13. Letter From the President’s Deputy Assistant (Persons) to the Chairman of the Subcommittee on Foreign Trade Policy (Boggs)1
Dear Mr. Boggs : In your letter to the President, dated April 8, 1957,2 you requested from the Executive Branch “an analysis of the requirements and objectives of foreign economic policy … ,3 the manner in which the various instruments of policy are designed to effect these objectives, including the relationship of our trade and tariff policy to other components of foreign economic policy, whether the various components of foreign economic policy constitute an integrated and adequate program and what our foreign economic policy in general and trade and tariff policy in particular can properly be expected to accomplish.” You also asked for the Administration’s views on “the appropriateness of the existing trade agreements legislation and administration in the light of general policy objectives,” and proposals for revision of existing legislative provisions where appropriate.
Attached is a report, submitted on behalf of the Executive Branch in response to your request, for the use of the Subcommittee on Foreign Trade Policy. This material is supplemented by the more detailed reports4 from the various Departments concerned and the Office of Defense Mobilization, prepared in response to your separate requests to them.
As noted in the letter to you of April 13, 1957 from Mr. I. Jack Martin,5 Administrative Assistant to the President, the detailed views of the Administration with respect to the form of the trade agreements legislation next year will not be determined until later this year. For this reason, it has not been possible to include in the report comments on specific features of the trade agreements legislation. It may be said, however, that the Executive Branch strongly favors the continuation of the reciprocal trade agreements legislation.[Page 59]
It is hoped that the attached paper together with the reports from the various Departments and Agencies will be useful to the Subcommittee.
- Source: Eisenhower Library, CFEP Records. Official Use Only. Formerly the Subcommittee on Customs, Tariffs and Reciprocal Trade of the House Ways and Means Committee, the Subcommittee on Foreign Trade Policy was reestablished by the 85th Congress to conduct a study of U.S. foreign trade in the context of general U.S. foreign economic policy. One of the subcommittee’s objectives was to consider questions relating to the extension of the Trade Agreements Act of 1955, scheduled to expire on June 30, 1958.↩
- A copy of this letter is ibid.↩
- Ellipsis in the source text.↩
- Not printed. (Eisenhower Library, CFEP Records)↩
- Not printed. (Ibid.)↩
- Printed from a copy which bears this typed signature.↩
- Official Use Only.↩
- The Trade Agreements Act (P.L. 316), enacted June 12, 1934, was embodied in Section 350 of the revised Tariff Act of 1930 and entitled “Promotion of Foreign Trade”; for text, see 48 Stat. 943.↩