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NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
WARM AIR FURNACE
AS APPROVED ON NOVEMBER 19, 1934
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Registry No. 1103-07
Approved Code No. 137-Amendment No. 3
This publication is for sale by the Superintendent of Documents, Government
Printing Office, Washington, D. C., and by district offices of the Bureau of
Foreign and Domestic Commerce.
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Approved Code No. 137-Amendment No. 3
AMENDMENT TO CODE OF FAIR COMPETITION
WARM AIR FURNACE MANUFACTURING
As Approved on November 19, 1934
APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR THE
WARM AIR F ,URNAC' 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 Warm Air Furnace
Manufacturing 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
NOW, THEREFORE, on behalf of the President of the United
States, the National Industrial Recovery Board, pursuant to author-
ity 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.
NATIONAL INDUSTRIAL RECOVERY BOARD,
By W. A. HARRIMAN, Administrative Officer.
BARTON W. MURRAY,
WASHINGTON, D. C.,
November 19, 1934.
REPORT TO THE PRESIDENT
The White House.
SIR: This is a report on the amendment to the Code of Fair Com-
petition for the Warm Air Furnace Manufacturing Industry, as
submitted by the.Code Authority of said Industry pursuant to Arti-
cle V, Section 2 of said Code. A public hearing was held on May 24,
1934, in accordance with the provisions of the National Industrial
The amendment, which limits discounts, will eliminate discriimina-
tion between customers.
The Assi.tant Depluty Administratoi" in his final report to the Na-
tional Industrial Recovery Board on said amendment to -aid Code
having found as herein set forth, and on the basis of all the proceed-
ings 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
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 com-
petitive practices, by promoting the restriction of production (ex-
cept as may be temporarily required), by increasing the consumption
of industrial and agricultural pjioducts through increasing purchas-
ing power, by reducing and relieving unemployment, by improving
standards of labor, and by otherwise rehabilitating industry.
(b) The Code as amended complies in all respects with the per-
tinent provisions of said Title of said Act, including without limi-
tation 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
aforesaid amendment on behalf of the Industry as a whole.
(d) The amendment and the Code as amended- are not designed
to and will not permit monopolies or monopolistic practices.
(e) The amendment and the Code as amended are not de-igned
to and will not eliminate or oppress small enterpri,-es and 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 said
For these rea-on.s, this amendment has been approved.
For the National Industrial IR-covery Board:
W. A. HARRIMAN,
A dm i ist,rutiv'e O ice'r.
NoVEMBEIR 19, 1934.
AMENDMENT TO CODE OF FAIR COMPETITION FOR THE
WARM AIR FURNACE MANUFACTURING INDUSTRY
Pursuant to Article V, Section 2 of the Code of Fair Competition
for the Warm Air Furnace Manufacturing Industry, duly approved
by the President on November 27, 1933, and further to effectuate the
policies of Title I of the National Industrial Recovery Act, the fol-
lowing amendment, is established as a part of said Code of Fair
Competition and shall be binding upon every member of the Warm
Air Furnace Manufacturing Industry.
ARTICLE III-RULES COVERING INDUSTRY
Amend Article III by adding after Section 1 (n) a new Section
nlumbered 1 (o) as follows:
1 (o) Allowing a discount for cash payment either with order or
within the usual cash discount period, that is more than five percent
of .the published price of the member allowing such discount."
Approved Code No. 137-Amendment No. 3.
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