such action. In any case the report and findings of the Tariff Commission and the decision of the President shall be made at the earliest possible date and in any event not more than 25 calendar days after the submission of the case to the Tariff Commission.

sec. 22 of AAA,

(b) Subsection (f) of section 22 of the Agricultural Amendment of Adjustment Act, as amended, is hereby amended to read as amended. as follows:

"(f) No trade agreement or other international agreement heretofore or hereafter entered into by the United States shall be applied in a manner inconsistent with the requirements of this section."

(c) Subsection (b) of section 22 of the Agricultural Adjustment Act, as amended, is amended by adding at the end thereof the following:

"In any case where the Secretary of Agriculture determines and reports to the President with regard to any article or articles that a condition exists requiring emergency treatment, the President may take immediate action under this section without awaiting the recommendations of the Tariff Commission, such action to continue in effect pending the report and recommendations of the Tariff Commission and action thereon by the President." [Added by Trade Agreements Extension Act of 1953, Public Law 215, 83d Congress (67 Stat. 472).]

SEC. 9. (a) The second sentence of section 2 (a) of the Act entitled "An Act to amend the Tariff Act of 1930", approved June 12, 1934, as amended, is amended by striking out the word "sections" and inserting in lieu thereof the word "section" and by striking out "and 516 (b)".

(b) Subsection (c) of section 17 of the Customs Administrative Act of 1938, as amended, is hereby repealed.

SEC. 10. The enactment of this Act shall not be con- GATT. strued to determine or indicate the approval or disapproval by the Congress of the Executive Agreement known as the General Agreement on Tariffs and Trade. SEC. 11. The President shall, as soon as practicable, Importation of take such measures as may be necessary to prevent the importation of ermine, fox, kolinsky, marten, mink, muskrat, and weasel furs and skins, dressed or undressed, which are the product of the Union of Soviet Socialist Republics or of Communist China.

Approved June 16, 1951.

certain furs. Restriction.

PUBLIC LAW 464-83d CONGRESS

AN ACT

To extend the authority of the President to enter into trade agreements under section 350 of the Tariff Act of 1930, as amended.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That 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, 1954.

SEC. 2. No action shall be taken pursuant to such section 350 to decrease the duty on any article if the President finds that such reduction would threaten domestic production needed for projected national defense requirements.

SEC. 3. The enactment of this Act shall not be construed to determine or indicate the approval or disapproval by the Congress of the Executive agreement known as the General Agreement on Tariffs and Trade.

Approved July 1, 1954.

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SECTION 22 OF THE AGRICULTURAL ADJUSTMENT ACT, AS AMENDED

SEC. 22. (a) Whenever the Secretary of Agriculture has reason to believe that any article or articles are being or are practically certain to be imported into the United States under such conditions and in such quantities as to render or tend to render ineffective, or materially interfere with, any program or operation undertaken under this title or the Soil Conservation and Domestic Allotment Act, as amended, or section 32, Public Law Numbered 320, Seventy-fourth Congress, approved August 24, 1935, as amended, or any loan, purchase, or other program or operation undertaken by the Department of Agriculture, or any agency operating under its direction, with respect to any agricultural commodity or product thereof, or to reduce substantially the amount of any product processed in the United States from any agricultural commodity or product thereof with respect to which any such program or operation is being undertaken, he shall so advise the President, and, if the President agrees that there is reason for such belief, the President shall cause an immediate investigation to be made by the United States Tariff Commission, which shall give precedence to investigations under this section to determine such facts. Such investigation shall be made after due notice and opportunity for hearing to interested parties, and shall be conducted subject to such regulations as the President shall specify.

(b) If, on the basis of such investigation and report to him of findings and recommendations made in connection therewith, the President finds the existence of such facts, he shall by proclamation impose such fees not in excess of 50 per centum ad valorem or such quantitative limitations on any article or articles which may be entered, or withdrawn from warehouse, for consumption as he finds and declares shown by such investigation to be necessary in order that the entry of such article or articles will not render or tend to render ineffective, or materially interfere with, any program or operation referred to in subsection (a) of this section, or reduce substantially the amount of any product processed in the United States from any such agricultural commodity or product thereof with respect to which any such program or operation is being undertaken: Provided, That no proclamation under this section shall impose any limitation on the total quantity of any article or articles which may be entered, or withdrawn from warehouse, for consumption which reduces such permissible total quantity to proportionately less than 50 per centum of the total quantity of such article or articles which was entered, or withdrawn from warehouse, for consumption during a representative period as determined by the President: And provided further, That in designating any article or articles, the President may describe them by physical qualities, value, use, or upon such other bases as he shall determine.

