UNIVERSITY OF FLORIDA
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3 1262 08482 9216
Peor sl by the Superintendeasl of Documecnts. Waeldngin. D. C. - Price 5 rcase
sendrnent No. 2
Registry No. 1009--1--02
NATIONAL RECOVERY ADllllNISTRATION
CODE OF FAIR COMPETITION
FRESH WATER PEARL BUTTON
MANUFACTU RI NG INDUSTRY
AS APPROVED ON DECEMBSER 7, 1934
WE DO OUR PART
GOVERNMENT PRINTING OFFICE
This publication is for sale by the Superintendent of Documents, Government
Printing Office, Wlashington, D.C., and by district offices of the Bureau of
Foreign and Domestic Commerce.
DISTRICT OFFICES OF THE DEPARTMlrENT OF COMMIERCB
Atlanta, Ga.: 504 Post Office B3uilding.
Birminghamn, Ala.: 257 Federal Building.
Boston, Mass.: 1801 Customhouse.
Buffalo, N.Y.: Chamber of Commerce Building.
Charleston, S.C.: Chamber of Commerce Building.
Chicago, Ill.: Suite 1706, 201 North Wells Street.
Cleveland, Ohio: Chamber of Commerce.
Dallas, Tex.: Chamber of Commerce Buildiing.
Detroit, Mlich.: 801 First National Bankr Building.
Houston, Tex.: Chamber of Commerce Building.
Indianapolis, Ind.: Chamtber of Commerce Building.
Jackisonville, Fla.: Chamber of Commerce Building.
Kansas City, Mo.: 1028 Baltimore Avenue.
Los Angeles, Calif.: 1163 South Broadway.
Louisville, Ky.: 408 F~ederal Building.
Memphis, Tenn.: 229 Federal Building.
Minneapo~lis, Mlinn.: 213 Federal Building.
New Orleans, La.: Room 225-A, Custombouse.
New Yorkr, N.Y.: 734 Customhouse.
Norfolk, Va.: 406 East Plumze Street.
Philadelphia, Pa.: 422 Comnmercial Trust Building.
Pittsburgh, Pa.: Chamber of Commerce Building.
Portland, Oreg.: 215 Newp Post Office Building.
St. Louis, Mo.: 506 Olive Street.
San F'rancisco, Calif.: 310 Customhouse.
Seattle, W;ash.: 809 Federal Office Building.
Approved Code No. 310--Amendment No. 2
ArMEN\DMEN1IT` TO CODE OF FAIR COMV1PETITI[ON
FR]ESHI WATER PEARL BUIP1TTON
As Approved on Dzclem~ber 7, 1934
~Areson\sc AMIENDMIENT OF CODE OF FAIR COMPIIETI'TIONI FOR TH3E
FRESHI TATER PEAL BIUITON B/ANUFAOTU7RING INTDUSTRYI
An application having been duly made pursuant to and in full
compliance w~ith the provisions of Title I of the National Indusltrial
Recovery Act, approved June 16i, 1933, for approval of an amend-
mlent to a Code of Fair Competition for thne Fresh W~ater Pearl
Button M~anulfacturing Industry,, and Notice of Opour~tunit~y to be
Heard having been duly afforded all mlembllers of the Industry and
the annexed report on said amendment, containing findings wFIith
respect thereto, having been made and directed to the Presidlent:
NOWV, THER]EFOIRE, on behalf of the Presiden~rt of the United~
States, the National Industrial RcoverS ]Bo~ard, pulrsuant to au-
thority vestedl in it by Executive Ordercls of the Pres~idetnt, including
Executive Ord-er No. 63859, daltedl Septe3mber 27, 1034, and otherwise,
does hereby incorporate, by reference, said annexed report and does
find that said amlendmlent and the Code as constituted after beingl
am~ndled comply in all respects with the pertinent provisions and
will promote the policy anld purpo~cses of said Title of said A4ct, andl
does thereby order that said amendment be acnd~ it is thereby approve\-d,
and that the prent\ous ap~prova"l of said Code is herebyT ament'lded to
include an. appro-val of said Code in its entirety as amnclded..
