NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
AND WATERPROOF SPECIALTIES
AS APPROVED ON JANUARY 18, 1935
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Approved Code No. 342-Amendment No. 2
Registry No. 899-1-01
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Approved Code No. 342-Amendment No. 2
AMENDMENT TO CODE OF FAIR COMPETITION
SANITARY AND WATERPROOF SPECIALTIES
As Approved on January 18, 1935
APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR THE SANI-
TARY AND WATERPROOF SPUIIAL.TI ES MANUFACTURING I N I)NSTH Y
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 approval of an amend-
ment to a Code of Fair Competition for the Sanitary and Water-
proof Specialties Manufacturing Industry, and opportunity to be
heard having been duly afforded all members of the Industry and the
annexed report on said amendment, containing findings with respect
thereto, having been made and directed to the Pre-ident:
NOW, THEREFORE, on behalf of the President of the United
States, the National Industrial Recovery Board, pursuant to author-
ity vested in it, by Executive Orders of the President, including
Executive Order No. 6859, dated September 27, 1934, and otherwise;
does hereby incorporate, by reference, said annexed report and does
find that said amendment and the Code as constituted after being
amended comply in all respects with the pertinent provisions and
will promote the policy 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 modified to
include an approval of said Code in its entirety as amended.
NATIONAL INDUSTRIAL RECOVERY BOARD,
ByW. A. HARRIMAN, Administrative Officer.
PRENTISS L. COONLEY,
Division Admin.bitfra tor.
WASHINGTON, D. C.,
Jan uary 18, 1935.
REPORT TO THE PRESIDENT
The White House.
SIR: This is a report on an amendment to the Code of Fair Com-
petition for the Sanitary and Waterproof Specialties Manufacturing
Article VI, Section 3 (a) was amended to provide for the incor-
poration of the Code Authority of the said industry.
An opportunity to be heard was afforded all interested parties and
all objections have been carefully considered by the National Indus-
trial Recovery Board. The National Industrial Recovery Board has
also carefully considered the reports of the Industrial Advisory
Board, Labor Advisory Board, Consumers' Advisory Board, Re-
search and Planning Division and the Legal Division of the National
Recovery Administration which were made on this amendment.
The Deputy Administrator in his final report to the National In-
dustrial Recovery Board on said amendment to said Code having
found as herein set forth and on the basis of all the proceedings in
It finds that:
(a) The amendment to said Code and the Code as amended 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
welfare by promoting the organization of industry for the purpose of
cooperative action of labor and management under adequate govern-
mental 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-
creasing purchasing power, by reducing and relieving unemployment,
by improving standards of labor, and by otherwise rehabilitating
(b) The Code as amended complies in all respects with the perti-
nent provisions of said Title of said Act, including without limita-
tion subsection (a) of Section 3, subsection (a) of Section 7 and
subsection (b) of Section 10 thereof.
(c) The Code empowers the Code Authority to present the afore-
said amendment on behalf of the industry as a whole.
(d) The amendment and the Code as amended are not designed
to and will not permit monopolies or monopolistic practices.
(e) The amendment and the Code as amended are not designed
to and will not eliminate or oppress small industries and will not
operate to discriminate against them.
(f) Those engaged in other steps of the ecllonmic process have not
been deprived of the right. to be heard prior to approval of said
For the above reasons this amendlnent has been approved.
For the National Industrial Recovery Board:
W. A. HARRIMAN,
JANUARY 18, 1935.
AMENDMENT TO CODE OF FAIR COMPETITION FOR
THE SANITARY AND WATERPROOF SPECIALTIES
The following to be added to Article VI, Section 3 (a) of the
Code of Fair Competition for the Sanitary and Waterproof Special-
ties Main fact ring Industry:
The Sanitary and Waterproof Specialties Mianufac turning Indus-
try Code Authority may, upon submission to and approval by the
National Industrial Recovery Board of its proposed Certificate of
Incorporation and By-laws, incorporate under the laws of any State
of the United States, or of the District of Columbia; such corpora-
tion to be known as the Sanitary and Waterproof Specialties Manu-
facturing Industry Code Authority, Inc. 'The powers, objects and
purposes of the said Corporation shall in all respects be limited to
the powers. objects and purposes of the Sanitary and Waterproof
Specialties Manufacturing Industry Code Authority, as provided in
this Code and the existence of the Corporation shall be during the
term of the Code.
Approved Code No. 342-Amendment No. 2.
Registry No. 899-1-01.
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