Approved Code No. 199-Amendment No. 1 Registry No. 308-1-01
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
AS APPROVED ON JULY 25, 1934
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Approved Code No. 199-Amendment No. 1
Registry No. 308-1-01
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Approved Code No. 199-Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
As Approved on July 25, 1934
APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR THE CORK
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 Cork Industry, and
hearings having been duly held thereon and the annexed report on
said amendment, containing findings with respect thereto, having
been made and directed to the President:
NOW, THEREFORE, on behalf of the President of the United
States, I. Hugh S. Johnson, Administrator for Industrial Recovery,
pursuant to authority vested in me. by Executive Orders of the
President, including Executive Order No. 6543-A, dated December
30, 1933, and otherwise; do hereby incorporate, by reference, said
annexed report and do 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 do 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, such approval and such amendment to take
effect. fourteen (14) days from the date hereof, unless good cause to
the contrary is shown to the Administrator before that time and
the Administrator issues a subsequent order to that effect.
HUGH S. JOHNSON,
Admzin.istrator For Industrial Recovery.
GEORGE L. BERRY,
July 25, 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
Cork Industry, submitted by the Code Authority for the Cork
The purpose and effect of the amendment are to make the Code
applicable to manufacturers only, which was the original purpose
and intent, and to remove anomalous conditions which have arisen
under the practical operation of the Code.
The Deputy Administrator in his final report to me on said amend-
ment to said Code having found as herein set forth and on the basis
of all the proceedings in this matter:
I 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 utilization of the
present productive capacity of the industries, by avoiding undue
restrictions of production (except as may be temporarily required),
by increasing the consumption of industrial and agricultural prod-
ucts through increasing purchasing power; by reducing and reliev-
ing unemployment, by improving standards of labor, and by
otherwise rehabilitating industry.
(b) The Code as amended complies in all respects with the per-
tinent provisions 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, I have approved this amendment.
HUGH S. JOHNSON,
JULY 25, 1934.
AMENDMENT TO CODE OF FAIR COMPETITION FOR
THE CORK INDUSTRY
Amend Article II by eliminating therefrom Section 2 and sub-
stituting therefore a new Section 2 as follows:
SEC. 2. The term 'industry' as used herein, includes the manu-
facture and sale of the products of the industry, and branches or
subdivisions thereof as may from time to time be included under
the provisions of this Code."
Approved Code No. 199-Amendiment No. 1.
Registry No. 308-1-01.
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