41

In any case where the Secretary of Agriculture determines and reports to the President with regard to any article or articles that a condition exists requiring emergency treatment, the President may take immediate action under this section without awaiting the recommendations of the Tariff Commission, such action to continue in effect pending the report and recommendations of the Tariff Commission and action thereon by the President.

(c) The fees and limitations imposed by the President by proclamation under this section and any revocation, suspension, or modification thereof, shall become effective on such date as shall be therein specified, and such fees shall be treated for administrative purposes and for the purposes of section 32 of Public Law Numbered 320, Seventy-fourth Congress, approved August 24, 1935, as amended, as duties imposed by the Tariff Act of 1930, but such fees shall not be considered as duties for the purpose of granting any preferential concession under any international obligation of the United States.

(d) After investigation, report, finding, and declaration in the manner provided in the case of a proclamation issued pursuant to subsection (b) of this section, any proclamation or provision of such proclamation may be suspended or terminated by the President whenever he finds and proclaims that the circumstances requiring the proclamation or provision thereof no longer exist or may be modified by the President whenever he finds and proclaims that changed circumstances require such modification to carry out the purposes of this section.

(e) Any decision of the President as to facts under this section shall be final.

(f) No trade agreement or other international agreement heretofore or hereafter entered into by the United States shall be applied in a manner inconsistent with the requirements of this section.

The CHAIRMAN. As the announcement of the hearings indicated,. the hearings are being held on H. R. 1 and they will be confined to the tariff recommendations contained therein.

Today our first witness will be the Honorable John Foster Dulles, the Secretary of State, who will be followed by the Honorable Ezra Taft Benson, Secretary of Agriculture, and the Honorable Harold E. Stassen, Director, Foreign Operations Administration.

On Tuesday we will resume hearing the views of Cabinet officials by hearing from the Honorable Sinclair Weeks, Secretary of Commerce, the Honorable Charles E. Wilson, Secretary of Defense, the Honorable George M. Humphrey, Secretary of the Treasury, and the Honorable James P. Mitchell, Secretary of Labor.

Mr. Secretary, the committee is pleased to have you present today, and we now recognize you for your statement to the committee.

Mr. REED. Mr. Chairman, I wish to join in those sentiments.

We are delighted to see you here. I think that you are one of the busiest men that I know of in this country, and I am surprised that you could really find time to get here. Thank you very much, sir, for being here.

Chairman COOPER. We all concur in that statement. delighted to have you. You are recognized for your statement.

STATEMENT OF HON. JOHN FOSTER DULLES,
SECRETARY OF STATE

We are

Secretary DULLES. Mr. Chairman and members of the committee,. it is my privilege to appear before you in support of the foreign economic program which President Eisenhower outlined in his message to Congress on January 10. Specifically, I am here to urge the enactment of H. R. 1, which extends the Trade Agreements Act.

I appear because I am convinced that the enactment of that bill will promote the security and the welfare of the United States.

Today we recognize that that security and welfare cannot be achieved without cooperative relations with other nations. We need to have partners in the great task of preserving human liberty. Fortunately, we do have such partners. The partnership relationship is in many cases expressed by defense or mutual security treaties. By such treaties, including those now pending before the Senate, more than 40 nations are bound to us, and we are bound to them.

Our mutual security treaties serve us indispensably. They create in the aggregate what none of us possesses alone, that is a total power which vastly exceeds that of the Soviet bloc. Also our defense arrangements provide such locations for striking power as make it clear to any potential military aggressor that he stands to lose more than he could gain. Thus there is a powerful deterrent to war.

That is the key to our peace policy. It is a policy which has the overwhelming support of the Nation without regard to party.

It would, however, be a great mistake to assume that our security can be assured merely by treaties of military alliance. Such treaties.