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~~;;I..~*': .NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
A:~MERICAN 'MATCH INDUSTRY
AS APPROVED U)N APRIL 24, 1934
Registry No. 314--01
CoB$6 NFo. 195--Amendanent No. 1
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Approved Code No. 195--Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITrON
AMERICAN MATCH INDUSTRY
As Approved on April 241, 1934
APPROVINa AMENDMENT OF CODE OF FAIR COMPETITION FOR THE
AMiERICAN 11ATCH INDUSTRY
An application having been duly mande 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 a Code of Fair Competitioni for the Amerieinn Mlatch
Industry, andl hearings having been duly held thereon andl the an-
nexed report on said amendment, comraining findings with respect~
thereto, having been made andl directed to the President:
NOW~l, THEREFORE, on behalf of the President of t~he United
States, I, Hugh S. Johnson, Admninistrator for Industrial Recovery,
pursuant to authorityS vested in me by Executive Orders of the
President, including Executive Order No. 6543-A, dated December
30, 1933, and otherwise; do hereby incorporate, by reference, said
annexed report and do find that said amlendment and the Code as
constituted after being amended2 comply in all respects 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
Code is hereby modified to include an approval of said Code in its
enfetirey as amended, such approval and such amendment to take
eetffteen 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.
Honc S. JoHNwow,
Adrrinlistra~tor fori Indwltrial Recovle~ry.
Approval recommended :
GEO. L. BERRY,
DivriSion2 Ad minlstl~rator
April 94~, 12934.
REPORT''' TO THE PRESIDENT
The, Wh,'terr Houuse.
Sm: A pub111('Plchaing on an amiendmiient to the Code of Fair Com-
p~etition for the American Miatch Industry, submitted by the Code
Authority for that Ind-ustry, located at 420 Lexington Avenue, New
Yo~rk, Nrew- York, wars condluctedl in Wa'shington on April 2, 1934, in
accorda~nce with~ the p~rovisions of the National Industrial Recovery
Since the~ apprnoval of thle Code for the Amnerican MCatchi Industry
on DIecemlber 30, 1933, it has become apparent that by extending
terms of paymlent fr~om thiirty danys to sixty~ days, smaller jobbers will
be. in a better position to buy in carloads and place themselves on a
comipetitie b~asis with thie earloadl buyers.
The D~epuity A~dministrator in his final report to mne on said amend-
mient to said Code having found as herein set forth and on the basis
of all the prorceedingsu in th~is matter:
(a) Thle amndmnlentsi of said Code and the Codle as amended are
well designed to promote the policies and purposes of Title I of the
National .Industlrial Recovery Act including the removal of obstruc-
tions to the free flow of interstate and foreign commerce which tend
to d'imlinish thfe amount~ thlereof, and will pr1ovide for the general
welfarec by pr~omioting th~e organization of industry for the purpose
of c~ooperative action of labor and management under ad~equate
gover~nmelntal Lanction and supervision, by chan~natm~rg unfair com-
petitive practices, by promoting the fullest possible utilization of the
present pr'oductivee enpacity of the ind'ustries, by avoiding undue re-
strictions of production (except as miay be temporarily required),
by increasing the c~onsum~ption of industrial andt agricultural prod-
netsj through increasing purchasing power, by reducing andl relievingi
url~nemloy'ment, b~y implroving sta~ndardls of labor, and~ by otherwise
(b) Thle Code as amnendled complies in all respects w~itlh the perti-
nent pr~ovisTions of said Title of said Act, including without limitation
Subsection (a) of Section 3, Subsection (a) of Section 7 and Sub-
section (b) of Section 10 thereof.
(c) The amnendnentt and the Code as amended are not designed
to and will no~t p~ermlit m1on~opolies anid monopolistic practices.
(d) "The umlendnienn t and the Code as amended are not designed
to andt will not eliminate or oppress smalnl enterprises and will not
operate to discriminate against thlem.
(e) Th~ose engaged inl other steps of the economic process have
niot been deprivied of the right to be heard prior to the approval
of said amnendmeint and miodification.
For these reasons the almenldment has been approved.
HUGH S. JoRNSON,
Ad minlis t rat or.
APRo 24, 31984.
AM~ENDMENTT TO CODE OF FAIR COMPETITION FOR
THE AMIERICAN MA\ITCH INDUSTRY'
Delete Subsection (0), Section 1 of Article V'III and substitute
"(0) No member of the industry shall extend terms of paymlent
beyond sixty (60) days from date of shipment."
This amendments shall become effective fifteen days after the date
of approval by the Admninistrator.
Approved Code No. 193---Amlendment No. 1.
Registry No. 314-01.
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