Page:United States Statutes at Large Volume 47 Part 2.djvu/932

 2530 .~ugust 19. 11132. PROCLAMATIONS, 1932. pound to 20 per centum ad valorem and 2~ cents per pound, the rates of duty found to be shown by said investigation to be necessary to equalize such differences in costs of production. IN WITNESS WHEREOF, I have hereunto set my hand and cau'38d the seal of the United States to be affixed. DONE at the City of Washington this nineteenth day of August, in the year of our Lord nineteen hundred and thirty-two, and [SEAL] of the Independence of the United States of America the one hundred and fifty-seventh. HERBERT HOOVER By the President: W. R. CASTLE, Jr Acting Secretary oj State. [No. 2007] DECREASING RATE OF DUTY ON SHEEPSWOOL SPONGES BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION spo~.on sheeps""ool WHEREAS under and by virtue of section 336 of Title III, Part II, Pnlamble. . of the act of Con~ess approved June 17, 1930 (46 Stat. 590, 701), ti!~tutory authom&- entitled "AN ACT To provide revenue, to ree;ulate commerce with Vol. 46, p.701 . foreign countries, to encourago the industries of the United States, to ~rotect 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 wit.h respect to, sponges, 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 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; WHEREAS the commission has 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 Cuba, 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 produeed in said principal competing country, and has specified in its report the decrease in the rate of duty expressly fixed by statute found by the commission to be shown by sa.id investigation 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 of production; eq~=TarmstroBot (talk) ~ Now, THEREFORE, I, HERBERT HOOVER, PreSIdent of the United COIIU of production. States of America, do hereby approve and proclaim a decrease in the VoL 46, p. GIIII. rate of duty expressl~ fixed in paragraph 1545 of Title I of said act on sponges, commerClally known as sheepswool, from 30 per centum ad valorem to 22~'per centum ad valorem, the rate found to be shown by said investigatIOn to be necessary to equalize such difference in costs of production.