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Approved Code No. 383--Amendment No. 1
Registry No. 330--02
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
'WOOD TU RNI NG AND
AS APPROVED ON OCTOBER 19, 1934
WE DO OUR PALRT
GOENMN PRINTIN OFFI
'This publication is for sale by t~e- Superintendent of Doetun~ent~s, G~overnmernt
Printing Office, wa'shington, D. C., and by~ diistrict o~flces of the Bureau of
For~reign and Domestic Commerce.
DIST1HOT OFFICES OF THIE DEPARTMENT !OF CO~MMbPEfiRC
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Approved Code No. 383-A~mendment No. 1
AMI~ENDMIENT TO CODE OF FAIR COMPETITION
WOO0D T~UIRNINEG AND SHAIPINPG 1INDUSTRIIES
~As Approved on Oc~tober 19, 19f34
Arnoes A.ManOva I~; ; II:1~ Tor C! DE OF FAIR COMPETITION I-!I) 1.It ; T CllG r If*D
An app~lien~tio~n hav-ing beten duly made pursonntlll to and1( inull 1
compliaice with the prov\isionsl of Title I of the Nr;ationail Indusitr~ial
Reicover~y Acrt, approva\cl June1( 16, 1r3:3, for approvali~ of an amend'1(`-
nenlt to the Codelt of Farir Complletitionl for thle Woodl Tlr~ning~ and
ShapnIing~ Indulstriesp, andi dule co(nsideration hav\ing~ bee~n giiven th~ereon~
res~pect thetretot~. hav~ing beelln made andl dil!rected to t~he Pre ident:lt
NOW, THERIEFO)RE, o(n bhIr;lf of the President of the! United
Statesc, the? Natiorual Indtustr~ial nRcovery Boa nl~rd, pulr.-nant. to authior-
ity vesfted inl it by Execurtivec Orders of the Pres~1ilent. includ~ing
Exeenc~ti\ e Orde-~r Nob. 6859, andl otherwise, does hereby1,3 inco~~lrpora\tc by
reference said annexed~ repor~lt. andl does find that said annonInwnlll'lt
c~omplies in anll respe~lct.- w\it.h~ the pe;rtinenlt prvcisionsl and1I wrill pro''-
mote! the po-lircis and purposesc`~ of said Titlet of saidZ Act; and1( cloes
hlerebyS orde;r that said amndmen~rlnt be and it is hereb~y approved.
NATIONSll. TNDUSTRIAIL RELEVI\. ltY BOA(D,
B~y G.~ A. Lurcr,.l dininlstivrlt~ le, Otfre r.
Approval reconunelln ded::
W. P. EZIuJS,
~AIISHNGTN, .) C.,
Oltob~r 19, 19:14.
0".'4 N'- -1 -14- O ---31 (1
REPORT TO THE PRESIDENT
The WIthite H~ouse.
SIR: This is a report on an amendment to the Code of Fair Com-
ptetition for the Wood T'urning and Shaping Industries, which has
been submitted: in accordance with Execu~tive Order No. C6678.
This amendment enables the Cxode Authority to incur such reason-
able obligations as are necessary to support the administration of
the code and to maintain the standards of fair competition estab-
lishedi by this code. Ilt also enables the Code Authority to submit
an itemnizedl budget, and an. equlitab.le basis upon which the funds
necessary to support such budget shall be comtributed by the mem-
bers of the industry. Such co~ntributio~ns are made mandat~~ory by
TPhe Deputy Admuinistraztor in his final report to us on said amendZ-
ment. of said. code having fourndl as herein set forth and on the basis.
