Page:United States Statutes at Large Volume 52.djvu/1562

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PROCLAMATIONS MERCHANDISE IN BONDED WAREHOUSE BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION December 29, 1937 [No. 2265] WHEREAS section 318 of the Tariff Act of 1930 (46 Stat. 696; Merchandise in . S. C . title 19, sec. 1318) provides:bonded warehouse. U. S . C . title 19, sec. 1318) provides: Preamble. "Whenever the President shall by proclamation declare an emergency to exist by reason of a state of war, or otherwise, he may authorize the Secretary of the Treasury to extend during the continuance of such emergency the time herein prescribed for the performance of any act * * "; AND WHEREAS section 557 of the said act (46 Stat. 744; U. S . C . title 19, sec. 1557) provides: "Any merchandise subject to duty, with the exception of perishable articles and explosive substances other than fire- crackers, may be entered for warehousing and be deposited in a bonded warehouse at the expense and risk of the owner, importer, or consignee. Such merchandise may be withdrawn, at any time within three years (or ten months in the case of grain) from the date of importation, for consumption upon payment of the duties and charges accruing thereon at the rate of duty imposed by law upon such merchandise at the date of withdrawal

Provided, That the total period of time for which such merchan- dise may remain in bonded warehouse shall not exceed three years (or ten months in the case of grain) from the date of im- portation * *"; NOW, THEREFORE, I, Franklin D. Roosevelt, President of the United States of America, acting under and by virtue of the authority vested in me by the foregoing provision of section 318 of the Tariff Act of 1930, do by this proclamation declare an emergency to exist. And I do hereby authorize the Secretary of the Treasury, until further notice: (1) In the case of merchandise (except grain) imported during the calendar year 1934 and entered for warehousing under section 557 of the Tariff Act of 1930, to extend the warehousing period for not more than one year from and after the expiration of the three-year period prescribed in sections 557 and 559 of the Tariff Act of 1930, as ex- tended for one year under the authority of Proclamation No. 2214, dated December 29, 1936. (2) In the case of merchandise (except grain) imported during the calendar year 1935 and entered for warehousing under section 557 of the Tariff Act of 1930, to extend the warehousing period for not more than one year from and after the expiration of the three-year period prescribed in sections 557 and 559 of the Tariff Act of 1930. 15'7 Statutory provi- sions. 46 Stat. 696. 19U. S. C. 1318. 46 Stat. 744. 19 U. S.. . 1557. Emergency de- clared. Warehousing peri- ods further extended. Imports during cal- endar year !.34. 46 Stat. 744. 19U.S.C.§1557. 50 Stat. 1800 . Imports during cal- endar year 1935.