45. Editorial Note
On August 18, President Eisenhower officially informed the chairmen of the Senate Finance and House Ways and Means Committees that he accepted most of the Tariff Commission’s recommendations on the bicycle case. He concurred with the Commission findings that the ad valorem rate for most imported bicycles should be raised from 15 to 221/2 percent, with the exception of large wheel lightweight bicycles where he determined that the rate should be increased from 71/2 to only 111/2 percent instead of the recommended 221/2 percent. The White House announcement of the President’s action, his proclamation instituting the new rates, and the text of his letters to the Congressional committee chairmen are printed in Department of State Bulletin, September 5, 1955, pages 399–402.