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ACT OF 1909.

ACT OF 1913.

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SEC. 23. That all articles manufactured in whole SEC. IV. * *

M. That all articles manufacor in part of imported materials, or of materials tured in whole or in part of imported materials, or subject to internal-revenue tax, and intended for of materials subject to internal-revenue tax, and exportation without being charged with duty, and intended for exportation without being charged without having an internal-revenue stamp affixed with duty, and without having an internal-revenue thereto, shall, under such regulations as the Secre- stamp affixed thereto, shall, under such regulations tary of the Treasury may prescribe, in order to be as the Secretary of the Treasury may prescribe, in so manufactured and exported, be made and order to be so manufactured and exported, be made. manufactured in bonded warehouses similar to and manufactured in bonded warehouses similar to those known and designated in Treasury Regula- those known and designated in Treasury Regulations as bonded warehouses, class six: Provided, tions as bonded warehouses, class six: Provided, That the manufacturer of such articles shall first That the manufacturer of such articles shall first give satisfactory bonds for the faithful observance give satisfactory bonds for the faithful observance of all the provisions of law and of such regulations of all the provisions of law and of such regulations as shall be prescribed by the Secretary of the Treas- as shall be prescribed by the Secretary of the Treas ury: Provided further, That the manufacture of ury:. Provided further, That the manufacture of distilled spirits from grain, starch, molasses or distilled spirits from grain, starch, molasses, or sugar, including all dilutions or mixtures of them sugar, including all dilutions or mixtures of them or or either of them, shall not be permitted in such either of them, shall not be permitted in such manumanufacturing warehouses.

facturing warehouses. Whenever goods manufactured in any bonded warehouse established under the provisions of the preceding paragraph shall be exported directly therefrom or shall be đuly laden for transportation and immediate ex portation under the supervision of the proper officer who'shall be duly designated for that purpose, such goods shall be exempt from duty and from the requirements relating to revenue stamps.

Whenever goods manufactured in any bonded Whenever goods manufactured in any bonded warehouse established under the provisions of the warehouse established under the provisions of the preceding paragraph shall be exported directly preceding paragraph shall be exported directly therefrom or shall be duly laden for transportation therefrom or shall be duly laden for transportation and immediate exportation under the supervision and immediate exportation under the supervision of the proper officer who shall be duly designated of the proper officer who shall be duly designated for that purpose, such goods shall be exempt from for that purpose, such goods shall be exempt from duty and from the requirements relating to revenue duty and from the requirements relating to revenue stamps.

stamps. Any materials used in the manufacture of such goods, and any packages, coverings, vessels, brands, and labels used in putting up the same may, under the regulations of the Secretary of the Treasury, bé conveyed without the payment of revenue tax or duty into any bon ted manufacturing warehouse, and imported goods may, under the aforesaid regulations, be transferred without the exaction of duty from any bonded warehouse into any bonded manufacturing warehouse; but this privilege shall not be held to apply to implements, machinery, or apparatus to be used in the construction or repair of any bonded manufacturing warehouse or the prosecution of the business carried on erein.

Any materials used in the manufacture of such Any materials used in the manufacture of such goods, and any packages, coverings, vessels, brands, goods, and any packages, coverings, vessels, brands, and labels used in putting up the same may, under and labels used in putting up the same may, under the regulations of the Secretary of the Treasury, be the regulations of the Secretary of the Treasury, be conveyed without the payment of revenue tax or conveyed without the payment of revenue tax or duty into any bonded manufacturing warehouse, duty into any bonded manufacturing warehouse, and imported goods may, under the aforesaid and imported goods may, under the aforesaid regulations, be transferred without the exaction of regulations, be transferred without the exaction of duty from any bonded warehouse into any bonded duty from any bonded warehouse into any bonded manufacturing warehouse; but this privilege shall manufacturing warehouse; þut this privilege shall not be held to apply to implements, machinery, or not be held to apply to implements, machinery, or apparatus to be used in the construction or repair apparatus to be used in the construction or repair of any bonded manufacturing warehouse or for of any bonded manufacturing warehouse or for the prosecution of the business carried on therein. the prosecution of the business carried on therein.

