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Approved Code No. 129--Amendment No. 1
Registry No. 742--09
NATIONAL RECOVERY ADMINISTRATION
CODZE OF FAIR COMPETITION
AS APPROVED ON MLARCH 23, 1935
WE Do OUR PART
GOVERNMENT PRINTING OFFICE
This pub~lication is for sale by the Superintendent of Documents, Government
Printing Office, Washington, D. C., and by the fo~llowving N. R. A. offices:
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Seattle, WJash.: 1730 Exchange Building.
Approved Code No. 129--Amendment No. 1
AIMEND~ME]NTI TO CODE OF FAIR COMPETITION
RADIO BROADCASTING INDUISTrRY
As Approved on March 23, 1935
APRrovINo AMiIENDMENT OF CODE OF FAIR COMPrETITIONh FOR T'HE RADIO
An application having been duly made pursuant to and in full
compliance wFcith the provisions of TIlitle I of the National Indus-
trial Recovery Act, approved June 16, 1933, ~for approval of amend-
ment to the Code of Fair Competition for the Radio Broadcasting
Industry, which amendment is annexed here~to, and opportunity to
be heard having been afforded to all members of said Industry, and the
Deputy Administrator having rendered his report containing an
analysis of the said amendment, together with his findings and recomn-
mendations with respect thereto, which said report, recommendations
and findings are annexed hereto:
NOW THEIREFOIRE, on behalf of the President of the United
States, tbe National Industrial Recovery Board, pursuant to authority
vested in it by ~Executive Orders of the ]President, including Executive
Order No. 6859, dated September 27, 1934, and otherwise, does hereby
approve and adopt the said report, recommendations and findings,
anrd does further find that said amendment and the Code as consti-
tuted, 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 annexed amendment be
and it is hereby approved, and that the previous approval of said
Code is hereby modified to include an approval of said Code in its
entirety as amended.
NATIONAL INDUSTRIAL RECOVERY BOARD,
By WC. A. HARRIMAN, Administractive OISoier.
Approval recommended :
SoL A. ROSENBLATT,
WASHINGTON~i, D. C.,
March a.3, 1935.
123828*--1603-1 14----35 1
REPORT TO THE IJNATIONTAL INDUSTRIAL RECOVERY
NATIONAL INDUrSTRIAL; RECOVERY BOARDL)
National IiRalecovy Adm~in.iistra'tion1,
W'ashingtont, D. C7.
GENTLElIfIEN: This is a report on. a proposed amnendmnent to the
CodeP of Fatlir Colmpe~tit~ion for t~he Rardio B,roadcastingc, Indlustrly.
An app'licatio~n wa~s duly made by- the Code Aiuthlority on behalf of
the Industry for approval of the amendment, and opportunity to be
heard was afforded to all memlberss of the I~ndustry.
The purpose of the amndmen~l~ nt is to authorize the Code Authority,
upon approval of the National Indulstrial Recoveryl Board, to incur
and pay necessary obligations anrd to secure equlItablle contributions
fromz members of the Ilndustry for the support of administering
The! amendment is administe~ntivec in nature and is proposed as a
substitute for Article VI, Section 8 of the Code, which was decsignedc
t~o provide the: Colde Authorityr with a means of raising revenue to
support th~e administration of the Code. However, this Section. is
clou~chled in vague anld uncertain language and it was deemed advis-
able by the Code ~Authority to ~lubmnit this proupostl rned amlenmnt.
The Indus~try~ is composed of 550 mem~lber~s and there are approxi-
mately 10,000 employees. In order to properly administer the va-
rious provisions of the Code, it is necessary that tihe Code Authority
incur rea-sonable obligations and raise funds with which to meet these
obligations. It is desirable that the Code Authorit~y continue with
the administration of the Code since the Code and the administra-
tion of it by the Code Authority effectuates the purposes and policies
of Title I of the National Industrial Recovery Act.
I find in conclusions that the amendmec~~lnt which is attached.-
hereto wals duly submiittedr by the Code Authority in. conformity wa7ith
Article VI, Section 10, Subsection (i) of the Code of Fair Competi-
tion for the Radio Broadcasting Industry and that said am~enldmnt~l
complies in all respects with the pertinent prov-isio~ns of TPitle I: of
the National Industrial Recovery Act, and that the amendment is
wcell designed to effectuate the policies set forth in Title I of the Act.
IC therefore reconunend~it' to thre National Industrial Recovery Board
the approval of the said amleldmentl~ to the Code of Fiair Comnpetition1
for the Radio Broadcasting Industry.
WILu~als P. FIiARNG'swonan,
SoL A. ROSENBLATT,
1M~ann 22, 1935.
AM~ENDMENT'l TO CODE OFE FAIl~R COMPETITION FOIR
TH~E RADIO BROADCASTING INDUSTRYY
Amend article VI--Delete the present Section 8 and insert in lieu
thereof the following new sections to be known as Section 8 (a),
Section 8 (b) and Section 8 (c) :
8 (a) It being found necessary in order to support the adminis-
trat~ion of this Code and to maintain the standards of fair competi-
tion established hereunder and to effeJ~cllltat 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 rali.-ed as hereinafter provided and which
shall be held in. trust for thne purposes of the Code;
(2) To submit to th~e National Indutr~-ial Recovery Board, for
its approval, subject to such notice and opportunity to be heard as
it may deem necessary, (1) an itemlizedl budget of its eitima~te? ex-
penses for the foregoing purposes, and, (2) anl equitable basis upon
which the funds necessary to support such budget shall be con-
tributed by members of the Industry;
(3) After such budgllet andl bas~li- of contribution have been ap-
proved by the National Industrial Recovery Board to determine and
obtain equitable contributions as above set forth by all members
of the Industry and to that end, if necessary, to institute legal! pro-
ceedings therefore in its own name.
8 (b) Each member of the Industry shall pay his or its equitable~
contribution to thne expenses of the maintenance of the Code Authoritly
detelrm~ined as hereinazbove provided and subject to rules and p~regu-
lations pertainingtheretot~- issued by the National Indlustriatl Re-
covery Board. Oly membelrst!'j of the Indiustr~y complying with the
Code and conl~tr~ibuting to the expenses of the adminnistration, as
hereinabo-ve provided, (unless duly exempllted from mak.llin~ suIch
conltrIibu~tion), shall be entitled to participate in the selection of
members of the Code AutL~hority or to receive the benefits of any of
its voluntary activities or to mak~e use of any emblem or insignia
of the National Recovery Administration.
8 (c) The Code AL1uthor'ity shall neither incur nor pay any obli-
gation substantially in excess of the amount thereof as es-timal~te? in
its approvedl budg~ret, and shall in no event exceed the total amount
co~ntained~t in the approved budget, except upon approval\'~ of the
National Industrial Recovery Board; and no subsequl~ent buxdgret shall
contain anly deficiency item or expenditures in ecessc- of prior budget
estimates except those which the National Industrial Recovery ]Board
shall have so approved.
Amend Articles VI, Section 10 byr deleting subsections (f ) and (g)
and re-designate the subsequent subsections (h) and (i) as subsections
(f) and (g) respectively.
ApprovPed Code No. 129--Amendlment No. 1.
Registry No. 742-09.
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