NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
MACHINERY AND EQUIPMENT
AS APPROVED ON JANUARY 14, 1935
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Approved Code No. 158-Amendment No. 1
Registry No. 1399-26
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Approved Code No. 158-Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
STONE FINISHING MACHINERY AND
As Approved on January 14, 1935
APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR THE
STONE FINISHING MACHINERY AND EQITII'PMENT 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 the Code of Fair Competition for the Stone Finishing
Machinery and Equipment Industry, and opportunity to be heard
thereon having been duly noticed 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, the National Industrial Recovery Board, pursuant to
authority 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, such
approval and such amendment to take effect ten (10) days from the
date hereof, unless good cause to the contrary is shown to the
National Industrial Recovery Board before that time and the
National Industrial Recovery Board issues a subsequent order to that
effect; provided, however, that Section 7 (b) of Article VI be
deleted from said Code in its amended form.
NATIONAL INDUSTRIAL RECOVERY BOARD,
By W. A. HARRIMAN, Administrative Officer.
BARTON W. MURRAY,
Division A dmin ii.ftrator.
WASHINGTON, D. C.,
January 14, 1935.
109379 --1465-86-35 (1i
REPORT TO THE PRESIDENT
The IWh'le House.
SIR: This is a report on the Amendment to the Code of Fair
Competition for the Stone Finishing Machinery and Equipment
Industry to incorporate the principles contained in Executive Order
of April 14, 1934, relating to collection of expenses of Code Admin-
istration. This Amendment was proposed in accordance with
Article IX of the Code as approved Deceimber 15, 1933, and Notice
of Opportunity to be Heard was given from August 7 to August
The Deputy Administrator in his final report to us on said
Amendment to said Code having found as herein set forth and on
the ba-is of all the proceedings in this matter:
We 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 Indllutrial Recovery Act including the removal of obstruc-
tions to the free flow of iiiter.tate 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
restriction of production (except as may be temporarily required),
by increa;lini the consumption of industrial and agricultural prod-
ucts through increasing purchasing power, by reducing and relieving
uniimplloyimnnt. by improving standards of labor, and by otherwise
(b) Tlhe 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 Amendment and the Code as amended are not designed
to and will not permit monopolies or monopolistic practices.
(d) 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 ag :inst them.
(e) Those engnaged 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 Amlendment has been approveil subject,
however, to a ten-<1dy waiting period as provided in the Order of
For the Natioiial Induit ri;al Reco-very Board:
W.. A. HAIRISON,
JANUARY 14. 1903..
AMENDMENT TO CODE OF FAIR COMPETITION FOR
THE STONE FINISHING MACHINERY AND EQUIP-
Pursuant to Article IX, Section 2 of the Code of Fair Competi-
tion for the Stone Finishing Machiinery and Equipment Industry,
duly approved by the President on December 15, 1933, and further
to effectuate the policies of Title I of the National Industrial Re-
covery Act, the following Amendment is established as a part of
said Code of Fair Competition and shall be binding upon every
member of the Stone Finishing Machinery and Equipmentt Industry.
ARTICLE VI--A DI ISTITIsnTION
Amend Article VI by adding at the end of Section 7 three new
sections numbered 8, 9 and 10 to read as follows:
SECTION 8. It being found necessary in order to support the ad-
ministration of this code and to maintain the standards of fair com-
petition 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 National Industrial Recovery Board for its
approval, subject to such notice and opportunity to be heard as it
may deem necessary (1) an itemized budget of the Code Authority's
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 National Industrial Recovery Board, 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 pro-
ceedings therefore in its own name.
SECTION 9. Each member of the Industry shall pay his or its equi-
table contribution to the expenses of the maintenance of the Code
Authority, 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 herein-
above provided, unless duly exempted from making such contribu-
tions, shall be entitled to participate in the election n 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
SECTION 10. 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
contained 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
estimates except those which the National Industrial Recovery
Board shall have so approved.
Approved Code No. 158-Amendment No. 1.
Registry No. 1399-26.
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