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Approved Code No. 359--Amendment No. 2
Registry No. 1637--13
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPIPETITION6
AS APPROVED ON APRIL 25, 1935
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Approved Code No. 359--Amendment No.- 2
AMVIENDMIENT T1CO CODE OF FAIR COMPETITION
PR;EFO~RMIED EPLCASTIC PRODUCTST' INDUZSTRYJT
As Approved on April 25, 1935
APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR THE
.PREFORMED PLASTIC PRODUCTS INDUSTRY
An a.pplication having beenr 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 Preformed Plastic Products
Industry, and Notice of Opportunity to be Heard having been duly
published thereon, and the annexed report on said amendment, con-
taininga findings with respect thtereto, having been made and directed
to the President:
NOW,; TIHE~REFORE, on behalf of the Presidenlt of the United
States, the National Industrial Recovery Board, pursuant to author-
ity vested in it by Executive Orders of the President, including Exec-
utive Order Number 6859, and otherwise; does thereby 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 thereby 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 WT. A. HARRIMAN, Ad~min~istrative Offleer.
W. 1P. ExtIS,
T~VASHINGTON, D. C.,
April 95, 1935.
132000 *---1749-62---85 (1)
REPORT T`O THE PRESIDENT
ThTze WFiThite House.
SmR: An application has been duly made pursuant to and in full
compliance with the provisions of the National Industrial Re~covery
Act for an anmedmnt to thne Code of Fair Competition for the
Preformed Plastic Products Ilndustry, submitted byV the Code Au-
thority- for the Preformed Plastic Products Industry.
The purpose anld effect of the amendment is to empowiper Industry
members whoe may desire to do so to enter into an agreement among
themnselves for payment of liquidated damages when a Code provision
is violated, but only after the execution thereof shall have received
the consent of the National Recovery Administration.
The Dep~uty Admninistrator in his final report to us on said amend-
ment to said Code having; found as herein set forth and on the basis
of all th~e proceedings in this matter:
We find 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
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 promotingg the organization of industry for the purpose
of cooperative action of labor and management under adequate
governmental sanction and supervision, by eliminating unfair comp-
petitivee 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 olf labor, and by otherwise
(b) The Code as amended complies in all respects with, the perti-
nent provision of said title of said act, including without limitation
subsection (a) of section 3, subsection (a) of section 7 and subsection
(b section 10 thereof.
(c) iThe Code empowers the Code Authority to present the a~fore-
said ~amendment on behalf of the Industry as a wh~ole.
(d) The amendment and thze 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
F'or these reasons, therefore, wse have approved this amendment.
For the National Industrial Recovery Board:
W. ~A. HAIRRIMAN,
AMEMENITCENT TO CODE OF` FAIR COMPETITION FOR
THE PRIEPORM1\ED PLASTIC PRODUCTS INDUSTRY
Amend Article XIII by adding a new Section 4, as followc~s:
"A~ny ember of the industry may enter into an agreement with
anly other membe or members of the industry providing for thne
payment of liquidated damages by any party thereto upon violation
by him of any provision of the ~Codpoiehwvr htsc
agreement shall become effective and bmding on. the partiesx thereto
only after the execution thereof shall have received the consent ofE
the National Rtecovery Administration."
APProved Code No. 859--tmendment No. 2.
Registry No. 1637-13.
UNIVER-IT1 OF FLORIDA
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