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ApprovedCode No. 430--Amendment No. 1
Registry No. 698--2-22
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
AS APPROVED ON SEPTEMBIER II, 1934
WE DO OUR PART
GOVERNMENT PRINTING OFFICE
This publication is for sale by the Superintendent at Documents, Government
Printing Office, Washington, D.O., and by district offices of the Bureau of Foreign
and Domestic Commerce.
DISTRICT OFIFICE$S OF THEDEPARTMENT OF COMMERCE
Atlanta, Ga.: 504 Post O~ffice Building.
Birminghamn, Ala.: 257 Federal Building.
Boston, ]\Inss.: 1801 Custombouse.
Buffalo, N'.Y.: C'hamber of -Commerce Building.
Charllleston, SA.:~ Crhamber of Commerce Building.
Chicago, Ill.: Suite 1706, 201 Nor~th WVells Street,
Cleveland, Ohio: Chanmber of Comnmerce.
D~allas, TCex.: Chamber of Commerce Buildintg.
Detroit, Mlich.: 801 First National Bank Building.
Houston, Tex.: Chamober of Commerce Building.
Indianapolis, Ind.: Chamber of Commerc~e Building.
Jackisonville, F'la.: Chamober of~ Comumerc~e Building.
K~ansas City, Mo1.: 1028 Ba~ltire Avenue.
Los Angeles, Calif.: 116f3 South Broadwany.
Louisville, K~y.: 408 Federal Building.
Mlemphis, Tenn.: 229 Federal Building.
Minn1;eaplolis, Minn.: 213 Federal Building.
New Orleans, La.: Room 225-A, Customhouse.
New York, N.YI.: 734 Customhouse.
Norfolk, Va.: 406 East Plume Street.
Phliladelp~hin. Pa).: 42;2 Commnercial Trust Building.
Pittsblurgh, Pa.: Chamber of Commerce Building.
Portland, Oreg.: 215 New Post Ofmee Buildinlg,
St. Louis, Mlo.: 506 Olive Street.
Ban Franllcisco, Calif.: 310 CustomBouse.
Seattle. Wash.: 809 Fedralc~ Office Building,
Approved Code No. 430--Amendment No. 1
AMENDMENT TO COD)E: OF FAcIR COMPETITION
PACKAGE MELDICINE] INDIUSTRY
As Approved on September 11, 19341
APROnoTma AMrENDMrENT O1F CODE OF IjAIR COMPETITION~r FOR THE
PACKAGlE n'rED)IC'INE TNDUSTRY
An application having been duly mande pursuant to and in full
compliance withl the provisions of Tit~le I of the National Industrial
Recovery Act, approvedl June 16C, 1933, for approval of an, umenderlrnt
to a Code of Fair Comllpetition for the Pac~kage. M~eicinec IndlustryS,
andl opportunity to be he~ard having been affordled all intere~stedT
parties, and the anne~xed report on said amnendmnent, containinrr find-
ings w~ithl respect thereto, havingr been made and dlirected~ to the
NliOW, THIEREFORE, on beha~lf of the President of the Unlited
States, I, Hugh S. Johnlson, Administrator for Indr~ustr~ial Recovery,
pursuant to authority retstedl in m~e by Etxecutive Orders of the Presi-
dent, including Executive Order No. 654;3-A, dated Deceml~ber 30,
1933, atnd othterw~ise; do hereby incorporate, by referlence,, said an-
nexd report and do find that said amendment and the Code as con-
stituted after being amendedl comply in all respectt s with the perti-
nent provisions anld will promote the policy and purposes of said
Title of said Act, and do hereby or~derl that said amlendmrlenlt, be alnd it
is hereby appr~oedl, and that the previous approval of said Code is
hereby modifiedl to include an approval of said Code in its entirety
Huan7G S. JoHNSON,
Admillnistratoro l for Indu~strial Recover!*
Approval recommended :
JUSEPH F. BATTLEY,1
Ac~tinig D~ivis~ion. Admnin~stra~tor.
Septeml~berl 11, _1931.
8500 -1181-40-8--4 (11
REP'ORTI TO TH-1E PRESIDENT
The Whii~te Howe~.
SIR: An app~lien~tion has been duly matde purlsualnt to andl in full
com~pliance with the pr~ovisions of th Nat.ional Indlustrial R~ecovery
Act for an amlendme~nt to the Code of F~air CompetitQion for thle Pack-
age Mletic~inec Inmdustry, submitted by th Code Authority1 for the
Package M~edic~ine Indullst'ry.
T1Che purpose and7 efec~t of' the amendment are to authorize, the
Coder Authority to submnit a budget and miethiod of asseissment upon
whviich. funds shanll be~ c~ontrIb~uted members of the Industry.
The Depu"ty Administrator in his final re~or~t to me on. said amnend-
ment t-o said Code having found as herein set fourth and on the basis
of a~ll the1 plroceedl~ings~ in this matter.
