611.653/101: Telegram

The Secretary of State to the Ambassador in Italy ( Phillips )

48. Your 211, June 1, noon. With reference to Guarnieri’s statement that Italian exporters sell abroad at world market prices and not at dumping prices, it should be observed that the contemplated action of which the Italian Government has been notified does not depend upon the price at which exports are offered but upon whether a bounty or grant within the meaning of section 303 of the Tariff Act of 1930 has been paid or bestowed upon the production or exportation of the article in question.