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Percent foreign versus domestic crude oil production, chart__

Relationship of petroleum imports to demand and production,

1935-53, table.......

Summary of position of domestic oil producers

Telegrams from oil associations authorizing representation before
committee___

United States imports and exports of crude oil and refined

products, yearly averages, 1918-52, table.

United States petroleum imports, 1928-53, chart.

Inland Steel Co., letter from L. B. Block, vice president...
Insulation Board Institute, statement of Charles M. Gray, manager.
International Brotherhood of Operative Potters, statement of James
M. Duffy, president_-_.

945

927, 928

930

2026

571

581

Text of H. R. 4724_.

1688

United States balance of payments, 1952 and 1951, table.

Keating, Hon. Kenneth B.: Text of H. R. 4594--

1689

Kelley, Hon. Augustine B., statement of

1196

Labor Department, statement of Hon. Martin P. Durkin, Secretary-
Lace & Embroidery Association of America, Inc., letter from David E.
Schwab, president

794

400

Lereh, John J.: Should the Power to Tax be Vested in the President,
speech of Hon. James M. Beck, House of Representatives, March
24, 1934.

482

Luggage and Leather Goods Manufacturers of America, Inc., memo-
randum by Jack Citronbaum, executive vice president.

296

Manufacturing Chemists Association: Supplementary statement of
Fred G. Singer...

Marshall Field & Co., letter from H. M. McBain__

235

Miller, Hon. A. L., letter from, transmitting resolution of Committee
on Interior and Insular Affairs.

1492

Minerva Oil Co.: Graph titled "Fluorspar".

1589

Mitchell, Albert K., Republican national committeeman for New
Mexico, letter from..

1652

Mollohan, Hon. Robert H., letter from_.

1198

Moore, Berwyn T., & Co., letter from Berwyn T. Moore, president
Morrison, De Lesseps S., mayor, New Orleans, telegram from.
Mueller, Walter W., statement of, on behalf of United States band
instrument industry...

1462

1930

582

National Association of Cotton Manufacturers: Statistics concerning
cotton textile employment and manufacture, tables. 1831-1833, 1836-1839
National Association of Photographic Manufacturers, Inc., statement
of William C. Babbitt, managing director...

552

Additional information submitted for the record by-Continued
National Association of Waste Material Dealers, Inc., letter from Max
M. Teisch, vice president, foreign trade division_.
National Association of Wool Manufacturers: Correspondence be-
tween Treasury Department and a group of Senators and Repre-
sentatives__

Page

1646

214-216

Resolution of, on residual oil imports..

1080

Sponsors of legislation to limit importations of foreign residual
fuel oil into the United States__

1082

National Congress of Petroleum Retailers, Inc., letter from William
D. Snow, general counsel...

1410

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Supplemental statement of Otis H. Ellis, general counsel___
Work stoppages in bituminous coal mining, 1927-52, table.........-

National Renderers Association, letter from F. B. Wise, secretary-

1352

1348

1463

1517

New Jersey Zinc Sales Co., statement of R. G. Kenly, vice president..
New Orleans Board of Trade, telegram from A. C. Cocke, president__
New York Board of Trade, Inc., letter from Lloyd I. Volckening,
chairman, drug, chemical, and allied trades section__
New York Central System, letter from Harvey L. Willard-

1931

793

1219

New York Chamber of Commerce, memorandum on companies and
industries that may suffer because of an increase in imports____.
Northwest Bulb Growers Association, statement of---
Northwest Horticultural Council, tables showing statistics on exports
of fruit__

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Providence (R. I.) Chamber of Commerce, letter of authorization

from..

Philbin, Hon. Philip J., letter from, transmitting letter of John O.
Dahill, secretary-treasurer, New England Conference of Typo-
graphical Unions...

Pin, Clip & Fastener Association:

Application for investigation and public hearing and imposition

of an absolute import quota with respect to safety pins...

Correspondence with Tariff Commission.

Legal duties and functions under the Antidumping Act, 1921_-_-
Letter to Hon. Daniel A. Reed.............

Presbyterian Church, U.S.A., statement of Clifford Earle, secretary,
department of social education and action...

Radio-Television Manufacturers Association, letter from W. M.

