Amendment to code of fair competition for the foundry equipment industry as approved on August 13, 1934

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Material Information

Title:
Amendment to code of fair competition for the foundry equipment industry as approved on August 13, 1934
Portion of title:
Foundry equipment industry
Physical Description:
4 p. : ; 24 cm.
Language:
English
Creator:
United States -- National Recovery Administration
Publisher:
United States Government Printing Office
Place of Publication:
Washington, D.C
Publication Date:

Subjects

Subjects / Keywords:
Foundries -- Equipment and supplies -- United States   ( lcsh )
Genre:
federal government publication   ( marcgt )
non-fiction   ( marcgt )

Notes

Additional Physical Form:
Also available in electronic format.
General Note:
Cover title.
General Note:
At head of title: National Recovery Administration.
General Note:
"Registry No. 1112-02."
General Note:
"Approved Code No. 264--Amendment No. 1."

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004952678
oclc - 63655191
System ID:
AA00006980:00001

Full Text

























































For sale by the Baperintendent of Documents, Washington, D.C. - Price 5 cents


Approvred Code No. 84--Amendment No. 1


Registry No. 1112-42a


NATIONAL RECOVERY ADMINISTRATION




AMENDMENT TO

CODE OF FAIR COMVPET'1'ON

FOR THE


FOUNDRY EQUIPMENT

INDUSTRY


AS APPROVED ON AUGUST 18, 1934







MAMBER


ul,.

WI DO OUR PAR1












UNITED STATES
GOVERNMENT PRINTING OFFICE
WASHINGTON: 1934


I: .;






















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Approved Code No. 264--Amendment No. 1


AMENDMENT TO CODE OF FAIR COMPETITION
FOR THE

FOUNDRY EQUIPMENT INDUSTRY

As Approved on August 13, 1934


ORDER

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
President:
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,
Division Admpinistrator.
WASHINGTON, D.C.,
Autgust 13, 1934.
802560-1044-70----34 (1 3








REPORT TO THE PRESIDENT


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.
FI NDINGSB

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
rehabilitating industry.
(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
Modification.
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.
Respectfully,
Hean S. JoHNson,
Administrator.
Avoner 13, 1934.












MODIFICATION OF CODE OF FAIR COMPETITION FOR
THE FOUNDRY EQUI PMIENT INDUSTRY
P URPOSE

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
Industry.
MODIFICATIONN

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
indlust~y ;
(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
own name.
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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