I No. .-medmt No 1
Is No. 333-Amendment No. 1
Reaistrv No. 242-1-02
: NATIONAL RECOVERY ADMINISTRATION
AMENDMENT To .'
CODE OF FAIR COMPETITION
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AS APPROVED ON SEPTEMBER 13, 1934
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Approved. Code; No. 393-Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
SOFT FIBRE MANUFACTURING INDUSTRY
As Approved on September 13, 1934
APinovMoG AMENDMENT TO THE CODE OF FAIR COMPETITION FOR THE
SOFT FIBRE MANUFACTURING 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 Soft Fibre Manufac-
turing Industry, and an. opportunity to, be beard thereon having
been given and the annexed report on.said amendment, containing
f~ndirigs -with respect thereto, having been made and directed to
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 Presi-
dent, including Executive Order No. 6543-A, dated December 30,
S1933, and otherwise, do hereby incorporate, by reference, said an-
::nexed report and do find that said amendment and the Code as
|c nhstituted after being amended comply in all respects with the
pertinent provisions and will promote the policy and purposes of
id Title of said Act, and do hereby order that said amendment be
(it it hereby approved, and that the previous approval of said
is hereby modified to include an approval of said Code in its
ety as amended, such approval and such amendment to take
i: ect ten (10) days from the date hereof, unless good cause to the
C itry is shown to the Administrator before that time and the
^4i4istrator issues a subsequent Order to that effect.
: HUGH S. JOHNSON,
Administrator for Industrial Recovery.
i.||cii ;~PENrT6rs 'L. CooNLEr,
SActing Division Administrator.
.,,. ......D .C .,
S f member 13, 1934.
eoi -11-54----84 (1)
REPORT TO THE PRESIDENT
The White House.
Srn: This is a report on an amendment to the Code of Fair Compe-
tition for the Soft Fibre Manufacturing Industry. Noticeof Oppor- 7ii
tunity to be Heard on this aniendment was published on August 24,
1934; no objections were received within the given fifteen (15) day
period ending September 8, 1934.' The amendment which is at-
tached, was presented by duly qualified and authorized representa-
tives of the Industry, complying with statutory requirements and
being the duly constituted Code Auithority under the provisions of
said Code for said Industry. .
This amendment provides for assessment of the members of the :
Soft Fibre Manufacturing Industry to defray the expenses of the
Code Authority, as set forth in Executive Order No. 6676, dated
April 14, 1934. "
The Deputy Administrator in his final report to me on said*
amendment 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
obstructions 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 governmental sanction and supervision, by eliminating up-
fair competitive practices, by promoting the fullest possible utiliza- .
tion of the present productive capacity of industries, by avoiding 1j
undue restriction of production (except as may be temporarily re-
quired), by increasing the consumption of industrial and agricul-
tural products through increasing purchasing power, by reducing: |j
and relieving unemployment, by improving standards of labor, andii
by otherwise rehabilitating industry.
(b) The Code as amended complies in all respects with the pert-
nent provisions of said Title of said Act, including without himitai'
tion sub-section (a) of Section 3, sub-section (a) of Section 7 ahdn*.:
sub-section (b) of Section 10 thereof.
(c) The Code Authority is empowered to present the aforesaidi
amendment on behalf of the Industry as a whole.
(d) The amendment and thi 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 enterprises and will n 6t
operate to discriminate against them.
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(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
For these reasons this amendment has been approved.
S' : TTn .Tnwanrw
SEPTEMBER 13, 1934.
!AMENDMENT TO CODE OF FAIR COMPETITION FOR 3
THE SOFT FIBRE MANUFACTURING INDUSTRY
Article VI, Section 4, is hereby amended to read as follows:
4. It being found necessary in order to support the administration
of this Code and to maintain the standards of fair competition
established hereunder and to effectuate the policy of the Act, the :,
Code Authority is authorized:
(a) 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;
(b) To submit to the Administrator for his approval, subject to
such notice and opportunity to be heard as he may deem necessary
(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
(c) After such budget and basis of contribution have been ap-
proved by the Administrator, 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
5. Each member of the Industry shall pay his or its equitable con-
tribution to the expenses of the maintenance of the Code Authority,
determined as hereinabove provided, and subject to rules and regula-
tions pertaining thereto issued by the Administrator. Only mem-
bers of the Industry complying with the Code and contributing to
the expenses of its administration as hereinabove provided, unless
duly exempted from making such contributions, shall be entitled to
participate in the selection of members of the Code Authority or to
receive the benefits of any of its voluntary activities or to make use
of any emblem or insignia of the National Recovery Administration.
6. The Code Authority shall neither incur nor pay any obligations
substantially in excess of the amount thereof as estimated in its ap-
proved budget, and shall in no event exceed the total amount con-
tained in the approved budget, except upon approval of the Ad-
ministrator; and no subsequent budget shall contain any deficiency
item for expenditures in excess of prior budget estimates except those
which the Administrator shall have so approved.
Change the Section numbers of Article VI as follows: 5 to 7; 6 to
8, delete (d) of this Section and change (e), (f), (g), (h), and (i) to
(d), (e), (f), (g), and (h) respectively; and 7 to 9.
Approved Code No. 393--Amendment No. 1.
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UNIVERSITy OF FL ORIA ..