Page:United States Statutes at Large Volume 88 Part 2.djvu/1139

 88

STAT.

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PROCLAMATION 4272-FEB. 26, 1974

2455

WHEREAS the potential aggregate imports of meat for the calendar year 1974, as estimated by the Secretary of Agriculture, exceeds 110 percent of the adjusted base quantity of meat for the calendar year 1974 estimated by the Secretary of Agriculture; and WHEREAS no limitation under the act is in effect with respect to the calendar year 1974; and WHEREAS section 2(c)(1) of the act requires the President in such circumstances to limit by proclamation the total quantity of meat which may be entered, or withdrawn from warehouse, for consumption, during the calendar year, to the adjusted base quantity estimated for such calendar year by the Secretary of Agriculture pursuant to section 2(b)(1) of the act; and

19 USC 1202

WHEREAS section 2(d) of the act provides that the President may suspend the total quantity proclaimed pursuant to section 2(c) of the act if he determines and proclaims that such action is required by overriding economic or national security interests of the United States, giving special weight to the importance to the Nation of the economic wellbeing of the domestic livestock industry; and WHEREAS section 2(d) of the act further provides that such suspension shall be for such period as the President determines and proclaims to be necessary to carry out the purposes of section 2(d); NOW, THEREFORE, I, RICHARD NIXON, President of the United States of America, acting under and by virtue of the authority vested in me as President and pursuant to section 2 of the act, do hereby proclaim as follows: (1) In conformity with and as required by section 2(c)(1) of the act, the total quantity of the articles specified in item 106.10 (relating to fresh, chilled, or frozen cattle meat) and item 106.20 (relating to fresh, chilled, or frozen meat of goats and sheep (except lambs)) of part 2B, schedule 1 of the TarifT Schedules of the United States which may be entered, or withdrawn from warehouse, for consumption during the calendar year 1974, is limited to 1,027.9 million pounds. (2) It is hereby determined pursuant to section 2(d) of the act that the suspension of the limitation proclaimed in paragraph (1) is required by overriding economic interests of the United States, giving special weight to the importance to the Nation of the economic well-being of the domestic livestock industry.

^^ "^c 1202.

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