838.51 Cooperation Program/20
The Secretary of State to the Haitian Minister (Dennis)
Sir: I have the honor to acknowledge the receipt of your note of August 26, 194155 relating to the contract between the Société Haitiano-Américaine de Développement Agricole56 and the Export-Import Bank of Washington, in the District of Columbia, signed August 15, 1941 and referring to the policy of the Government of the Republic of Haiti with respect to the ownership or right to acquire the stock of the Société Haitiano-Américaine de Développement Agricole, in which you confirm your Government’s understanding of the arrangement in the following terms:
The Government of the Republic of Haiti undertakes that the ownership of the stock of the aforesaid corporation or the right to acquire such stock or to obtain control of the Société Haitiano-Américaine de Développement Agricole and of its operations, shall be reserved to the Governments of the United States and of the Republic of Haiti, or to their duly authorized agents, except upon agreement to the contrary between the two Governments.
Your statement represents my understanding of the arrangement and is satisfactory to the Government of the United States of America.
Accept [etc.]