Approved Code No. 290-Amendment No. 1 Registry No. 407-09 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

PHOTOGRAPHIC MOUNT 

INDUSTRY 

AS APPROVED ON SEPTEMBER 25, 1934 

WE DO OUR PART 

UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASHINGTON: 1934 

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Approved Code No. 290-Amendment No. 1 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

PHOTOGRAPHIC MOUNT INDUSTRY 

As Approved on September 25, 1934 

ORDER 

APPROVING MODIFICATION OF CODE OF FAIR COMPETITION FOR THE 

PHOTOGRAPHIC MOUNT 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 a modification 

to a Code of Fair Competition for the Photographic Mount Industry, 

and due notice and opportunity to be heard having been given 

thereon, and the annexed report on said modification, 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 No. 6543-A, dated December 30, 

1933, and otherwise; do hereby incorporate by reference, said annexed 

report and find that said modification and the Code as constituted 

after being modified 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 modification 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 

modified. 

Approval recommended: 

JOSEPH F. BATTLEY, 

HUGH s. JOHNSON, 

Administrator for Industrial Recovery. 

Acting Division Administrator. 

,v-ASHINGTON, D.C., 

September 25, 1934. 

87676°-.-1181-!)6-34 (1) 
REPORT TO THE PRESIDE T 

The PRESIDENT, 

The White House. 

Sm: This is a report on a modification of the Code of Fair Competition for the Photographic :Mount Indu try which was approved 

by you on February 17, 1934. 

The effect of this amendment will enable the Code Authority to 

submit a budget and basis of asses ment and give it the power to 

institute legal proceedings, if necessary, for the collection of said 

asse sments. 

The Deputy Administrator in his final r eport to me on said modification of said Code having found as herein set forth and on the 

ba is of all the proceedings in this matter : 

I find that: 

(a) The modification of said Code and the Code as modified are 

well desirrned 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 dimini h the amount thereof7 and wjll provide for the general 

welfare by J?romoting the organization of industry for the purpo e 

of cooperative action of labor and management under adequate 

gm ernmental sanction and supervision, by eliminating unfair competitive practices, by promoting the fullest possible utilization of the 

present productive capacity of indu tries, by avoiding undue restriction of production ( except as may be temporarily required), by increasing th consumption of industrial and agricultural products 

through increasing purchasing power, by reducing and relieving 

unemployment, by improving standard of labor and by otherwise 

rehabilitating industry. 

(b) The Code as modified complie in all re pects with the pertinent provisions of said Title of said Act, including without limitation sub-section (a) of Section 3, uh-section (a) of Section 7 and 

sub-section (b) of Section 10 thereof. 

( c) The Code empowers the Code Authority to propose the modification on behalf of the Industry as a whole. 

(d) The modification and the Code as modified are not designed 

to and will not permit monopolies or monopolistic practices. 

( e) The modification and the Code as modified are not designed to 

and will not eliminate or oppre s small enterprises and will not 

operate to discriminate against them. 

(f) Tho e engaged in other steps of the economic process have not 

been deprived of the right to be heard prior to approval of said 

modification. 

For these reasons this modification has been approved~ 

Respect£ ull y, 

SEPTEMBER 25, 1934. 

(2) 

HuoH S. JoHNso .. , 

Adminisfrator. 
MODIFICATION OF CODE OF FAIR COMPETITION FOR 

THE PHOTOGRAPHIC MOUNT INDUSTRY 

Delete Section 5 of Article II and substitute therefor: 

5. (a) It being found necessary in order to 'support the administration of this Code and to maintain the standards of fair competi- tion established hereunder and to effectuate the policy of the Ac~ 

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 purpo,ses o.f the Code. 

2. To submit to the Administrator for his approval, subject to 

such notice and opportunity to be heard as he may deem necesc 

sary (a) an itemized budget of its estimated expenses for the 

foregoing purposes, and (b) an equitable basis upon which the 

funds neces,sary 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 1nembers of the Industry, 

and to that end, if necessary, to institute legal proceedings therefor in its own name. 

(b) 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 o.f any of its voluntary activities or to make use 

of any emblem or insignia of the National Recovery Administration. 

( c) The Code Authority shall neither incur nor pay any obligation substantially in exce,ss of the a.mount thereof as estimated in 

its approved 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. 

ApproYed Code No. 290-Amendment No. 1. 

Registry No. 407-09. 

(3) 

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