UNIV. Of FL U1B.
Approved Code No. 381--Amendment No. 2.
Registry No. 917-10
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
FUR DEALING TRADE
AS APPROVED ON OCTOBER 2, 1934
GOVERNMENT PRINTING OFFICE
For sale by the Superintendent of Documents, Washington, D. C. - Price 5 cents8
Tlil I publicatlionl i4 folr sal' by theF Suprcintendent of Doenments, Governmlentt
amnl Domesiirtic ('cnllmeres.
DISTRICT' OFFICES OF THE DEPARTMENT OF COblM~ERCE
AuLlt;aI.I Un1.: 304n~bc~ Post Offc~l~lee Building. .
Uk!in:lcingha A.': (la.:~n~i 257 Fe ueal 'e Builing.
Hufflo-~~ll, N.Y.il: Chambel~r o:f Commlerce Blig
Ichaleston. Ts.C. C'llamber o~f C~ommrce LUnll ibling
Iuleve~ncland. hi!1.: ChIambLer of Commerice. iilli~
D~l~lrutill.. Tex I;.: ('hnirber of C'omelrce Buiblding..
Detru\ii~'t'. Mic.:,blFirst71G Nationl Bralnk Hildng
HoSrn(onI'~. Tex. : Chmbrll of5-~ Commerce Buildng.
Jac~l~lk. onvile Fla.: Ihambe of Commerce Building.
Loui vllle. Ky~.: -1116 Federal Building.
31einphis, Tenn~.: 220l~ Federn~;l tic Buildinlg.
Approved Code No. 381--Amendment No. 2
AMENDMENT TO CODE OF~ FAIR COMPETITION
FUR~ DEALING TR]AD~E
As Approved on October 2, 1934
Ae1PRnovsC M~ODIFICATIrON OF 1THE CODE OF FAIR COMIPETTITON FOR
THIE FUR DEA~LING TRADE
An appl'icationl having beeni Jully made p~ur-uant to and in full
compliance w~ithi the prov-isions of T'itle I of the Nlt~ional Industr~ial
Recovery Act, approved June loi, 1933, for approval of muodification
to the 'odle of Fair C'ompIettitin for the Fur Dealing Tra~de, and
opportunity to b~e healrdl havingf been afforded~ all members of said
Industry, andt the aInnexedl report. on. said modification, containing
rfnindins' with~ r~espec~t there'to, h~aving been made and directed to the
W\HEREAS~, the Cod~e of Fai: Competition for the F~ur Dealing
Trade, as apprlovedl onl April 4, 1934, continued in Section 1 of Article
II of said Code thec follo~ineS definition of thle Trade:
Te trm t ad us usedc~ hereinl shlnl mean the business of deal'-
ing in fur skins inl thle raw~n, drlessed,- or dr~e~ssed and dyl)ed state byT any
pe~rson,! firmn or corplorationl onI his or its owvn accoun~t. It does not
include dealing in such furl sk~ins as brokers only or as~ nuctioneers
WVHEREAS, aIpplication has7 b~een madle for approval of certain
amnendments to the above mlentionedd Codej, including a am iendment
deleting thle last sentence of Section 1 of Article ~II of said Code,
and a public hearing has beeni duly held thereon, and,
WVHEREAS, the fur br~oker~s and nuctioneers who deal mainly for
the account of others number appr1oximnately 50, and th~e fur dealers
w~ho dleal mnainly for their own account lnumber approximately 1,750,
W~HEREAS, all mc~lembes of the Trande, includlingr fur auctioneers
andl brokers, are eng~agedl in the business of buying anld selling fur
skins; that they purchase fromn the saml~e sources of supply and sell
to the same customers in direct competition with each other,
NOWC, THEREF;ORE, we find that fur bro-kersi and auctioneers
are engaged inl the samrle business as the mnembers~ of the Fur ~Deal-
ing Trade who deal in fur!s mnainly on their own account, and, there-
fore, constitute the somne trade or industry within the meaning and
intent of Sectionl 3-A of Title I of the National Industrial Recovery
Act, andl that thle trade associations which mande appllication for
the Codle of Fair C'ompettition for the Fur Dealing~ Trade are truly
repr~eiseintaive of the Tra1de as dlefinerd in thle first sentence of Section
1 orf Arlticle II o! :said Codle, andl thatb in order to promote the policy
andl purposesC~: of Title I of saidl Act thle for. br~okers andl auctioneers
.ihourldl be sub~jec-t to the~ provisions of the Code of Fair Competition
