then use these "credi mports of vehicles or p It still does not pro The increase of sals against violations of the statute. The Bureau of Customs has extensive experience laws giving goods imported for one purpose duty tre from that given the same goods when imported for For example, ethyl alcohol imported for nonbeverag a lower duty rate than that imported for beverage certain wools used in the manufacture of floor cove free; the identical wools when used for other purpo The Bureau of Customs satisfies itself such certifica complied with. The Bureau will do so in the present The method to be employed by Customs is a routi reference of individual importations to the Customs for investigation of actual use. In other words, Cust ng market for replace call on importers on a selective basis at the discretion of Customs or the Appraiser of Merchandise at the p parts industry is hit will ascertain from the books of account and produ ian and could benefits their satisfaction the actual use made of the articles ities on replacement par ew its efforts to ind reviewed, no later t 1 legislation would pro to remove U.S. duties sition to do so when rested parties before acement parts. e against Canadian p erted for use as replace ement parts industry! ction 404 that the or er duty-free) is equip pursuant to a written motor-vehicle manufac icated component inte acture in the United S Commerce will maint e of duty-free parts manufacture of vehicles instituted a procedur d to duty-free import oviding retroactive co Code (19 C.F.R.) ion on each shipments om duty-free entry of riginal equipment and ubject to prosecution he implementing legis PUBLIC DEBT STATEMENT OF SECRETARY OF THE TREASU BEFORE THE COMMITTEE ON FINANC UNITED STATES SENAT ON H.R. 8464 AN ACT TO PROVIDE, FOR THE PERIOD BE JULY 1, 1965, AND ENDING ON JUNE 3 TEMPORARY INCREASE IN THE I DEBT LIMIT SET FORTH IN SECTI OF THE SECOND LIBERTY BOND 49-131 JUNE 15, 1965 Printed for the use of the Committee on F U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 1965 CONTENTS Statement of Hon. Henry H. Fowler, Secretary of the Treasury; accom- panied by Frederick L. Deming, Under Secretary for Monetary Affairs, Comparison of debt projections of June 23, 1964, with actual results_-_- Dow-Jones closing price on May 14 and June 14, 1965--- Estimated public debt subject to limitation (based on constant minimum operating cash balance of $4 billion)_ Excerpts from the recent statement of Gov. J. L. Robertson of the Board of Governors of the Federal Reserve System... Federal debt, interest on the debt, budget surplus or deficit, value of the dollar, balance of payments, U.S. gold stock, and total reserves, note liabilities, and deposits of Federal Reserve banks, showing reserve ratio, Federal real and personal property inventory report (civilian and military) of the U.S. Government, covering its properties located in the United States, in the territories, and overseas, as of June 30, 1964---- Grand recapitulation of the personalty and realty assets of the U.S. Gov- ernment agencies, offices, and establishments of the Government, includ- ing the Department of Defense, as of June 30, 1964, 1963, and 1962. Total gross debt (public and private) and gross national product, 1948-64, |