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PROCLAMATION 4260-JAN. 25, 1974 Proclamation 4260

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[88

STAT.

January 25, 1974

Amending Part 3 of the Appendix to the Tariff Schedules of the United States With Respect to the Importation of Agricultural Commodities

By the President of the United States of America A Proclamation WHEREAS, pursuant to section 22 of the Agricultural Adjustment Act, as amended (7 U.S.C. 624), limitations have been imposed by Presidential proclamations on the quantities of wheat and milled wheat products which may be imported into the United States in any quota year; and

19 USC 1202.

WHEREAS the import restrictions proclaimed pursuant to said section 22 are set forth in part 3 of the Appendix to the Tariff Schedules of the United States; and WHEREAS, at my request, the United States Tariff Commission has made an investigation under the authority of subsection (b) of section 22 of the Agricultural Adjustment Act to determine whether the import quotas on wheat and milled wheat products provided for in item 950.60 of part 3 of the Appendix to the Tariff Schedules of the United States (TSUS) may be suspended without rendering or tending to render ineffective, or materially interfering with, the loan and payment programs now conducted by the Department of Agriculture for wheat or reducing substantially the amount of products processed in the United States from domestic wheat; and WHEREAS the United States Tariff Commission has submitted to me a report with respect to this matter; and WHEREAS, on the basis of such investigation and report, I find and declare that the entry of additional quantities of wheat and milled wheat products resulting from the suspension during the period ending June 30, 1974, of the quantitative limitations provided for in item 950.60 of the T'SUS will not render or tend to render ineffective, or materially interfere with, the loan and payment programs now being conducted by the Department of Agriculture for wheat and will not reduce substantially the amount of products processed in the United States from domestic wheat, that the circumstances wihch required the imposition of such quantitative Hmitations on wheat and milled wheat products no longer exist, and that such quantitative limitations should be suspended during the period ending June 30, 1974;

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