Page:United States Statutes at Large Volume 50 Part 2.djvu/657

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EL SALVADOR-RECIPROCAL TRADE-FEB . 19, 1937 restrictions shall be in effect from and after such time as is specified in the proclamation. The President may at any time terminate any such proclamation in whole or in part." WHEREAS I, Franklin D. Roosevelt, President of the United States of America, have found as a fact that certain existing duties and other import restrictions of the United States of America and the Republic of El Salvador are unduly burdening and restricting the foreign trade of the United States of America and that the purpose declared in the said Tariff Act of 1930, as amended by the said Act of June 12, 1934, will be promoted by a foreign trade agreement between the United States of America and the Republic of El Salvador; WHEREAS reasonable public notice of the intention to negotiate such foreign trade agreement was given and the views presented by persons interested in the negotiation of such agreement were received and considered; WHEREAS, after seeking and obtaining information and advice with respect thereto from the United States Tariff Commission, the De- partments of State, Agriculture, and Commerce, and from other sources, I entered into a foreign Trade Agreement on February 19, 1937, through my duly empowered Plenipotentiary, with the Presi- dent of the Republic of El Salvador, through his duly empowered Plenipotentiary, which Agreement, including two Schedules annexed thereto, in the English and Spanish languages, is in words and figures as follows: COMMERCIAL AGREEMENT CELEBRATED BETWEEN THE UNITED STATES OF AMERICA AND EL SALVADOR 1937. The President of the United States of America and the President of the Republic of El Salvador, desiring to strengthen the traditional bonds of friendship between the two countries by maintaining the principle of equality of treatment as the basis of commercial relations and by granting mutual and reciprocal advantages for the promotion of trade, have decided to conclude a trade agreement and for that purpose have appointed their Plenipotentiaries as follows: The President of the United States of America, Dr. Frank P. Cor- rigan, Envoy Extraordinary and Minister Plenipotentiary to the Republic of El Salvador; The President of the Republic of El Salvador, Dr. Miguel Angel Araujo, Secretary of State for Foreign Affairs. Who, after having exchanged their full powers, found to be in good and due form, have agreed upon the following Articles: ARTICLE I Articles the growth, produce or manufacture of the United States of America, enumerated and described in Schedule I annexed to this Agreement and made a part thereof, shall, on their importation into the Republic of El Salvador, be exempt from ordinary customs duties in excess of those set forth in the said Schedule. The said articles shall also be exempt from all other duties, taxes, fees, charges or exac- tions, imposed on or in connection with importation, in excess of those imposed on the day of the signature of this Agreement or required to be imposed thereafter under laws of the Republic of El Salvador in force on the day of the signature of this Agreement. Promotion of for. eign trade. 48 Stat. 943. 19U. . C. §1351. Notice given. Trade agreement entered into. Purposes declared. Plenlpotentiares. Enumerated im- ports into El Salva- dor. Post, p. 1571. No excess duties, etc. 1565