Page:United States Statutes at Large Volume 88 Part 2.djvu/1223

 88

STAT.

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PROCLAMATION 4334-NOV. 16, 1974

2539

of Part 10 of Schedule 1 of the TSUS do hereby proclaim until otherwise superseded by law: (1) Subpart A, Part 10, Schedule 1 of the TSUS is modified by adding thereto a new headnote as follows: (3) The total amount of sugars, sirups, and molasses described in items 155.20 and 155.30, the products of all foreign countries, entered in any calendar year shall not exceed, in the aggregate, 7,000,000 short tons, raw value. For the purposes of this headnote, the term "raw value" means the equivalent of such articles in terms of ordinary commercial raw sugar testing 96 degrees by the polariscope as determined in accordance with regulations issued by the Secretary of the Treasury. The principal grades and types of sugar shall be translated into terms of raw value in the following manner: (i) For sugar described in item 155.20, by multiplying the number of pounds thereof by the greater of 0.93, or 1.07 less 0.0175 for each degree of polarization under 100 degrees (and fractions of a degree in proportion). (ii) For sugar described in item 155.30, by multiplying the number of pounds of the total sugars thereof (the sum of the sucrose and reducing or invert sugars) by 1.07. (iii) The Secretary of the Treasury shall establish methods for translating sugar into terms of raw value for any special grade or type of sugar for which he determines that the raw value cannot be measured adequately under the above provisions. (2) The rate of duty in rate column numbered 1 for items 155.20 and 155.30 is established as follows: 155.20 155.30

0.6625(4 per lb. less 0.009375(i per lb. for each degree under 100 degrees (and fractions of a degree in proportion) but not less than0.428125(iperlb. Dutiable on total sugars at the rate per lb. applicable under Item 155.20 to sugar testing 100 degrees.

(3) The provisions of this proclamation shall become effective with respect to articles entered, or withdrawn from warehouse, for consumption on and after January 1, 1975, and shall remain in effect until the President otherwise proclaims or until otherwise superseded by law. IN WITNESS WHEREOF, I have hereunto set my hand this sixteenth day of November, in the year of our Lord nineteen hundred seventy-four, and of the Independence of the United States of America the one hundred ninety-ninth. GERALD R.

FORD

19 USC 1202.

Intra.

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