wied Code N4o. B~S2- endiment No. 1
Registry No. 236-1-01
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
IES' HANDBAG INDUSTRY
AS APPROVED ON JULY 3, 1934
WE DO OUR PART .'
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Approved Code No. 332-Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
LADIES' HANDBAG INDUSTRY
As Approved on July 3, 1934
APPROVING AMENDMENT OF CODE OF FATR COMPETITION FOR THE
LADIES' HANDBAG INDUSTRY
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 Ladies' Handbag
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 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,
Administrator for Industrial Recovery.
SOL A. ROSENBLATT,
July 3, 1934.
REPORT TO TH.E PRESIDENT !
The PREInsmI ,
The White House.
SIR: The Code Authority of the Ladies' Handbag Industry has
made formal application to the Administration for an amendment 1
to the Code of Fair Competition for said Industry providing for the
mandatory collection of assessments for the purpose of financing the
activities of the Code Authority.
Under date of June 15, 1934, a Notice of Opportunity to be Heard .
was issued. By the terms of the said Notice, any criticisms of, :
objections to, or suggestions concerning said amendment, might be
filed with Deputy Administrator, Dean G. Edwards prior to Thurs-
day, June 28, 1934. No criticisms, objections or suggestions how-
ever, have been received.
The Deputy Administrator, in his final report to me on said
amendment, 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 Na-
tional Industrial Recovery Act, including the removal of obstructions
to the free flow of interstate and foreign commerce which tend to
dimish the amount thereof, and will provide for the general welfare
by promoting the organization of industry for the purpose of co-
operative action among trade groups, by inducing and maintaining
action of labor and management under adequate governmental sane-
tion 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 consump-
tion of industrial and agricultural products through increasing pur-
chasing power by reducing and relieving unemployment, by improv-
ing standards of labor, and by otherwise rehabilitating industry.
(b) The Code as amended complies in all respects with the per i
tinent 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. Fg
S(e) The amendment and the Code as amended are not designed to,
and will not eliminate or oppress small enterprises and will not op-
erate to discriminate against them.
(f) Those engaged in other steps of the economic process have not
'been deprived of the right to be heard prior to approval of said
I .- For these reasons this amendment has been approved.
i, HUGH S. JOHNSON,
u. 'y r 3, 1934.
AMENDMENT TO CODE OF FAIR COMPETITION FOR TE.
LADIES' HANDBAG INDUSTRY
The Code of Fair Competition for the Ladies' Handbag Industry :;
is hereby amended by striking out Sections 6 and 8 (f) of Article
VI so that Section 7 of the Code as it now reads shall become Sectiona:
6 and Section 8 of the Code as it now reads shall become Section S:
and substituting the following for Section 8 (f).
(f) 1. It being found necessary in order to support the admin-
istration of this Code and to maintain the standards of fair comi-'!
petition established hereunder and to effectuate the policy of the :i
Act, the Code Authority is authorized:
(a) To incure such reasonable obligations as are necessary and 3
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;
(b) To submit to the Administrator for his approval, subject .:
to such notice and opportunity to be heard as he may deem nee- :
essary (1) an itemized budget of its estimated expenses for the :
foregoing purposes, and (2) an equitable basis upon which the::
funds necessary to support such budget shall be contributed by
members of the industry;
(c) After such budget and basis of contribution have been:
approved by the Administrator, to determine and obtain equi-P.
table contribution as above set forth by all members of the in-
dustry, and to that end, if necessary, to institute legal proceed-i:;
ings therefore in its own name.
2. Each member of the industry shall pay his or its equitable cdnoi-:
tribution to the expenses of the maintenance of the Code Authority1'
determined as hereinabove provided, and subject to rules and regular-i!b
tions pertaining thereto issued by the Administrator. Only me im-:
bers of the industry complying with the code and contributing to tehi'
expenses of its administration as hereinabove provided, shall ibe
entitled to participate in the selection of .members of the Codes:j
Authority or to receive the benefits of any of its voluntary activity k'P
3. The Code Authority shall neither incur nor pay any obligationsa:
in excess of the amount thereof as estimated in its approved budget, i
except upon approval of the Administrator; and no subsequent bud- '
get shall contain any deficiency item for expenditures in excess of t9
prior budget estimates except those which the Administrator shall':
have so approved.
Approved Code No. 332-Amendment No. 1. .-
Registry No. 236-1-01. ,:
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