Approved Code No. 515-Amendment No. I Registry N3. 1201-08
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
AS APPROVED ON DECEMBER 18, 1934
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Approved Code No. 515-Amendment No. I
Registry Na. 1201-08
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Approved Code No. 515-Amendmendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
As Approved on December 18, 1934
APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR THE
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 an amend-
ment to a Code of Fair Competition for the Alloys Industry, and
NOTICE OF OPPORTUNITY TO BE HEARD, Administrative
Order No. 515-5, dated November 20, 1934, having been published
and no objection having been filed as provided in said published
notice, and the annexed report on said amendment containing find-
ings with respect thereto, having been made and directed to the
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, 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 re-
spects 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 amended to include an approval of
said Code in its entirety as amended, such approval and such amend-
ment to take effect ten (10) days from the date hereof, unless good
cause to the contrary is shown to the National Industrial Recovery
Board before that time and the said Board issues a subsequent Order
to that effect.
NATIONAL INDUSTRIAL RECOVERY BOARD.
By W. A. HARRIMAN, Adminiistrative Officer.
W. P. ELLIS,
Acting Division Adm initrator.
WASHINOTON, D. C., December 18, 1934.
REPORT TO THE PRESIDENT
The White House.
SIR: An application has been duly made pursuant to and in full
compliance with the provisions of the National Industrial Recovery
Act, for an amendment to the Code of Fair Competition for the
Alloys Industry, submitted by the Code Authority for the said In-
dustry and by the American Alloys Producers Association.
The existing provisions of Section 1 of Article VI of the Code
of Fair Competition for the Alloys Industry have been found to be
inadequate, in that an additional Association member of the Code
Authority is desirable in order to have proper representation of all
phases of the Industry, and furthermore, it has been found neces-
sary to provide for alternate members, in view of the fact Code
Authority members in this Industry are often called abroad on
The Deputy Administrator in his final report to us on said amend-
ment to said Code having found as herein set forth and on the basis
of all the proceedings in this matter:
WVe find 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 among trade groups, by inducing and main-
taining united action of labor and management under adequate gov-
ernmental sanction and supervision, by eliminating unfair competi-
tive practices, by promoting the fullest possible utilizatibn of the
present productive capacity of industries, by avoiding undue restric-
tion of production (except as may be temporarily required), by in-
creasing the consumption of industrial and agricultural products
through increasing purchasing power, by reducing and relieving un-
employment, by improving standards of labor, and by otherwise
(b) The Code as amended complies in all respects with the per-
tinent provision of said Title of said Act, including without limita-
tion sub-Section (a) of Section 3, sub-Section (a) of Section 7 and
sub-Section (b) of Section 10 thereof.
(c) The amendment and the Code as amended are not designed
to and 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 not
operate to discriminate against 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, therefore, we have approved this amendment.
For the National Industrial Recovery Board:
W. A. HAEIMAN,
DECEMBER 18, 1934.
AMENDMENT TO CODE OF FAIR COMPETITION FOR
THE ALLOYS INDUSTRY
Delete Section 1 of Article VI, and substitute therefore the fol-
SECTION 1. Organization and Constitution. A Code Authority to
administer this code is hereby constituted, and shall consist. of eight
(8) voting members who shall be selected by and who may be mem-
bers of the Executive Committee of the Association, and one (1)
other voting member who shall be a Member of Industry and shall
be selected by the Members of Industry who are not members of the
Association. The selection of all members to the Code Authority
shall be by a fair and equitable method of election to be approved
by the National Industrial Recovery Board. In the event. that the
selection of the Association's non-member representative on the Code
Authority is not made within thirty (30) days after the effective
date of this Code such member may be selected by the National
Industrial Recovery Board.
(a) One alternate may be selected for each Code Authority mem-
ber provided such selection is made by the same fair and equitable
method as used in the selection of such Code Authority member.
Approved Code No. 515-Amendment No. 1.
Registry No. 1201-08.
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