Page:United States Statutes at Large Volume 100 Part 5.djvu/952

 100 STAT. 4426

PROCLAMATION 5458—APR. 11, 1986

The invention of the internal combustion engine created the principal market for the oil industry, which was also in its infancy a century ago. One hundred years later, thanks largely to vehicular consumption, the oil industry has become one of the largest and most important in our Nation and in the world. Today, according to industry estimates, more than threefourths of refined petroleum products are sold to power internal combustion engines, accounting for more than half the revenues of the major producers. Many of our major industries, such as steel, glass, rubber, and textiles, rely on the auto industry to buy a significant percentage of their output. It is estimated that at least one in five jobs in the United States depends, directly or indirectly, on the automobile industry. Although challenged in recent decades by strong foreign competition, the American automobile industry has made a dramatic comeback, improving quality and variety as it adjusts to the changing demands of the marketplace. Except for a brief setback during World War II, the American automobile market has never ceased to expand. Fifty years ago there were only 28.5 million cars on America's roads. Twenty years ago that number was approaching 95 million. Today it is about 175 million—more than one vehicle for every two Americans. The automobile has given Americans unprecedented mobility—linking farms, towns, cities in a way that was unthinkable before its advent. Indeed, the effects of the automotive age, which began a century ago, have so pervaded every aspect of our lives as to make the automobile a central symbol of twentieth-century civilization in America. The Congress, by Senate Joint Resolution 231, has designated the period commencing January 1, 1986, and ending December 31, 1986, as the "Centennial Year of the Gasoline Powered Automobile" and authorized and requested the President to issue a proclamation in observance of this event. NOW, THEREFORE, I, RONALD REAGAN, President of the United States of America, do hereby proclaim the year of 1986 as the Centennial Year of the Gasoline Powered Automobile, and I call upon the people of the United States to observe this year with appropriate programs and activities. IN WITNESS WHEREOF, I have hereunto set my hand this tenth day of April, in the year of our Lord nineteen hundred and eighty-six, and of the Independence of the United States of America the two hundred and tenth. RONALD REAGAN

Proclamation 5458 of April, 1986

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To Designate Aruba as a Beneficiary Country for Purposes of the Generalized System of Preferences and the Caribbean Basin Economic Recovery Act By the President of the United States of America .A Proclamation 1. Section 502 of the Trade Act of 1974, as amended (the Trade Act) (19 U.S.C. 2462), authorizes the President to designate the countries that will be beneficiary developing countries for purposes of the Generalized System of Preferences (GSP) pursuant to Title V of the Trade Act (19 U.S.C. 2461 et seq.]. Such countries are entitled to duty-free entry of eligible articles imported directly therefrom into the customs territory of the United States. Among the countries previously designated as a GSP beneficiary is the

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