MALACAÑANG PALACE
ManilaBY THE PRESIDENT OF THE PHILIPPINES
Proclamation No. 393
REDUCING DURING A CERTAIN PERIOD THE IMPORT DUTY ON HUSKED NON-GLUTINOUS RICE FROM 5 TO 4 CENTAVOS PER KILO.
Having found after due investigation that, because of the crop shortage, the prevailing price of native rice has risen to levels higher than those of the same period during the last three years, which, if not checked at once may bring distress to the people; and considering that a reasonable reduction in the duty now being levied on imported rice will make it possible to control the price of rice within reasonable levels, without harming the interests of palay producers; and as such a reduction will redound to the benefit of the public, particularly the consumers, I, Manuel L. Quezon, President of the Philippines, by virtue of the powers conferred upon me by the Constitution and by section three of Act Numbered Thirty-nine hundred eighteen entitled "An Act amending paragraphs two hundred and fifteen and two hundred and seventeen of the Act of...
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Proclamations
Reducing During A Certain Period the Import Duty on Husked Non-Glutinous Rice from 5 To 4 Centavos Per Kilo
Proclamation No. 393
Proclamation No. 393
Reducing Import Duty on Husked Non-Glutinous Rice
- Import duty on husked non-glutinous rice reduced from 5 to 4 centavos per kilo for a certain period.
• This reduction is effective from the date of the proclamation up to April 7, 1939. (Section 1)
• The reduction aims to control the price of rice within reasonable levels without harming the interests of palay producers. (Preamble)
• The prevailing price of native rice has risen to levels higher than those of the same period during the last three years due to crop shortage, which may bring distress to the people if not checked. (Preamble)
• The reduction is based on the powers conferred upon the President by the Constitution and Section 3 of Act No. 3918, which amends paragraphs 215 and 217 of the Act of Congress of August 5, 1909. (Preamble)
• The reduction is upon the recommendation of the Secretary of Finance. (Preamble)
Reducing Import Duty on Husked Non-Glutinous Rice
- Import duty on husked non-glutinous rice reduced from 5 to 4 centavos per kilo for a certain period.
• This reduction is effective from the date of the proclamation up to April 7, 1939. (Section 1)
• The reduction aims to control the price of rice within reasonable levels without harming the interests of palay producers. (Preamble)
• The prevailing price of native rice has risen to levels higher than those of the same period during the last three years due to crop shortage, which may bring distress to the people if not checked. (Preamble)
• The reduction is based on the powers conferred upon the President by the Constitution and Section 3 of Act No. 3918, which amends paragraphs 215 and 217 of the Act of Congress of August 5, 1909. (Preamble)
• The reduction is upon the recommendation of the Secretary of Finance. (Preamble)