for saidc tradel, and
W\HE:REAS, an applicat~ionl havl~ing b~eenl duly14 mlade pursu~ant to
andl in full compliance wih the p,1rovisions of Title I of the National
TImc~ustriai l Rccovery13 A3ct, approv~\ed~ Junec 16, 1933, for approval of
nienmetsto the Code of Fairl C'ompet~titon for the Fur Dealing
Trad~7e, andL hlealjrinS having~ been1 duly held thereon, andl anineed
report on saidl amnalclclr;Inent contiainingi findings withi respect thereto
having bleenr made and directed~ to thle Pr~esidecnt,
N~OW, THIEREFORE, on behallf o~f the Precsident. of the UTnitedl
State~ The Natficrnal Industrial Re~covery Blonrd,. pursulant to author-
ity utves Otied in it by Exutiv-e Orders of the Piresidlent, incrluding
Exeutie r dr o. ljM3-AI, dated Decembier 30, 1933, and other-
wvise; does herebjly ilc~orplora:te, by\ preference, said nnn~exed report
andr~ does findl that said amlendme~nts~ andl thle Code as constituted
afterl being~ amlende~ C'omlyl!~ inl all respects writh thle pertinent pro-
visions andlt will promllote~ the policy alnd p.ur~poses of said Title of
said A~ct, anld does hereby ord~er that said amendmlents be and they
are h~ereby aplproved. anld thant thle p~revious app~roval of saidl Code
is hclreby~ mIiodifiedl to includice an applroval orf said Code in its entirety
This orlder1 shall not become effec~tive for a, per~iodl of ten (10) days
fr~om1 the date~ her~eof d~urina which period consideration will be given
to the objec~tionls, if any, obf inter~ested parties. At the end of such
p'elriod this orie-r sh~all become? fully effective ulnles~s we by our
fur~thler orderti otherwise direct.
THIE NAT;IONALI INDUSTRIAL, L RECOV'ERY BOARD.
By Gr. A. LY~ceu,
Admin I~sfltrative OfFr('er.
PrrENSrs~c I. COONLET,
Acti~g Diveiasion, ,1dm~in~istraltior.
WAsurroroxTfJ, D. C.
October 92, 191).
REPORT TO THE PRE~SIDETNTC
The W~hite House.
Smz:This is a report onl the mnodifications to the Code of Fair Com-
petition for the Fur Dealing Trade, on which public hear~ingr was
held August 10, 193-1.
These. modlifcicatin s will clarify thle deflinitionl of members of th~e
Trade and will give r~epresentationl on the Code A~uthocrity Boar~d
to those members who1 ar'e not nowF r'llepres7ented
The Deput~ Admllinistrator inl his final report to us on said modlifi-
c~ations of saidl codle havling foundl as herein set forlth~ and on the bas-is
of all the proceedlings in this matter:
We finld that:
(e.) The miodificationls of said code and the code as mlodified
are well dlesignedl to p~romote the poc.licies and purp'o"'e of Title I
of the National Indlustrial Recovry-i Act iniclud'inec the r~emiovnl of
obst-ruct~ionls to thle fr~ee How of inter~state andr fireignl commerrlce
which tend to diminlillh the amountt ther~eof, and will provide for thle
general wrelfare by pr1omiotingr the oi~rgnizationl of ti~rae for thie pur-
pose of cooperati-e ac~tioni of laborl andc manaige mnt~ undter adeq-uate
gov-ernmental sanction and sup rnsl~\i~ion, by eliniunatingfi unlfullCIr c -
petitive practices. by promoting~ the fullest possible u~tiiznfion of thle
present prodluctivet equencity of indusrltries, by avoid~ing~ undue restric-
tion of productioon (except a;; may be temlporarilyy reqluired)l, by
increasing the consumlption n of indtustr~ial anld agrIiculturan l products
through increasingly pu~rchasint p~ower;, by reduc-ing~ andlr relievingF u~n-
employment, by improv'n\ingstandardl~ls of larbor, andt' by orther\ise re-
(b) The code as mod~citiedl comlplies; in all respe~ccts wssith the per~lti-
nent prov-isions of ?;aidl Title of snjid Act, includtina withoutl Tim~ita-
tion sub-section (a) of ~Section 3:, subse~tctionl (a) of Section 7 anid
subisectionl (b) of Sectionl 10 thleretof.
