Approved Code No. 306-Amendment No. 2 Registry No. 1013-13 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE I 

MICA INDUSTRY 

AS APPROVED ON AUGUST 28, 1934 

WE ·Do. OUR PART 

UNITED STATES 

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WASHINGTON: 1934 

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Approved Code No. 306-Arnendment No.2 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

MICA INDUSTRY 

.As Approved on August 28, 1934 

ORDER 

APPROVING AMENDMENT TO ConE OF FAIR CoMPETITION FOR THE MICA 

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 the approval of an amendment to a Code of Fair Competition for the Mica Industry, arid 

NOTICE OF OPPORTUNITY TO BE HEARD, Administrative 

Order No. 306-5, dated June 11, 1934, having been published and no 

objection 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 President, 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 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. 

HuGH S. JoHNSON, 

Ad1ninistrator for lndust1"ial R ecovery. 

Approval recommended: 

C. E. ADAMS, 

Division Ad1ninistrator 

WASHINGTON, D.C., 

A ug'ust ~8, 1934. 

83160°----1044-136----34 

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REPORT TO THE PRESIDENT 

The PRE-SIDENT, 

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 An1endment to the Code o:f Fair Competition :for the 

Mica Industry, submitted by the Code Authority :for the said 

Industry. 

The existing provision o:f Article VI, Section 6 o:f the Code :for 

the 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 VI o:f said Code, the provisions o:f which :foll<>w closely the text o:f the above mentioned 

Orders, will overcome the existing inadequate provisions. 

FINDINGS 

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 

o:f 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 o:f Title I o:f the 

National Industrial Recovery Act including the removal o:f obstructions to the :free flow o:f 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 

o:f cooperative action among trade groups, by inducing and maintaining united action o:f labor and management under adequate 

governmental sanction and su.Pervision, by eliminating unfair competitive practices, by promotrng the :fullest possible utilization o:f 

the present productive capacity o:f industries, by avoiding undue restriction o:f production (except as may be temporarily required), by 

increasing the consumption o:f industrial and agricultural products 

through increasing purchasing power, by reducing and relieving 

lmemployment, by improving standards of labor, and by otherwise 

rehabilitating industry. 

(b) The Code as amended complies in all respects with the pertinent provision o:f said Title o:f said Act, including without limitation sub-section (a) o:f Section 3, sub-section (a) o:f Section 7 

and sub-se-ction (b) o:f 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. 

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(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 

amendment. 

For these reasons, therefore, I have approved this amendment. 

Respectfully, 

AuouST 28, 1934. 

HuGH S. JoHNSON, 

Administrator. 
AMENDMENT TO CODE OF FAIR COMPETITION FOR 

THE MICA INDUSTRY 

Section 6 of Article VI as amended on July 31, 1934, shall be 

stricken from the Code of Fair Competition for the Mica Industry 

and the following inserted in lieu thereof: 

(6) It being found necessary in order to support the administration 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: 

( 1) 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: 

(2) 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 industry: 

(3) 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. 

(6a) 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. 

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 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 

Recovery Administration. 

( 6b) The Code Authority shall neither incur nor pay any obligation substantially in excess of the amount thereof as estimated in 

its appToved budget, and shall in no event, exceed the total amount 

contained in the 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. 

Approved Code No. 306--Amendment No. 2. 

Registry No. 1013-13. 

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