Page:United States Statutes at Large Volume 54 Part 2.djvu/677

 1898 19U. S.C. §§ 1351- 1354; Supp. V, § 1352. Ante, p. 107. Purposes declared. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [54 STAT. trade agreements, as are required or appropriate to carry out any foreign trade agreement that the President has entered into here- under. No proclamation shall be made increasing or decreasing by more than 50 per centum any existing rate of duty or trans- ferring 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 coun- tries, 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 dis- criminatory 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 Kingdom of Great Britain and Northern Ireland, Newfoundland, and certain British non-selfgoverning Colonies, Protectorates and Protected States, 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 Kingdom of Great Britain and Northern Ireland; 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 foreign Trade Agreement on November 17, 1938, through my duly empowered Plenipotentiary, with His Majesty the King of Great Britain, Ireland and the British Dominions beyond the Seas, Emperor of India, in respect of Great Britain and Northern Ireland, through his duly empowered Plenipotentiaries, which Agree- ment, including four Schedules annexed thereto, is in words and figures as follows: The President of the United States of America and His Majesty the King of Great Britain, Ireland and the British Dominions beyond the Seas, Emperor of India, in respect of Great Britain and Northern Ireland; Desiring to grant reciprocal concessions and advantages in order to facilitate and extend mutual relations of trade and commerce;

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