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Approved Code No. 115-Amendment No. 1
Registry No. 329--02
NATIONAL RECOVERY ADMVIINISTRATION\
CODE OF FAQIR COMPETITION
WOOD PLUG INDUSTRY
AS APPROVED ON OCTOBER 20, 1934
WEi Do OUR PART
GOVERNMENT PRINTING OFFICE
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Approved Code No. 115---Amendmentt No. 1
AMENDMENT TPO CODE OF` FAIR COMPETITION
~WOOD PL[UG INDUS'I~TRY
As Approved on October 20, 1934
APPROVING AMIENDMENT OF CODE OF FAIR COMPETITION FOR TH
Woon PLUGa INDUSTRY
An application having been duly made pursuant to and in full
compliance with thne provisions of Title I of the National Indus-
trial Recovery Act, approved June 16, 1933, for approval of an
amendment to the Code of Fair Competition for the W~ood Plug
Industry, and due consideration having been given thereon and
the annexed report on said amendment, containing findings w7it'h
respect thereto, having been made and directed to the President:
NOWT, THEREFOIRE, on behalf of the President of the U~nited
States, the National Industrial Recovery Board, pursuant to au-
thority vested in it by Executive Orders of the 1Presidlent, including
Executive Order No. 6859, and otherwise, does hereby incorporate
by reference said annexred report and does find that said amendment
complies in all respects with the pertinent provisions and will pro-
mote the policies and purposes of said Title of said Act, and does
hereby order that said amendment be and it is hereby approved,
and that the previous approval of said code is hereby amended to
include an approval of said code in its entirety as amended, such
approval and such amendment to take effect te~n days from t~he
date hereof, unless good cause to the contrary is shown to the
National Industrial Recovery Board before that time and the Na-
tional Industrial Recovery 1Board issues a subsequent order to that
NATIONAL INDUSTRIAL RECOVERY BOARD,
By G. A. LYNort, Administrative O~f)cer.
Approval recommended :
W1~. P. TErTs,
Acting Division Admlr~ i naistraor.
1VASH1INGTON, D. C.,
October 90, 1'934.
0242440--1244-76---34 (1 1
REPORT TO TH-IE PRESIDENT
The White Howu4e.
SmR: Tl~his is a report on the amendmt~ent to the Code of ]Fair Coma-
petition for the WVood Plug Industry, which has been submitted in
accordance ~with Executive Order No. 6678.
This amendment enables the Code Authority to incur such reatson-
able obligations as are necessary to support the administration of the
code and to maintain the standards of fair competition established
by this code. It also enables the Code Authority to submit an itema-
ized budget, and an equitable basis upon which the funds necessary
to support such budget shall be contributed by- the members of the
industry. Such contributions are made mandatory by this amlend-
The Deputy Administrator in hnis final report to us on said amend-
ment of said code having found as herein set forth and onl the basis
of all the proceedings in this matter:
W~e find that:
(a) The amendment of said code and the code as amended are
well designed to promote the policies and purposes of Title I of the
National I~ndustrial Recovery Act including the removal of obstrue-
tions to th~e 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 purpose
of cooperati-ve actions among trade groups by inducing and maiintain-
ing united action of labor and management under adequate govern-
m~tental sanction and supervision, by eliminating unfair competitive
practices, by promoting the fullest possible utilization. of the present
\productive capacity of industries, by avoiding undue restriction of
\production (except as may be temporarily required), by increasing
the consumption of industrial and. agricultural products through in-
crea7si ngr purchasing power, by red ucin and eivn nmlye
by improving standards of labor, anj~d byd oterwievlf ruehabio letatn
S(b) The Code as amended complies in all respects with the perti-
alent provisions of said Title of said Act, including without limita-
-tion subsection (a) of Section 3, Sub-section (a) of Section T and
bub-section (b) of Section 10 thereof.
(c) The amendment and the code as amlendled are not designed
to anrd will not permit monopolies or monopolistic practices.
(d) The amendment and the code as amended are not designed
to and will not eliminate or oppress small enterprises and will niot
operate to d iscr~im in ate agaai nst them.
(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
For these reasons this amendment hnas been approved.
Fior the Nrational I~ndustrial Recovery Board:
G;. A. Ly~nc,
OOrOBER 20, 1984. Annsrtv ficr
AM~~P'l~~ENE NT TO CODE O` F~AIRt COMaPETITIION FiOR THE
WOOD PLUG INDU-STRY
Delete subsection (e) of Section 2, Article VI[, and insert in lieu
thereof the following:
It being found necessary in order to support the administration
of this Code and to maintain the standards of fair competition estab-
lished hereunder and to effectuate the policy of the Act, the Code
Authority is authorized:
(a) To incur such reasonable ob-ligationrs 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 the Code;
(b) To submit to the National Industrial Re3covery Board for its
approval, subject to such notice and opportunity to be heard as it
may deem necessary (1) an 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 industry;
(c) After such budget and basis of contribution have been
approved by the said Board, to determine and obtain equitable con-
tribution as above set forth boy all members of the industry, and to
that end, if necessary to institute legal proceedings therefore in its
1Each 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 retgulai-
tions pertaining thereto issued by the National Industrial Recovery
Board. Only members of the industry complying with thne Code
and contributing to the expenses of its administration. as hereinabove
provided, unless duly exempted from making such contribution,
shall be entitled to participate in the selection of members of the
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
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 National
Industrial Recovery Board; and no subsequent bu Jget~ shall con-
tain any deficiency Item for expenditures in excess of prior budget
estimates except those which the said Board shall have so approved.
Approved Code No. 115i---Amendment No. 1.
Registry No. 329-02.
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