e.. Coe No e N R
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
AS APPROVED ON OCTOBER 16, 1934
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Approved Code No. 295-Amendment No. 1
Registry No. 406-11
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Approved Code No. 295-Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
WATERPROOF PAPER INDUSTRY
As Approved on October 16, 1934
APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR THE
WATERPROOF PAPER 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 Waterproof Paper In-
dustry, and due notice and opportunity to be heard having been
given thereon, and the annexed report on said amendment, contain-
ing findings with respect thereto having been made and directed to
NOW, THEREFORE, on behalf of the President of the United
States, the National Industrial Recovery Board, pursuant to au-
thority vested in it by Executive Orders of the President, including
Executive Order No. 6859, dated September 27, 1934, 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 respects 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.
NATIONAL INDUSTRIAL RECOVERY BOARD,
By G. A. LYNCH, Administrative Officer.
JOSEPH F. BATTLE,
Acting Division Administrator.
WASHINGTON, D. C.,
REPORT TO THE PRESIDENT
The White House.
SIR: This is a report on an amendment of the Code of Fair Compe-
tition for the Waterproof Paper Industry which was approved by
you on February 17, 1934.
The effect of this amendment will enable the Code Authority to
submit a budget and basis of assessment and give it the power to
institute legal proceedings, if necessary, for the collection of said
The Deputy Administrator in his final report on said amendment
of said Code having found as herein set forth and on the basis of all
the proceedings in this matter:
The Board finds that:
(a) The amendment of 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 of labor and management under adequate
governmental sanction and supervision, by eliminating unfair com-
petitive 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
increasing 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 perti-
nent 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 Code empowers the Code Authority to propose the
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.
(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 diEtriminate 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
For these reasons this amendment has been approved.
For the National Industrial Recovery Board:
G. A. LYNCH,
OCTOBER 16, 1934.
AMENDMENT TO CODE OF FAIR COMPETITION FOR
THE WATERPROOF PAPER INDUSTRY
Delete Section 5 of Article II and substitute therefore:
5. (a) It being found necessary in order to support the adminis-
tration of this Code and to maintain the standards of fair compe-
tition established 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 suchiobligations
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 necessary, (a) an itemized budget of its esti-
mated expenses for the foregoing purposes, and (b) an equitable
basis upon which the funds necessary to support such budget
shall be contributed by members of the Industry.
3. After such budget and basis of contribution have been
approved by the National Industrial Recovery Board, to deter-
mine and obtain equitable contribution as above set forth by all
members of the Industry, and to that end, if necessary, to insti-
tute legal proceedings therefore in its own name.
(b) Each member of the Industry shall pay his or its equitable
contribution to the expenses of the maintenance of the Code Author-
ity, determined as hereinabove provided, and subject to rules and
regulations pertaining thereto issued by the National Industrial
Recovery Board. Only members of the Industry complying with
the Code and contributing to the expenses of its administration as
hereinabove provided, unless duly exempted from making such con-
tributions, shall be entitled to receive the benefits of any of its volun-
tary activities or to make use of any emblem or insignia of the
National Recovery Administration.
(c) The Code Authority shall neither incur nor pay any obliga-
tion substantially in excess of the amount thereof as estimated in its
approved budget, and shall in no event exceed the total amount con-
tained in the approved budget, except upon approval of the National
Industrial Recovery Board; and no subsequent budget shall contain
any deficiency item for expenditures in excess of prior budget esti-
mates except those which the National Industrial Recovery Board
shall have so approved.
Approved Code No. 25-Amendment No. 1.
Registry No. 406-11.
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