Approved Code No. 54-Amendment No.3 Registry No. 274-1-01 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

THROWING INDUSTRY 

AS APPROVED ON AUGUST 1, 1934 

WE DO OUR PART 

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UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASHINGTON: 1934 

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Approved Code No. 54--Amendment No. 3 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

THRO~NGINDUSTRY 

As Approved on August 1, 1934 

ORDER 

APPROVING AMENDMENT oF CoDE OF F .AIR CoMPETITION FOR THE 

THROWING INDUSTRY 

An application having been duly made pursuant to and in full 

compliance with the provisions of Title I of theN ational Industrial 

Recovery Act, approved June 16, 1933, for approval of an amendment to a Code of Fair Competition for the Throwing Industry, and 

hearings having been duly held thereon and the annexed report on 

said amendment, containing findings with respe-ct 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 

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 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 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 

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. 

.... 

HuGHS. JoHNSoN, 

Administrator for Industrial Recovery . 

Approval recommended: 

RoBERT L. HousToN, 

Divi.sion Adndnistrator. 

V\T .ASHINGTON, D.C., 

August 1, lfJ34. 

77611°----1044-8----34 (1) 
REPORT TO THE PRESIDENT 

The PRESIDENT, 

The W hite H ouse. 

Srn: The attached modification of Section 4 of the Code of Fair 

Competition for the Throwing Industry has been made so that the. 

Code Administration Committee may assess members of the Industry 

. for the purpose of raising funds to meet the costs of administration. 

FINDINGS 

The Deputy Administrator in his final report to me on said 

amendment of said Code having found as herein set forth and on 

the basis of all the proceedings in this matter : 

I find that: 

(a ) T he amendment of 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 interst ate and foreign commerce 

which tend to diminish the amount thereof, and will provide for 

the general welfar e 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 competitive practices, by promoting the fullest possible utilization of the present productive capacity of industries, by avoiding 

undue r estriction of production (except as may be temporarily 

r equired) , by increasing the consumption of industrial and agricultural products through increasing purchasing power, by reducing 

and r elieving unemployment, by improving standards of labor, and 

by otherwise rehabilitating industry. 

(b) The Code as amended complies in all respects with the 

pertinent provisions of said Title of said Act, including without 

limitation Subwction (a) of Section 3, Subsection (a) Section 7 and 

Subsection (b) of Section 10 thereof. 

(c) The Code empowers the Code Administration Committee to 

pr esent 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 designed 

to and will not eliminate or oppress small enterprises and will not 

oper ate to discrin1inat e 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 

amendment. 

For these r easons, this amendment has been approved. 

Respectfully, 

AuausT 1, 1934. 

(2) 

HuGHS. JoHNsoN, 

Adminisflrator. 
AMEND~1ENT TO CODE OF FAIR COMPETITION FOR 

THE THROvVING INDUSTRY 

Sections 4(c) and 4(h) (4) of the Code of Fair Com.petition :for 

the Throwing Industry, as amended on April 19, 1934, shall be de- leted and the following Section inserted in the place of Section 4 (c) : 

" (c) 1. It being found necessary in order to support the adminis- tratiOn of this Code and to maintain the standards of fair competition established hereunder and to effectuate the policy of the Act, the 

Code Administration Committee 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 'vhich the funds 

necessary to support such budget shall be contributed by members 

of the Industry: 

"(c) After such budget and basis of contribution have been approved by the Administrator, 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 therefor in 

its own name. 

"2. Each member of the Industry shall pay his or its equitable 

contribution to the expenses of the maintenance of the Code Administration Committee determined as hereinabove provided, and sub- ject to rules and regulations 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, unless duly exempted from making such contri- butions, shall be entitled to participate in the selection of membors 

of the Code Administration Committee or to receive the benefits of 

any of its voluntary activities or to make use of any emblem or 

insignia of the National Recovery Administration. 

" 3. The Code Administration Committee shall neither incur nor 

pay any obligation in excess of the an1ount thereof as estimated in 

its approved budget except upon approval of the Administrator; 

and no subsequent budget shall contain any deficiency item for expenditures in excess of prior budget estimates except those which 

the Administrator shall have so approved. 

"4. In voting for the Code Administration Committee each employer in this Industry, complying with the above requirements, 

shall have one vote for each 5,000 spindles or fraction thereof operated by him and registered with the Code Administration Committee." 

Approved Code No. 54-Amendment No. 3. 

Registry No. Z7 4-1-01. 

(3) 

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