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levels, at least in the early part of the marketing season, and consequently the payments that will be made in 1958 will be low because of the high level back a year ago. The payments are made a year behind in this program.

Mr. SIMPSON. That explains it. My question certainly was not out of order.

Mr. POAGE. No.

Mr. SIMPSON. When you say you have 37.7 cents a pound in 1958, and they said they only spent $20 million-I could not reconcile the figures.

Mr. IMMASCHE. That 37.7 is the average for the first month of the current marketing year. Now we do not know what the average for the full year will finally be. We will not know that until June a year from now.

Mr. SIMPSON. I will ask you one more question. Has the Government surplus of wool been cut since this program has been in effect?

Mr. IMMASCHE. From the old loan program we accumulated about 185 million pounds. We had that much when this program started. That was in the spring of 1955. All of that was disposed of by last December or January.

Mr. SIMPSON. Do you have any surplus wool now?
Mr. IMMASCHE. No, sir.

Mr. SIMPSON. Then as far as this program is concerned on getting rid of surpluses, it has worked?

Mr. IMMASCHE. Well, that was a peculiar surplus. That was a surplus because we were supporting the price of wool at higher than the market.

Mr. Simpson. It wiped out the surplus, and that is the end.

Mr. IMMASCHE. Wool accumulated in our warehouses while foreign wool was being imported to supply our mills. So it was not a true surplus. Our domestic production of wool is less than our total consumption of wool.

Mr. Simpson. If this same program would wipe out the other surpluses, I would be glad to be for it.

Mr. Dixon. Will the gentleman yield to a question?
Mr. SIMPSON. Surely.

Mr. Dixon. May I ask this gentleman, how much does it save the Government for every cent the price of wool goes up?

Mr. IMMASCHE. We figure for each 1 cent the price received in the free market increases saves about $3 million of payments. other words if the average turns out to be 55 cents for the marketing year we have just finished and with the incentive level at 62 cents there will be 7 cents to make up by payments. We figure that would cost about $21 million or $22 million.

Mr. Dixon. Three million for every cent it goes up?
Mr. IMMASCHE. That is a rought rule of thumb figure or ratio.
Mr. Dixon. Thank you.

Mr. MCINTIRE. For the record, Mr. Garland, what is the present duty on wool tops as they are imported into this country?

Mr. GARLAND. I have that information in my briefcase. May I suggest, Mr. Congressman, so there will be no question about it, about the correctness of the answer, that you direct that question to a member of the Department?

Mr. MCINTIRE. It may be put into the record, and whether or not it is on an ad valorem basis, or just what the basis is on which the tariff is assessed.

Mr. IMMASCHE. There are two kinds of tariff. Raw wool carries a specific duty, and that is 25%, cents a pound clean on most wools. Manufactured articles coming in carry both a specific and ad valorem rates of duty. I do not have those rates, but we would be glad to get them for you.

(The data referred to above are as follows:)

The rates of duty which apply to imports of wool and wool manufactures are set forth in Schedule 11 of the Tariff Act of 1930, as amended. Following is a copy of that schedule taken from United States Import Duties (1952) as published by the U. S. Tariff Commission, Miscellaneous Series TC 1.10: Im7/47952, with changes as indicated by Supplements I, II, III, and IV through May 25, 1957.

"Full ratecolumn.-Except in a very few specially identified instances, the rates shown in this column are those specified in the Tariff Act of 1930 or the Internal Revenue Code, as amended, unless identified by an asterisk (*), in which case the rate is one established pursuant to section 336 of the Tariff Act of 1930. The full rates apply to products of the following countries or areas, whether imported directly or indirectly therefrom, as a result of actions taken by the President under section 5 of the Trade Agreements Extension Act of 1951, notifications of which were published in the Treasury Decisions respectively indicated.

Treasury Country or area

Decision Albania

52788 Bulgaria

52828 China (any part of which may be under Communist domination or control) -

52788 Czechoslovakia -

52837 Estonia.

52788 Germany: The Soviet zone and the Soviet sector of Berlin.

52788 Areas under Polish domination or control.-

52877 Hungary -

53012 Indochina (any part of Cambodia, Laos, or Vietnam which may be under Communist domination or control)

52788 Korea (any part which may be under Communist domination or control)-- 52788 Kurile Islands.

52788 Latvia

52788 Lithuania

52788 Outer Mongolia

52788 Poland.

52877 Rumania

52788 Southern Sakhalin.

52788 Tanna Tuva.-

52788 Tibet.

53024 Union of Soviet Socialist Republics.

52877 If a product of any foreign country or area not named or described in the preceding paragraph, except the Philippine Republic, is classifiable under : description for which no rate is specified in the “Reduced rate” column, such product also is subject to the rate of duty specified for its description in the "Full rate” column.

Reduced ratecolumn.-The rates in this column are the reduced rates established pursuant to trade agreements entered into under section 350 of the Tariff Act of 1930, as amended. They apply to products of any foreign country or area, except the Philippine Republic, which is not named or described in the above list.

SCHEDULE 11.-Wool and manufactures of

Description

Full rate

Par.
No.

Reduced rate

1101 (a)

(b)

Aleppo, Arabian, Bagdad, Black Spanish,

Chinese, Cordova, Cyprus, Donskoi,
East Indian, Ecuadorean, Egyptian,
Georgian, Haslock, Iceland, Kerry,
Manchurian, Mongolian, Oporto, Per-
sian, Pyrenean, Sardinian, Scotch Black-
face, Sistan, Smyrna, Sudan, Syrian,
Thibetan, Turkestan, Valparaiso, and
Welsh Mountain wools; similar wools
without merino or English blood; and
other wools of whatever blood or origin
not finer than 40s; all the foregoing:
In the grease or washed.