Articles or materials received into such bonded manufacturing warehouse or articles manufactured therefrom may be withdrawn or removed therefrom for direct shipment and exportation or for transportation and immediate exportation in bond to foreign countries or to the Philippine Islands under the supervision of the officer duly designated therefor by the collector of the port, who

shall certify to such shipment and exportation, or ladening for transportation, as the case may be, describing the articles by their mark or otherwise, the quantity, the date of exportation, and the name of the vessel:

No articles or materials received into such bonded No articles or materials received into such bonded manufacturing warehouse shall be withdrawn or manufacturing, warehouse shall be withdrawn or removed therefrom except for direct shipment and removed therefrom except for direct shipment and exportation or for transportation and immediate exportation or for transportation and immediate exportation in bond to foreign countries or to the exportation in bond to foreign countries or to the Philippine Islands under the supervision of the Philippine Islands under the supervision of the officer duly designated therefor by the collector of officer duly designated therefor by the collector of the port, who shallcertify to such shipment and ex- the port, who shall certify to such shipment and portation, or ladening for transportation, as the case exportation, or ladening for transportation, as the may be, describing the articles by their mark or

case may be, describing the articles by their mark otherwise, the quantity, the date of exportation, or otherwise, the quantity, the date of exportation, and the name of the vessel:

and the name of the vessel: Provided, That the by-products incident to the processes of manufacture, including waste derived from cleaning rice in bonded warehouses under the Act of March 24, 1874, in said bonded warehouses may be withdrawn for domestic consumption on the payment of duty equal to the duty which would be assessed and collected by law ifsuch waste or by-products were imported from a foreign country: Provided, That all waste material may be destroyed under Government supervision. All labor performed and services rendered under these provisions shall be under the supervision of a duly designated officer of the customs and at the expense of ihe manufacturer. Provided, that the waste material or by-products Provided, That the waste material or by-products incident to the processes of manufacture in said incident to the processes of manufacture, including bonded warehouses may be withdrawn for domestic waste derived from cleaning rice in bonded ware

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consumption on the payment of duty equal to the houses under Act of March twenty-fourth, eighteen duty which would be assessed and collected, by hundred and seventy-four, in said bonded ware2w, if such waste or by-products were imported houses may be withdrawn for domestic consumpfrom a foreign country. All labor performed and tion on the payment of duty equal to the duty services rendered under these provisions shall be which would be assessed and collected, by law, if under the supervision of a duly designated officer such waste or by-products were imported from a of the customs and at the expense of the manufac- foreign country. All labor performed and services turer,

rendered under these provisions shall be under the supervision of a duly designated officer of the cus

toms and at the expense of the manufacturer. A careful account shall be kept by the collector of all merchandise delivered by him to any bonded manufacturing warehouse, and a sworn monthly return, verified by the customs officers in charge, shall be made by the manufacturers containing a detailed statement of all imported merchandise used by him in the tranufacture of exported articles.

A careful account shall be kept by the collector A careful account shall be kept by the collector of all merchandise delivered by him to any bonded of all merchandise delivered by him to any bonded manufacturing warehouse, and a sworn monthly manufacturing warehouse, and a sworn monthly return, verified by the customs officers in charge, return, verified by the customs officers in charge, shall be made by the manufacturers containing a shall be made by the manufacturers containing a detailed statement of all imported merchandise detailed statement of all imported merchandise med by him in the manufacture of exported articles. used by him in the manufacture of exported articles.

Before commencing business the proprietor of any manufacturing warehouse shall file with the Secretary of the Treasury a list of all the articles intended to be manufactured in such warehouse, and state the formula of manufacture and the names and quantities of the ingredients to be used therein.

Before commencing business the proprietor of Before commencing business the proprietor of ay manufacturing warehouse shall file with the any manufacturing warehouse shall file with the

Tetary of the Treasury a list of all the articles Secretary of the Treasury a list of all the articles Blended to be manufactured in such warehouse, intended to be manufactured in such warehouse, ad state the formula of manufacture and the and state the formula of manufacture and the names and quantities of the ingredients to be used names and quantities of the ingredients to be used therein.

therein. Articles manufactured under these provisions may be withdrawn under such regulations as the Secretary of the Treasury may prescribe for transportation and delivery into any bonded warehouse at an exterior port for the sole purpose of immediate export therefrom: Provided, That cigars manufactured in whole of tobacco imported from any one country, made and manufactured in such bonded manufacturing Farehouses, may be withdrawn for honie consumption upon the payment of the duties on such tobacco in its condition as imported under such regulations as the Secretary of the Treasury may prescribe, and the payment of the internal-revenue tax accruing on such cigars in their condition as withdrawn, and the nes or packages containing such cigars shall be stamped to indicate their character, origin of tobacco kte which made, and place of manufacture. Articles manufactured under these provisions Articles manufactured under these provisions may be withdrawn under such regulations as the may be withdrawn under such regulations as the sretary of the Treasury may prescribe for trans- Secretary of the Treasury may preseribe for transportation and delivery into any bonded warehou e portation and delivery into any bonded warehouse at an exterior port for the sole purpose of immediate at an exterior port for the sole

purpose of immediate eport therefrom.

