Approved Code No. 139-Amendment No. 1 Registry No. 1149-12 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

MACHINE TOOL AND EQUIPMENT 

DISTRIBUTING TRADE 

AS APPROVED ON JULY 31, 19M 

UNIV. 01'· FL'Vll9 OUR,. 

D C . -· ... IA\t 0~ .,.~,..,.. 

U.I. OIPOlffCMW 

UNITED STATES 

GOVERNMENT PRINTING OFFICB 

WASlliNGTON: 1934 

For sale by the Superintendent of Documents, Washington. D.C. - - - - - - - - Price 5 centa 
This publication is for sale by the Superintendent of Documents, Government 

Printing Office, Wa hington, D. ., and by district offices of the Bureau of 

Foreign and Domestic Commerce. 

DISTRICT OFFICES OF THE DEPARTMENT OF COMM.ERCE 

Atlanta, Ga.: 501, Post Office -Building. 

Birmingham, .A.la. : 257 Federal Building. 

Bo ton, Mass. : 1801 Customhouse. 

Buffalo, N.Y.: Chamber of Commerce Building. 

Charle ton, S.C.: Chamber of Commerce Building. 

Chicago, Ill.: Suite 1706, 201 North Wells Street. 

CleY land, Ohio: Chamber of. Commerce. 

Da llas, Tex. : Chamber of Commerce Building. 

Detroit, Mich.: 801 First National Bank Building. 

Houston, Tex. : Chamber of Commerce Building. 

Indianapolis, Ind. : Chamber of Commerce Building. 

Jacksonville, Fla.: Chamber of Commerce Building. 

Kan as City, Mo.: 1028 Baltimore Avenue. 

Los Angeles, Calif. : 1163 South Broadway. 

Louisville, Ky. : 408 Federal Building. 

Memphis, Tenn.: 229 Federal Building. 

Minneapolis, Minn.: 213 Federal Building. 

New Orleans, La.: Room 225-A, Customhouse. 

New York, N.Y.: 734 Customhouse. 

Norfolk, Va. : 406 East Plume Street. 

Philadelphia, Pa. : 422 Commercial Trust Building. 

Pittsburgh, Pa.: Chamber of Commerce Building. 

Portland, Oreg. : 215 New Post Office Building. 

St. Louis, Mo. : 506 Olive Street. 

San Francisco, Calif. : 310 Custombou e. 

Seattle, Wash.: 809 Federal Office Building. 
Approved Code No. 139-Amendment No. 1 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

MACHINE TOOL AND EQUIPMENT DISTRIBUTING 

TRADE 

As Ap.proved on July 31, 1934 

ORDER 

APPROVING MODIFICATION OF CODE OF FAIR COMPETITION FOR THE 

MACIDNE TooL AND EQmPMEN T DISTRIBUTING 'TRADE 

An application having been duly made pursuant to and in full 

compliance with the provisions of Title I of the N ation3l Industrial 

Recovery Act, approved June 16, 1933, for approval of a modification to a Code of Fair Competition for the Machine Tool and Equipment Distributing Trade, and Notice of Opportunity to Be H eard 

having been given 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 6543-A, dated December 30 

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

report and do 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, such approval and such modification to take effect ten 

(10) days from the date hereof, unless good cause to the contrary is 

shown to the Administrator before that time and the Administrator 

issues a subsequent order to that effect. 

H UGH s. J OHNSON, 

A dministrator for I ndustrial R eca.very. 

Approval recommended: 

BARTON w. M URRAY, 

Division Administrator. 

W ASHIN GTON, D.C., 

J uly 31, 1934. 

77406°-1044-3-34 (1) 
REPORT TO THE PRE IDE T 

The P1 E..crrDE T 

The TV hite H ouse. 

Srn: Thi i a r port on the l\1odification of the Code of Fair ompetition for the Iachine Too! and Equipment Di tributing Trade to 

include Executive Order 6678 of April 14 1934 r lating to collection 

of expen es of code admini tration. This Modification wa propo eel 

in accordance with rticle VIII of the Code, approved ovember 27, 

1933 and otic of Opportunity to Be Heard was given from June 

9 to June 23 1934. 

FINDINGS 

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

basis of all the proceedings in this matter: 

I find that: 

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

well designed to promote the policies and purposes of Title I of the 

National Industrial Recovery A.ct 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 eliminatino- 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 otherwi e rehabilitating 

industry. 

(b) The Code as modified complies in all respects with the pertinent provisions of said Title of said A.ct, including without limitation 

sub- ection (a) of Section 3, sub-section (a) of Section 7 and subsection (b) of Section 10 thereof. 

( c) The modification and the Gode as modified are not designed to 

a.nd will not permit monopolies or monopolistic practices. 

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

and will not eliminate or oppress small enterprises and will not 

operate to discriminate against them. 

( e) Tho. e enaaged in other teps of the conomic proc "'s have not 

been deprived of the rio-ht to be heard prior to approval of aid 

modification. 

For the e reason , these Modifications have be n approved by me, 

ubje th we-rer to a ten day stay in th ord r of appro al. 

Re pectfully, 

JULY 31, 1934. 

(2). 

II GII s. J H ,: ON 

i:l.d1ninistrator. 
MODIFICATION OF CODE OF FAIR COMPETITION, 

MACHINE TOOL AND EQUIPMENT DISTRIBUTING 

TRADE 

PURPOSE 

Pursuant to Article VII of the Code of Fair Competition for the 

Machine Tool and Equipment Distributing Trade, duly approved by 

the Administrator on November 27, 1933, and further to effectuate 

the policies of Title I of the National Industrial Recovery Act, the 

following modification is established as a part of said Code of Fair 

Competition and shall be binding upon every member of the Machine Tool and Equipment Distributing Trade. 

MooIFIC.ATION 

Modify Article V by deleting Section 5, and substituting in lieu 

thereof the following: 

SECTION 6. ( 1) 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: 

a. 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 purposes of the Code : 

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 members of the 

Industry: _ c. 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 members of the Industry, and to that end, 

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

(2) 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 con- tributing 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 of any of its voluntary activities 

or to make use of any emblem or insignia of the National Recovery 

Administration. 

(3) 
4 

(3) Th ode uthority hall neither incur nor pay any obligation ub tantially in xcess of the amount thereof as e timated in 

its approv d budget; and hall in no event xce d the total amount 

contain d in the approved budget x ept upon approval of the Adn1ini trator; and no subsequent budget shall contain any deficiency 

item for exp nditur s in ex e of prior budget estimates x ept 

tho which the Administrator shall have so approved. 

( 4) Any member of the Trade may become a member of the 

ssociated Machine Tool Dealers, and there shall be no inequitable 

restrictions on such membership. 

Approved Code No. 139-Amendment No. 1. 

Registry No. 1149-12. 

0 

UNIVERSITY OF FLORIDA 

II I II IIIIII Ill Ill lllll lllll II IIIIII II IIII IIIIII II 11 111111111111 1 

3 1262 08583 0643