Approved Code No. 201T-Amendment No. 1 Registry No. 1308-06 

NATIONAL RECOVERY ADMINISTRATION 

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AMENDMENT TO SUPPLEMENTARY 

CODE OF FAIR COMPETITION 

FOR THE 

I 

I I 

ELECTRICAL WHOLESALE 

TRADE 

(A Division of the Wholesaling or Distributing Trade) 

AS APPROVED ON MARCH 14, 1935 

WE DO OUR PART 

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UNITED STATES 

GOVERNMENT PRINTING Oli'FICE 

WASHINGTON: 1935 

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Approved Code No. 201T-Amendment No. 1 

AMENDMENT TO SUPPLEMENTARY CODE OF FAIR 

COMPETITION 

FOR THE 

ELECTRICAL WHOLESALE TRADE 

As Approved on March 14, 1935 

ORDER 

APPROVING AMENDMENT OF SuPPLEMENTARY CoDE OF F Am CoMPETITION 

FoR THE ELEc TRicAL vVHoLEsALE TRADE 

.A DIVISION OF THE WHOLESALING OR DI TRIBUTING TR..-\DE 

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 approYal of an urnendm nt 

to a Supplementary Code of Fair Competition for the E lectrical 

vVholesale Trade to the Code of Fair Competition for the " Tholesaling or Distributing Trade, and hearings having been duly held thereon, and the annexed report on said amendment, containing findings 

with respect thereto, having been made and directed to the President: 

NOvV, THEREFORE, on behalf of the President of the United 

States, theN ational Industrial Recovery Board, pursuant to authority 

vested in it by Executive Orders of the President, including Ex~cutive Order 6859, elated September 27, 1934, and otherwise, does hereby 

incorporate by reference said annexed report, and does find that said 

amendment and the Supplementary Code as constitut€d after being 

amended comply in all respects with the pertinent provisions and 

will promote the policy and purposes of aid Title of said Act, and 

does hereby order that said amendment be and it is hereby approved, 

and that the previous approval of said Supplementary Code is hereby 

amended to include an approval of said Supplementary Code in its 

entirety as amended. 

NATIONAL INDUSTRIAl, RECOVERY BOARD, 

By vV. A. H ARRIMAN, Administrative Officer. 

Approval recommended: 

I-IARRY c. CARR, 

Acting Division Administrator. 

VVASHINGTON, D. c., 

March 14, 1935. 

121615°--1603--74-35 (1) 
REPORT TO THE PRESIDENT 

The PRESIDENT, 

The White House. 

Srn: This is a report of the Hearing on an amendment to a Supplementary Code of Fair Competition for the Electrical Wholesale 

Trade, a division of the Wholesaling or Distributing Trade, said 

Supplementary Code being Approved Code No. 201-Supplement 

No. 20 and approved by the Administrator for Industrial Recovery 

on August 13, 1934. The Hearing on this amendment was held at 

1320 G Street on Thursday, January 24, 1935. 

This Supplementary Code has been amended by inserting the words 

'~ or offer to grant " after the word " grant " and " or offer to allow " 

after the word " allow " in Section 8 of Article IV so that the Section 

reads as follows : 

" SEcTION 8. It shall be an unfair trade practice for a member 

of the Trade to grant or offer to grant to a customer a discount for 

cash at a per centage greater than the percentage of discount for cash 

received by such member of the Trade on the same merchandise, or 

to allow or offer to allow extra discounts for anticipation of payment, or to allow or offer to allow a discount for cash on accounts 

remaining unpaid after the tenth of the calendar month following 

date of shipment, or to grant or offer to grant any discount for cash 

where payment is made by warrant, note or trade acceptance." 

The Deputy Administrator in his final report to the National Industrial Recovery Board on said amendment to said Supplementary 

Code having found as herein set forth and on the basis of all the 

proceedings in this matter; 

The Board finds that: 

(a) The amendment to said Supplementary Code and the Supplementary 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 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 of cooperative 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 restriction of production (except 

as may be temporarily required), by increasing the consumption of 

industrial and agricultural products through increasing purchasing 

powers, by reducing and relieving unemployment, by improving 

standards of labor, and by otherwise rehabilitating industry. 

(b) The Supplementary Code as amended complies in all respects 

with the pertinent provisions of said Title of said Act, including 

(2) 
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without limitation Subsection (a) of Section 3, Subsection (a) of 

Section 7, and Subsection (b) of Section 10 ther eof. 

(c) The National Electrical Wholesalers Association was and is 

a trade association truly representative of the aforesaid Trade, and 

that said Association imposed and imposes no inequitable restrictions on admission to membership therein, and consents to this 

amendment. 

(d) The amendment and the Supplementary Code as amended 

are not designed to and will not permit monopoli es or monopolistic 

practices. 

(e) The amendment and the Supplementary Code as amended are 

not designed to and will not eliminate or oppress small enterprises 

and will not operate to discriminate against them. 

(f) Those engaged in other steps of the economic process have 

not been deprived of the right to be heard prior to the approval of 

this amendment to the Supplementary Code. 

For these reasons this amendment to the above-named Supplementary Code has been approved. 

For the National Industrial Recovery Board : 

MARCH 14, 1935. 

w. A. H ARRIMAN, 

Administrative Officer. 
AMENDMENT TO SUPPLEMENTARY CODE OF FAIR 

COMPETITION FOR THE ELECTRICAL ""\VHOLESALE 

TRADE 

.A DIVISION OF THE WHOLESALING OR DISTRIBUTING TRADE 

The Supplementary Code of Fair Competition for the Electrical 

vVholesale Trade, a division of the vVholcsaling or Distributing 

Trade, is hereby amended by changing Article IV, Section 8 so that 

Section 8 reads as follows: 

SECTION 8. It shall be an unfair trade practice for a member of 

the Trade to grant or offer to grant to a cu tomer a discount for cash 

at a percentage greater than the percentage of discount for cash 

received by such member of the Trade on the same merchandise, or 

to allow or offer to allow extra discounts for anticipation of payment, 

or to allow or offer to allow a discount for cash on accounts remaining unpaid after the tenth of the calendar month following date of 

shipment, or to grant or offer to grant any discount for cash where 

payment is made by warrant, note or trade acceptance. 

Approvccl Cocle No. 201T-Amendment No. 1. 

Registry No. 1308-06. 

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