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Approvred Code No. 84--Amendment No. 1
Registry No. 1112-42a
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMVPET'1'ON
AS APPROVED ON AUGUST 18, 1934
WI DO OUR PAR1
GOVERNMENT PRINTING OFFICE
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Foreign and Domeetto Commerce~.
DISTRICT OFFICES OF THE DEPARTMENT OF COIMMIERCH
Atlanta, Ga.: 504 Post OfBee Building.
Birmingham, Ala.: 257 Federal Building.
Boston, Meas.: 1801 Customhouse.
Buffalo, N.Y.: Chamber of Commerce Building..
Charleston, B.C.: Chamber of Commerce Building.
Chicago, Ill.: Suite 1706, 201 North Wells Street.
Cleveland, Ohio: Chamber of Commeree.
Dallas, Tex.: Chamber of Commerce Building.
Detroit, Mlich.: 2213 First National Bank Building.
Houston, Tex.: Chamber of Commerce Building.
Indianapolis, Ind.: Chamber of Commerce Building.
Jacksonvlille, Fla.: Chamber of Commerce Building.
Kansas City, Mo.: 1028 Baltimore*'Avenue.
Los Angeles, Calif.: 1163 Bouth Bfd~adway.
-Louisvile, Ky.: 408 Federal Building.
Mlemphis, Tenn.: 229 Federal Building.
Minneapolis, Miinn.: 213 Federal Building.
New Orleans, La.: Room 225-A, Customhouse.
New York, N.Y.: 734 Customhouse.
N~orfolk, Va.: 406 East Plume Street.
Philadelphia, Pa.: 933 Commercial Trust Building.
Pittsburgh, Pa.: Chamber of Commerce Building.
Portland, Oreg.: 215-New Poet Ofiee Building.
St. Louis, Mo.: 506 Olive Street.
Ban Francisco, Calif.: 310 Customhouse.
Seattle, Wash.: 809 Federal Office Buildingr
Approved Code No. 264--Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
FOUNDRY EQUIPMENT INDUSTRY
As Approved on August 13, 1934
APPROVING MODTFICATION OF CODE OF FAIR COMPETITION 19IR TEB
FOUNDRY EQUIPMENT INDUSTRY
An application having been duly made pursuant to and in full
compliance with the provisions of Title I of the National Industrial
Recovery Act, approved June 16, 1933, for the approval of a modi-
fication to a Code of Fair Competition for t~he Foundry Equipment
Industry, and opportunity to be heard thereon having been duly
noticed and the annexed report on said modification, containing
findings with respect thereto, having been made and directed to the
NOW7 THEREFORE, on behalf of the President of the United
States, i, Hugh S. Johnson, Administrator for Industrial Recovery,
pursuant to authority vested in me by .Executive Orders of the
President, including Executive Order N.6543-A, dated December
30, 1933, and otherwfiset do hereby: incorporate, by reference said
annexed report and do nd that said modification and the Code as
constituted after being modified comply in all respects with the pe~r-
tinent provisions and will promote te policy and p purposes of sai d
Title of said Act, and do hereby order that said modification 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 en-
tirety as modified, such approval and such modification to take effect
ten (10) days from the date hereof, unless good cause to the con-
trary is shown to the Administrator before that time and the
Administrator issues a subsequent order to that effect.
HUOoz S. JOHNSON,
AdmnLnistrator for Industlrial Recole~ry.
Approval recommended :
BARTON ~. 1\.URRAY,
Autgust 13, 1934.
802560-1044-70----34 (1 3
REPORT TO THE PRESIDENT
The WYhite Hous~e.
SmR: This is a report on the Modification of the Clode of Fair Com-
petition for the Froundry Equipment Industry to incorporate the
principles contained in Executive Order of April 14, 1984 relating
to collection of expenses of Code Administration. This M~odifica-
tion was proposed in accordance with Article IX of the Code as
approved February 6, 19.34, and Notice of Opportunity to be Heard
was given from July 10 to JSuly 25, 1934.
The Deputy Administrator in his final report to me on said Modi-
fication to said Code having found as herein set forth and on the
basis of all the proceedings mn this matter:
I find that:
(a) The Modification to said Code and the Code as modified are
well designed to promote the policies and purposes of Title I of the
National Industrial Recovery Act including: the removal of obstruc-
tions to the free flow of interstate and foreign commerce which tend
to diminish the amount thereof, and will provide for the general wel-
fare by promoting the organization of industry for the purpose of
cooperative action of labor and management under adequate gov-
ernmental sanction and supervision, by elimiinating unfair competi-
t~ive practices, by promoting the fullest possible utilization of the
present productive capacity of industries, by avoiding undue restric-
tion of production (except as may be temporarily requiredd, by in-
creasing the consumption of industrial and agricultural products
through increasing purchasing power, by reducing and relieving un-
employment, by Improvmng standards of labor, and by otherwise
(b) The Code as modified complies in all respects with the perti-
nent provisions of said Title of said Act, including without limitation
Subsection (a) of Section 3, Subsection (a) of Section 7, and Sub-
section (b) of Section 10 thereof.
(c) The Mlodification and the Code as modified are not designed
to and will not permit monopolies or monopolistic practices.
(d) The MIodification and the Code as modified are not designed
to and will not eliminate or op ress small enterprises and willnot
operate to discriminate against t em.
(e)- Those engaged in other steps of the economic process have
not been deprived of the right to be heard prior to approval of said
F'or these reasons, these modifications have been approved by me;
subject, however, to a ten day waiting period as provided in the
Order of Approval.
Hean S. JoHNson,
Avoner 13, 1934.
MODIFICATION OF CODE OF FAIR COMPETITION FOR
THE FOUNDRY EQUI PMIENT INDUSTRY
Pursuant to Article IX of the Code of Fair Competition for the
Foundry Equipment Industry, duly approved by the Administrator
on February 6, 1934, and further to effectuate the policies of Title I
of the National Industrial Recovery Act, the following modification
is established as a part of said Code of Fair Competition and shall
be bindingr upon every member of the Foundry Equipment
Delete Paragraph (b) of Article VI, Section 3 and substitute in
lieu thereof the following:
(b) 1. It being found necessary in order to support the adminis-
tration of this code and to maintain the standards of fair competi-
tion established hereunder and to effectuate the policy of the Act,
the Code Authority is 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 trtist for the purposes of the Code;
(b) To submit to the Administrator for his approval, subject to
such notice and opporturntyI to be heard as hle may deem necessary
(1) on itemized 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
(c) After such budget and basis of contribution have been ap-
proved by the Administrator, to determine and obtain equitable con-
t~ribution as above set forth by all members of the industry, and to
that end, if necessary, to institute legal proceedings therefore in its
2. Each member of the industry shall pay his or its equitable con-
tribution to the expenses of the maintenance of the Code Authority,
determined as hereinabove provided, and subject to rules and regula-
tions pertaining thereto issued by the Administrator. Only members
of the industry complying with the code and contributing to the ex-
penses of its administration as hereinabove provided, unless duly ex-
empted from miakingr such cornt~rhibutions, hall be entitled to partici-
pate in the selection of members of the Code Authority or to receive
the benefits of any of its voluntary activities or to makie use of any
emblem or insignia of the National Recovery Administration.
3. The 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 exceed the total amount con-
tained in the approved budget, except upon approval of the Admin-
istrator; and no subsequent budget shall contain any deficiency item
for expenditures in excess of prior budget estimates except those
which the Administrator shall have so approved.
Approved Code No. 264--Aenmendet No. 1.
Registry No. 1112-02.
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