Page:United States Statutes at Large Volume 89.djvu/1336

 89 STAT. 1276

PROCLAMATION 4377—MAY 27, 1975 gation and recommendation by the Secretary of the Treasury in accordance with the provisions of Section 232 of the Trade Expansion Act

19 USC 1862-

of 1962; and

WHEREAS, the scheduled increases in the level of fees established by Proclamation No. 4341 were deferred by Proclamation No. 4370 Ante, pp. 2022, of April 30, 1975, iu ordcr to afford Congress an opportunity to propose 2065 alternative programs for discouraging importation into the United States of petroleum and petroleum products in such quantities or under such circumstances as threaten to impair the national security; and WHEREAS, such alternative programs have not been developed and are unlikely to be enacted in the near future; and WHEREAS, I judge it necessary and consistent with the national security to reinstitute the originally scheduled increase in the supplemental fee to the level of $2.00 per barrel; and WHEREAS, the Administrator of the Federal Energy Administration has recommended that certain other changes in the license fee system be made;

uscprec. title 1-

note ^9

use 1862

NOW, THEREFORE, I, GERALD R. FORD, President of the United States of America, acting under and by virtue of the authority vcstcd lu mc by the Constitution and the laws of the United States, .

.

.

mcluding Section 232 of the Trade Expansion Act of 1962, as amended, do hereby proclaim that, effective as of June 1, 1975, Proclamation JSJQ 3279, as amended, is hereby further amended as follows: SECTION 1. (a) Clauses (iii), (iv), and (viii) of subparagraph (1) of paragraph (a) of Section 3 are amended to read as follows: "(iii) with respect to imports of crude oil, natural gas products, unfinished oils, and all other finished products (except ethane, propane, butanes, and asphalt) entered into the customs territory of the United States on or after February 1, 1975, there shall be a supplemental fee per barrel of $1.00, rising to $2.00 on imports entered on or after June 1, 1975; "(iv) with respect to the fees imposed pursuant to paragraphs 3(a) (1)(i) - ( i i i), the amount of such fees shall be reduced, on a monthly basis, by an amount equal to any applicable duties paid less any drawbacks received during the same period charged against imports made on or after February 1, 1975, except that where duty drawbacks exceed the duty paid during that period, the net differences shall be applied to subsequent periods; provided that when the duty less drawbacks

