Page:United States Statutes at Large Volume 54 Part 2.djvu/1155

 2376 48 Stat. 943; 50 Stat. 24. 19U. S.C.§§1351- 1354; Supp. V, §§ 1351, 1352. Ante, p. 107. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [54 STAT. any foreign trade agreement that the President has entered into hereunder. No proclamation shall be made increasing or decreasing by more than 50 per centum any existing rate of duty or transferring any article between the dutiable and free lists. The proclaimed duties and other import restrictions shall apply to articles the growth, produce, or manufacture of all foreign countries, whether imported directly, or indirectly: Provided, That the President may suspend the application to articles the growth, produce, or manufacture of any country because of its discriminatory treatment of American commerce or because of other acts or policies which in his opinion tend to defeat the purposes set forth in this section; and the proclaimed duties and other import restrictions shall be in effect from and after such time as is specified in the proclamation. The President may at any time terminate any such proclamation in whole or in part." WHEREAS I, Franklin D. Roosevelt, President of the United States of America, have found as a fact that certain existing duties and other import restrictions of the United States of America and the United States of Venezuela are unduly burdening and restricting the foreign trade of the United States of America and that the purpose declared in the said Tariff Act of 1930, as amended by the said Act of June 12, 1934, as extended by the said Joint Resolution of Congress, approved March 1, 1937, will be promoted by a foreign trade agreement between the United States of America and the United States of Venezuela; WHEREAS reasonable public notice of the intention to negotiate such foreign trade agreement was given and the views presented by persons interested in the negotiation of such agreement were received and considered; WHEREAS, after seeking and obtaining information and advice with respect thereto from the United States Tariff Commission, the Depart- ments of State, Agriculture, and Commerce, and from other sources, I entered into a definitive agreement, including two Schedules annexed thereto, on November 6, 1939, through my duly empowered Plenipo- tentiary, with the President of the United States of Venezuela, through his duly empowered Plenipotentiary, and, on the same day and in like manner, into a modus vivendi in the form of an exchange of notes, including two Schedules annexed thereto, to be effective on and after December 16, 1939, pending the entry into force of the definitive agreement between the two countries; WHEREAS the said modus vivendi, including two Schedules annexed thereto, in the English and Spanish languages, is in words and figures as follows: Modus ivendi. No. 43 EMBASSY OF THE UNITED STATES OF AMERICA Caracas,November 6, 1939 EXCELLENCY: The undersigned, being duly empowered thereto by the President of the United States of America, has the honor to confirm and make of record by this note the following modus vivendi which has been

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