UNIVERSITY OF FLORIDA
IIrlrlIIIr111262 11 1108421119I0i
3 1262 08482 9067
iendment No. 1
Registry No. 1009-05
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
CELLULOID BUTTON, BUCKLE, AND
AS APPROVED ON JANUARY 15, 1935
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Approved Code No. 400-Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
CELLULOID BUTTON, BUCKLE, AND NOVELTY
As Approved on January 15, 1935
APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR THE CEL-
LULOID BUTTON, BUCKLE AND NOVELTY MANUFACTURING INDUSTRY
An application having been duly made pursuant to and in full.
compliance with the provisions of Title I of the National Industrial
Recovery Act, approved June 16, 1933, for approval of an amendment
to a Code of Fair Competition for the Celluloid Button, Buckle and
Novelty Manufacturing Industry, and opportunity to be heard having
been afibrded all members of said Industry and any objections filed
having been duly considered and the annexed report on said amend-
ment containing findings with respect thereto, having been made and
directed to the President:
NOW, THEREFORE, on behalf of the President of the United
States, the National Industrial Recovery Board, pursuant to author-
ity vested in it by Executive Orders of the President, including Ex-
ecutive Order No. 6859, dated September 27, 1934, and otherwise, does
hereby incorporate, by reference, said annexed report and does find
that said amendment and the Code as constituted after being amended
comply in all respect with the pertinent provisions and will promote
the policy and purposes of said Title of said Act, and does hereby
order that said amendment be and it is hereby approved, and that the
previous approval of said Code is hereby amended to include an
approval of said Code in its entirety as amended.
NATIONAL INDUSTRIAL RECOVERY BOARD,
By W.. A. HARRIMAN, Administrative Officer.
PRENTISS L. COONLEY,
WASHINGTON, D. C.,
January 15, 1935.
REPORT TO THE PRESIDENT
The White House.
Sm: A notice of opportunity to be heard on an amendment to the
Code of Fair Competition for the Celluloid Button, Buckle and
Novelty Manufacturing Industry approved April 20, 1934, as pro-
posed by the Code Authority for this Industry, was published Au-
gust 29, 1934. No objections were received.
Article VI has been amended by deleting therefrom Section 1 (d),
and by substituting in lieu of Section 2 (f), the standard provisions
pertaining to a Code Authority Budget and Basis of Contribution.
Section 1 (e) has been renumbered to read 1 (d).
The Deputy Administrator in his final report to this Board on
said amendment to said Code having found as herein set forth and on
the basis of all proceedings in this matter:
The National Industrial Recovery Board finds that:
(a) The amendment to said Code and the Code as amended are well
designed to promote the policies and purposes of Title I of the Na-
tional Industrial Recovery Act including the removal of obstructions
to the free flow of interstate and foreign commerce which tend to di-
minish the amount thereof, and will provide for the general welfare
by promoting the organization of industry for the purpose of coop-
erative action of I aor and management under adequate governmental
sanction and supervision, by eliminating unfair competitive practices,
by promoting the fullest possible utilization of the present productive
capacity of industries, by avoiding undue restriction of production
(except as may be temporarily required), by increasing the consump-
tion of industrial and agricultural products through increasing pur-
chasing power, by reducing and relieving unemployment, by im-
proving standards of labor, and by otherwise rehabilitating industry.
(b) The Code as amended complies in all respects with the perti-
nent provisions of said Title of said Act, including without limita-
tion Subsection (a) of Section 3, Subsection (a) of Section 7, and
Subsection (b) of Section 10 thereof.
(c) The Code empowers the Code Authority to present the afore-
said amendment on behalf of the Industry as a whole.
(d) The amendment and the Code as amended are not designed
to and will not permit monopolies or monopolistic practices.
(e) The amendment and the Code as amended are not designed
to and will not eliminate or oppress small enterprises and will not
operate to discriminate against them.
(f) Those engaged in other steps of the economic process have not
been deprived of the right to be heard prior to approval of said
For these reasons, this amendment has been approved.
For the National Industrial Recovery Board:
W. A. HARRIMAN,
JANUARY 15, 1935.
AMENDMENT TO CODE OF FAIR COMPETITION FOR
THE CELLULOID BUTTON, BUCKLE AND NOVELTY
Amend Article VI by deleting therefrom Section 1 (d) and renum-
ber 1 (e) to read 1 (d) and by substituting in lieu of Section 2 (f)
(f) 1. It being found necessary in order to support the adminis-
tration of this code and to maintain the standards of fair competi-
tion established hereunder and to effectuate the policy of the Act,
the Code Authority is authorized:
(a) To incur such reasonable obligations as are necessary and
proper for the foregoing purposes, and to meet such obligations out
of funds which may be raised as hereinafter provided and which shall
be held in trust for the purposes of the code;
(b) To submit to the National Industrial Recovery Board for
its approval, subject to such notice and opportunity to be heard as
said Board may deem necessary (1) an itemized budget of its esti-
mated expenses for the foregoing purposes, and (2) an equitable
basis upon which the funds necessary to support such budget shall
be contributed by members of the industry;
(c) After such budget and basis of contribution have been ap-
proved by the National Industrial Recovery Board, to determine and
obtain equitable contribution as above set forth by all members of
the industry, and to that end, if necessary, to institute legal proceed-
ings therefore in its own name.
2. Each member of the industry shall pay his or its equitable
contribution to the expenses of the maintenance of the Code Author-
ity, determined as hereinabove provided, and subject to rules and
regulations pertaining thereto, issued by the National Industrial
Recovery Board. Only members of the industry complying with the
code and contributing to the expenses of its administration as here-
inabove provided, (unless duly exempted from making such con-
tributions), shall be entitled to participate in the selection of mem-
bers of the Code Authority or to receive the benefits of any of its
voluntary activities or to make use of any emblem or insignia of the
National Recovery Administration.
3. The Code Authority shall neither incur nor pay any obligation
substantially in excess of the amount thereof as estimated in its
approved budget, and shall in no event exceed the total amount con-
tained in the approved budget, except upon approval of the Na-
tional Industrial Recovery Board; and no subsequent budget shall
contain any deficiency item for expenditures in excess of prior budget
estimates except those which the National Industrial Recovery
Board shall have so approved.
Approved Code No. 400-Amendment No. 1.
Registry No. 101-0i5.
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