Amendment to supplementary code of fair competition for the electrical wholesale trade (a division of the wholesaling or...

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Material Information

Title:
Amendment to supplementary code of fair competition for the electrical wholesale trade (a division of the wholesaling or distributing trade) as approved on March 14, 1935
Portion of title:
Electrical wholesale trade
Physical Description:
4 p. : ; 24 cm.
Language:
English
Creator:
United States -- National Recovery Administration
Publisher:
United States Government Printing Office
Place of Publication:
Washington, D.C
Publication Date:

Subjects

Subjects / Keywords:
Electric apparatus and appliances -- Law and legislation -- United States   ( lcsh )
Wholesale trade -- United States   ( lcsh )
Genre:
federal government publication   ( marcgt )
non-fiction   ( marcgt )

Notes

Additional Physical Form:
Also available in electronic format.
General Note:
Cover title.
General Note:
At head of title: National Recovery Administration.
General Note:
"Approved Code No. 201T--Amendment No. 1."
General Note:
"Registry No. 1308-06."

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004936702
oclc - 647975133
System ID:
AA00006406:00001

Full Text




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NATIONAL RECOVERY ADMINISTRATION



AMENDMENT TO SUPPLEMENTARY

CODE OF FAIR COMPETITION
FOR THE

ELECTRICAL WHOLESALE

TRADE

(A Division of the Wholesaling or Distributing Trade)


AS APPROVED ON MARCH 14, 1935


WE DO OUR PART


UNITED STATES
GOVERNMENT PRINTING OFFICE
WASHINGTON: 1935


For sale by the Superintendent of Documents. Washington, D. C. - Price 5 cent,


UNIV. OF1 FL LB.



u.. UMENTSODE
UklalQP


Approved Code No. 201T-Amendment No. 1


Registry No. 1308-06

























This publication is for sale by the Superintendent of Documents, Government
Printing Office, Washington, D. C., and by district offices of the Bureau of
Foreign and Domestic Commerce.

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Approved Code No. 201T-Amendment No. 1


AMENDMENT TO SUPPLEMENTARY CODE OF FAIR
COMPETITION
FOR THE

ELECTRICAL WHOLESALE TRADE

As Approved on March 14, 1935


ORDER

APPROVING AMENDMENT OF SUPPLEMENTARY CODE OF FAIR CU *M PETITION
FOR THE ELECTRICAL WHOLESALE TRADE

A DIVISION OF THE WHOLESALING OR DISTRIBUTING TRADE

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 a mendmllent
to a Supplementary Code of Fair Competition for the Electrical
Wholesale Trade to the Code of Fair Competition for the Wholesal-
ing or Distributing Trade, and hearings having been duly held there-
on, and the annexed report on said amendment, 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 authority
vested in it by Executive Orders of the President, including Execu-
tive Order 6859, dated September 27, 1934, and otherwise, does hereby
incorporate by reference said annexed report, and does find that said
amendment and the Supplementary 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 approved,
and that the previous approval of said Supplementary Code is hereby
amended to include an approval of said Supplementary Code in its
entirety as amended.
NATIONAL INDUSTRIAL RECOVERY BOARD,
By W. A. HARRIMAN, Adinfis8trative Officer.
Approval recommended:
HARRY C. CARR,
Acting Division Administrator.
WASHINGTON, D. C.,
March 14, 1935.
1216150-1603-74---35 (1)












REPORT TO THE PRESIDENT


The PRESIDENT,
The White House.
SmI: This is a report of the Hearing on an amendment to a Supple-
mentary Code of Fair Competition for the Electrical Wholesale
Trade, a division of the Wholesaling or Distributing Trade, said
Supplementary Code being Approved Code No. 201-Supplement
No. 20 and approved by the Administrator for Industrial Recovery
on August 13, 1934. The Hearing on this amendment was held at
1320 G Street on Thursday, January 24, 1935.
This Supplementary Code has been amended by inserting the words
" or offer to grant after the word grant and or offer to allow "
after the word allow in Section 8 of Article IV so that the Section
reads as follows:
SECTION 8. It shall be an unfair trade practice for a member
of the Trade to grant or offer to grant to a customer a discount for
cash at a percentage greater than the percentage of discount for cash
received by such member of the Trade on the same merchandise, or
to allow or offer to allow extra discounts for anticipation of pay-
ment, or to allow or offer to allow a discount for cash on accounts
remaining unpaid after the tenth of the calendar month following
date of shipment, or to grant or offer to grant any discount for cash
where payment is made by warrant, note or trade acceptance."
The Deputy Administrator in his final report to the National In-
dustrial Recovery Board on said amendment to said Supplementary
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 to said Supplementary Code and the Sup-
plementary 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 obstructions to the free flow of inter-
state 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 governmental sanction and
supervision, by eliminating unfair competitive practices, by promot-
ing 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 consumption of
industrial and agricultural products through increasing purchasing
powers, by reducing and relieving unemployment, by improving
standards of labor, and by otherwise rehabilitating industry.
(b) The Supplementary Code as amended complies in all respects
with the pertinent provisions of said Title of said Act, including









without limitation Subsection (a) of Section 3, Subsection (a) of
Section 7, and Subsection (b) of Section 10 thereof.
(c) The National Electrical Wholesalers Association was and is
a trade association truly representative of the aforesaid Trade, and
that said Association imposed and imposes no inequitable restric-
tions on admission to membership therein, and consents to this
amendment.
(d) The amendment and the Supplementary Code as amended
are not designed to and will not permit monopolies or monopolistic
practices.
(e) The amendment and the Supplementary 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 the approval of
this amendment to the Supplementary Code.
For these reasons this amendment to the above-named Supple-
mentary Code has been approved.
For the National Industrial Recovery Board:
W. A. HARRIMAN,
Administrative Officer.
MARCH 14, 1935.




















AMENDMENT TO SUPPLEMENTARY CODE OF FAIR
COMPETITION FOR THE ELECTRICAL WHOLESALE
TRADE

A DIVISION OF THE WHOLESALING OR DISTRIBUTING TRADE

The Supplementary Code of Fair Competition for the Electrical
Wholesale Trade, a division of the Wholesaling or Distributing
Trade, is hereby amended by changing Article IV, Section 8 so that
Section 8 reads as follows:
SECTION 8. It shall be an unfair trade practice for a member of
the Trade to grant or offer to grant to a customer a discount for cash
at a percentage greater than the percentage of discount for cash
received by such member of the Trade on the same merchandise, or
to allow or offer to allow extra discounts for anticipation of payment,
or to allow or offer to allow a discount for cash on accounts remain-
ing unpaid after the tenth of the calendar month following date of
shipment, or to grant or offer to grant any discount for cash where
payment is made by warrant, note or trade acceptance.
Approved ('ode No. 201T-Amendmientl No. 1.
Registry No. 1308-1)6.
(4)













































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