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ARTICLE IV.

The decision of the Tribunal shall be made within two months from the close of the arguments on both sides, unless on the request of the Tribunal the Parties shall agree to extend the period. The decision shall be in writing.

The decision of the majority of the members of the Tribunal shall be the decision of the Tribunal.

The language in which the proceedings shall be conducted shall be English.

The decision shall be accepted as final and binding upon the two Governments.

Any amount granted by the award rendered shall bear interest at the rate of six per centum per annum from the date of the rendition of the decision until the date of payment.

ARTICLE V.

Each Government shall pay the expenses of the presentation and conduct of its case before the Tribunal; all other expenses which by their nature are a charge on both Governments, including the honorarium for each arbitrator, shall be borne by the two Governments in equal moieties.

ARTICLE VI.

This Special Agreement shall be ratified in accordance with the constitutional forms of the contracting parties and shall take effect immediately upon the exchange of ratifications, which shall take place as soon as possible at Washington.

IN WITNESS WHEREOF, the respective plenipotentiaries have signed this Special Agreement and have hereunto affixed their seals. Done in duplicate at Washington this 30th day of June, 1921.

[SEAL.] [SEAL.]

CHARLES E. HUGHES
HELMER H BRYN

And whereas the said Special Agreement has been duly ratified on both parts, and the ratifications of the two Governments were exchanged in the City of Washington on the twenty-second day of August, one thousand nine hundred and twenty-one.

Now, therefore be it known that I, Warren G Harding, President of the United States of America, have caused the said Special Agreement to be made public, to the end that the same and every article and clause thereof may be observed and fulfilled with good faith by the United States and the citizens thereof.

In testimony whereof, I have hereunto set my hand and caused the Seal of the United States to be affixed.

[SEAL.]

Done in the District of Columbia this twenty-fourth day of August in the year of our Lord one thousand nine hundred and twenty-one, and of the Independence of the United States of America the one hundred and forty-sixth. WARREN G HARDING

By the President:

CHARLES E. HUGHES

Secretary of State.

OCT 3134

U.S. Treaties etc.

TREATY SERIES, No. 655

TREATY AND PROTOCOL

BETWEEN

THE UNITED STATES AND SIAM

REVISING TREATIES HITHERTO EXISTING

SIGNED AT WASHINGTON, DECEMBER 16, 1920

RATIFICATION ADVISED BY THE SENATE, APRIL 27, 1921

RATIFIED BY THE PRESIDENT, MAY 6, 1921

RATIFIED BY SIAM, APRIL 29, 1921

RATIFICATIONS EXCHANGED AT BANGKOK SEPTEMBER 1, 1921
PROCLAIMED, OCTOBER 12, 1921

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BY THE PRESIDENT OF THE UNITED STATES OF AMERICA.

A PROCLAMATION.

Whereas a Treaty between the United States and Siam, providing for the revision of the treaties theretofore existing between the two countries, and the protocol annexed to the said treaty and made a part thereof, were concluded and signed by their respective Plenipotentiaries at Washington, on the sixteenth day of December, one thousand nine hundred and twenty the originals of which Treaty and protocol, being in the English language, are word for word as follows:

The President of the United States of America and His Majesty the King of Siam being desirous of strengthening the relations of amity and good understanding which happily exist between the two States, and being convinced that this cannot be better accomplished than by revising the treaties hitherto existing between the two countries, have resolved to complete such revision, based upon the principles of equity and mutual benefit, and for that purpose have named as their Plenipotentiaries, that is to say:

The President of the United States of America: Norman H. Davis, Acting Secretary of State of the United States,

His Majesty the King of Siam: Phya Prabha Karavongse, Envoy Extraordinary and Minister Plenipotentiary of Siam to the United States;

Who, after having communicated to each other their respective full powers, found to be in good and due form, have agreed upon the following articles:

ARTICLE I

There shall be constant peace and perpetual friendship between the United States of America and the Kingdom of Siam. The citizens or subjects of each of the High Contracting Parties shall have liberty to enter, travel and reside in the territories of the other, to carry on trade, wholesale and retail, to engage in religious, educational and charitable work, to own or lease and occupy houses, manufactories, warehouses and shops, to employ agents of their choice, to lease land for residential, commercial, religious and charitable purposes and for use as cemeteries, and generally to do anything incident to or necessary for trade upon the same terms as native citizens or subjects, submitting themselves to the laws and regulations there established.

They shall not be compelled under any pretext whatever, to pay any internal charges or taxes other or higher than those that are or may be paid by native citizens or subjects.

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