Page:United States Statutes at Large Volume 54 Part 2.djvu/1238

 4 STAT.] VENEZUELA-RECIPROCAL TRADE-DEC. 28, 1940 charge, during a specified period, equivalent to the proportion of the total importation of such article which the Kingdom of the Netherlands supplied in a basic period prior to the imposition of such quantitative restriction on such article, unless it is mu- tually agreed to dispense with such allotment...." WHEREAS, a Trade Agreement was entered into between the United States of America and the Republic of Colombia on September 13, 49 stat87a. 1935,3 pursuant to the said Tariff Act of 1930, as amended, and is now in force between the two countries; WHEREAS, the Kingdom of the Netherlands, the United States of Venezuela, and the Republic of Colombia have an interest in the importation into the United States of America of crude petroleum, topped crude petroleum, and fuel oil derived from petroleum includ- ing fuel oil known as gas oil; W ER.EAs, by my proclamation of December 12, 1939,4 I did pro- Ane, p. 21 . claim the allocation among countries of production, on the basis therein set forth, of the quantity of crude petroleum, topped crude petroleum, and fuel oil derived from petroleum including fuel oil known as gas oil, entitled to a reduction in the rate of import tax by virtue of the said item 3422 of Schedule II of the said modus Anc,p. w7. visendi and definitive agreement during the period from December 16, 1939 to December 31, 1940, inclusive; WHEREas, the allocation to the Kingdom of the Netherlands (in- cluding its overseas territories), to the United States of Venezuela and to the Republic of Colombia, of shares of the total quantity of such petroleum and fuel oil entitled to a reduction in the rate of import tax by virtue of the said item 3422 of Schedule II annexed to the said definitive agreement is required and appropriate, during the calendar year 1941, to carry out the said trade agreement of Decem- ber 20, 1935 between the United States of America and the Kingdom of the Netherlands, the said definitive agreement of November 6, 1939 between the United States of America and the United States of Venezuela and the said trade agreement of September 13, 1935 be- tween the United States of America and the Republic of Colombia; WHEREAS, I find that imports for consumption into the United Findings. States of America from all countries, of such petroleum and fuel oil during the calendar year 1939 were representative of the trade in such articles; WHEREAS, I find that the proportions of total imports into the United States of America for consumption of such petroleum and fuel oil supplied by the United States of Venezuela, the Kingdom of the Netherlands (including its overseas territories), the Republic of Colombia and by all other foreign countries, respectively, during the calendar year 1939, were as follows: United States of Venezuela 70.4 per centum Kingdom of the Netherlands (includ- ing its overseas territories) 21.3 per centum Republic of Colombia 3.2 per centum Other foreign countries 5.1 per centum [Executive Agreement Series No. 89.] '[Executive Agreement Series No. 191 .] 2459

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