Approved Code No. 51--Amendment No. 3
Registry No. 1661--1--01
NATIONAL RECOVERY ADMINISTRATION
CrODE OF FAIR COMPETITION~
AS APPROVED ON MIARCH 6, 1935
WE DO OUR PART
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Approved C~ode No. 51l-Amendment No. 3
AMIENDME NT aTO CODE OF FAIRk COMP~f~ETITION
U MBR~ELLAC~ MVIANRU3FACT'HUReINGQ ~I~INDUSTRY
~As Approved on March 6, 1935
Arew'lc,.vsC; AMETNDM~ENT OF eODE OF FAIR COMPETITIONS FOR: TH~E
rlvanrl.I.1 MlANUFAC'TURIN'G INDEN)I'TRY
Anr appIlientioln having been duly made pursuant to and. in full
-oill;rpl-cn w\ithl the provisions of Title I of the Nattionlal Industr~ial
Recovery\ Ac(t. approved JTune 18, 1933, for approval of an amelnd-
Inen'lt to, a ('(,de~ of F'air eCompiletition for the U~mbrella Marnufactur-
ing~ Iminllstryv, an1d a notice of opportunity to be heard being issuedll
si murlta neoulyl~ with this r~e oltnunenaion, and the annexedl report
on1 said anIlndmellrnt, fonltaining finldinlgs with respect thereto, hav-ing
b~ceen mladt andll cirectedl to the Presid~ent:
NOW~\, 'THItIEREFiORE, on behalf of the Presidlent of the U~nitedl
States,, the Na~tionalZ Indus~rtr1ial RIecovrery Board, p)ursllantf to autholr-
ity re.ted in it byv Executtive Order~s of the President, includ~ing~
Executive Order No. 6859, an1d othlerwise, does hereby incorporfte~,
by reference, said annexed' report and does find that said amlendmllent
and the C'ode as constitu~tedl after being amended comnply in all re-
spec-ts with the pertin~ent provisions andl will promlote the policy and
purposes~`i o.f cnit TIitle of anir Act, and does hereby order that sa~id
amnendmll entt l br and it is hereby approved, and that the previous
approval''n of .-nid `code is hereby modijfiedl to include an app~roval of
said~ 'codc inl its, en~tiretly as amended, such app~rov:al and such amendl-
mlenltc, to tak fct'c.t twfent~y (20) days from the date hereof, unless
goodC c'us~le to flth c.ont~rarly is shown to the ~National Industrial 1Re-
cc\covery Board~t belfore: that time and the Naltionnia Industrial Recovery
BoardC issueCs a unbhsequent.l Order to that effect.
NTATIONvAL INDUSTRIAL RECOV:ERY BOARD,
By WT. A. HAnRRIMAN, ,-17 ;idmide-tratinel Opfer.
PREsnss.L; L. CoONLEY,
WVASsmNoroxS. D). C.,
Malr~ch 6, 1356.
11970 '--103-40 -35 11
Thle Pr:H lEsIDENT
ThG ~Whlite House(B.
SIR: This is a repor~it on anl ninenrth~nenlt to thec Code of Fa~ir Comn-
pectitionl for thne Umbrelln Indul~stry-.
A~rtic~le VII ~a~s amndl~lcedl b\ celeting~ Szection 4 and1~ .sublStitut~ing
therefore a newi Secltioln whlichll'' lo-an-ids fori the collecltionl of assess-
mnents by~J the Clode Authorc~lit!'.
An opportunity to in~ hearird wasr afforded~~~ all interestedl parties
and no objections: were I~re\cive by! thc National; Indlustrial Recov-ery
Board. TIhe ;Natiolnal Imb-lltr~ial Rcoveryc~~ Board~~t has~ car~efully con-
sideredl the reportl~s o~f the Indn.l,~tria~l Advl\isor! Board, Labol r A-
v-isory Board? Con-miners'.~ Advi\; ry1? Bcar~d. Resecr nch~l andc Plannlling
D;~;ci~isio and the Legal D~\ivisinnl of theC Ntionalll Rec~over Adminris-
tration which w~ere madelt ;ln thir ;imendmenltlt.
Industrial Rel~overi y Boalrl onI said~ aunshnit~ ient to anid Codle having
fouznd a,; herein set forth andl~ onI thel bus~i., of all t-he lui~oceedings~ in
It; finds that:
(a) Thre nlrwnldmentll to, ~ii.li C'ode~ and thec Cod-we as amndiciedl are
wFTell designed to pr~omot e thle policies anll purp'loCse o~f Title I of thie
Naionail~l Industrial Re~overy! Ac~t. ilc~lud~ing~ thet removac\-l of obstr~ue-
tions to the free flow of i~lt1~nte-tat andlc f:r~eign conunetr ~e w~hic~h tend
to diminish the amiounit thereo~f. andl will prov~\id e fo th~e gencrall
welfare by pl~ronw.tingp ther organizations, l of indus.- try\ for the p~urpose
of co-operativ e~ action olf laborl and1~ managemenll~lt underI aldequatf e
governmental anct~lionl mu1l supervl'\isionl, by! e~lninai~itmylr unfair coml-
petitive practices, by promi:1oting ther fullest p~ossible utilization of the
present productive enpa~c~ity~ of ind~ustries, by avoiding undn~c r~estr~ic-
tion of production (exceplt as~ may~~ be tempraiul. rly' r'equjired), b~y inl-
<'rlon.-ing the consumption o-f indul~str'ial andl agrrlicultu~ral products
through increas~ing~ purlchlaSing~ powrer, by' rducingi and relieving un-
employmentlt~~l by imnproving~ stan;ldars of labor,? and by3 otherwise
(b) The Code as amlend~edl compllllies inl all recspects withl the per-
tinent prov''isions~ of said~ Tlitle of ~aidl AZct? including~ without. lImi-
tationi iiub ectionl (a) of Siection :1, subsection (a) of Sectionn 7 and~
subsec~rrtion (b) of Sectionl 10 the~reof.
