Page:United States Statutes at Large Volume 75.djvu/1050

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[75 Stat. 1010]
PUBLIC LAW 87-000—MMMM. DD, 1961
[75 Stat. 1010]

1010

72 Stat. c27. 73 Stat. c34. 74 Stat. c5.

Post, p. 1011.

PROCLAMATION 3387—DEC. 28, 1960

which proclamation has been amended by Proclamation No. 3225, of March 7, 1958, by Proclamation No. 3285, of April 21, 1959. and by Proclamation No. 3317. of September 24, 1959, invoked the right reserved in the notes to item 1108 in Part I of Schedule XX—Geneva 1947 and to item 1109(a) in Part I of Schedule X X — Torquay 1951 by increasing to not more than 45 per centum the ad valorem part of the rate applicable to any of the fabrics provided for in item 1108 or 1109(a) of Part I of Schedule XX—Geneva 1947 (including any of the fabrics provided for in item 1109(a) of Part I of Schedule XX—Torquay 1951) in excess of amounts, not greater than 5 per centum lOf the average annual production of similar fabrics in the United States during the three immediately preceding calendar years, to be notified by him to the Secretary of the Treasury for each year; 8. WHEREAS Article XXVIII of the General Agreement on Tariffs and Trade provides that a contracting party may, pursuant to procedures provided for therein, modify or withdraw concessions in its schedules to that Agreement; 9. WHEREAS the procedures of Article XXVIII of the General Agreement on Tarififs and Trade are being complied with to the extent necessary to permit the modification on January 1, 1961 of the concessions provided for in the items set forth in the third and sixth recitals of this proclamation so that such items may read as hereinafter proclaimed in Part I of this proclamation; 10. WHEREAS reasonable public notice of the intention to conduct the trade agreement renegotiations necessary to accomplish the modifications of the concession hereinafter proclaimed in Part I of the proclamation was given, the views presented by persons interested in such renegotiations were received and considered, and information and advice with respect to such renegotiations were

[75 STAT.