NATIONAL RECOVERY ADMIINISTRATION
CODE OF FAIRC COMPETITION~
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Approved Code No. 382--Amendment N~o. 1
Registry No. 402-02
AS APPROVED ON JANUARY 11, 1935
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Approved Code No. 382---Amendment No. 1
AMENDMENTS T'IO CODE OF FAIR COMPETITION
TRANI~SPARENTL M[ATER:IIALS CON~VERTIE'RS
As Approved on January 11, 1935
ArrnPZovIEx AMENDMENT OF CODE OF FAIR COMPETITION FOR THE
TRANSPARENT MATERIALS CONVERTERS INDUSTRY
~An application having been duly made pursuant to and in full
compliance with the provisions of Title I of the National PIndustrial
Recovery Act, approved June 16, 1933, for approval of an amend-
ment to the Code of F~air Competition for the Transparent M/aterials
Conlverters Industry, and due notice of opportunity to be heard hlav-
ing been given thereon and the annexed report on said amendment,
containing findings with. respect thereto, having been made and
directed to the President.
~NOW, T'HERIEFORE, on behalf of the President of the United
States, the NIational Industrial Recovcery Board, pursuant to author-
ity vested in it by Executive Orders of the President, including
Executive Order No. 6859, dated September 27, 1934, anld other-
wise; does hereby incorporate, by reference, said annexed report and
does find that said amendment and theCoe 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 hereby ap-
proved, and that the previous approval of said Code is hereby
amended to include an approval of said Code in its entirety as
NATroNAL INavaBRInzAL RECOVERY BOARD,
By W. A. HARRIMAN, Administrative Of)Zoer.
Approval recommended :
JOSEPH F. BATTLE,
Wasu19R[NaroP, D. C.,
January 11r, 1935.
The WhVite Hrouse.
SmR: Tlhis is a report on an ametndment to the Code of F~air Com-
petition for the Trawnsparent 1Waterials Converters Industry which
was approved by you on A8pril 4, 1934.
The purpose of this amendment is to empower the Code Authority
to submit its budget for approval of the National ~Recovery Admin-
istration and to make contribution to Code Administration expense
compulsory upon the members of the Industry.
The Deputy Administrator in his final report on said amnendlment
of said Code having found as herein. se~t forth and onl the basis of
all the proceedings in the matter:
T'he Board finds that:
::(a) The amendment of said Code and the Code as amended are
well designed to promote the policies and- purposes of Title 1 of
the National Industrial Recovery Act including the removal of ob-
struct~ionls to the fre-e flow of interstate and foreign commerce which
tend to diminish the amount thereof, and will provide for the gen-
eral welfare by promoting the organization of industry for the pur-
pose of cooperative action of labor and management under adeqluate
governmental sanction antd supervision, by eliminating umfair co~m-
pietitive practices, by promoting the fullest possible utilization of
the present productive capacity of industries, by avoidling undue re-
striction of production (except as may be temporarily required) by
increasing the consum~cption of industrial and agricultural products
through increasing purchasing powcper, by reducing and relieving
uinemployment, by improving standards of labor, and byi othter-wisec
(b) The Code as amend!lred c~ompliesi in all respects w~ith the perti-
nent provisions of said Title of said ~Act, including without limnita-
tion sub-sectio-n (a) of Section 3, sub-section (a) of Sezction 7 and
sub-section (b) of Section 10 thereof.
(c) The C'ode empowers the Code Aulthority to propose the
amndmn~lent on behalf of the Ind~ustry as a whole.
(d) The amendment and the C~ode as nmelrnded are not designed
to anrd will not permit monopolies or monopolistic~ practctices
(e) The amendment and the Code as amenmded are not dtesigned to
and will nrot eliminate~ or oppress small enterprises and~ w\ill not
operate to discriminate against themn.
(f) Those engaged in other steps of the economic process h1ave
not ben deprived of the right to be heard prior to approval of
For these reasons thte amlend~ment has been approved.
F'or the National Indlustrial Recovery BEoard:
W. AL. FTTARRIMAN,
JABNUARY 11, 1935.
RtE]POIRT TO THE PRESIDENT
AMENDMENT TO CODEi OFi FABIR COMPETITIIONT FOR.
T~HE TRANSPARENT MATERIALS CONVERTERS IN-
The Code of F~air Competition for the Transparent Material Con-
verters Industry is hereby amended as follows:
Delete Article II, Section 5i and substitute therefore the following:
5. It being found necessary in order to support the administration
of this Code and to maintain the standards of fair competition
established hereunder and to effectuate thle policy of the Act, the
Code Authority and the Executive Authorities of the Subordinate
Codes of the several divisions of the Industry are hereby authorized:
(a) 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 raised as hereinafter provided and which
shall be held in trust for the purposes of this Code and the Suab-
ordinate Codes for said several divisions.
(b) TIo submit to the N1~ational Industrial Recovery Board (here-
inafter referred to as the Board ") for approval, subject to such
notice and opportunity- to be heard as the Boatrd may deem necessary
(1) an itemized budget for the Code Authority and o h eea
Executive ~Authorities of the estimated expenses of the Code Au-
thority and said Exrecutive Authzorities and (2) an equlitablet basis
upon which the funds necessir~y to support suchn industrial and divi-
sional budgets shall be contributed by 10,mrlb:rs of the Ilndustry and
OI SRiu SeVBTrI ulVISIOnS.
(c) After such budgets and basis of contribution shall have been
approved by the Board, to determine and. obtain equitable contribu-
tion as above set forth by all members~:~'c of thle Industry and of the
members of the said respective divisions and to that end, if neeewar~l Iy,
to institute legal proceedings therefor in the name of th~e Code Au-
thority or the Execultivet Authority of the divi-ilin concerned as the
case ma v be.
(d) Each memb~ler of the TIndustry1' and each mnem~ber of each divi-
sion thereof shall pay his or its equitable contribution to the expenses
of maintenance of the Code Anuthority and of the Executive Author-
ity of each division of the Industry of which he or it may be a mlem-
ber, determined as hereinabove provided, and subject to rules and
regulations pertaining thereto issued by the Board. Only members
of the Industry complying with the Code and the Subordinate Code~cs
and contributing to the expe!cnses of their administration as herein-
above provided, unless dulyT exempted from, making such contribu-
tions, shall be entitled to participate in the selection of 'members of
the Code ,Authnority or anyr Executive Authority- or to receive the
benefits of any of the voluntary activities of such Authorities or to
make use of any emblemn or insignia of the National Recovery
(e) Neither the Code Authtority nor anly Exi~ecutive Authority of
any division of the Indust ry shall either inlcur or pay any~ obligation
substantiallly in excessi of the amount thecreof as estimated in its ap-
proved budget, and shall in no event exceedl the total amount con-
tained in the approved budget, except uponi the approval of the
Board, and no subsequent budget shall Contain any deficiency item
for expenditures in excess of prior budget estimates exrce~pt those
which the Board shall have so approved.
Approved Code No. 382--Amedendmn No. 1.
Registry N1~o. 402-02.
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