Page:United States Statutes at Large Volume 81.djvu/1108

 1074

65 Stat. 74. 19 USC 1364.

121)2 nofe '"^''' 77A Stat. 3. 19 USC 1202.

77A Stat. 351.

77A Stat. 439.

PROCLAMATION 3761-JAN. 11, 1967

fel

STAT.

less than seven jewels, if such movement contains a bushing or its equivalent (other than a substitute for a jewel) in any position customarily occupied by a jewel (hereinafter referred to as "any bushingtype movement"); 3. WHEREAS, pursuant to Section 7 of the Trade Agreements Extension Act of 1951 and in accordance with the provisions of the agreement with Switzerland of October 13, 1950 (2 U.S.T. 453), providing for the addition of an escape clause to the Sw^ss trade agreement, the President by Proclamation No. 3062 of July 27, 1954 (68 Stat. (pt. 2) c47), proclaimed that, until the President otherwise proclaimed, certain increased rates of duty shall apply to the watch movements identified in the first recital of this proclamation (which movements do not include any bushing-type movement) exported to the United States after July 27, 1954; 4. WHEREAS, after compliance with the requirements of Section 1^2 of the Tariff Classification Act of 1962 (76 Stat. 73), the President by Proclamation No. 3548 of August 21, 1963 (77 Stat. 1017), proclaimed, effective on and after August 31, 1963, the Tariff Schedules of the United States, which reflected, with modifications, and, in effect, superseded (1) the provisions of the proclamations of January 9 and May 7, 1936, insofar as those proclamations proclaimed the concessions reducing rates of duty with respect to the watch movements identified in the first recital of this proclamation (see Subpart E of Part 2 of Schedule 7 of the Tariff Schedules of the United States, including items 716.10 through 719.), and (2) the provisions of Proclamation No. 3062 (see Subpart A of Part 2 of the Appendix to the Tariff Schedules of the United States, including items 932.10 through 935.__);

5. WHEREAS, consistent with the proclamations of January 9 and May 7, 1936, Subpart E of Part 2 of Schedule 7 of the Tariff Schedules of the United States renders the concessions reducing rates of duty with respect to the watch movements identified in the first recital of this proclamation inapplicable to any bushing-type movement, but, inconsistent with Proclamation No. 3062, Section 102(2) of the Tariff Classification Act of 1962, and Headnote 1 to Subpart A of Part 2 of the Appendix to the Tariff Schedules of the United States, and as a result of a clerical error. Subpart A of Part 2 of that Appendix includes, and thereby lowers the rates of duty with respect to, any bushing-type movement;

lo f * f ^^T<o 19 USC prec.

1202 note. 76 Stat. 900.

68 Stat. c47.

6. WHEREAS the President proclaimed the increased rates of duty set forth in items 932.10 through 935.__ of the Appendix to the Tariff Schedules of the United States in the erroneous belief that they did not include any bushing-type movement, and it would be contrary to the intent and purpose of Section 7 of the Trade Agreements Extension Act of 1951 and the Tariff Classification Act of 1962 to permit this i

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clerical error to remain uncorrected; 7. WHEREAS, upon its own motion under Section 351(d)(2) of the Trade Expansion Act of 1962 (19 U.S.C. 1981 (d)(2)), the United States Tariff Commission conducted an investigation, including a hearing, pursuant to Section 351(d)(5) of that Act (19 U.S.C. 1981(d) (5)), and on March 5, 1965, submitted to me a report (30 F.R. 3341) advising me of its judgment as to the probable economic effect on the domestic industry concerned of the reduction or termination of the increased rates of duty effected by Proclamation No. 3062 (now reflected, with modifications, in Subpart A of Part 2 of the Appendix to the Tariff Schedules of the United States, including items 932.10 through 9 3 5. - );

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