NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
MEDIUM AND LOW PRICED
AS APPROVED ON MAY 8, 1935
GOVERNMENT PRINTING OFFICE
'm lle hyfleN Superintendent of Dbcuthtnts. Washington. D. C. -. Price 5 cents
Approved Code No. 175-Amendment No. 8
Registry No. 121b-1--01
This pulhlic tion is for sale by the Superintenlent of Documents, Government
Printing Office, Washington, D. C., and by the following N. R. A. offices:
Atlanta. Ga.: 625 Citizens & Southern National Bank Building.
Balltinmore, MI.: 130 Customhouse.
Birminilw.lhm. Ala.: 201 Liberty National Life Building.
Bo"ton, Mass.: Roipin 12)0, 80 Federal Street.
Huffalo, N. Y.: 219 White Building.
Chic;ago, Ill.: Room 204, 400 North Michigan Avenue.
Cleveland, Ohio.: 520 Bulkley Building.
Dallas, Tex.: 1212 Republic Bank Building.
Detroit. Mich.: 415 New Federal Building.
Houston, Tex.: 403 Milam Building.
Jacksonville, Fla.: 425 Ulilted States Courthouse and Post Office
Los Angeles, Calif.: 751 Figueroa Street, South.
Louiisville, Ky.: 408 Federal Building.
Min'neapolis, Minn.: 900 Roanoke Building.
Nashville, Tenn.: 415 Cotton States Building.
Newark, N. J.: 434 Industrial Office Building, 1060 Broad Street
New Orlean.s, La.: "14 Customhouse.
New York, N. Y.: 45 Broadway.
Oklahlma City, Okin.: 427 Commerce Exchange Building.
Philadellphia. Pa.: 933 Commercial Trust Builling.
Pitt.-lurgh. Pa.: 401 Law and Finance Building.
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Providence, 1t. I.: National Exchange Bank Building, 17 Exchange
St. Louis, Mo.: Suite 1220, 506 Olive Street.
San Francisco, Calif.: Hunibolt Bank Building, 785 Market Street
Seattle, Wash.: 1730 Exchange Building.
Approved Code No. 175-Amendment No. 3
AMENDMENT TO CODE OF FAIR COMPETITION
MEDIUM AND LOW PRICED JEWELRY
As Approved on May 8, 1935
APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR THE
MEDIUM AND Low PRICED JEWELRY 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 the Code of Fair Competition for the Medium and Low
Priced Jewelry Manufacturing Industry, said amendment being
designed to, and will make possible an equitable and just basis of
electing Industry Members of the Code Authority and an Oppor-
tunity to be Heard having been duly afforded to all interested parties
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 author-
ity vested in said Board by Executive Orders of the President, in-
cluding 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 ap-
proved, and that the previous approval of said Code is hereby modi-
fied to include an approval of said Code in its entirety as amended.
NATIONAL INDUSTRIAL RECOVERY BOARD,
By W. A. HARRIMAN, Administrative Officer.
JOHN W. UPP,
Acting Division Administrator.
WASHINGTON, D. C.,
May 8, 1935.
134837 ---1844-18---35 11
REPORT TO THE PRESIDENT
Th1, White IHol ,e'.
Si:: An application has been duly made pursuant to and in full
c',>;n)li;anic with the provisions of tile National Industrial Recovery
Act for an aImendwllt to the Code of Fair Competition for the
hMedium and Low Priced Jewelry Manufacturing Industry, sub-
iitted by tihe Code Authority for the Medium and Low Priced
Jewelry Ma unlfacturing Industry.
The purpose and effect of the amendment are to establish an
cliiit;able and just method of electing the Code Authority.
The following facts have been developed:
1. lTh' pre-('nt Section 1 (a) of Article VII provides:
(a) The Code Authority shall consist of the Council of Jewelry
and Allied Industries and one member of the Precious Jewelry
2. As the membership of the Council of Jewelry and Allied In-
(duitries cons..ists of seven hundred (700) members, this provision,
if left in the Code, would provide for a Code Authority of seven
hundred (700) members.
3. Thi-, :liviously, would set up a Code Authority that would
be unworkable and was not the original intent when this section was
4. This amendment will provide for a specified number of In-
dustry members, to serve as a Code Authority, as well as establish
a method of .Melection.
The Deputy Administrator in his final report to the National
Industrial Recovery Board on said amendment to said Code having
found as herein set forth and on the basis of all the proceedings in
It is found that:
(a) Tlw 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 among trade groups, by inducing
and maintaining united action of labor and management under
adequate governmental sanction and supervision, by eliminating
unfair competitive practices, by promoting the fullest possible util-
ization of the present productive capacity of the industries, by
avoiding undue restrictions of production (except as may be tempo-
rarily 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 (ode as amended complies in all respects with the perti-
nent 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 Code empowers the Code Authority to present the afore-
said amendment on behalf of the industry as a whole.
(d) The Amendment and the Code as amended a're not designed
to and will not permit monopolies or moniopoli-tic practices.
(e) The Amendment and the Code as amended are not dlte-ined
to and will not eliminate or oppress small enterprises aI1nd 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
For these reasons, therefore, this amendment ihas bten approved.
For the National Industrial Recovery Bord :
W. A. HARRIMAN,
A1d nitM ti'tive O -cer.
MAY 8, 1935.
AM ENl ] MENT TO CODE OF FAIR COMPETITION FOR THE
MEDIUM AND LOW PRICED JEWELRY MANUFACTUR-
Delete Section 1 (a) of Article 7 and substitute the following:
The Code Authority -hall consist of nine members of the industry
elected through a fair method of selection approved by the National
Industrial Recovery Board."
Alprnved Code No. 175--Amendment No. 3.
Registry No. 1215-1-01.
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