Approved Code No. 411-Amendment No. 1 Registry No. 1133-1-05 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO I I 

CODE OF FAIR COMPETITION 

FOR THE 

BANK AND SECURITY VAULT 

MANUFACTURING INDUSTRY 

AS APPROVED ON APRIL 8, 1935 

u.i. oEpOlll'TOIW 

UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASHINGTON: 1935 

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Buffalo, N. Y.: 219 White Building. 

Chicago, Ill.: Room 20-!, 400 orth Michigan Avenue. 

Cle,eland, Ohio. : 520 Bulkley Building. 

Dalla , Tex. : 1212 Republic Bank Building. 

Detroit, l\Iich.: 415 New Federal Building. 

Houston, Tex. : 403 Milam Building. 

Jack onville, Fla.: 425 United States Courthouse and Post Office 

Building. 

Los Angeles, Calif.: 751 Figueroa Street, South. 

Louisville, Ky.: 408 Federal Building. 

Minneapolis, Minn. : 900 Roanoke Building. 

Na hville, Tenn.: 415 Cotton States Building. 

Newark, N. J.: 434 Indu trial Office Building, 1060 Broad Street. 

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Seattle, Wash.: 1730 Exchange Building. 
Approved Code No. 411-Amendment No. 1 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

BANK AND SECURITY VAULT MANUFACTURING 

INDUSTRY 

As Approved on April 8, 1935 

ORDER 

APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR THE 

BANK AND SECURITY VAULT MANUFACTURING INDUSTRY 

An application having been duly made pursuant to and in full 

compliance with the provisions 0£ Title I 0£ the National Industrial 

Recovery Act, approved June 16, 1933, £or approval of an amendment to a Code of Fair Competition £or the Bank and Security 

Vault Manufacturing Industry, and opportunity to be heard having been duly noticed, 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, the National Industrial Recovery Board, pursuant to authority vested in it by Executive Order No. 6859, and otherwise, 

does hereby incorporate, by reference, said annexed report and 

does 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 0£ said title of 

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

hereby approved, and that the said approval of said Code is hereby 

amended to include on approval of said Code in its entirety as 

amended, such approval and such amendment to take effect from 

the date hereof, unless good cause to the contrary is shown to the 

National Industrial Recovery Board within twenty (20) days from 

the date hereof and the National Industrial Recovery Board issues 

a subsequent order to that effect. 

NATIONAL INDUSTRIAL RECOVERY BOARD, 

By W. A. HARRIMAN, Ad1ninistrative Officer. 

Approval recommended: 

BARTON w. MURRAY, 

Division AdniinistratO'r. 

w ASHINGT0N' D. c., 

April 8, 1935. 

127168°-1749-23-35 (1) 
REP RT TO THE PRE IDE T 

Th PRE IDE T, 

The TI hit House. 

IR: Thi i a r port on an amendm nt to the Cod of Fair Competiti n for the Bank and ecurity anlt Manufa turinO' Indu try. 

In accordance with the requirements of th ational R covery dministration, du opportunity to be heard was afforded all inter ted 

p rson . r o obj ctions were filed . 

The amendment i de igned to provide for one de i()'nated alternate for each memb r of the ode Authority, to be elected by the 

members of the Industry. 

FINDINGS 

The A istant Deputy Administrator in his final report to the 

ational Indu trial Recovery Board on said amendment to said Code 

having found as herein set forth and on the basis of all the proceedings in this matter : 

The National Industrial Recov~ry Board finds 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 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 12resent productive capacity of industries, by avoiding undue 

restriction of production ( except as may be temporarily required), 

by increasing the consumption of industrial and agricultural prod- ucts through increasing purchasing power, by reducing and reliev- ing unemployment, by improving standards of labor, and by otherwise rehabilitating industry. 

(b) The Code as amended complies in all respects with the perti- nent provision of said title of said act, including without limitation 

subsection (a) of section 3, subsection (a) of section 7 and ubsection 

(b) of section 10 thereof. 

( c) The amendment and the Code as amended are not designed 

to and will not permit monopolies or monopoli tic practices. 

( d) The amendment and the Code as amended are not designed 

to and will not eliminate or oppress small enterpri es and will not 

operate to discriminate against them. 

( e) Tho e engaged in other steps of the economic proces have 

not been depriv d of the right to he heard prior to approval of said 

amendment. 

For th rea ons, therefore, this Amendment has been approved. 

For the ational Industrial Recovery Board. 

APRIL 8, 1935. 

(2) 

w. A. HARRIMAN 

Administrative Officer. 
AMENDMENT TO CODE. OF FAIR COMPETITION FOR 

THE BANK AND SECURITY VAULT MANUFACTURING 

INDUSTRY 

Add to Article VI, Section 1, Paragraph (b), the following 

sentences: 

One designated alternate for each member of the Code Authority 

shall be elected by the members of the Industry, at the same time 

and in the same manner as members of the Code Authority. No 

two active members of the Code Authority at the same time shall 

be officers, directors, employees, or in any way connected with the 

same member of the Industry. 

Approved Code No. 411-Amendment No. 1. 

Registry No. 1133-1--05. 

(3) 

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