I find, that:
(a) The~ amendmuenat to said~i Code Eand the Code as am~ended are
well des~ignedc to prmoo~tte the policies aind p~urpose.- of Title I of the
Na~tiolnal Indlustrial Rec~overy3 Act includlina the remnoval o~f obstrue-
tio~n~ to t~he free flowr of inter~stiste andi foreign comml~erce which tend
to dimninishn the amount thereof, annd will provide for the general wel-
fare bsy promotingr thle organization of mndustr~y for th~e purpose of
coo~perativ~e acticl among~l~ trade grloups, byS indluclmg and mamitamnmg
united actionl of luiabr* andc malnagemelltnt unEr1~Z ad~lequat~e governm~en-
t~al sanchoc.n andl supe~rvision, by elilninatrng unlfatir competitive prac-
t~ies,~ by p~romontingf ther fullest possibe utrilizationl of the p~resent; Pro-
ductive capa~c~ity of thle industries, by5 avoc`icting undu~e restrictions of
oproductrion (excepI-t as miayS be t emipora rily req-I~luired) by increasing
teconsum;cllptionI of: indusltria;lT and1C ariCu~~ltral prdclllts through in-
cron-~ing pulI rchlasin powe~rr.cr, by r~educi'ng an~d relievingr ulnemlploymnent,
by! impro~ving sinltandard of labior, and by otherw\ise! rehabilitating
(b): The Codel us umendedl~~i compillies in all resp~ects within the perti-
tioni SCubs~ectio~n (a) of Secition 3, Sulbsectio n (8) of Sectfion 7 andt
Subse,~ction (b) of S;ctlionl 10 the~reoif.
(e), Th'e (adett enipoiwers the Codell Aulthor~ity to present. the fore-
~aid amendment onl belhalf o f the Indusltry as a who~cle.
(d) T'he AmndmentCllr~lf :11 theCod as)~( amended111~~ are not dlesigned~
to and wIll not permit monpol'l'lies or monopo~llistir: prneictices.
(e) Ther Anyamntci~ll~l andi the Codle as u~nlltended are not dlesigned
to and will not c.liminaiite or
(f) Those engue-d~l in other steps~ of the ~con~roulic p~roces~s have
not been cleprivedl of thie right to he( hone1Id pr'im-' t'' npproval'" of said
.\ rli'll ill ilcdr .
For ~ ~ ~ ~ ~ ~ ~ f therer reaons the(fe I haeapoe h s Amenmen
Itepe fully, v~ft
AMENSD1\IENT TO CODE OF FA~LIR COMPETITION FOR
THE PALCKrIAGE MEDICINE INDUSTRY
Delete Section 3 of Article VrI and renumber~p~ the following see-
tions of said article accordingly.
Delete Pnrnugroph~ (g) of Sec~tin,! 7 of Article VI and reletter the
following paragraphs accordlingly.
Delete Paragraph (f) of Section 7 of Article VTI and .substitulte
therefore the followim ng :Ilccsly j ~~ll os~otth
(f) (1) It beingfonneesyinodrtspotthad
mninistratio-n of this Code and to maintain the standards of fair
competition establishedt~t h~Ielreunr and to effectuate thne policy of the
ArIct;, the Code Authority is authorized:
" ~(a) To inlcur such reasonable obligations as are necessary and
pr'oper for the forlegoing purposes,~P~ and to meet such1 obligations out
of fundsa wFhich may be praised -------as hereinafter provided and which
.shall be held: in trust for the purpose of the Code;
(b) To submit to the Adm~inist~torto for his approval, subject to
such notice and opportunity to be heard as het may deemI1 necessary
(1) an itemized budget of its estimaltedl expenses for the foregoing
Purposes, and (2) an equitable basis upon which the funds neces-
isary to support such budget shall be contributed by mlemlberss of
(c) After such budget and basis of co~ntr~ib.utionl have been ap-
proved by the Admrinistrator, to determrinre andl ob~tain equitable
contribution as above set forth by all members of the Industry, and
t:o that, end, if necessary, to institute legal proceedings therel~for in
ils own namlle.
2. Each member of the Ind~ustry shall pay hiis or its equitalble
contribution to the expenses of the maiinteinaice of the Code A~u-
thority, determined ass hereinabove provided, and subject to rules
and regulations pertaining$ thtereto issued by the Adoministrator.
Only members of the Industry complying with the Code and con-
t~ribruting to the expenses~ of its administration as hereinlabove\ pro-
videdi. unless duly eXemll~pted from maknlingr such contributions, shall
be entitled to pnr~ticipate in the selection. of mllllembes of thie Code
Authority or to receive the benefits of any of its voluntary~ activi-
ties or to make use of anly emlblelm or insignia of thre Naltional~l Re-
Scovery Ad~.m i ist ra;~t ion .
3. Thle Code Authorityr shall neither incur nor pay any obliga-
tion substantially in excessi of the amlount thereof as estimantedl in
its alpprovedtzr budget, and shall in no event exceed the total amount
cont~ainled in the approved buldget, excep~t. upon approv~l1 of the
A~dministr~ator; and no subsequent budget shall contain anly de~-
ficienc~y item~ for expenditures in excess of prior budget estimates
except those which the Administrator shall have so approved.
App~rovet Code No. 43()--Amendment No. 1.
Registry No. 6985-2-22
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