Extension of Reciprocal Trade Agreements Act: Extract from Hearings Before the Committee on Finance, United States Senate, Eighty-first Congress, First Session, on H.R. 1211, an Act to Extend the Authority of the President Under Section 350 of the Tariff Act of 1930, as Amended, and for Other Purposes, Statement of Richard H. Anthony, Secretary, American Tariff League, February 21, 1949, Volume 2U.S. Government Printing Office, 1949 - 18 pages |
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Page 13
... things that you have mentioned here , you might exceed the peril point ? Mr. THORP . What peril point ? How do you define the peril point which you might exceed ? I am saying that there is a scale of possible points , and one takes ...
... things that you have mentioned here , you might exceed the peril point ? Mr. THORP . What peril point ? How do you define the peril point which you might exceed ? I am saying that there is a scale of possible points , and one takes ...
Page 14
... things into consideration in determining how far one can go , yes . Senator MILLIKIN . What relevancy have these things to ... thing that ever can be proved will be where they have made mistakes with respect to setting the levels too low ...
... things into consideration in determining how far one can go , yes . Senator MILLIKIN . What relevancy have these things to ... thing that ever can be proved will be where they have made mistakes with respect to setting the levels too low ...
Page 17
... thing about it . Now , what happens from that point on ? Mr. BROWN . Well , sir , the Tariff Commission report would ... things . Let us assume first that the President concludes immediate action should be taken and he invokes the escape ...
... thing about it . Now , what happens from that point on ? Mr. BROWN . Well , sir , the Tariff Commission report would ... things . Let us assume first that the President concludes immediate action should be taken and he invokes the escape ...
Page 19
... thing and says , " Well , now , let us see how this thing is going to pinch us , " you start your diplomatic negotiations to find out what the country with which you negotiated , the principal supplier of that particular article ...
... thing and says , " Well , now , let us see how this thing is going to pinch us , " you start your diplomatic negotiations to find out what the country with which you negotiated , the principal supplier of that particular article ...
Page 24
... thing . You cannot produce any authority for the Tariff Commission , which is an independent agency of the Congress , participating in executive work of any kind . And that was never the intention of Congress . Mr. THORP . I am sorry ...
... thing . You cannot produce any authority for the Tariff Commission , which is an independent agency of the Congress , participating in executive work of any kind . And that was never the intention of Congress . Mr. THORP . I am sorry ...
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Common terms and phrases
ad val ad valorem agree AGREEMENT ON TARIFFS agricultural American industry ANDERSON apply Argentina Article Canada CARNOW cents CHAIRMAN chief value CLAYTON committee commodities competition concessions Congress contracting party cost COULTER countries Cuba Department dollars domestic industry domestic production economic effect Elgin escape clause exchange exports fillets fishery products foreign going Government Iceland imports increase injury ITO CHARTER kilograms labor lend-lease LYNE manufacture Member ment negotiations operation Organization paragraph percent peril point period petroleum pounds present President protection provisions question quotas rate of duty reciprocal trade agreements reduced restrictions sardines screen quotas Senator BREWSTER Senator CONNALLY Senator LUCAS Senator MARTIN Senator MILLIKIN SHENNAN specially provided statement supply SWINGLE Switzerland Tariff Act Tariff Commission TARIFFS AND TRADE territory THORP tion Trade Agreements Act tungsten United Kingdom Waltham watch movements
Popular passages
Page 121 - ... in such increased quantities and under such conditions as to cause or threaten serious injury to domestic producers in that territory of like or directly competitive products, the contracting party shall be free, in respect of such product, and to the extent and for such time as may be necessary to prevent or remedy such injury, to suspend the obligation in whole or in part or to withdraw or modify the concession.
Page 123 - Subject to the requirement that such measures are not applied in a manner which would constitute a means of arbitrary or unjustifiable discrimination between countries where the same conditions prevail, or a disguised restriction on international trade...
Page 290 - For the purpose of expanding foreign markets for the products of the United States (as a means of assisting in the present emergency in restoring the American standard of living, in overcoming domestic unemployment and the present economic depression, in' increasing the purchasing power of the American public, and in establishing and maintaining a better relationship among various branches of American agriculture, industry, mining, and commerce...
Page 61 - The contracting parties recognize that internal taxes and other internal charges, and laws, regulations and requirements affecting the internal sale, offering for sale, purchase, transportation, distribution or use of products, and internal quantitative regulations requiring the mixture, processing or use of products in specified amounts or proportions, should not be applied to imported or domestic products so as to afford protection to domestic production.
Page 641 - American public, and in establishing and maintaining a better relationship among various branches of American agriculture, industry, mining, and commerce) by regulating the admission of foreign goods into the United States in accordance with the characteristics and needs of various branches of American production...
Page 119 - Final Act adopted at the conclusion of the Second Session of the Preparatory Committee of the United Nations Conference on Trade and Employment which has not signed it on this day.
Page 123 - Agreement shall be construed to prevent the adoption or enforcement by any contracting party of measures: [....] (b) necessary to protect human, animal or plant life or health; [....] (g) relating to the conservation of exhaustible natural resources if such measures are made effective in conjunction with restrictions on domestic production or consumption.
Page 291 - No proclamation shall be made increasing or decreasing by more than 50 per centum any existing rate of duty or transferring any article between the dutiable and free lists.
Page 60 - ... internal taxes or other internal charges of any kind in excess of those applied, directly or indirectly, to like domestic products. Moreover, no contracting party shall otherwise apply internal taxes or other internal charges to imported or domestic products in a manner contrary to the principles set forth in paragraph 1.
Page 78 - No prohibitions or restrictions, other than duties, taxes, or other charges, whether made effective through quotas, import or export licences, or other measures, shall be instituted or maintained by any contracting party on the importation of any product of the territory of any other contracting party...