(c) The modifications and the col.de as nuacrlifiedl are not de signed'
to and will not permit mlonopolies or monopoli)01stic pra';ctices
(d) The mlodifientionls andi thle code as m~odifiedl are niot designed
to and~ will niot eliminutle orI oppr'eSS smna2 ll eterpi e1s anid will not
operate to dliscrimunatee aginst them.
(e) Those ellnggedl in other steps of the economic process hlave
not been dleprivedl of thle right to be hleardc prior to alpproval of said
For these r~eansll th~e- mod~ifications have been approvedc-.
Res pect fully,
THE N.1TION.4L TNDTS'S':.THI RECOVERY BOA~RD.
OC~TOBER e, 1D;-1.
MIODIFICA~TION TO CODE OF FAIR COMPETITION FOR
THE FUR DEALING; TRADE
1. Section 1, Ar~ticle II, shall be m~rod~ifed to r~ead as follows:
'' See-rm~s 1. Thle termi tradle ?' as used~ her~ein shanll mean t~he busi-
nelss of dlealing~ in fur skins inl the rawl, dressed, or dressedi and dlyed
tate by any1\ Iser-on, fi~lm or cor~porntion on his or its ownl account
r forr thle amrounlt of others."'
2. Thec first sent-1Cence of Sect~ion 3, of Alrticle VI, shiall be modified
ICo reind t- followns:
Ther~e .-hall be~ duly appointed to the Code Authority Board
iTwelve membell r.,l thier~eof as follows:
3. Section; 2. o~f Aritic~le V~I. shaoll be~ modified t~o read as follows:
'\The For Dealing Tradn~e shanll be classified~r into thie followineb
d The Genera Diiin
Thle Rabbit~n Deaiong iiin
"I The BZIrleri andlc Aulction House Divisionr.
" and( subject to thle a!lpproval of thle Admliinilstrator, additional di-
vision-; mayn be~ clrgnizi d or existingl divisions conisolidabtte upon
reomedton f theC planlllnin commlliftteeS of all divisions, and the
4l. A~n ndilitioinal ente~nc e shanll b;e addedll tor Section; ,3, of Article
Thr1ee Inember;:1.- -hal 1 lr dly appcintedl by those mnembers~ of
thle TI;rade who e, buscine~s to the extent. of 909r~ consists of dealingi
in folr skin for thle nec~ount of others anid oUr thle sale~ of furl skinls at
5. A Irnew ~ub ctio~n to be know~!lnS as subsection (a) of Sjection 6, of
No reorga~in Iiztionl of thle CodeCI Authlority Boa1;rd of reclassifi-
cation1 of d~iv'jiionS in thie tradce or maxc~lifiention of thle pr~ovisions con-
tnined in the code fo~r rules and regulationss of the Coder Authority
Boar~1d as offecct only one divisionl of the tl~rae shanll be reccomm~n ende
to thie Adm~inis;te~ntorl by~ the Code Authlority Boardl ov\er thle dissent.
orf thle Divisional Planninig C~onunlittee of th~e ntl'ected divisionn.'
Approvecd Codlte No. 3S1-Amendmelntc u No. 2.
Regist rv INo. 01'i'-10.i
Digitized by~ Ihe Inlellnal Archive
In 2011 willh lunldlngg fom
Universllty of Florida. George A. Smnathers LIbraries with support Irom LYrRASIS and the Sloan Founidailoon
hltp: wwyw.archlve.org delials amendmenillocodeo ?866unil
UNrIVERE.ITY OF FLORIDA
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