In this paper we report on a quantitative comparison between theoretical predictions and observations of the intensity of galactic cosmic rays near the interplanetary current sheet. In the present work, comparison of our model calculations is made with a statistical analysis of observations of galactic cosmic rays at the earth and the simultaneous position of the current sheet. Since the observations were made over a period of several years, the inclination of the current sheet varied considerably, and comparison with any one model calculation referring to a given inclination would not be appropriate. In this paper we report the expected values from our model, using an ensemble of different current sheet inclinations, in order to make the analysis of the computations approximate the method used to analyze the data. We find agreement between theory and observation at energies of the order of a few GeV.