Page:United States Statutes at Large Volume 50 Part 2.djvu/823

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PROCLAMATIONS



Increasing Rate of Duty on Slide Fasteners

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

A PROCLAMATION

WHEREAS pursuant to section 336 of Title III, Part II, of the Tariff Act of 1930 (46 Stat. 590, 701), the United States Tariff Com- mission has investigated the differences in costs of production of, and all other facts and conditions enumerated in said section with respect to, slide fasteners and parts thereof, being wholly or in part the growth or product of the United States and of and with respect to like or similar articles wholly or in part the growth or product of the principal competing country; and WHEREAS in the course of said investigation a hearing was held, of which reasonable public notice was given and at which parties interested were given reasonable opportunity to be present, to produce evidence, and to be heard; and WHEREAS the Commission has reported to the President the results of said investigation and its findings with respect to such differences in costs of production; and WHEREAS the Commission has found it shown by the said investigation that the principal competing country is Japan, and that the duty expressly fixed by statute does not equalize the difference in the costs of production of the domestic articles and the like or similar foreign articles when produced in said principal competing country, and has specified in its report the increase in the rate of duty expressly fixed by statute found by the Commission to be shown by the said investigation to be necessary to equalize such difference; and WHEREAS in the judgment of the President such rate of duty is shown by the said investigation of the Tariff Commission to be necessary to equalize such difference in costs of production: NOW, THEREFORE, I, FRANKLIN D. ROOSEVELT, President of the United Stateof f America, under and by virtue of the authority vested in me by section 336 (c), Title III, Part II of the said Act do hereby approve and proclaim an increase in the rate of duty expressly fixed m Paragraph 397 of Title I of the said Act on slide fasteners and parts thereof, wholly or in chief value of copper, brass, nickel, zinc, or other base metal, but not plated with platinum, gold, or silver, or colored with gold lacquer, and not specially provided for, from 45 per centum ad valorem to 66 per centum ad valorem, the rate found to be shown by the said investigation to be necessary to equalize such difference in costs of production. July 1, 1936 [No. 2181] Tariff on slide faa teners, etc. Statutory authori- zation. 46 Stat. 701. 19 U. S. C. §1336. Increasing duty to equalize differences in costs of production. 46 Stat. 701. 46 Stat. 629. 19U.S. C. 1001.

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