Page:United States Statutes at Large Volume 75.djvu/1028

 988

62 Stat. 1248.

PROCLAMATION 3378—OCT. 27, 1960

WHEREAS, on August 30, 1960, I requested the United States Tariff Commission to make an investigation under the Said section 22 with respect to this matter; and WHEREAS the Tariff Commission has made such investigation and has reported to me its findings and recommendations made in connection therewith; and WHEREAS, on the basis of the investigation and report of the Tariff Commission, I find that, in the absence of import restrictions beyond October 31, 1960, tung oil and tung nuts are practically certain to be imported into the United States under such conditions and in such quantities as to materially interfere with the said price-support program; and WHEREAS I find and declare Uiat the imposition of the limitations on imports of tung oil and tung nuts hereinafter proclaimed is shown by such investigation of the Tariff Commission to be necessary in &rder that th€ entry of tung oil and tung nuts will not materially interfere with such price-support program; and WHEREAS I find that the limitations on lm{)orts of tung oil and tung nuts hereinafter proclaimed will not reduce the permissible total quantity of tung oil and tung nuts which may be entered, or withdrawn from warehouse, for consumption, to proportionately less than 50 per centum of the average annual quantity of tung oil and tung nuts entered during the representative period November 1, 1952, to October 31, 1956, inclusive: NOW. THEREFORE, I, DWIGHT D. EISENHOWER, President of the United States of America, acting under and by virtue of the authority vested in me by section 22 of the Agricultural Adjustment Act, as amended, do hereby proclaim as follows: 1. For each of the three twelve-month periods beginning on November 1, 1960, November 1, 1961, and November 1, 1962, the total aggregate quantity of tung oil

[75 STAT.

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