24¢ per lb. of clean con- 13€ per lb. of clean con-
tent.

tent. On the skin.

22€ per lb. of clean con- 11° per lb. of clean content.

tent. Scoured

27€ per lb. of clean con- 16€ per lb. of clean content.

tent. Sorted, or matchings, not scoured. 25€ per lb. of clean con- 14€ per lb. of clean con

tent.

tent.
Hair of the camel:
In the grease or washed.

24¢ per lb, of clean con

tent. On the skin

22€ per lb. of clean con

tent. Scoured..

27€ per lb. of clean con

tent.
Sorted, or matchings, not scoured... 25€ per lb. of clean con-

tent.
Provided, That a tolerance of not over 10%

of wools not finer than 44s may be al-
lowed in each bale or package of wools

imported as not finer than 40s.
Any of the foregoing may be entered or

withdrawn from warehouse without the
payment of duty by a dealer, manufac-
turer, or processor upon the filing of a
bond to insure that any hair or wool
entered or withdrawn thereunder shall
be used only in the manufacture of
camel's hair belting, felt or knit boots,
floor coverings, heavy fulled lumber
men's socks, or press cloth. A dealer,
manufacturer, or processor may be re-
lieved of liability under his bond with
respect to any hair or wool so entered or
withdrawn which is transferred in its
imported or any other form to another
dealer, manufacturer, or processor who
has filed a bond to insure that the mer-
chandise so transferred shall be used only
in the manufacture of the above-enum-
erated articles. If any hair or wool so
entered, withdrawn, or transferred under
bond is used or transferred for use in its
imported or any other form in any man.
ner otherwise than in the manufacture
of the articles enumerated above, duty
shall be levied, collected, and paid on the
merchandise so used or transferred in
violation of the bond as follows:
White soft wastes and white threads | 76 of the regular duties 78 of the current duties

resulting in the usual course of man- applicable to hair or applicable to hair or

ufacture of such enumerated articles. wool in like condition. wool in like condition. Noils resulting in the usual course of 78 of the regular duties 76 of the current duties

manufacture of such enumerated applicable to noils. applicable to noils.
articles.
Other merchandise resulting in the Free....

usual course of manufacture of such
enumerated articles which cannot
be used (with or without further
preparation) in the usual course of
manufacture of such enumerated
articles, or which is destroyed or
exported.
Hair or wool other than a waste or by. The regular duties ap- The current duties ap-

product described in any of the three plicable to hair or plicable to hair or
foregoing subdivisions.

wool in the condition wool in the condition in which so used or in which so used or transferred.

transferred.

SCHEDULE 11.-Wool and manufactures of—Continued

[graphic]

1102 (a) Wools n. s. p. f, not finer than 44s: In the grease or washed.

29€ per lb 1

17é per lb. On the skin..

27é per lb

15€ per lb. Sco ired...

324 per lb

20€ per lb.
Sorted, or matchings, not scoured. 30€ per lb.

18€ per lb.
Provi led, That a tolerance of not over
10% of wools not finer than 46s may be
allowe i in each bale or package of wools

imported as not finer than 44s.
(b) Wools n. s. p. f.:
In the grease or washed.

34¢ per lb

25%é per lb. On the skin..

324 per lb

246 per lb. Scorired.

37€ per lb

2774€ per lb.
Sorted, or matchings, not scoured. 35€ per lb

2674€ per lb.
Hair of the alpaca, llama, and vicuna:
In the grease or washed.

344 per lb

9é per lb. On the skin..

32¢ per lb

8€ per lb. Sco'ired...

374 per lb

1023€ per Ib.
Sorted, or matchings, not scoured. 35é per lb

942é per lb.
Hair of the Angora goat:
In the grease or washed.

34¢ per lb

22é per lb. On the skin..

32é per lb

20€ per lb. Scorred...

37€ per lb

25€ per lb.
Sorted, or matchings, not scoured. 35° per lb.

23° per lb.
Hair of the Cashmere goat:
In the grease or washed.

34€ per lb..

18€ per lb. On the skin.

32€ per lb

16€ per lb. Scoured

37€ per lb.

21° per lb. Sorted, or matchings, not scoured.. 35é per lb.

19€ per lb. 1 As used throughout paragraph 1102, the term "Ib.” means pound of clean content. NOTE.-By a proclamation of the President (TD 54212) the ad valorem part of the rate shown in the "Re luced rate” column of paragraph 1108 and paragraph 1109 (a) is applicable during each calendar year be zinning January 1 in 1957 and in subsequent years, only to a quantity by weight of fabrics described in th se paragraphs which the President shall have found to be not less than 5 percent of the average andral production in the United States during the three immediately preceding calendar years of fabrics similar to s'ich fabrics. This "tariff rate" quota will be published in the Federal Register. The ad valorem part of the duty applicable to overquota fabrics entered, or withdrawn from warehouse, for consumption is 45 percent.

Articles provided for in the proviso to paragraph 1111, and articles provided for in paragraph 1122, of the Tariff Act of 1930. are not corinted in the quota above, but are subject to the increased ad valorem daty when entered, or withdrawn from warehouse, for consumption after the quota for the period is filled,

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