NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
AS APPROVED ON JUNE 1, 1934
I MEMBER A
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Approved Code No. 35-Amendment No. I
Registry No. 1333-1-08
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Approved Code No. 35-Amendment No. 1
AMENDMENT TO CODE OF FAIR COMPETITION
TEXTILE MACHINERY MANUFACTURING
As Approved on June 1, 1934
AMENDMENT TO CODE OF FAIR COMPETITION FOR THE TEXTILE MA-
CHINERY MANUFACTUrInNG 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 Textile Machinery
Mnnufacturing Industry, and as contained in a Published Notice
of Opportunity to File Objections, Administrative Order No. 35-6,
dated May 3, 1934, and no objections having been filed as provided
in said Published Notice, and the annexed report on said amend-
ment, 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 InduIstrial Recovery,
pursuant, to authority vested in me by Executive Orders of the
President, including Executive Order 6543-A, dated December 30,
1933, and otherwise, do hereby incorporate, by reference, said an-
nexed report and do find that said amendment and the Code as con-
stituted after being amended comply in all respects *ith the perti-
nent, 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 amended to include an approval of said Code in its en-
tirety as amended, such approval and such amendment to take ef-
fect. 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 Recovefy.
A. R. GLANCY,
Division Ad in ?.is rator.
June 1, 1934.
REPORT TO THE PRESIDENT
The W'hite House.
Sn: 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
Textile Machinery Manufacturing Industry, submitted by the Code
Authority for the said Industry.
The existing provision of Article III, of the Code for said Indus-
try, is entirely inadequate in view of Executive Order 6678 and
Administrative Order X-20, both dated April 14, 1934, and it is
therefore evident that the proposed amendment to Article III of
said Code, the provisions of which follow closely the text of the
above mentioned Orders, will overcome the existing inadequate
The Deputy Administrator in his final report to me on said amend-
ment 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 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 the industries, by avoiding undue
restrictions 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 reliev-
ing unemployment, by improving standards of labor, and by other-
wise rehabilitating industry.
(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
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 said
For these reasons, therefore, I have approved this amendment.
HUGH S. JOHNSON,
JUNE 1, 1934.
AMENDMENT TO CODE OF FAIR COMPETITION
FOR THE TEXTILE MACHINERY MANUFACTURING
Pursuant to Article XI of the Code of Fair Competition for the
Textile Machinery Manufacwturing Industry, duly approved by the
President on October 3, 1933, and further to effectuate the policies
of Title I of the National Industrial Recovery Act, the following
modification is established as a part of said Code of Fair Compe-
tition and shall be binding upon every member of the Textile
Machinery Manufacturing Industry.
Delete entire Article III-Participation in the Code-and insert
in lieu of the following new Article III:
ARTICLE III-EXPE NSE OF CODE ADMINISTRATION
SECTION 1. It being found necessary in order to support the ad-
ministration of this Code and to maintain the standards of fair
Competition 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 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
purposes, and (2) an equitable basis upon which the funds necessary
to support such budget shall be contributed by members of the
(c) After :uch budget and basis of contribution have been ap-
proved by the Administrator, to determine and obtain equitable
contributions 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.
SECTION 2. Each member of the Industry shall pay his or its
equitable contribution to the expenses of the maintenance of the Code
Authority, determined as hereinabove provided, and subject to rules
and regulations pertaining thereto issued by the Administrator.
Non-payment of such share of expense shall be a violation of this
Code. 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 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
SECTION 3. The Code Authority shall neither incur nor pay any
obligation in excess of the amount thereof so estimated in its ap-
proved budget, except upon approval of the Administrator; and no
subsequent budget shall contain any deficiency item for expenditures
increases of prior budget estimates except those which the Adminis-
trator shall have so approved.
Approved Code No. 35---Amendment No. 1.
Registry No. 1333-1-08.
UNIVERSITY OF FLORIDA
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