The 1965 act only provided a 3year phaseout period which created undue hardships on the formerly privileged countries of Northern Europe. The bill we are considering now is a remedial measure. It would be in effect only for 4 years. By readjusting the formulas for allotting entry visas. it would correct the inequities that have created a grossly unfavorable situation for the European nations. Moreover. it would provide for a temporary period of additional visas to clear up the fifth preference backlog. While it does not go far enough for certain countries. such as Greece. it does improve the situation to a considerable degree. For this reason.