export therefrom: Provided, That cigars manufactured in whole of tobacco imported from any one country, made and manufactured in such bonded manufacturing warehouses, may be withdrawn for home consumption upon the payment of the duties on such tobacco in its condition as imported under such regulations as the Secretary of the Treasury may prescribe, and the payment of the internal. revenue tax accruing on such cigars in their condition as withdrawn, and the boxes or packages containing such cigars shall be stamped to indicate their character, origin of tobacco from which made,

and place of manufacture. The provisions of section 3433 of the Revised Statutes shall, so far as may be practicable, apply to any lisaded manufacturing warehouse established under this Act and to the merchandise conveyed therein.

The provisions of Revised Statutes thirty-four The provisions of Revised Statutes thirty-four hundred and thirty-three shall, so far as may be hundred and thirty-three shall, so far as may be practicable, apply to any bonded manufacturing practicable, apply to any bonded manufacturing Warehouse established under this Act and to the warehouse established under this Act and to the merchandise conveyed therein.

merchandise conveyed therein.

ACT OF 1922.

SEC. 312. That the works of manufacturers engaged in smelting or refining, or both, of ores and crude metals

, may upon the giving of satisfactory bonds, be designated as bonded smelting'warehouses. Ores of crude metals may be removed from the vessel or other vehicle in which imported, or from a bonded Warehouse, into a bonded smelting warehouse without the payment of duties thereon, and there smelted or refined, or both, together with ores or crude metals of home or foreign production:

20655°—23— 12

ACT OF 1909.

ACT OF 1913.

SEC. 24. That the works of manufacturers on- SEC. IV. * * * N. Subsection 1. That the gaged in smelting or refining, or both, of ores and works of manufacturers engaged in smelting or crude metals, may upon the giving of satisfactory refining, or both, of ores and erude metals, may bonds be designated as bonded smelting ware- upon the giving of satisfactory bonds be designated houses. Ores or erude metals may be removed as bonded smelting warehouses. Ores or erude from the vessel or other vehicle in which imported, metals may be removed from the vessel or other or from a bonded warehouse, into a bonded smelt- vehicle in which imported, or from a bonded wareing warehouse without the payment of duties house, into a bonded smelting warehouse without thereon and there smelted or refined, or both, the payment of duties thereon and there smelted together with other ores or crude metals of home or or refined, or both, together with ores or crude foreign production:

metals of home or foreign production: Provided , That the bonds shall be charged with a sum equal in amount to the regular duties which would have been payable on such ores and crude metals if entered for consumption at the time of their importation, and the several charges against such bonds shall be canceled upon the exportation or delivery to a bonded manufacturing warehouse established under the preceding section of this title of a quantity of the same kind of metal equal to the quantity of metal producible from the smelting or refining, or both, of the dutiable metal contained in such ores or crude metals, due allowance being made of the smelter wastage as ascertained from time to time by the Secretary of the Treasury: Provided, That the several charges against such Provided, That the bonds shall be charged with the bonds may be canceled upon the exportation or amount of duties payable upon such ores and crude delivery to a bonded manufacturing warehouse, metals at the time of their importation, and the sev, established under section twenty-three of this Act, eral charges against such bonds may be canceled of the actual amount of lead produced from the upon the exportation or delivery to a bonded manu. smelting or refining, or both, of such ores or crude facturing warehouse established under paragraph M metals:

of this section of an amount of thesame kind of metal equal to the actual amount of dutiable metal prodūcible from the smelting or refining, or both, of such ores or crude metals as determined from time

to time by the Secretary of the Treasury: Provided further, that the said metals so producible, or any portion thereof, may be withdrawn for domestic consumption or transferred to a bonded customs warehouse and withdrawn therefrom and the several charges against the bonds canceled upon the payment of the duties chargeable against an equivalent amount of ores or crude metals from which said metal would be producible in their condition as imported: And provided further, That said lead may be with- And provided further, That the said metals so producdrawn for domestic consumption or transferred to a ible, or any portion't hereof, may be withdrawn for bonded customs warehouse and withdrawn there

