Page:United States Statutes at Large Volume 49 Part 2.djvu/1731

This page needs to be proofread.

RECIPROCAL TRADE-HAITI. MARCH 28, 1935. 3737 AgreemRnt between the United States of America and Haiti respecting 2'>farch 21<. l!l3 .t;. reciprocal trade. Signed at n'ashington, .."larch 28, 1935; proclaimed by the President of Haiti, April 29, 1935; proclaimed by the President oj the United States, i.l1ay 4, 1935; eifectice, June 3, 1935. By THE PRESIDEXT OF THE UNITED STATES OF AMERICA. A PROCLA~1ATION. \ "t. •• '·d d' 1 TiffA f130fhU'd Rl'ciprocal trade ItHEREASItISprOHe Int1e ar ct0 9 0 t e mte agn,pment with Haiti. States of America as amended by the Act of June 12 1934 entitled \'o\. 46. p. 708; \'o\. , " 4~. 1' . 943. "An Act to amend the Tariff Act of 1930" (48 Stat. 943), as follows: "Sec. 350. (a) For the purpose of expanding foreign markets Statutory provisions. 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) by regulating the admission of foreign goods into the United States in accordance with the characteristics and needs of various branches of American pro- duction so that foreign markets will be made available to those branches of American production which require and are capable of developing such outlets by affording corresponding market opportunities for foreign products in the United States, the President, whenever he finds as a fact that any existing duties or other import restrictions of the United States or anY' foreign country are unduly burdening and restricting the foreIgn trade of the United States and that the purpose above declared will be promoted by the means hereinafter specified, is authorized from time to time- " (1) To enter into foreign trade agreements with foreign gov- ernments or instrumentalities thereof; and "(2) To proclaim such modifications of existing duties and other import restrictions, or such additional import restrictions, or such continuance, and for such minimum periods, of existing customs or excise treatment of any article covered by foreign trade agreements, as are required or appropriate to carry out any for- eign trade agreement that the Presldent has entered into here- under. No proclamation shall be made increasing or decreasing by more than 50 per centum any existing rate of duty or trans- ferring any article between the dutiable and free lists. The pro- claimed duties and other import restrictions shall apply to articles the growth, produce, or manufacture of all foreign coun- tries, whether imported directly, or indirectly: Provided, That the President may suspend the application to articles the growth, produce or manufacture of any country because of its discrimina- tory treatment of American conunerce or because of other acts or policies which in his opinion tend to defeat the purposes set forth in this section; and the proclaimed duties and other import restrictions shall be in effect from and 8fter such time as is speci- fied in the proclamation. The President may at any time terminate any such proclamation in whole or in part."