Forrsle by the Superintendent of Documents, Washington, D.C. Price 5 censb
Approved Code No. 84R-Amendment No. 2
Registry No. 1104--11
NATIONAL RECOVERY ADMINISTRATION
AMENDMENT TO SUPPLEMENTARY
CODE OF FIlli COMPETITION
SCREW MACHINE PRODUCTS
(A Division of the Fabricated Metal Products
Manufacturing and Metal Finishing
and Metal Coating Industry)
AS APPROVED ON SEPTEMBER 8, 1934
GOVERNMENT PRINTING OFFICE
This publientionu is for sale by' the Superintendlent of Documents, Governmuent
Printing Office, Wanshington, D.C., and by district offices of the Bureau of Foreign
and Domestic Comler~ce.
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Approved Code No. 8iR--Amendment No. 2
AMENDMENT TO SUPPLEMENTARY CODE OF FAIR
SCREW~ MACHINE] PRODUCTSS MANUFACTURING
As Approved on September 8, 1934
APPRO\?NG hTODIFICATION OF SUPPLEIMENTARY CODE OF FAIR COMPrE-
TrrlON FOR THWE SCHEW MACHINEE Paon~cts 1MANI;UFACT URING
A DIVSIO OF THI3E FABRBICATE METL PRO)DUCTS M\ANFACTURING AND
METL FINISHING AND) METAL COATING INDESTRY
An application having been Julyl~ madepuuntoadinul
compliance withn the provisions of Title I of 11slath Ntionalndustriall
Recovery Act, approvedl Junle 16, 1933, for approval of a mnodifica-
tion to a, Supplementary Code of Fair Competition for the Screw
Machine ]Prodlucts Mfanufacturingr Industry, anld a Notice of OppDor-
tunity to be Heardl having been duly given thereon and the uInnexed~
report on saidl modification, containing findings w-ith respect thiereto,
having been made anld directed to the Presid~ent:
NOW', THEREF`ORE, on behalf of thie President, of thie UCnited~
States, I. Huigh S. Johl~nson, Administrator for Industr~ial Recovery,
pursuant to authority vested in mne by Executive Orders of the Presii-
dlent, including Ex~ecutive Order No. 6543-A, dated Decemiber 30,
1933, and otherwise; do herebyy incorporate, byr reference. said an-
nexed report and do findl that said modifiention and thie Sjupplemnen-
tary Code as constituted after being miodifiedl comply in all r~esp~ects
with the pertinent provisions and will promote the policy and puir-
poses of said Title. of saidl Act, andc do hereby order that said mod~i-
fication be and ilt is hlereb~y approved, and that the previous approval
of said Supplelemntar~y Code is hereby modified to include an ap-
proval of said Supplemientar~y Code in Its entirety as miod~itied~.
HNccI S. JonssON,
Adminisjtr~ator for IndCus~'tral7 RecoverCIy.
Approval recommended :
BARTON W. Moun.1xY,
Septemb~le~r 8, 1934.
REPORT TO' TIHE PRESIDENT
T'he Whit~te H~ouse.
SIR: ~An application has been duly made p~ursunnt to and in full
compliance with the provisions of the Naztiona~l Industrial Recove~ry
Act for a mlodlification of Article IV of the Supplementary Code of
Fair Competition for the Screw Machine Productsflj Manufacturingf
Indlustry by the Supplementary Code Aiuthority for that Industry.
The~~ Sulpplem~en~tary Code of F~iair Comlpetition for the Screw
Machine Products MIanu fwl~ -to irin Industry wras app~roved on April
28, 1934. Article IVT, Section 9, provides that:
All members of the Industry are subject to the jurisdiction of the
Supplemnentary Code Autahoricyr; shall be entitledl to participate in
and share the benefits of the Suppolementary Code Authority as pro-
vided in Section 1 of this Article; and also shall pay to the Mtanaging
Director as thle agent! of th~e Supplementary Code Authority their
r~easonable share of the expenses of the admilunistrat-ion of this Sup-
plemntarlllyr Code, such reanson~able share to be determllined~c by the Sup-
plementalry GCode Ahuthor~ity, subject to review by the Admllinist rato.r
on the basis of volume of business and/or such other factors as maty
be cdienw J~l equitable by the Supplem~entary Code Authority "
The above Section olf Article IV in effect; provides for voluntary
contributions on the part of the members of the Industry. This
method of providing funds for the proper admini~stratioi n of the
Suppl:ementary Code hans been found to be unsatisfactory. The pres-
ent mnodification is therefore proposed to create a legal obliga tion,
on. the part of the! Industry Mnlllllrl, to pay their pro ra2ta~ share of
the expenses of the Supplementar1y Code Aulthority.
