Page:United States Statutes at Large Volume 47 Part 2.djvu/920

 2318 June 18, 1932. PROCLAMATIONS, 1932. IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the United States to be affixed. DO~E at the city of Washington this 11 th day of June, in the year of our Lord nineteen hundred and thirty-two, and of the [SEAL] Independence of the United States of America the one hundred and fifty-sixth. By the President: HENRY L STIMSON Secretary oj State. HERBERT HOOVER [No. 2001] DECREASING RATE OF DUTY ON ALSIMIN, FERROSILICON ALUMINUM, AND FERROALUMINUM SILICON BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION fe;:~A7cou~i:~: WHEREAS under and by virtue of section 336 of Title III, Part II, of andferroaluminumsili· the act of Congress approved June 17, 1930 (46 Stat. 590, 701), co~i-eamble. entitled "AN ACT To provide revenue, to regulate commerce with tio~tatutory authoriza- foreign countries, to encourage the industries of the Unit..e<l States, to Vol. 46, p. 701. protect American labor, and for other purposes," the United States Tariff Commission has investigated the differences in costs of produc- tion of, and all other facts and conditions enumerated in said section with respect to, silicon aluminum, aluminum silicon, aIsimin, ferro- silicon aluminum, and ferro aluminum silicon, 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; WHEREAS in the course of said investi~ation 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; WHEREAS the commission bas reported to the President the results of said investigation and its findings with respect to such differences in costs of production; WHEREAS the commission has found it shown by said investigation that the principal competing country is Switzerland, and that the duties expressly fixed by statute do 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 comfeting country, and has specified in its report the decrease in the rate 0 duty expressly fIxed by statute found by the commission to be shown by said investi- gation to be necessary to equalize such difference; and WHEREAS in the Judgment of the President such rate of duty is shown by such investigation of the Tariff Commission to be necessary to equalize such difference in costs oJproduction; Ch~nges.in rate5 !-O N ow THEREFORE I HERBERT HOOVER President of the United equalIze dI1l'cre!lce ID , ." '. • costs of production. States of AmerIca, do hereby approve and prochun a decrease ill the Vol. 46, p. 610. rate of duty expressly fixed in paragraph 302 (j) of Title I of said act on alsimin, ferrosilicon aluminum, and ferro aluminum silicon, all the foregoing containing 20 but not more than 52 per centum of aluminum, and having silicon and iron as the other principal component elements, from 5 cents per pound to 2% cents per pound! the rate found to b€. shown by said investigation to be necessary (WIthin the limit of total decrease provided for in said act) to equalize such difference in costs of production.