Approved Code No. 294-Amendment No. 1
Registry No. 404-09
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
GUMMED LABEL AND
EMBOSSED SEAL INDUSTRY
AS APPROVED ON OCTOBER 11, 1934
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Approved Code No. 294-Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
GUMMED LABEL AND EMBOSSED SEAL
As Approved on October 11, 1934
APPROVING AMENDMENT TO THE CODE OF FAIR COMPETITION FOR THE
GUlMMED LABEL AND EMBOSSED SEAL 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 amendments
to a Code of Fair Competition for the Gummed Label and Embossed
Seal Industry, and hearing having been duly held thereon and the
annexed report on said amendments, 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 Exe-
cutive 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 respects 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 ap-
proved, and that the previous approval of said Code is hereby
amended to include an approval of said Code in its entirety as
NATIONAL INDUSTRIAL RECOVERY BOARD,
By G. A. LYNCH, Administrative Officer.
JOSEPH F. BATTLE,
Acting Division Administrator.
WASHINGTON, D. C.,
October 11, 1934.
REPORT TO THE PRESIDENT
The White House.
SIR: This is a report on an amendment of the Code of Fair Com-
petition for the Gummed Label and Embossed Seal Industry which
was approved by you on February 17, 1934.
The effect of this amendment will enable the Code Authority to
submit a budget and basis of assessment and give it the power to
institute legal proceedings, if necessary, for the collection of said
The Deputy Administrator in his final report on said amendment
of said Code having found as herein set forth and on the basis of
all the proceedings in this matter:
The Board finds that:
(a) The amendment of said Code and the Code as amended are
well designed to promote the policies and purposes of Title I of the
National Industrial Recovery Act including the removal of obstruc-
tions to the free flow of interstate and foreign commerce which tend
to diminish the amount thereof, and will provide for the general
welfare by promoting the organization of industry for the purpose
of cooperative action of labor and management under adequate gov-
ernmental sanction and supervision, by eliminating unfair competi-
tion, promoting the fullest possible utilization of the present produc-
tive capacity of industries, by avoiding undue restriction of produc-
tion (except as may be temporarily required), by increasing the
consumption of industrial and agricultural products through in-
creasing purchasing power, by reducing and relieving unemployment,
by improving standards of labor, and by otherwise rehabilitating
(b) The Code as amended complies in all respects with the per-
tinent provisions of said Title of said Act, including without limita-
tion sub-section (a) of Section 3, sub-section (a) of Section 7 and
sub-section (b) of Section 10 thereof.
(c) The Code empowers the Code Authority to propose the
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.
NATIONAL INDUSTRIAL REcovERT B.ARD,
By G. A. LYNCH, Administrative Officer.
OCTOBER 11, 1934.
AMENDMENT TO CODE OF FAIR COMPETITION FOR THE
GUMMED LABEL AND EMBOSSED SEAL INDUSTRY
Delete Section 5 of Article II and in lieu thereof insert:
5. (a) It being found necessary in order to support the adminis-
tration of this Code and to maintain the -tan' lards of fair competi-
tion established hereunder and to effe'tiatL: the policy of the Act.,
the Code Authority is authorized:
1. 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.
2. To submit to the National Ind-lutrial Recoverv Board for its
approval, subject to such notice and opportunity to be heard as it
may deem necessary (a) an itemized budget of its estimated expenses
for the foregoing purposes, and (b) an equitable basis upon which
the funds necessary to support iuchl budget shall be contributed by
members of the Industry.
3. After such budget and basis of contribution have been approved
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 proceedings
therefore in its own name.
(b) Each member of the Industry shall pay his or its. equitable
contribution to the expenses of the maintenance of the Code Au-
thority, determined as hereinabove provided, and subject to rules
and regulations pertaining thereto issued by the National Indus.,trial
Recovery Board. Only members of the Inldustry complying with
the Code and contril)ting to the expenses, of its administration as
hereinabove provided, unless (lduly exempted from making such con-
tributions, shall be entitled to participate in the selection of members
of the Code Authority or to receive the benefits of any of its volun-
tary activities or to make use of any emblem or in.signia of the
National Recovery Administration.
(c) The Code Authority shall neither incur nor pay any obliga-
tion 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 National
Industrial Recovery Board; and no subsequent budget shall contain
any deficiency item for expenditures in excess of prior budget esti-
mates except those which the National Industrial Recovery Board
shall have so approved.
Approved Code No. 294-Amrendment No. 1.
Registry No. 404-09.
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