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LETTER OF TRANSMITT

UNITED STATES TARIFF COMMISSION,
Washington, March 29, 1933.

The PRESIDENT OF THE SENATE,

Washington, D.C.

SIR: I have the honor to transmit herewith a report in answer to paragraphs 10 and 11 of Senate Resolution 325, Seventy-second Congress. Section I deals with tariff bargaining under conditional and unconditional most-favored-nation treaties. Section II contains an annotated list of the commercial treaties and agreements of the United States now in force. Section III lists all international treaties in force on January 1, 1933, pledging most-favored-nation treatment in the matter of customs duties.

The Commission's report on other phases of the same Senate resolution has been submitted under the title, "An Economic Analysis of the Foreign Trade of the United States in Relation to the Tariff", Senate Document No. 180, Seventy-second Congress, second session.

Respectfully,

ROBERT L. O'BRIEN,

Chairman.

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