Approved Code No. 163-Amendment No. 1 Registry No. 1404-3-14 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR C·OMPETITION 

FOR THE 

WHOLESALE AUTOMOTIVE 

TRADE 

AS APPROVED ON JULY 14, 1934 

WE ·oo OUR PARl 

UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASHINGTON: 1934 

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Approved Code No. 163-Arnendrnent No. 1 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

WHOLESALE AUTOMOTIVE TRADE 

As Approved on July 14, 1934 

ORDER 

APPROVING AMENDMENT TO CODE OF FAIR COMPETITION FOR THE 

w HOLESALE AUTOMOTIVE TRADE 

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 an amendment to a Code of Fair Competition for the ,vholesale Automotive 

Trade, and as contained in a Published Notice of Opportunity to be 

heard, Administrative Order No. 163-6, dated June 22, 1934, and no 

objections 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 No. 6543-A, dated December 

30, 1933, and otherwise; do hereby incorporate, by reference, said 

annexed report and do find that said am,endment 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. 

HUGH s. JOHNSON, 

Adniinistrator for I ndustrial Recovery. 

Approval r ecommended : 

C. E. Ao,urs, 

Division Administrator. 

,v AsHINGTONj D.C., 

uly 14, 1934. 

7370J 0-8ZD-G9-34 (1) 
REPORT TO THE PRESIDENT 

The PRESIDENT, 

The White House. 

Srn: An application has been duly made pursuant to and in full 

compliance with the provisions of the National Industrial E,ecovery 

Act for an amendment to the Code of Fair Competition for the 

Wholesale Automotive Trade, submitted by the Code Authority for 

the Wholesale Automotive Trade. 

The purpose and effect of the amendment are to authorize the 

Code Authority to submit a budget and method of assessment upon 

which funds shall be contributed by members of the Trade. 

The D-eputy Administrator in his final report to me on said 

amendment to said Code having found as herein set forth and on the 

basis of 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 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 dimish 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 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 the industries, by avoiding undue restrictions 

of production ( except as may be temporarily required) by increasing 

the consumption of industrial and agricultural products through 

increasing purchasing power4 by reducing and relieving 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 

Subsection (a) of Section 3, Subsection (a) of Section 7 and Subsection (b) of Section 10 thereof. 

,c) The Code empowers the Code Authority to present the aforesaid amendment on behalf of the trade as a wh_ole. 

( 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 

operate to discriminate against them. 

(2) 
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(f) Those eno-aged in other step of the economic process have 

not been depriv-ed of the right to be h ard prior to approval of 

said Amendment. 

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

Respectfully, 

JULY 14, 1934. 

HuaH S. JoHNSON, 

Ad1nilnistrator. 
AMENDMENT TO CODE OF FAIR COMPETITION FOR 

THE WHOLESALE AUTOMOTIVE TRADE 

The following shall be substituted for Section H of Article VIII: 

1. It being found necessary to support the Administration of this 

Code, in order to effectuate the policy of the Act and to maintain 

the standards of fair competition established hereunder, the Code 

Authority 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 shall be held in trust for the purposes of the Code 

and raised as hereinafter provided. 

(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 which the funds necessary to support such Budget shall be contributed by all Members of the Trade 

entitled to the benefits accruing from the 1naintenance of such 

standards, and the Administration thereof. 

(c) After such Budget and basis of assessment have been approved by the Administrator, to determine . and collect equitable 

assessments as above set forth and to that end, if necessary, institute 

legal proceedings therefor in its own name. 

2. Each Member of the Trade shall pay his or its equitable contribution to the expenses of the maintenance of the Code Authority, 

determined as hereinabove provided, and subi,Bct to rules and regulations pertaining thereto issued by the Administrator. Only 

members of the trade complying with the Code and contributing 

to the expenses of its administration as hereinabove provided, 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. 

3. The Code Authority shall neither incur nor pay any obligation 

substantially in excess of the amount 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. 

Approved Code No. 163-Amendment No. 1. 

Registry No. 1404-3-14. 

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