domestic consumption, or transferred to a bonded from upon the payment of the duties chargeable customs warehouse, and withdrawn therefrom, and against it in that condition:

the several charges against the bonds eanceled upon the payment of the duties chargeable against an equivalent amount of ores or crude metals from which said metal would be producible in their con: dition as imported: * * * Provided further, That antimonial lead produced in said establishments may be withdrawn for consumption upon the pay. ment of the duties chargeable against it as typ: metal under existing law and the charges against

the bonds canceled in a similar sum: Provided further, That on the arrival of the ores and crude metals at such establishments they shall be sampled and assayed according to commercial methods under the supervision of Government officers: [No corresponding provision in act of 1909.) And provided further, That on the arrival of the ores

and crude metals at such establishments they shall be sampled and assayed according to commercial methods under the supervision of Government officers, to be appointed by the Secretary of the

Treasury and at the expense of the manufacturer: Provided further, That all labor performed and services rendered pursuant to this section shall be under the supervision of an officer of the customs, to be appointed by the Secretary of the Treasury and at the expense of the manufacturer: Provided further, That all labor performed and serv- Provided further, that all labor performed and services rendered pursuant to this section shall be under ices rendered pursuant to this section shall be under the supervision of an officer of the customs, to be the supervision of an officer of the customs, to be appointed by the Secretary of the Treasury, and at appointed by the Secretary of the Treasury, and at the expense of the manufacturer:

the expense of the manufaeturer: Provided further, That all regulations for the carrying out of this section shall be prescribed by the Secretary of the Treasury: Provided further, That all regulations for the carry- Provided further, That all regulations for the carry. ing out of this section shall be prescribed by the ing out of this section shall be preseribed by the Secretary of the Treasury.

Secretary of the Treasury. And provided further, That the several charges against the bonds of any smelting warehouse established under the provisions of this section may be canceled upon the exportation or transfer to a bonded manu. facturing warehouse from any other bonded smelting warehouse established under this section of a quantity of the same kind of metal, in excess of that covered by open bonds, equal to the amount of metal producible from the smelting or refining, or both, of the dutiable metal contained in the imported ores and crude metals, due allowance being made of the smelter wastage as ascertained from time to time by the Secretary of the Treasury. [No corresponding provision in act of 1909.)

[No corresponding provision in act of 1913.)

ACT OF 1922.

SEC. 313. That upon the exportation of articles manufactured or produced in the United States with the use of imported merchandise, the fall amount of the duties paid upon the merchandise so used shall be refunded as drawback, less 1 per centum of such duties, except that such duties shall not be so refunded upon the exportation of flour or by-products produced from imported wheat unless an amount of wheat grown in the United States equal to not less than 30 per centum of the amount of such imported wheat has been mixed with such imported wheat. Where two or more products result from the manipulation of imported merchandise, the drawback shall be distributed to the several products in accordance with their relative values at the time of separation. When the articles exported are manufactured or produced in part from domestie materials, the imported merchandise shall so appear in the completed articles that the quantity or measure thereof may be ascertained. The drawback on any article allowed under existing law shall be continued at the rate herein provided. The imported merchăndise used in the manufaeture or production of articles entitled to drawback of customs duties when exported shall, in all casos where drawback of duties paid on such merchandise is claimed, be identified, the quantity of such merchandise used and the amount of duties paid thereon shall be ascertained, the facts of the manufactureor production of such articles in the United States and their exportation therefrom shall be determined, and the drawback due thereon shall be paid to the manufacturer, producer, or exporter, the agent of either, or to the person to whom such manufacturer, producer, exporter, or agent shall in writing order such 'drawback paid, under such regulations as the secretary of the Treasury shall prescribe.

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ACT OF 1909.

ACT OF 1913. SEC. 25. That where imported materials

SEC. IV. * * * 0. That upon the exportawhich duties have been paid

are used in the manu- tion of articles manufactured or produced in the facture of articles manufactured or produced in United States by the use of imported merchandise the United States, there shall be allowed on the or materials upon which customs duties have been exportation of such articles a drawback equal in paid, the full amount of such duties paid upon the amount to the duties paid on the materials used, quantity of materials used in the manufacture or less one per centum of such duties:

production of the exported product shall be refunded as drawback, less 1 per centum of such duties: Provided, That where a principal product and a by-product result from the manipulation of imported material and only the by-product is exported, the proportion of the drawback distributed to such by-product shall not exceed the duty assessable under this Act on a similar by-product of foreign origin if imported into the United States. Where no duty is assessable upon the importation of a corresponding by-product, no draw back shall be payable on such by-produet produced from the imported material; if, however, the principal product is exported, then on the exportation thereof there shall be refunded as drawback the whole of the duty paid on the imported material used in the production of both the principal and the by

