Amendment to supplementary code of fair competition for the wrench manufacturing industry (a division of the fabricated ...

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Material Information

Title:
Amendment to supplementary code of fair competition for the wrench manufacturing industry (a division of the fabricated metal products manufacturing and metal finishing and metal coating industry) as approved on September 6, 1934
Portion of title:
Wrench manufacturing industry
Physical Description:
4 p. : ; 24 cm.
Language:
English
Creator:
United States -- National Recovery Administration
Publisher:
U.S. G.P.O.
Place of Publication:
Washington, D.C
Publication Date:

Subjects

Subjects / Keywords:
Wrenches -- United States   ( lcsh )
Metal products -- United States   ( lcsh )
Genre:
federal government publication   ( marcgt )
non-fiction   ( marcgt )

Notes

General Note:
Cover title.
General Note:
At head of title: National Recovery Administration.
General Note:
"Registry No. 1149-24."
General Note:
"Approved Code No. 84-O--Amendment No. 1."

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004931668
oclc - 63655366
System ID:
AA00008103:00001

Full Text






NATIONAL RECOVERY ADMINISTRATION





AMENDMENT TO SUPPLEMENTARY ,

;CODE OF FAIR COMPETITION
4SI ll


FOR THE


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WRENCH


MANUFACTURING INDUSTRY

(A Division of the Fabricated Metal Products
Manufacturing and Metal Finishing
and Metal Coating Industry)
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AS APPROVED ON SEPTEMBER 6, 1934


UNITED STATES
GOVERNMENT PRINTING OFFICE
WASHINGTON: 1934


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-oved Code No. 84-O--Amewi


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egistry No. 1149-24


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This publication is for sale by the Superintendent of Documents, Government
Printing Office, Washington, D.C., and by district offices of the Bureau of Foreign
and Domestic Commerce.

DISTRICT OFFICES OF THE DEPARTMENT OF COMMERCE

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San Francisco, Calif.: 310 Customhouse.
Seattle, Wash.: 809 Federal Office Building.









Approved Code No. 84-0-Amendment No. 1


AMENDMENT TO SUPPLEMENTARY CODE OF FAIR
COMPETITION
FOR THE

WRENCH MANUFACTURING INDUSTRY

As Approved on September 6, 1934


ORDER

APPROVING AMENDMENT TO THE SUPPLEMENTARY CODE OF FAIR COM-
PETITION FOR THE WRENCH MANUFACTURING INDUSTRY

A DIVISION OF THE FABRICATED METAL PRODUCTS MANUFACTURING AND
METAL FINISHING AND METAL COATING INDUSTRY
An application having been duly made pursuant to and in full
compliance with the provisions of Title I of the National Indus-
trial Recovery Act, approved June 16, 1933, for approval of an
amendment to the Supplementary Code of Fair Competition for the
Wrench Manufacturing Division of the Fabricated Metal Products
Manufacturing and Metal Finishing and Metal Coating Industry,
:and due notice and opportunity to be heard having been given
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 an-
nexed report and do find that said amendment and the Supple-
mentary Code as constituted after being amended comply in all re-
spects 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 Supplementary Code is hereby modified to include
an approval of said Supplementary Code in its entirety as amended.
HUGH S. JOHNSON,
Administrator for Industrial Recovery.

Approval recommended:
BARTON W. MURRAY,
Division A administrator.
WASHINGTON, D.C.,
September 6, 1934.
84632---1181-19--34 f1












REPORT TO THE PRESIDENT


The PRESIDENT,
The White Bouse.
SIR: An application has been duly made by the Supplementary
Code Authority pursuant to and in full compliance with the provi-
sions of the National Industrial Recovery Act, for an amendment to
the Supplementary Code of Fair Competition for the Wrench Mariu-
facturing Division of the Fabricated Metal Products Manufacturing
and Metal Finishing and Metal Coating Industry.
Under date of August 2, 1934 an opportunity to be heard was
afforded all interested parties. No objections were filed.

GENERAL STATEMENT

The existing provision of Article III, Section 7 (f) of this Sup-
plementary Code for said Industry, is entirely inadequate in view
of Executive Order No. 6677, dated April 14, 1934, and Adminis-
trative Order X-36, dated May 26, 1934, and it is therefore evident
that the amendment to Article III, Section 7 (f) of said Supple-
nientary Code, the provisions of which are in accordance with the
text of the above mentioned orders, will enable the Industry to secure
the desired results.
FINDINGS

The Deputy Administrator in his final report to me on said amend-
ment 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 ob-
structions to the free flow of interstate and foreign commerce which
tend to diminish the amount thereof, and will provide for the gen-
eral welfare by promoting the organization of industry for the pur-
pose of cooperative action among trade groups, by inducing and
maintaining united 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
unemployment, by improving standards of labor, and by otherwise
rehabilitating industry.
(b) The Code as amended complies in all respects with the per-
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 Supplementary Code empowers the Supplementary Code
Authority to present the aforesaid 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 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
amendment.
For these reasons, therefore, I have approved this amendment.
Respectfully,
HUOH S. JOHNSON,
Administrator.
SEPTEMBER 6, 1934.










AMENDMENT TO SUPPLEMENTARY CODE OF FAIR
COMPETITION FOR THE WRENCH MANUFACTURING
INDUSTRY

A DIVISION OF THE FABRICATED METAL PRODUCTS MANUFACTURING AND
METAL FINISHING AND METAL COATING INDUSTRY

Delete the present Subsection (f) of Section 7 of Article III and
in lieu thereof insert the following:
(f) 1. It being found necessary in order to support the adminis-
tration 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 lie 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
industry;
(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 own name.
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 con-
tributing to the expenses of its administration as hereinabove pro-
vided (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 obligation
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 Admin-
istrator; 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.
Approved Code No. 84-0-Amendment No. 1.
Registry No. 1149-24.
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