UNIVERSITY OF FLORIDA
3 1262 08482 9620
iendment No. 1
Registry No. 1039-10
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
TALC AND SOAPSTONE
AS APPROVED ON NOVEMBER 6, 1934
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Approved Code No. 350-Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
TALC AND SOAPSTONE INDUSTRY
As Approved on November 6, 1934
APPROVING AMENiIMFNT OF COl)l O(F FAIR COMPETITION FOR THE TALC
AND SOAPSTONE INDUSTRY
An application having been duly made piir-ai;nt to and in full
compliance with the provisions of Title I of the National Industrial
Recovery Act, approved June 16, 19:-3. for the approval of an
amendment to a Code of Fair Competition for the Talc and Soap-
stone Industry, and NOTICE OF OPPORTUNITY TO BE
HEARD, Adminiistrative Order 350-8, dated October 2, 1934, having
been published and no objection having been filed as provided in
said published notice, and the annexed report on said amendlim-nt
containing findings with respect thereto, having been made and
directed to the President.
NOW, THEREFORE, on behalf of the Pre-idelit of the United
States, the National Inductlrial Recovery Boirdl, pursuant to author-
ity vested in it by Exeective Orders of the President, including
Executive Order No. 6%9, and otherwise, does hereby incorporate
by reference said annexed report and does find that said amendment
and the Cod0 as constituted after being amended comply in all
respects with the pertinent provisions and will promote the policy
and purposes of said Title of .aid 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, i-ch 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. -ubsequent Order
to that ffoct.
NATIONAL INDUS.TRI.AL RECOVERY BOARD,
ByW. A. hI.AiMy.\ Ad,, int a't,'lAi: Opfieer.
W. P. ELLIS,
Acting Division A-lt di,,, ;srator.
WASIIISNi(TON, D. C.,
Novc(mber 6, 19.34.
96202*--1:12.:, *,:----:4 (.1
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 Tale
and Soapstone Industry, submitted by the Code Authority for the
The existing provision of Article VI, Section 5 of the Code for
the said Indu-try, is entirely inadequate in view of Executive Order
6678 and Administrative Order X-36, and it is therefore evident that
the amendment to Article VI of said Code, the provisions of which
follow closely the text of the above mentioned Orders, will overcome
the existing inadequate provisions.
The Deputy Administrator in his final report to us on said amend-
ment to -aid Code having found as herein set forth and on the basis
of all the proceedings in this matter:
We 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-
ti(,on to, the free flow of interstate and foreign commerce which tend
to dimini-h the amount thereof, and will provide for the general
welfare by promoting the organization of industry for the purpose
(f 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 industries. by avoiding undue restric-
tion of production (except as may be temporarily required), by in-
creasing the cons-umptiun of industrial and agricultural products
through increasing purchasing power, by reducing and relieving
uneniplofyment. by iimplroving standards of labor, and by otherwise
r.l;a ilitating in ui.-tr\'y.
(b) The Code as aIl ended c(.mplies in all respects with the perti-
nent provision of said Title of said Act, includlinig without limitation
:ub--section (a) of Section 3, sub-.section (a) of Section 7 and sub-
;(-.tior! (b) of Secti, n 10 thereof.
(c) The Code empowers the Code Authority to present the afore-
said (imendimnt on belhalf of the industry as a whole.
(d) The amendment and the Code as ;mended are not designed
to and- will not permit moni.opolir.i or monopolistic practices.
(e) 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.
(f) Those engaged in other steps of the economic proce-.s 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. HARRIMAN, Adm?7iffat;,ve Officer.
NOVEMBER 6, 1934.
AMENDMENT TO CODE OF FAIR COMPETITION FOR
THE TALC AND SOAPSTONE INDUSTRY
Delete Siubection (f) of Section 7 of Article VI. and change the
lettering of Subsections (g) and (h) to read "Subsections (f) and
(g)" respectively. Delete Section 5 of Article VI and substitute
thIrefor the following:
(a) It being found necessary in order to support the admlinistra-
tion of this Code and to maintain the standards of fair competition
c-tilAli.shtle hereunder and to effectuate the policy of the Act, the
Code Authority is authorized:
(1) To incur such reasonable obligations 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;
(2) To submit to the National Industrial Recovery Board for its
approval, subject to such notice and opportunity to be heard as it may
deem nei'essary (a) an itemized budget of its estimated expenses for
the foro-guoing purposes, and (b) an equitable basis upon which the
funds necessary to support such budget shall be contributed by mem-
bers of the Industry;
(3) After such budget and basis of contribution have been ap-
proved by the National Industrial Recovery Board, to determine and
obtain equitable contribution as above set forth by all members of the
industry, and to that end, if necessary, to institute legal proceedings
therefore in its own Iname.
(b) Each nmemiiber of the industry, shall pay his of its equitable
contribution to the expenses of the maintenance of the Code Author-
ity, determined as hereinabove provided, and subject to rules and
icgulations pertaining thereto issued by the National Industrial Re-
v.ivry Board. Only members of the industry complying with the
Code and contributing to the expenses of its administration as here-
inabove provided, unless duly exempted from maii king such conttrib l-
tions, shall be entitled to participate in the selection of members
of the Code Authority or to receive the benefits of any of its volun-
tary activities or to make use of any emblem or insignia of the
National Rec'overy Administration.
(c) The Code Authority shall neither incur nor pay any obliga-
tion substantially in excess of the amount thereof as estimated in
its all~p\oed budget, and shall in no event exceed the total amount
contained in the approved budget, except upon approval of the Na-
tional Industrial Recovery Board; and no subsequent budget shall
contain any deficiency item for expeinditurev in excess of prior
budget estimates except those which the National Indii -t ial Recovery
Board shall have so approved.
Approved Co'nd No. 350-Anieiiiilment No. 1.
Re;is.t r,. No. 11r:3-10.
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