(c) The amendment andl thle C'ode as amended are not designed
to and~ will not permllit mionoupolies o~r monopolistic practices.
(d) The amlenldmen~t andI thle Code as amendled are not designed
to and will not elimilnate or' o~pp~~res small indlustr~ies and will not
operate to discrumnute~lt against thiem.
RtEPORTL TO'( THE-I1 PRESIDENT
(e) T~hose engaged in other steps of the economic process ha:ve not
been deprivred ouf tbhe right, to be heard prior to the effective datle of
F~or the above reasons this amendment has ~eenl appr~ovedc.
F~or the ~National Indu~strial RecoveryT Boarld:
WT. A. H;ARRIMLAN,
Admi~ nistr~ativec Of)?icer.
AMENDMnZIENTli TO0 CODE OF FAIR C`OMPET`ITIIO N F;OR T`H
UMBIRELLIA MIANUFAl`~CTURNRING INYDUSiTnRY
TheC follow ingb is to bet u~bstitulte d for ArtIiCle V7II, SeltCtionl 4. of
thle Code of Fair 'comperctitio n for the Umnbrelllu manufacturingg
4. It being found 1)eceCssary inl ord'~er to 61uppor1t thle admlinistrattionl
o-f this Code and to mainiitain the startndards of fair 'Comp11etitionl
estab~lilished hereunder1~-l andl( to effeCtantefC thC p)oliCy~ of thle A-t, thle
4'ode( Authlority is authorized:
(a) To incur s~c~h Ireasollnable ob~liga~tionls as nee nleceal~nry and1
p~roper for thle forego~cingr p)urposes,~i and' fC to mt 51uch1 ob~ligaltionl s olt
o~f funds which miay be raised as hereinafter provided. lrc and wich
shall be held in trust for the purposes of thle C'ode;
(b) To ubml~lit to thf~e National Indulrstrial Recovery? Bourd1' forL its
approval1, subject to such notice and1 cIloppotunity\ tos be hieardc as it
mayS d~eem necessaryS (1) aln iftemizdc~ budgel~t olf its es~timal;ted~ expeses~l
for the foregocing purposes,~~ andt (") an1 equitab~le bas~is upon' whlichl
tie funds I(c.4ner war to Supp~lort su('h bulle~et hall11 be conr~ibu'i>tedc by!
memberclls of thle bt dust ry:;
(c) After siuchl budgc-t and ba,'is of con~ltr'ibutionl have.C been~l 11p-
pr'ovedi by thie National lndjustr1ia ia Herovry.L\ Boar,nl to decterminel andl
obttain equitable contifriburtionsi as abov,\e set fnlrth~ by\ a11ll nmbr~lrs of
the, Indcustry, and to that endl if necessaryJ to institutes' legal prlo-
ceedingsl therefore in its own name.
(d1) Each mlember of the Industry! sha~ll pay? hlis orI its equ~itablle
co~ntribiut~ion to the expen-asr o~f thle malinlt~nanc-c o~f thie ('ode~ Aulthorl-
ityr, determined ;I hiereinabovc pr1ov;idedl, andt subjet~~ to ruile andi~
Ipreguslations Ipertainingc thfereto issuledl by thle Natiolnal Indltiaf'll Re'-
cotvery Bo0ardi. Onlly7 members of thle Indusrltl'Vry comply.ing~ withl the
Codrce atnd co~ntribuiting~ to the e)xpenses~. of itS adm~llintlif ttionl asc here'(-
inabove provided., (unless dutly exempitedC fromll makllingF suICh rontr~i-
bution) shall be entitled to partic~ipu,;te in ther celeCtionl of membersI~1'
of the Code Authlority or to receive thle benefits ofll? any o its volunl-
tary activities or to miake use of aIny emb13'lem or inlsign~ia o.f thet
Nat~ional Recovlery AdmIli nIistra t ionl.
(e) The Code Author~lity. shall netiter~i inlcurl nor pay any! obli-
gattion substantially in excess o~f thle amounlllt th~leref us~ es~timatedP~
in itcs approved budget, and shall inl no evecnt exceedl thie toital oni-
tained in the approved bud~iget, x~ep~t. upon1 a11pproval o.f the Nui-
tina IdutralReovr Board: anld nc hllubslllequet budgcE~t shllll
corlntin any deficiency itemi or expendituresil. inl exscess oif pr!ior. budg~ct.
(est iimates exCept~f those which thle Na:t io~ln Indurstl~ril Recvcr\ery~ B~oardt
,shall haIve so approved\t~l.
Aprll-es1\c~ Code N~o. 51-Amlndennllt ,So. 3.
Registry No. 1661-1-01.
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