Page:United States Statutes at Large Volume 46 Part 2.djvu/1392

 2998 PROCLAMATIONS, 1929. tries of the United States, and for other purposes," it is, among other thingsLProvided that whenever the President, upon investigation of the differences in cost of production of articles wholly or in part the growth or product of the United States and of like or similar articles wholly or m part the growth or product of competing forei~ coun- tries, sha.ll find it thereJ?y shown that the duties fixed in this act do not equalize the said differences in costs of production in the United States and the principal competing country he shall, by such investi- gation, ascertain said differences and determine and proclaim the chan~es in classifications or increases or decreases in rates of duty proVIded in said act shown by said ascertained differences ir. such costs of production necessary to equalize the same; Vol. 42, p.1K2. Whereas in and by section 315 (c) of said act it is further provided that in ascertaining the differences in costs of production, under the provisions of subdivisions (a) and (b) of said section, the President, m so far as he finds it practicable, shq}} take into consideration (1) the differences in conditions in production; including wages, costs of material, and other items in costs of production of such or similar articles in the United States and in competing foreign countries; (2) the differences in the wholesale selling p!ices of domestic and foreign articles in the principal markets of the United States; (3) advantages granted to a foreign producer by a foreign government, or by a person, partnership, corporation, or association in a foreign country; and (4) any other advantages or disadvantages in competition; Whereas, under and by virtue of said section of said act, the United States Tariff Commission has made an investigation to assist the President in ascertaining the differences in costs of production of and of all other facts and conditions enumerated in said sectiun with Vol. 42, 1 .89li. respect to the article described in paragraph 760 of Title I of said tariff act of 1922, namely, flaxseed, being wholly or in part the growth or product of the United States, and of and with respect to a like or similar article wholly or in part the growth or product of competing foreign countries; Whereas in the course of said investigation a hearing was held, of which reasonable public notice was given and at which parties in- terested were given reasonable opportunity to be present, to produce evidence, and to be heard; And whereas the President upon said investigation of said differ- ences in costs of production of the said article wholly or in part the growth or product of the United States and of the like or similar article wholly or in part the growth or product of competing foreign countries, has thereby found that the principal competing country is ~entina and that the duty fixed in said title and act does not equalize the differences in costs of production in the United States and in said principal competing country, namely, Argentina, and has ascertained and determined the increased rate of duty necessary to equalize the same. IncreasIng duty on Now, therefore, I, Herbert Hoover, President of the United States ~= TarmstroBot (talk)'fp~:!: of America, do hereby determine and proclaim that the increase in dnctlon. the rate of duty provided in said act shown by said ascertained differences in said costs of production necessary to equalize the same is as follows: Rate. An increase in said duty on flaxseed from. 40 cents per bushel of fifty-six pounds to 56 cents per bushel of fifty-six pounds. In witness whereof, I have hereunto set my hand and caused the seal of the United States to be affixed.