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Approved Code No. 138-Amendment No.2 Registry No. 1318-1-02 

NATIONAL RECOVERY ADl\1INISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

ANTI-FRICTION BEARING 

INDUSTRY 

AS APPROVED ON NOVEMBER 19, 1934 

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UNITED STATES 

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WASHIN GTON : 1934 

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Approved Code No. 138-Amendment No. 2 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

ANTI-FRICTION BEARING INDUSTRY 

As Approved on November 19, 1933 

ORDER 

ArPRO\TKG A:M:EXDl\IENT OF ConE OFF AIR CoMPETITION FOR THE AxnFRICTION BEARING INDUSTRY 

An application having been duly made pursuant to ancl in full 

compliance with the provisions of Title I of the National Inclu trial 

Recovery Act, approved June 16, 1933, for approval of an amend- ment to a Cole of Fair Competition for the Anti-Friction Bearing 

Incl u try and due notice and opportunity to be heard ha' ing been 

given thereon and the annexed report on aid amendment, contain- ina· finding with re pect thereto ha\ ing been made and directed to 

the President; 

NO\V, THEREFORE, on behalf of th Pre ident of the Unit cl 

State , the National Industrial Recovery Board, pur uant to authority vested in it by Exe utive Order of the President, including 

Executive Order 6859, and otherwise, does hereby incorporate, by 

reference said ann xed report and does find that said amendment 

and the Code as constituted after being amended comply in all 

re pect · with the pertinent provisions and will promote the policy 

and purpo e, of ·aid title of said Act, and does hereby order that 

aid amendment be and it is hereby approved, and that the previou. 

approval of said Code is hereby amended to include an approval of 

<::aiel Code in it entirety as amtmded. 

NATIONAL I NDUSTRIAL RECOVERY BoARD, 

By \V. A. HARRIMAN, Adn~irdst7·ativ e 'Officer. 

ApproYal recommended: 

BARTox \V. J\rfuRRAY, 

Divisio·n Admini t}'(dor. 

\ VA HIXGT N, D. c. 

No ·emb J' 19, 1934. 

DLl 3°---- 323 7~ ----34 (1) 
REPORT TO THE PRESIDENT 

The PRESIDENT, 

The W kite H ottse. 

Sm: 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 AntiFriction Bearing Industry, submitted by the Code Authority. Fair 

notice of opportunity to file objections to this amendment was given 

to all interested parties. No objections were filed. 

This amendment was drawn up and proposed in accordance with 

Executive Order No. 6678, dated April 14, 1934, and Administrative 

Order No. X-3G. It is intended to govern the collection of expenses 

of code administration by the Anti-Friction Bearing Code Authority. 

This amendment cloes not in any 'ivay affect the labor provisions of 

t.ho Code nor anything other than assessment for expenses of code 

administration. 

FINDINGS 

The Acting Deputy Administrator in his final report to the N ational Industrial Recovery Board on said amendment to said Code 

having found as herein set forth ancl on the basis of all the proceed- ing:-; in this matter: 

The Board finds that: 

( n) The amendment to said Code and the Code as amended are 

\Yell 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 climinish 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 Jnaintainjug united action of labor n.nd 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 

pro<1uction (except as may be temporarily required), by increasing 

the consumption of industrial and agricultural produc.ts through 

jncreasing purchasing power, by reducing and relieving unemployment, by improving standards of labor, and by otherwise rehabilitating industry. 

(b) The Code as amended complie.s in all respects -,vith the pertinent proYisions of said .Title of said Act, including without limitation Subsection (a) of Section 3, Subsection (a) of Section 7, and 

Subsection (b) of Section 10 ther eof. 

(c) The Code cmpo\Yers the Code Authority to pre~ent the aforesa it1 amendment on behalf of the industry as a whole. 

(d) The amendment and the Code as amended are not c1esignec.1 

to and will not permit monopolies or monopolistic practices. 

(:2) 
3 

(e) The amendment and the Cole a amende l are not desio·ne l to 

and will not eliminate or oppre s mall enterpri s an l 1 'ill not 

operate to di criminate against them. 

(:f) Tho. e engao· d in oth r steps of the economic proce. · have not 

been depriYed of th 1·ight to b heard p rior to approval of said 

am ndnv"nt. 

For hese rea ons, therefore, the National Indu trial Recovery 

Board ha approv d this amendment. 

For the National Industrial Recovery Board: 

NoYEMnER 19, 1924. 

w. A. HARRIMAN, 

Adminutrative Officer. 
A~1ENDMENT TO CODE OF FAIR COMPETITION FOR 

THE ANTI-FRICTION BEARING INDUSTRY 

Amend Article VI by deleting the :::;e ·ond sentence of Paragraph 

( l), Section 1, and adding the following paragraph to ection 2. 

(i) 1. It b ing found nece . ary in order to support the administration of thi. · code and to maintain the standards of fair competition 

<>stabli heel herennder and to effectuate tho policy of the Act, the 

ode Authority is authorized: 

(a) To incur such rea on able obligation · a.· are necessary and 

proper for the foregoing purposes, and to meet ·uch obligations out 

of fun ls which may be raised ft hereinafter pro\ ided and which hall be held in trust for the purposes of the Code; 

(b) T o submit to the :National Indu trial Recovery Board for its 

approval. . nbj ect to such notice ancl opportunity to be heard a it 

may deem nece ·ary, ( 1) an itemized budget of it e timated expen es for the foregoing purposes, and (2) an equitable basi · upon 

which the funds nece Qary to llpport u h budget shall be contributed 

by members of the Indu. try; 

(c) After u h budget and basis of ·ontribution have been approved by the National Industrial RecoYery Board, to determine and 

obtain equitable contribution a. above et forth by all members of the 

Industry, and to that end,- if nee sary, to in titute legal proceeding 

therefor in its own name. 2. Each member of the Indu try ·hall pay hi or it · equitable contribution to the expenses of the maintenance of the Code Authority, 

determined a. · hereinabove provided, and . ubject to rule and regulation · pertaining thereto is ned by the National Indu trial Recovery 

Board. Only members of the Indu try complying with the Code 

and contributing to the expenses of its administration as hereinabove 

provided, unle s duly exempted from making such contributions, hall be entitled to participate in the selection of member of the 

ode Authority 01: to receive the benefits of any of it voluntary 

a tivities or to make use of any emblem or in ignia of the National 

R covery Admini tration. 

3. The Code Authority shall neither incur nor pay any obliO'ation 

ub tantially in exce of the. amount thereof a estimated in its appro-ved budO'et, and shall in no event exce.ed the. total amount contained in the approved budget, except upon approYal of theN ational 

Industrial Recovery Board; and no . tlbsequent budget shall contain 

any deficiency item for expenditures in exce s of prior budget estimate except those which the National Inclu. trial Recovery Board 

. hall have o approved. 

Apl)rOY~d ode No. 13 - Am nclment No. 2. 

R('gistry ~n. 131 '- 1-02. 

(4) 

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