Page:United States Statutes at Large Volume 72 Part 1.djvu/721

 72

STAT.]

PUBLIC LAW 85-686-AUG. 20, 1958

679

f eiise, the requirements of growth of such industries and such supplies and services including the investment, exploration, and development necessary to assure such growth, and the importation of goods in terms of their quantities, availabilities, character, and use as those affect such industries and the capacity of the United States to meet national security requirements. I n the administration of this section, the Director and the President shall further recognize the close relation of the economic welfare of the Nation to our national security, and shall take into consideration the impact of foreign competition on the economic welfare of individual domestic industries; and any substantial unemployment, decrease in revenues of government, loss of skills or investment, or other serious effects resulting from the displacement of any domestic products by excessive imports shall be considered, without excluding other factors, in determining whether such weakening of our internal economy may impair the national security. Publ " (d) A report shall be made and published upon the disposition of reports. i c ation of each request, application, or motion under subsection (b). The Director shall publish procedural regulations to give effect to the authority conferred on him by subsection (b). Rep "(e) The Director, with the advice and consultation of other appro- gress. o r t to Conpriate Departments and Agencies and with the approval of the President, shall by February 1, 1959, submit to the Congress a report on the administration of this section. I n preparing such a report, an analysis should be made of the nature of projected national defense requirements, the character of emergencies that may give rise to such requirements, the manner in which the capacity of the economy to satisfy such requirements can be judged, the alternative means of assuring such capacity and related matters." (b) The amendment made by subsection (a) shall not affect any action taken or determinations made before the date of the enactment of this Act. powers. SEC. 9. (a) Subsection (a) of section 333 of the Tariff Act of 1930 Subpena 699. 46 Stat. (19 U.S.C. sec. 1333 (a)) is amended to read as follows: " (a) AUTHORITY To OBTAIN INFORMATION.—For the purposes of carrying out its functions and duties in connection with any investigation authorized by law, the commission or its duly authorized agent or agents (1) shall have access to and the right to copy any document, paper, or record, pertinent to the subject matter under investigation, in the possession of any person, firm, copartnership, corporation, or association engaged in the production, importation, or distribution of any article under investigation, (2) may summon witnesses, take testimony, and administer oaths, (3) may require any person, firm, copartnership, corporation, or association to produce books or papers relating to any matter pertaining to such investigation, and (4) may require any person, firm, copartnersliip, corporation, or association to furnish in writing, in such detail and in such form as the commission may prescribe, information in their possession pertaining to such investigation. Any member of the commission may sign subpenas, and members and agents of the commission, when authorized by the commission, may administer oaths and affirmations, examine witnesses, take testimony, and receive evidence." (b) Subsection (d) of section 333 of the Tariff Act of 1930 (19 U.S.C. sec. 1333 (d)) is amended by strikhig out "under Part II of 46 Stat. 699. this title" and inserting in lieu thereof "before the commission". (c)(1) Subsection (a) of section 336 of the Tariff Act of 1930 (19 U.S.C. sec. 1336 (a)) is amended by striking out the third 46 Stat. 701. sentence thereof. The first sentence of subsection (c) of section 337 Hearings.. of the Tariff Act of 1930 (19 U.S.C. sec. 1337 (c)) is amended by 46 Stat. 703. striking out "under and in accordance with such rules as it may promulgate".

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