product, less 1 per cent, as herein before provided: Provided, That when the articles exported are made Provided further, That when the articles exported in part from domestic materials the imported mate- are manufactured in part from domestic materials, rials, or the parts of the articles made from such the imported materials or the parts of the articles materials, shall so appear in the completed articles manufactured from such materials, shall so appear that the quantity or measure thereof may be in the completed articles that the quantity or ascertained:

measure thereof may be ascertained: And provided further, that the drawback on any And provided further, That the drawback on any article allowed under existing law shall be con- article allowed under existing law shall be continued at the rate herein provided. That the im- tinued at the rate herein provided. That the imported materials used in the manufacture or pro- ported materials used in the manufacture or production of articles entitled to draw back of customs duction of articles entitled to drawback of customs duties when exported shall, in all cases where draw- duties when exported shall, in all cases where back of duties paid on such materials is claimed, drawback of duties paid on such materials is be identified, the quantity of such materials used claimed, be identified, the quantity of such mateand the amount of duties paid thereon shall be rials used and the amount of duties paid thereon ascertained, the facts of the manufacture or pro- shall be ascertained, the facts of the manufacture duction of such articles in the United States and or production of such articles in the United States their exportation therefrom shall be determined, and their exportation therefrom shall be deterand the drawback due thereon shall be paid to the mined, and the draw back due thereon shall be paid manufacturer, producer, or exporter, to the agent to the manufacturer, producer, or exporter, to the of either or to the person to whom such manufac- agent of either or to the person to whom such turer, producer, exporter, or agent shall in writing manufacturer, producer, exporter, or agent shallin order such drawback paid, under such regulations writing order such draw back paid, under such as the Seeretary of the Treasury shall prescribe. regulations as the Secretary of the Treasury shall

prescribe. On the exportation of flavoring extracts, medicinal or toilet preparations (including perfumery) hereafter manufactured or produced in the United States in part from domestic alcohol on which an internalrevenue tax has been paid, there shall be allowed a draw back equalin amount to the tax found to have been paid on the alcohol so used. Such drawback shall be determined and paid under such rules and regulations, and upon the filing of such notices, bonds, bills of lading, and other evidence of payment of tax and exportation, as the Secretary of the Treasury shall prescribe.

That on the exportation of medicinal or toilet That on the exportation of flavoring extracts, preparations (including perfumery) hereafter man- medicinal or toilet preparations (including perufactured or produced in the United States in part fumery) hereafter manufactured or produced in the from domestic alcoholon which an internal-revenue United States in part from domestic alcohol on tax has been paid, there shall be allowed a draw- which aninternal-revenue tax has been paid, there back equalın amount to the tax found to have

been shall be allowed a draw back equal in amount to paid on the alcohol so used: Provided, That no the tax found to have been paid on the alcohol so other than domestic tax-paid alcohol shall have used: Provided, That no other than domestic taxbeen used in the manufacture or production of such paid alcohol shall have been used in the manufac preparations. Such drawback shall be determined ture or production of such preparations. Such and paid under such rules and regulations, and drawback shall be determined and paid under such upon the filing of such notices, bonds, bills of lading, rules and regulations, and upon the filing of such and other evidence of payment of tax and exporta- notices, bonds, bills of lading, and other evidence tion, as the Secretary of the Treasury shall prescribe. of payment of tax and exportation, as the Secretary

of the Treasury shall prescribe. Provided, That imported salt in bond may be used in curing fish taken by vessels licensed to engage in the fisheries and in curing fish on the shores of the navigable waters of the United States, under such regulations as the Secretary of the Treasury shall prescribe; and upon proof that the salt has been used for either of the purposes stated in this proviso, the duties on the same shall be remitted: Provided further, That upon the exportation of meats, whether packed or smoked, which have been cured in the United States with imported salt, there shall be refunded from the Treasury, upon satisfactory proof, under

such regulations as the Secretary of the Treasury shall prescribe, that such meats have been cured with imported salt, the duties paid on the salt so used in curing such exported meats, in amounts not less than $100.

[No corresponding provisions in act of 1909.) [No corresponding provisions in act of 1913.)

The provisions of this section shall apply to materials imported and used in the construction and equipment of vessels built for foreign account and ownership, or for the Government of any foreign country, notwithstanding that such vessels may not within the strict meaning of the term be articles exported.

