Letter to the Chairman of the United States Tariff Commission About an Investigation of Methods of Valuation on Imports.
[Released July 18, 1932. Dated July 2, 1932]
My dear Mr. Chairman:
I am in receipt of your letter of July 1st in respect to Investigation of Methods of Valuation in Section 642 of the Tariff Act.
I would like to suggest that this investigation should be undertaken by the Commission with the appointment of an advisory body comprising representatives from the Customs Service, the Department of Commerce and such other agencies as the Commission may think desirable to coordinate.
[Hon. Robert L. O'Brien, Chairman, United States Tariff Commission, Washington, D.C. ]
Note: The United States Tariff Commission released the President's message in conjunction with an announcement that it would undertake an investigation of methods used to determine the value of imported products. The findings were published as "Methods of Valuation: Report of the Tariff Commission Under Provisions of Section 642 of the Tariff Act of 1930," (Report No. 70, 2d series, 1933, 116 pp.).
Herbert Hoover, Letter to the Chairman of the United States Tariff Commission About an Investigation of Methods of Valuation on Imports. Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/207242