Page:United States Statutes at Large Volume 48 Part 1.djvu/485

 73d C ONGRESS. SESS. II. CH. 84. MARCH 24, 1934 . upon issue a proclamation announcing the results of the election, and upon the issuance of such proclamation by the President the existing Philippine government shall terminate and the new govern- ment shall enter upon its rights, privileges, powers, and duties, as provided und er the consti tution. The present government of the Philippine Islands shall provide for the orderly transfer of the functions of government. If a majority of the votes cast are against the constitution, the existing government of the Philippine Islands shall continue with- out regard to the provisions of this Act. TRANSFER OF PROPERTY AND RIGHTS TO PHILIPPINE COMMONWEALTH SEC. 5 . All the property and rights which may have been acquired in the Philippine Islands by the United States under the treaties mentioned in the first section of this Act, except such land or other property as has heretofore been designated by the President of the United State s for Militar y and other r eservations of the Govern- ment of the United States, and except such land or other property or rights or interests therein as may have been sold or otherwise disposed of in accordance with law, are hereby granted to the gover nment of the Comm onweal th of the Ph ilipp ine Is lands when constituted. RELATIONS WITH THE UNITED STATES PENDING COMPLETE INDEPENDENCE SEC. 6 . After the date of the inauguration of the government of the Commonwealth of the Philippine Islands trade relations between the United States and the Philippine Islands shall be as now pro- vided by law, subject to the following exceptions : (a) There shall be levied, collected, and paid on all refined sugars in excess of fifty thousand long tons, and on unrefined sugars in excess of eight hundred thousand long tons, coming into the United States front the Philippine Islands in any calendar year, the same rates of duty which are required by the laws of the United States to be levied, collected, and paid upon like articles imported from fore ign coun trie s. (b) There shall be levied, collected, and paid on all coconut oil coming into the United States from the Philippine Islands in any calendar year in excess of two hundred thousand long tons, the same rates of duty which are required by the laws of the United States to be levi ed, col lected, and p aid upo n like articl es impo rted fr om for eign countries. (c) There shall be levied, collected, and paid on all yarn, twine, cord, cordage, rope and cable, tarred or untarred, wholly or in chief value of manila (abaca) or other hard fibers, coming into the United States from the Philippine Islands in any calendar year in excess of a collective total of three million pounds of all such articles herein- before enumerated, the same rates of duty which are required by the laws of the United States to be levied, collected, and paid upon like articles imported from foreign countries. (d) In the event that in any year the limit in the case of any article which may be exported to the United States free of duty shall be reached by the Philippine Islands, the amount or quantity of such articles produced or m anufactured i n the Philippi ne Islands thereafter that may be so exported to the United States free of duty shall be allocated, under export permits issued by the government of the Commonwealth of the Philippine Islands, to the producers or manufacturers of such articles proportionately on the basis of their exportation to the United States in the preceding year ; except that 459 New gove rnment to enter on President's procl amatio n. Existing government to continue, if vote be adverse. Transfer of property and rights to Philip- pine Comm onwealth. Post, p. 483. Relations with Unit- ed States pending com- plete indepe ndence. Trade relations pro- visions. Ante, p . 458. Sugars. Coconut oil. Hard fibers, etc. Duty-free export tin, itation. Export permits may issue for excess.