Approved Code No. 70-Amendment No. I Registry No. 1335-05
NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
GAS COCK INDUSTRY
AS APPROVED ON JULY 12, 1934
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Approved Code No. 70--Amendment No. I
Registry No. 1335--05
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Approved Code No. 70-Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
GAS COCK INDUSTRY
As Approved on July 12, 1934
AMENDMENT TO CODE OF FAIR COMPETITION FOR THE GAS COCK
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 a Code of Fair Competition for the Gas Cock Industry, and
as contained in a published Notice of Opportunity to File Objections,
Administrative Order No. 70-9, dated June 19, 1934, and no objec-
tions having been filed as provided in said published Notice, 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 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 amendment and the Code as con-tituted
after being amended 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 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 Administrator before that time and the Administrator issues
a subsequent order to that effect.
HUGH S. JOHNSON,
Administrator for Industrial Recovery.
BARTON W. MURRAY,
July 12, 1934.
REPORT TO THE PRESIDENT
The White House.
SIR: An application has been duly made pursuant to and in full
compliance with the provisions of the National Industrial Recovery
Act, for an Amendment to the Code of Fair Competition for the
Gas Cock Industry, submitted by the Code Authority for the said
The existing provision of Article XVIII, Section 1 of the Code.
for said Industry, is entirely inadequate in view of Executive Order
6678 and Administrative Order X-36, and it is therefore evident
that the proposed amendment to Article XVIII of said Code, the
provisions of which follow closely the text of the above mentioned
Orders, will overcome the existing inadequate provisions.
The Deputy Administrator in his final report to me on said
amendment 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 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 among trade groups, by inducing and maintain-
ing united action of labor and management under adequate govern-
mental sanction and supervision, by eliminating unfair competitive
practices, by promoting the fullest possible utilization of the present
productive capacity of the industries, by avoiding undue restrictions
of production (except as may be temporarily required), by increas-
ing the consumption of industrial and agricultural products through
increasing purchasing power, by reducing and relieving unemploy-
ment, by improving standards of labor, and by otherwise rehabilitat-
(b) The Code as amended complies in all respects with the perti-
nent provisions 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 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 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
For these reasons, therefore, I have approved this amendment,
such approval and such amendment to take effect in ten (10) days,
unless good cause to the contrary is shown to me before that time
and I issue a subsequent order to that effect.
HUGH S. JOHNSON,
A dmin istrator.
JUrr 12, 1934.
MODIFICATION TO CODE OF FAIR COMPETITION FOR
THE GAS COCK INDUSTRY
Pursuant to Article XXI of the Code of Fair Competion for
the Gas Cock Industry, duly approved by the President on Octo-
ber 31, 1933, and further to effectuate the policies of Title I of
the National Industrial Act, the following modification is estab-
lished as a part of said Code of Fair Competition and shall be
binding upon every member of the Gas Cock Industry.
Modify Article XVIII by deleting Section 1 and substituting
in lieu thereof the following:
SECTION, 1. It being found necessary in order to support the
administration of this Code and to maintain the standards of fair
competition establi:-hed hereunder and to effectuate the policy of the
Act, the Code Authority is authorized, subject to the approval of the
(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 purpose 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
purpo ses, and (2) an equitable basis upon which the funds necessary
to support such budget shall be contributed by members of the
(c) AfterL such bluget and basis of contribution have been
approved by the Administrator, to dctreimine and obtain equitable
contribution as above set forth by all such members of the Industry,
and to that end, if necessary, to institute legal proceedings therefore
in its own name.
SECTION 2. Each member of the Industry shall pay his or its
equitable contribution to the expenses of the maintenance of the Code
Authority as hereinabove provided, and subject, to rules and regula-
tions 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 shall be
entitled to participate in the selection of the members of the Code
Authority or to receive the benefit of its voluntary activities or to
make use of any emblem or insignia of the National Recovery
SECTION 3. The Code Authority shall neither incur nor pay any
obligation in exce, (,f the :niolunt thlreof as estimated in its
approved budget, except upon approval of the Administrator; and
no siibseqtwnt budget sl;ill c'nitaii any deficiency item for expendi-
tures in excess of prior budget e.tilnates except those which the
Administrator -hall have so approved.
Approvell Code No. 70-Amendment No. 1.
Registry No. 1335-05.
UNIVERSITY OF FLORIDA
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