The1 Assistant Deputy in his final report to me on said m~odifica-
tion of .snii1 Code having found as herein set forth and on the basisi
of all the p.1ciroceedings.- in this matter:
I find that:
(a) T'he modification of said Code and the Code as mod~cified are
wFell des~ign~lE~d to promote the policies and purposes of T'itle I: of the
National Industrial Recovery Act including the rcnmc-val of obstruc-
t in.- to the free flow of interstate and foreign commerce which tend
to diminish the amount thereof, and will provide for the general
welfare by promoting the organization of industry for the purpi. ose. of
cooperative action among trade groups, byr indiucingb and mntaintaining
united action of labor and management under ad~equate govern-
mental sanction and supervision, by elimrinat~ing unfair competitive
p~ractiPces byr p~romolting the fullest possible utilizatil.nr of the present
productive capacity of industries, by avoiding undue restriction. of
production exceptt, as many be templorarilyy rincirc ld), by inlrcreasingt
t~he colsrnsumtion of industrial aroI ;~l neiculflturi prm'clluclti thlc~lroug
increasingly~ purlchlaslilng oer, byJ redctcing~ and reilievng nemlay
ment, by imlprovinF standards'l~ of Ilabor, and~ by oItht\-rwi rclathbilitat-
(b) The~ Code as miodlified complliesi in all respects wiith the par~iti-
net provisions of said Title of said A~ct, inlclud~ing without limli--
tationl Subsectlon (a) of Section 3, S~ubsection~ (a) of Section 7 n nd
Subsectionr (b) of SEcctionl 10 thereof.
(c) Thec Codeli tenipower.ls the C'orle Authority to prec-clnt the afo~re-
Ssaid modification on behallf of the indlustry as at whle~t.
(d) T~he mlodfifientio n~ and thme C(,de as modified are not deslignedr
to and will not pe~trmlit monopolies or monopolistic prn<:lctice r.
(e) T'he mnodificatrio l~n am the Codec as modified are~c not de~signeld
to andlc will not climinlate or opp~ress small en~rterpri.- es~ and1~ willnot
operate to dliscriminalte against them.
(f) Those enl~~gage in other steps of t~he ~conom~iic: prIcsc~s have not
been d~eprived of thle riglt- to be heard prior to app~rova\l of said
For these reasnsll thI~erefore, I have approved this mod~ification.
HUGH~ Ifr. JoNiSON,
SEP)TEMBDER 8: 1C334.
MODIFIiICATIION OF SUPPLEMIE= NTA`RY CODE OF FAIR
COeMPETITION FiORt THE SCREW MACHINE PRODUCTS
A DIVISION OF THE FABRICATED METAL PRODUCTS MANUFACTURING AND
METAL~ FINISHING AND METtL COATING INDUSTRY
Modify Article IV- by deleting Section 9 and substituting in place
thereof the followvingr:
anSECTrtION o.(a It being found necessary in order to support the
admiistatin o ths Spplemnentary Code and to maintain the
standards of fair competition established hereunder and to effectuate
the policy of th~e Act, thne Supplemnentarly Code Authority is
(1) To incur such reasonable obligations as are necessary and
proper for the foregaoing purposes, and to meet such obligations out
of funds which may be raised as hereinafter provided and wcshich
shall be held in trust for thne purposes of the Supplementary Code;
(2) To submit.to the Administrator for his approval, subject to
such notice and opportunity to be heard as he ma~y deem necessary.
(1) an itemizred budget of its estimated expenses for the foregoing
purposes, and (2) an equitable basis upon which the funds necessary
to support such budget shall be contributed by members of the
(3) After such budget and basis of contribution, have been ap-
proved by the Administrator, to determine and obtain equitable con-
tribution as above set forth byr all members of the industry, and to
that end, if necessary, to institute legal proceedings therefore in its
(b) Each member of the industry shall pay hnis or its equitable
contribution to the expenses of the maintenance of the Sup~plemen-
tary'3 Code Authorityr, determined as hnereinabove provided, and sub-
ject to rules and regulations pertaining thereto issued by the!
-Administrator. Only members of the industry complying with the
Supplementary Code and contributing to the expenses of its admnin-
istration as hereinabove provided, unless duly exemlpted from making
such contributions, shall be entitled to participate in the selection
of members of the Supplementary Code Authority or to receive
the benefits of any of its voluntary activities or to make use of any
emblem or insignia of the National Recovery A~dministration.
(c) The Supplementary Code Authority shall neither incur nor
pay any obligation substantially in excess of the amount thereof as
estimated in its approved budget, and shall in no event exrceed the
total amount continued in the app~rovdci budget e~xcept uporn aIpr1oval
of the Administrator; and no ~1Jsubsequent budgetPC' .sh~all contlainl anry
deficienlcy itemi for expendlitursc inl eces!s of pr1icior budget enthlatess
except those wh~ichi the AdmliniStrator) 1 shalll have.t a( llpl'~proved
M~odify Article IV', Slction 1', by dle~ltingr~ Subsectio ns f anid g
and renlumlberi ng Sub~section h to readc Sulbsectionl f.
Appl'r\rove ('vtde NoI. 84--R--Amuellndmnt Nio. 2.
Registry' No. 110-1--1.
UNIVERSITY OF FL~ORIDA
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