Schedule II of the trade agreement between the United States and Canada signed on November 17, 1938.

Accept, Excellency, the renewed assurances of my highest consideration.

Dean Acheson

Acting Secretary of State

II

The Canadian Ambassador to the Acting Secretary of State

CANADIAN EMBASSY

WASHINGTON, D. C., March 18, 1947

No. 80

The Honourable George C. Marshall
Secretary of State
Washington, D.C.

Sir,

I have the honour to acknowledge the receipt of your note of today's date, and to confirm the understanding set forth therein regarding the agreement between our two Governments to terminate the supplementary trade agreement relating to fox furs and skins, signed December 13th, 1940.

Accept, Sir, the renewed assurances of my highest consideration.

H. H. Wrong