6 the Act of Congress approved February 28, 1923, and as further amended by the Act of Congress approved January 21, 1925, all on the day and the year first above written. , No. The Kingdom of Rumania, hereinafter called Rumania, for value received, promises to pay to the Government of the United States of America, herinafter called the United States, or order, on June 15, 19 the sum of Dollars ($ ). This bond is payable in gold coin of the United States of America of the present standard of value, or, at the option of Rumania, upon not less than thirty days' advance notice to the United States, in any obligations of the United States issued after April 6, 1917, to be taken at par and accrued interest to the date of payment hereunder. This bond is payable without deduction for, and is exempt from, any and all taxes and other public dues, present or future, imposed by or under authority of Rumania or any political or local taxing authority within Rumania, whenever, so long as, and to the extent that, beneficial ownership is in (a) the Government of the United States, (b) a person, firm, or association neither domiciled nor ordinarily resident in Rumania, or (c) a corporation not organized under the laws of Rumania. This bond is payable at the Treasury of the United States in Washington, D.C., or at the option of the Secretary of the Treasury of the United States at the Federal Reserve Bank of New York. This bond is issued pursuant to the provisions of paragraph 2 of an Agreement dated December 4, 1925, between Rumania and the United States, to which Agreement this bond is subject and to which reference is hereby made. IN WITNESS WHEREOF, Rumania has caused this bond to be executed in its behalf by its at the City of Washington, District of Columbia, thereunto duly authorized, as of June 15, 1925. THE KINGDOM OF RUMANIA * 42 Stat. 1325. 43 Stat. 763. By EXHIBIT B (Form of Bond) THE KINGDOM OF RUMANIA No. The Kingdom of Rumania, hereinafter called Rumania, for value received, promises to pay to the Government of the United States of America, hereinafter called the United States, or order, on June 15, 19 the sum of Dollars ($ ), and to pay interest upon said principal sum from June 15, 1939, at the rate of 32% per annum, payable semiannually on the 15th day of December and June in each year, until the principal hereof has been paid. This bond is payable as to both principal and interest in gold coin of the United States of America of the present standard of value, or, at the option of Rumania, upon not less than thirty days' advance notice to the United States, in any obligations of the United States issued after April 6, 1917, to be taken at par and accrued interest to the date of payment hereunder. This bond is payable as to both principal and interest without deduction for, and is exempt from, any and all taxes and other public dues, present or future, imposed by or under authority of Rumania or any political or local taxing authority within the Kingdom of Rumania, whenever, so long as, and to the extent that, beneficial ownership is in (a) the Government of the United States, (b) a person, firm, or association neither domiciled nor ordinarily resident in Rumania, or (c) a corporation not organized under the laws of Rumania. This bond is payable as to both principal and interest at the Treasury of the United States in Washington, D.C., or at the option of the Secretary of the Treasury of the United States at the Federal Reserve Bank of New York. This bond is issued pursuant to the provisions of paragraph 2 of an Agreement dated December 4, 1925, between Rumania and the United States, to which Agreement this bond is subject and to which reference is hereby made. IN WITNESS WHEREOF, Rumania has caused this bond to be executed in its behalf by its at the City of Washington, District of Columbia, thereunto duly authorized, as of June 15, 1925. THE KINGDOM OF RUMANIA By I have the honor to make the following statement of my understanding of the agreement reached through recent conversations held at Bucharest on behalf of the Government of the United States and the Government of Rumania with reference to the treatment which the United States shall accord to the commerce of Rumania and which Rumania shall accord to the commerce of the United States. These conversations have disclosed a mutual understanding between the two Governments which is that in respect of import and export duties and other duties and charges affecting commerce, as well as in respect of transit, warehousing and other facilities, and the treatment of commercial travelers' samples, the United States will accord to Rumania, and Rumania will accord to the United States, its territories and possessions, unconditional mostfavored-nation treatment; and that in the matter of licensing or prohibitions of imports and exports, each country, so far as it at any time maintains such a system, will accord to the commerce of the other treatment as favorable, with respect to commodities, valuations and quantities, as may be accorded to the commerce of any other country. It is understood that No higher or other duties shall be imposed on the importation into or disposition in the United States, its territories or possessions, of any articles the 1 Pursuant to notice of termination given by Romania June 30, 1930. (Romania gave notice of termination Nov. 29, 1929, but in notes dated Feb. 24, Apr. 17, and June 30, 1930, asked for continuation first until May 1, then until July 1, and finally until Sept. 1, 1930.) produce or manufacture of Rumania than are or shall be payable on like articles the produce or manufacture of any foreign country; No higher or other duties shall be imposed on the importation into or disposition in Rumania of any articles the produce or manufacture of the United States, its territories or possessions, than are or shall be payable on like articles the produce or manufacture of any foreign country; Similarly, no higher or other duties shall be imposed in the United States, its territories or possessions, or in Rumania, on the exportation of any articles to the other or to any territory or possession of the other, than are payable on the exportation of like articles to any foreign country; Every concession with respect to any duty, charge or regulation affecting commerce now accorded or that may hereafter be accorded by the United States or by Rumania, by law, proclamation, decree or commercial treaty or agreement, to the products of any third country will become immediately applicable without request and without compensation to the commerce of Rumania and of the United States and its territories and possessions, respectively; Provided that this understanding does not relate to (1) The treatment which the United States accords or may hereafter accord to the commerce of Cuba or any of the territories or possessions of the United States or the Panama Canal Zone, or to the treatment which is or may hereafter be accorded to the commerce of the United States with any of its territories or possessions or to the commerce of its territories or possessions with one another. (2) Prohibitions or restrictions of a sanitary character or designed to protect human, animal or plant life or regulations for the enforcement of police or revenue laws. The present arrangement shall become operative on the day of signature, and, unless sooner terminated by mutual agreement, shall continue in force until thirty days after notice of its termination shall have been given by either party; but should either party be prevented by future action of its legislature from carrying out the terms of this arrangement, the obligations thereof shall thereupon lapse. I shall be glad to have your confirmation of the accord thus reached. Accept, Sir, the renewed assurances of my highest consideration. His Excellency MR. I. G. DUCA W. S. CULBERTSON Minister for Foreign Affairs, Bucharest I have the honor to send you the following statement concerning the agreement reached through recent conversations held at Bucharest on behalf of the Government of the United States and the Government of Rumania with reference to the treatment which the United States shall accord to the commerce of Rumania and which Rumania shall accord to the commerce of the United States. [For text of understanding, see U.S. note, above.] I shall be glad to have your confirmation of the accord thus reached. Accept, Sir, the renewed assurances of my highest consideration. His Excellency I. G. DUCA Monsieur WILLIAM SMITH CULBERTSON Envoy Extraordinary and Minister Plenipotentiary 308-582-73-28 Minister |