VigWei d Code Nb. 96-Amendment No. I Registry No. 1399-18
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
BUFF AND POLISHING
AS APPROVED ON JULY 18, 1934
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Approved Code No. 96-Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
BUFF AND POLISHING WHEEL INDUSTRY
As Approved on July 18, 1934
APPROVING MODIFICATION OF CODE OF FAIR COMrPETITION FOR THE
BUFF AND POLISHING WHEEL 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 a modifica-
tion to a Code of Fair Competition for the Buff and Polishing Wheel
Industry, and Notice of Opportunity to Be Heard having been given
and the annexed report on said modification, 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 Presi-
dent, including Executive Order 6543-A, dated December 30, 1933,
and otherwise, do hereby incorporate by reference, said annexed
report and do find that said modification and the Code as constituted
after being modified comply in all respects with the pertinent pro-
visions and will promote the policy and purposes of said Title of
said Act, and do hereby order that said modification 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 modified, such approval and such modification to take effect ten
(10) 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.
BARTow W. MURRAY,
July 18, 1934.
REPORT TO THE PRESIDENT
The White House.
SIR: This is a report on the Modification of the Code of Fair
Competition for the Buff and Polishing Wheel Industry to include
Executive Order 6678 of April 14, 1934, relating to collection of
expenses of code administration. This Modification was proposed
in accordance with Article X of the Code, approved November 4,
1933 and Notice of Opportunity to File Objections was given from
May 9 to May 23, 1934.
The Deputy Administrator in his final report to me on said Modi-
fication of said Code having found as herein set forth and on the
basis of all the proceedings in this matter:
I find that:
(a) The modification of said Code and the Code as modified 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 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
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 modified 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 modification and the Code as modified are not designed
to and will not permit monopolies or monopolistic practices.
(d) The modification and the Code as modified 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, these Modifications have been approved by me,
subject, however, to a ten day waiting period as provided in the
Order of approval.
HUGH S. JOHNSON,
JuLY 18, 1934.
MODIFICATION TO CODE OF FAIR COMPETITION FOR
THE BUFF AND POLISHING WHEEL INDUSTRY
Pursuant to Article X of the Code of Fair Competition for the
Buff and Polishing Wheel Industry, duly approved by the Admin-
istrator on November 3, 1933, and further to effectuate the policies
of Title I of the National Industrial Recovery Act, the following
modification is established as a part of said Code of Fair Competi-
tion and shall be binding upon every member of the Buff and Polish-
ing Wheel Industry.
Modify Article VI by deleting Section 1 (b), and substituting in
lieu thereof the following:
"(b) (1) It being found necessary in order to support the admin-
istration of this code and to maintain the standards of fair competi-
tion 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, (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 ap-
proved by the Administrator, to determine and obtain equitable con-
tribution as above set forth by all members of the Industry, and to
that end, if necessary, to institute legal proceedings therefore in its
"(2) Each member of the Industry shall pay his or its equitable
contribution to the expenses of the maintenance of the Code Au-
thority, determined as hereinabove provided, and subject to rules and
regulations pertaining thereto issued by the Administrator. 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 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.
"(3) The Code Authority shall neither incur nor pay any obliga-
tion in excess of the amount thereof as estimated in its approved
budget, except upon approval of the Administrator; and no sub-
sequent budget shall contain any deficiency item for expenditures in
excess of prior budget estimates except those which the Adminis-
trator shall have so approved."
Approved Code No. 96-Amendment No. 1.
Registry No. 1399-1&
UNIVERSITY OF FLORIDA
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