NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
AS APPROVED ON OCTOBER 15, 1934
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Approved Code No. 177-Amendment No. I
Registry No. 1223-1-02
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Approved Code No. 177-Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
SILVERWARE MANUFACTURING INDUSTRY
As Approved on October 15, 1934
APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR THE
SILVERWARE 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 a Code of Fair Competition for the Silverware Manufactur-
ing Industry, and hearings having been duly held 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, the National Industrial Recovery Board, puri-uant to au-
thority vested in it by Executive Orders of the President, including
Executive Order No. 6859, 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 modified to include an approval of
said Code in its entirety as amended, such approval and such amend-
ment to take effect fifteen (15) 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.
NATIONAL INDUSTRIAL RECOVERY BOARD,
By G. A. LYNCH, Administrathive Officer.
Acting Division Administrator.
WASHINGTON, D. C.,
October 15, 1934.
REPORT TO THE PRESIDENT
The White House.
SIR: The Code Authority for the Silverware Manufacturing In-
dustry submitted on July 14, 1934, a request for the Amendment of
their Code to provide for the mandatory collections of the expenses
of the maintenance of the Code Authority from each member of the
Industry on an equitable basis to be approved by the National Re-
On July 19, a notice of opportunity to file criticisms, objections, or
suggestions concerning said Amendment was issued. The replies
thereto were given careful consideration and study.
The Deputy Administrator in his final report on said Amendment
to said Code having found as herein set forth and on the basis of
all the proceedings in this matter:
It is found 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 re-
strictions of production (except as may be temporarily required),
by increasing the consumption of industrial and agricultural prod-
ucts through increasing purchasing power, by reducing and relieving
unemployment, by improving standards of labor, and by otherwise
(b) The Code 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 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
operated 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 said
For these reasons, this Amendment has been approved.
For the National Industrial Recovery Board.
G. A. LYNwH,
OCTOBER 15, 1934.
AMENDMENT TO CODE OF FAIR COMPETITION FOR THE
SILVERWARE MANUFACTURING INDUSTRY
Article VII of the Code is amended by the following additions
1. Subsection (d) of Section 1 is deleted completely.
2. Subsection (e) of Section 1 becomes Subsection (d) of Sec-
3. Substitute for Subsection (g) of Section 2 the following:
(g) 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 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 its estimated
expenses for the foregoing purposes, and (2) an equitable basis upon
which the funds necessary to support such budget shall be con-
tributed 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
proceedings- therefore in its own name.
2. Each member of the industry shall pay his or its equitable con-
tribution to the expenses of the maintenance of the Code Authority,
det'errnined as hereinabove provided, and subject to rules and regula-
tions pertaining thereto issued by the National Industrial Advisory
Boa rd. Only members of the indu.st ry complying with the code and
contributing to the expenses of its administration as hereinabove
provided, (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
Industrial Recovery Administration.
3. The Code Authority shall neither incur nor pay any obligation
-llb--t;ntially in excess of the amount thereof as estimated in its
approved budget, and shall in no event exceed the total amount
c'inltained, in the approved budget, except upon approval of the
National Iundmltrial Recovery Board; and no subsequent budget shall
contain any d1cfivi-ncy item for expenditures in excess of prior budget
(-timmatc, except those which the National Industrial Recovery Board
shall have so approved.
4. Delete Section 3 and substitute therefore the following:
Each trade or industrial association directly or indirectly partici-
pating in the selection or activities of the Code Authority shall (1)
impose no inequitable restrictions on membership, and (2) submit to
the National Industrial Recovery Board true copies of its articles
of association, by-laws, regulations, and any amendments when made
thereto, together with such other information as to membership,
organization, and activities as the National Industrial Recovery
Board may deem necessary to effectuate the purposes of the Act.
Approved Code No. 177-Amendment No. 1.
Registry No. 1223-1-02.
UNIVERSITY OF FLORIDA
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