That the provisions of this section shall apply to That the provisions of this section shall apply to materials used in the construction and equipment materials used in the construction and equipment of vessels built for foreign account and ownership, of vessels built for foreign account and ownership, or for the government of any foreign country, not- or for the government of any foreign country, notwithstanding that such vessels may not within the withstanding that such vessels may not within the strict meaning of the term be articles exported. strict meaning of the term be articles exported.

ACT OF 1922.

SEC. 314. That upon the reimportation of articles once exported, of the growth, product, or manufacture of the United States, upon which no internal tax has been assessed or paid, or upon which such tax has been paid and refunded by allowance or drawback, there

shall be levied, collected, and paid

a duty equal to the tax imposed by the internal revenue laws upon such articles, except articles manufactured in bonded warehouses and exported pursuant to law, which shall be subject to the same rate of duty as if originally imported, but proof of the identity of such articles shall be made under general regulations to be prescribed by the Secretary of the Treasury.

ACT OF 1909.

ACT OF 1913.

SEC. 26. That upon the reimportation of articles once exported, of the growth, product, or manufacture of the United States, upon which no internal tax has been assessed or paid, or upon which such tax has been paid and refunded by allowance or drawback, there shall be levied, collected, and paid a duty equal to the tax imposed by the internal-revenue laws upon such articles, except articles manufactured in bonded warehouses and exported pursuant to law, which shall be subject to the same rate of duty as if originally imported, but proof of the identity of such articles shall be made under general regulations to be prescribed by the Secretary of the Treasury.

Sec. IV. * * * P. That upon the reimportation of articles once exported, of the growth, product, or manufacture of the United States, upon which no internal tax has been assessed or paid, or upon which such tax has been paid and refunded by allowance or drawback, there shall be levied, collected, and paid a duty equal to the tax imposed by the internal-revenue laws upon such articles, except articles manufactured in bonded warehouses and exported pursuant to law, which shall be subject to the same rate of duty as if originally imported, but proof of the identity of such articles shall be made under general regulations to be prescribed by the Secretary of the Treasury.

ACT OF 1922.

Sec. 315. (a) That in order to regulate the foreign commerce of the United States and to put into force and effect he policy of the Congress by this Act intended, whenever the President, upon investigation of the differences in costs of production of articles wholly or in part the growth or product of the United States and of like or similar articles wholly or in part the growth or product of competing foreign countries, shall find it thereby shown that the duties fixed in this Act do not equalize the said differences in costs of production in the United States and the principal competing country he shall, by such investigation, ascertain said differences and determine and proclaim the changes in classifications or increases or decreases in any rate of duty provided in this Act shown by said ascertained differences in such costs of production necessary to equalize the same. Thirty days

after the date of such proclamation or proclamations such changes in classification shall take effect, and such increased or decreased duties shall belevied, collected, and paid on such articles when imported from any foreign country into the United States or into any ofits possessions (except the Philippine Islands, the Virgin Islands, and the islands of Guam and Tutuila): Provided, That the totalincrease or decrease of such rates of duty shall not exceed 50 per centum of the rates specified in Title I of this Act, or in any amendatory Act.

(b) That in order to regulate the foreign commerce of the United States and to put into force and effect the policy of the Congress by this Act intended, whenever the President, upon investigation of the differences in costs of production of articles provided for in Title I of this Act, wholly or in part the growth or product of the United States and oflike or similar articles wholly or in part the growth

or product of competing foreign countries, shall find it thereby shown that

the duties prescribedin this Act donot equalize said differences, and shallfurther find it thereby

shown that the said differences in costs of production in the United States and the principal competing country can not be equalized by proceeding under the provisions of subdivision (a) of this section, he shall make such findings public, together with a description of the articles to which they apply, in such detail as may be necessary for the guidance of appraising officers. In such cases and upon the proclamation by the President becoming effective the ad valorem

duty or duty based in whole or in part upon the value of the imported article in the country of exportation shall thereafter be based upon the American selling price, as defined in subdivision (f) of section

402 of this Act, of any similar competitive article manufactured or produced in the United States embraced within the class or kind of imported articles upon which the President has made a proclamation under subdivision (b) of this section.

The ad valorem rate or rates of duty based upon such American selling price shall be the rate found, upon said investigation by the President, to be shown by the said

differences in costs of production nec essary to equalize such differences, but no such rate shall be decreased more than 50 per centum of the rate

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