Adams, chairman, export committee..

1396

1395

1395

1396

1395

1392

1454

Seattle Chamber of Commerce, resolution of.

1945

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562

905

1944

Trojan Powder Co., letter from J. J. McIntire, treasurer.

577

Tube Turns, Inc., letter from John G. Seiler, executive vice president_
Tuna Research Foundation, supplementary statement of..
Tydings, Millard E.: American watch factories, chart...---
Typewriter Manufacturers Export Association, letter from Eric T.
King, secretary__

1458

138

1883

1459

549

1433

1176

1175

Underwear Institute, statement of.

United Aircraft Export Corp., letter from J. M. Barr, president__
United Mine Workers of America:

Letter from Hon. Harold F. Linder, Assistant Secretary of State-
Letter to Hon. John Foster Dulles, Secretary of State....

United States Cuban Sugar Council, United States trade with Cuba-

Selected material from Sugar Facts and Figures, 1952, chart and

tables

Text of dissenting statement of Edgar B. Brossard, Commissioner,

United States Tariff Commission.

Venezuelan Chamber of Commerce of the United States: The Effect
of Oil Imports on the Domestic Coal and Oil Industries, by Leslie J.
Cookenboo, associate professor of economics, Rice Institute...
Vick Chemical Co., letter from W. V. Reynolds, vice president.
Vitrified China Association, Inc.: Trade agreement imports and do-
mestic plant shipments of China dinnerware, 1949-52, chart..

Vursell, Hon. Charles W.: Text of H. R. 4688..

1319

1461

357

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546

Wine Institute: Communications from members of wine industr. 536-540

TRADE AGREEMENTS EXTENSION ACT OF 1953

MONDAY, APRIL 27, 1953

HOUSE OF REPRESENTATIVES,

COMMITTEE ON WAYS AND MEANS,

Washington, D. C.

The committee met, pursuant to call, at 10 a. m., in room 1102, House Office Building, Hon. Daniel A. Reed, chairman, presiding.

The CHAIRMAN. The committee will come to order.

Mr. Reporter, first of all, I would like to introduce H. R. 4294 in the record.

(H. R. 4294 is as follows:)

[H. R. 4294, 83d Cong., 1st sess.]

A BILL To extend the authority of the President to enter into trade agreements under section 350 of the Tariff Act of 1930, as amended, and for other purposes

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Trade Agreements Extension Act of 1953".

SEC. 2. The period during which the President is authorized to enter into foreign-trade agreements under section 350 of the Tariff Act of 1930, as amended and extended (19 U. S. C., sec. 1351), is hereby extended for a further period of one year from June 12, 1953.

SEC. 3. The second sentence of section 3 (a) of the Trade Agreements Extension Act of 1951 (19 U. S. C., sec. 1360) is hereby amended by striking out "serious injury to the domestic industry producing like or directly competitive articles" in clause (1) and in clause (2) and inserting in lieu thereof “unemployment of or injury to American workers, miners, farmers, or producers, producing like or competitive articles, or impairment of the national security" and "such unemployment, injury, or impairment, or threat thereof,", respectively. The last sentence of such section 3 (a) is hereby amended to read as follows: "No such foreign-trade agreement shall be entered into with respect to any article imported into the United States until the Commission has made its report with respect to such article to the President."

SEC. 4. Section 4 of the Trade Agreements Extension Acts of 1951 (19 U. S. C., sec. 1361) is hereby amended to read as follows:

SEC. 4. The President shall not enter into any trade agreement under section 350 of the Tariff Act of 1930, as amended, which, when effective, would—

"(1) require or make appropriate any modification of duties or other import restrictions, the imposition of additional import restrictions, or the continuance of existing customs or excise treatment, which modification, imposition, or continuance would exceed the limit (as found and reported by the Tariff Commission under section 3) to which such modification, imposition, or continuance may be extended without causing or threatening unemployment of or injury to American workers, miners, farmers, or producers, producing like or competitive articles, or impairment of the national security;

or

"(2) fail to require or make appropriate the minimum increase in duty or additional import restrictions required (as found and reported by the Tariff Commission under section 3) to avoid such unemployment, injury, or impairment, or threat thereof."

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