IPREN.TI8s L., COONLEY,
Acting Dlivestion Adm1~inistcralor
WASHINICTON, D. C.,
December 7, 193j~..
REPORT TO THE PRESIDENT
The White Hrowle.
SIR: A N~otice of Opportunity to be Heard on an amendment to
the Code of Fair Comnpetition for the Fresh WC1ater Pearl Button
Manufacturing Industry approved February 26, 1934, as proposed by
the Code Authority for this Industry, was published At~ugust 17, 1934.
No objections were received.
Section 2 (f) of Article VI, has been amended by substituting in
lieu thereof the standard provisions pertaining to a Code Authority
Budget andl Basis of Contribution. Section 1 (dl) of Article V7I has
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 :
T'he National Industrial Recovery Board finds that:
(a) The amendment to said Code and thne Code as amended are
well designed to promote the policies and purposes of Title I of the
National Industrial Reco~very 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 go~v-
ernmental sanction and supervision, by eliminating unfair competi-
tive practices, by promoting the fullest possible utilization of the
present productive capacity of industries, by avoiding undue restric-
tion of production (except as may be temporarily required), by
increasing the consumption of industrial and agricultural products
through increasing purchasing power, by reducing and relieving
unemployment, by improving standards of labor, and by otherwise
(b) The Code as amended complies in all respects with the perti-
nent provisions of said Title of said Act, including without limlita-
tion Subsection (a) of Section. 3, Subsection (a) of Section 7, and
Subsection (b) of Section 10 thereof.
(c) Th~e 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 amend~menzt and the Code as amended are not designed to
ndwill niot elimninate or oppress small enterprises and will not
operate to discriminate against them.
(f) Those engaged in other steps of thne economics process have not
been deprived of the right to be heard prior to approval of said
For these reasons, this amlendmnent has been approved.
For the N~ationlal Indlustrial Recovery Board:
WV. A. H~nnrnEr,
DECHBER7, 184.Administra~tive Of)Ecer.
~AMIEN~iDMrENT TO CODE OFI FAIR COMPETITION FOR THE
FRXESH- WlATER, PEARL BUTTON MAr-\NUFiACTURIN\G
Amendl Article VI by deleting therefromu Section 1, (d) and renlum-
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 admninlis-
tr~ation of this code and to maintain the standards of fair competi-
tion established hereundlller and to effectuate the policy of the Act,
the Code Authority is authorized:
(a) To incur such reasonable ob-ligaltions as are neessary and
proper for the foregomng purposes, and to meet such obligations
out of funds which may be raised as hnereinafter provided and
which shall be held in trust for the purposes of the code;
(b) To submit to the National ]Indu ltr~ial 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
estimated exnses-l~c for the foregoing purposes, and (2) an equi-
table 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 cont-ribution have been.
approved by the National Industrial Recoveryr Board, to deter-
mline and obtain equitable contribution as above set forth by all
members~~l of the industry, and to that end, if necessary, to insti-
tute legal proceedings therefore in its own1 name.
2. Each member of the industry shall pay his or its equitable con-
tribution to the expenses of the maintenance of the Code Authority,
determined as hereinabove provided, and subject to rules and regu
lations pertaining there~to, issuedtl by the National Indus~ctr~in Re
cover B~oard. Only members of the industry complying with the
code and contributing to the expenses of its administration as here-
inabove provided, (unless dulyr exemp~ted from making such contri-
butions), 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 maklle use of any emblem or insignia of the
National Reco~very Admllinistr~ation.
3. The Code Authorityr shall neither incur nor pay any obligation
Substantially~ in excess of the amount thereof as es~timartedl in its
approved budget, a~nd shall in no event exceed the total amount con-
tained in the approved budget except upon approval of the National
Industrial RecovPery Board; and nuo subsequent budget shall contain
any deficiency item for expendlitulres in excess of prior budget esti-
anates except those which the National Industrial Recovery Board
shall hiave so approved.
Approved Code No. 310-A8mendment No. 2.
Reg'istry~ N~o. 1000'c-1-02.
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