Page:United States Statutes at Large Volume 67.djvu/922

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C8

65 Stat. ci4.

PROCLAMATIONS—AUG. 16, 1952

tions of the President to the Secretary of the Treasury, including a notification dated October 2, 1951, (3 CFR, 1951 SUPP., 540; T D 52836); 2. WHEREAS, as set forth in the 7th recital of the said Proclamation No. 2929, and in accordance with paragraph 3 of the said Torquay Protocol, Schedule X X contained in Annex A of the said Protocol (hereinafter referred to as the "Torquay schedule") became a schedule to the General Agreement on Tariffs and Trade relating to the United States of America on June 6, 1951; 3. WHEREAS item 740 in Part I of the Torquay schedule reads as follows: Tariff Act of 1930, paragraph

740 65 Stat. cH.

65 Stat. 74. 19 USC 1364.

t^ulcmi

[67 STAT.

Description of Products

Figs, fresh, dried, or in brine

Rate of duty

2}^^ per lb.

4 WHEREAS, pursuant to the said Proclamation No. 2929 and the said notification of the President to the Secretary of the Treasury of October 2, 1951, duty at the rate of 2)^ cents per pound has been applied to the products described in the said item 740, entered, or withdrawn from warehouse, for consumption since October 17, 1951, which duty reflects the prevailing United States concession with respect to such products under the said General Agreement on Tariffs and Trade as supplemented by the said Torquay schedule; 5. WHEREAS the United States Tariff Commission has submitted to me its report of investigation and hearing under section 7 of the Trade Agreements Extension Act of 1951 (Public Law 50, g2(i Congress, approved June 16, 1951), on the basis of which investigation and hearing it has found that dried figs described in the said item 740 are, as a result in part of the duty reflecting the concession granted thereon in the said General Agreement on Tariffs and Trade as supplemented by the Torquay schedule, being imported into the United States in such increased quantities, both actual and relative, as to cause serious injury to the domestic industry producing like or directly competitive products, and as to threaten continuance of such injury; 6. WHEREAS the said Tariff Commission has recommended that the concession granted in the said General Agreement as supplemented by the Torquay schedule with respect to dried figs described in the said item 740 be modified to permit the application to such products of a rate of duty of Aji cents per pound, which rate the Commission found and reported to be necessary to prevent the continuance of serious injury to the domestic industry producing like or directly competitive products; 7. WHEREAS section 350(a)(2) of the Tariff Act of 1930, as amended, authorizes the President to proclaim such modifications of existing duties as are required or appropriate to carry out any foreign trade agreeme'ht that the President has entered into under the said section 350(a); and