Approved Code No. 295-Amendrnent No. 1 Registry No. 406-11 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

WATERPROOF PAPER 

INDUSTRY 

AS APPROVED ON OCTOBER 16, 1934 

WE DO OUR PART 

-- - A ,... __ ,.. 

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Approved Code No. 295-Amendment No. 1 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

WATERPROOF PAPER INDUSTRY 

As Approved on October 16, 1934 

ORDER 

APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR THE 

WA TERP ROOF p APER 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 oi an amendment to a Code oi Fair Competition £or the Waterproof Paper Industry, and due notice and opportunity to be heard having been 

given thereon, and the annexed report on said amendment, containing findings with respect thereto having been ma.de and directed to 

the President: 

NOW, THEREFORE, on behali oi the President of the United 

States, the National Industrial Recovery Board, pursuant to authority vested in it by Executive Orders of the President, including 

Executive Order No. 6859, dated September 27, 1934, 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 frovisions and 

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

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

and that the previous approval oi said Code is hereby amended to 

include an approval of said Code in its entirety as amended. 

NATIONAL INDUSTRIAL RECOVERY BOARD, 

By G. A. LYNCH, Admvn:istrative Officer. 

Approval recommended: 

JOSEPH F. BATTLEY, 

Acting Division Admin-istrator. 

w ASHINGTON, D. c., 

October 16, 1934. 

91860°-1244-61-84 (1) 
REPORT TO THE PRESIDENT 

The PRESIDENT, 

The White House . 

. ~IR: This is a report on an amendment of the Code of Fair Competit10n for the Waterproof Paper Industry 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 assessment and give it the power to 

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

assessments. 

The Deputy Administrator in his final report on said amendment 

of said 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 of 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 

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 power, 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 sub-section (a) of Section 3, sub-section (a) of Section 7 and 

sub-section (b) of Section 10 thereof. 

(c) The Code empowers the Code Authority to propose the 

amendment on behalf of the Industry as a whole. 

( 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 di~uiminate against them. 

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

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

amendment. 

For these reasons this amendment has been approved. 

For the National Industrial Recovery Board: 

OCTOBER 16, 1934. 

(2) 

G. A. LYNCH, 

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

THE ,vATERPROOF PAPER 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 competition established hereunder and to effectuate the policy of the Act, 

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 

whjch shall be held in trust for the purposes of the Code. 

2. To submit to the National Industrial RecoYery Board for 

its approval, subject to such notice and opportunity to be heard 

as it may deem necessary, (a) an itemized budget of its estimated expenses for the foregoing purposes, and (b) an equitable 

basis upon which the funds necessary 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 National Industrial Recovery Board, to determine and obtain equitable contribution as above set forth by all 

members of the Industry, and to that end, if necessa.ry, 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 ma.intenance of the Code Authority, determined as hereinaboYe provided, and subject to rules and 

regulations pertaining thereto issued by the National Industrial 

Recovery Board. Only members of the Industry co~nplying with 

the Code and contributing to the expenses of its a.dministration as 

hereinabove provided, unl ess duly exern.pted from making such contributions, shall be entitled to receive the benefits of 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 excess of the amount thereof as estimated in its 

approved budget, and shall in no event exceed the total amount contained in the a.pproved budget, except upon approval of the National 

Industrial Recovery Board; and no subsequent budget shall contain 

any deficiency item for expenditures in excess of prior budget estimates except those which the National Industrial Recovery Board 

shall have so approved. 

Appro-n,•cl Code No. 295~Amendment No. 1. 

Registry No. 406-11. 

(3) 

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