of all1 the prc.,-ed~ings.- in this matter:
We find t-hat:
(a) The amentl mlent to said code and the codelt as amnded~l~c~ are
well des~ignled' to promote the policies alnd. purposes of Title I of
the Nationlal Indus!tr~ial Recovery Act inrlcluding the 1removail of
obstructions to the free flow of interstate and forerignl commerce which
tend to diminish the amount thereof, and will prov,\idte for the gen-
eral welfare by promoting the organization of industry for the pur-
p)oiSe of cooperative action amohg trade groups by induc~iing :ldi
maintaining united action of labor and3 management undlrer adequate
governmental sanction and supervision, by elimninatting unfair comp-
petitivee practices, by promlloting the fullest possible utilization of the
present productive capacity of Ilndusltries, boy aIvo.iding undue restric-
tion of production (ecep~ilt as may be temporarily required), by in-
creasingr the col.n~umption of industrial and agricultural products
throulghb il'''ncllreai purchasing power, reducing and relieving
u~nemployme~nt, byimp~rovin standards oflabor, and by otherwise
(b) The Code as amended c~omlplies in all respects with the p~erti-
nent provisions of said Title of said Act, including without limita-
tion sub-section (a7) of Section 3, sub-section (a) of Section 7a and
sub-section (b>) of Section 10 thereof.
(c) The Code emp~owers the C~ode Auzthority to, present thle afore-
said amendmenti~ n on. behalf of the indus~ltry3 as a wh~ole.
(d) The amendnment, and the codeP as amendedr are not, designedli to
and will not pe~llrmit molcnolpolies or mlonopo'listic practices.
(e) The amendment and the codelt as nineII1~rale ae not desriged~P I to
and will not elbuirnate or oppress small enlterprise~s and will not
operate to discriminazte against them.
(lf) -Those engraged in other steps of the economic plrcess~ have( not
been derpr~ived of ther right to be~ heard' pr~ior to approval of salid
For others recasonls tht~is amlendmentllt has been. apprroved.
]For ther National ITnd-ust~ial nRecovery Boal~rd:
G). A. LYNcH,
OCTOBEr. 19, 10 4.
AM/IENDMEIFNT TO COD)E OF F1AIR COMPETITION ]FOR
THE WOOD TIURNING AND) SHAI~PING INDUSTRIES
Delete present Airticle VI, Section 6j, Part A, anld substitute in lieu
thereof the following:
1. ICt being found neceSsar'y in order to supp~lort th~e admlinlihtrationil
of this code and to maintain the standards of fair compeltit ion~ estab-
lishedl hereundler and to effectuate the policy of the Act, the Code
Authority is authlorizedt:
(a) To incur ulchl reasonlable. obligations as are: necessary and
pr"oper for the foregoing p~urposes, andZ to meet such obligations out
of funds which malcy be raised as hereinafter providled and which
shall be held in trust for the purposes of thne. Code;
(b>) To submit to the National Indlustr~ial Recovery Board for its
approval, subject to such notice and opportunity to be heard as it
mlay deeml necessary (1) anr itemlized' budget of its estimated expesesllr
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 Industry;
(c) After such budget and husris of contribution have been ap-
proved- by the Naticlnal Industrial Recovery Board, to det~termlline and
obtain equitable contributions as above set forth b~y all members of
the I~ndustry, and to that enld, if necessary, t~o institute legal proceed-
in~gs therefore in its own name.
2.' Each mlember of the Industry shall pay his: or its: equitable con-
tribution to thte expenses of the maintenance of the Code ~Auth-ority,
d~eterm~ined~~ as hereinatbove provided, and subject to rules and regu-
lations pertaining thlerto~ issued by the National Industrial Recovery
Board. Only members of thke Indu~stry complying with the Code
and contribution~ to t-he expense of its administration as hereinabove
providled, unless dul~y exempted from makiing such contribution, shall
be entitled to participate in the selection of members of the C~ode
Authority or to receptive the benefits of any of its voluntary activities
or to make use of a~ny emnbleml or insignia of the ~Nat~ional Recovery
3. The Code Authority shall neither incur nor pay any obliga-
tion substantially in excess of the amount thereof as estimated in
its approved budget, and shall in no event exceed the total amount
contained in the! approved budget, exscet~lt upon approval of the
National Industrial Recovery Board; and no subsequent budget shall
contain any deficiency item for expenditures mn excess of prior budget
estimates except those which the National Industrial Recoveryl Board
shall have so approved.
Approvedl Code No. 383--Amecndment No. 1.
Registry No. 33(1-02.
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