Gerald R. Ford

“ Section 2 (d) of the Act provides that the President may increase the total quantity proclaimed pursuant to Section 2 (c) of the Act if he determines and proclaims that such action is required by overriding economic or national security interests of the United States, giving special weight to the importance to the nation of the economic well-being of the domestic livestock industry. ”

“ The potential aggregate imports of meat for the calendar year 1976, as estimated by the Secretary of Agriculture, exceeds 110 percent of the adjusted base quantity of meat for the calendar year 1976 estimated by the Secretary of Agriculture and no limitation under the Act is in effect with respect to the calendar year 1976. ”