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Approved Code No. 146-Amendment No. 1 Registry No. 310-02

NATIONAL RECOVERY ADMINISTRATION

AMENDMENT TO

CODE OF FAIR COMPETITION

FOR THE

EXCELSIOR AND EXCELSIOR

PRODUCTS INDUSTRY

AS APPROVED ON OCTOBER 31, 1934

VTDO OUR PART

UNITED STATES

GOVERNMENT PRINTING OFFICE

WASHINGTON: 1934

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Approved Code No. 146-Amendment No. 1

AMENDMENT TO CODE OF FAIR COMPETITI

FOR THE

EXCELSIOR AND EXCELSIOR PRODUCT

INDUSTRY

As Approved on October 31, 1934

ORDER

APPROvING AMENDMENT OF CODE OF FAIR CoMPETITIoN FO

EXCELSIOR AND EXCELSIOR PRODUCTS INDUSTRY

An application having been duly made pursuant to and 

compliance with the provisions of Title I of the National In

Recovery Act, approved June 16, 1933, for approval of an 

ment to a Code of Fair Competition for the Excelsior and E

Products Industry, and hearings having been duly held ther

the annexed report on said amendment, containing findin

respect thereto, having been made and directed to the Presid

NOW, THEREFORE, on behalf of the President of the 

States, the National Industrial Recovery Board, pursuant to 

ity vested in it by Executive Orders of the President, in

Executive Order No. 6859, and otherwise, does hereby inc

by reference said annexed report and does find that said am

and the Code as constituted after being amended comply 

respects with the pertinent provisions and will promote the 

and purposes of said Title of said Act, and does hereby or

said amendment be and it is hereby approved, and that the p

approval of said Code is hereby amended to include an app

said Code in its entirety as amended, such approval and such 

ment to take effect ten (10) days from the date hereof, unle

cause to the contrary is shown to the National Industrial R

Board before that time and the National Industrial Recover

issues a subsequent order to that effect.

NATIONAL INDUSTRIAL RECOvERY B

By G. A. LYNCH, Administrative Off

Approval WASHINGTON, 945930-1244-119-34 W. P. Acting recommended: October ELLIS, D. Division C.,31, 1934. Administrator. (1)
REPORT TO THE PRESIDENT

The PRESIDENT,

The White House.

SIR: On December 7, 1933 you approved the Code of Fair 

tion for the Excelsior and Excelsior Products Industry.

This is a report on an amendment to that Code. A N

Opportunity to be Heard on this Amendment was publ

August 28, 1934. The Amendment provides that each m

the Industry shall pay an equitable contribution to the ex

the maintenance of the Code Authority, and further prov

only members complying with the Code and contributin

expenses of its administration, unless duly exempted, 

b

entitled to participate in the selection of the Code Author

receive the benefit of its voluntary activities.

The Deputy Administrator in his final report to us on said 

ment to said Code having found as herein set forth and on 

b

of all the proceedings in this matter:

We find that:

(a) The Amendment to said Code and the Code as ame

well designed to promote the policies and purposes of Title 

National Industrial Recovery Act including the removal o

tions to the free flow of interstate and foreign commerce w

to diminish the amount thereof, and will provide for th

welfare ty promoting the organization of industry for the p

of cooperative action among trade groups, by inducing a

taining united action of labor and management under adeq

ernmental sanction and supervision, by eliminating unfair 

tive practices, by promoting the fullest possible utilizatio

present productive capacity of industries, by avoiding undu

r

tions of production (except as may be temporarily requ

increasing the consumption of industrial and agricultural p

through increasing purchasing power, by reducing and reli

employment, by improving standards of labor, and by 

rehabilitating industry.

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

p

nent provisions of said Title of said Act, including witho

tion Subsection (a) of Section 3, Subsection (a) of Secti

Subsection (b) of Section 10 thereof.

(c) The Amendment and the Code as amended are no

to, operate (d) and The will to discriminate Amendment not, not, eliminate, permit against moopolies and or the oppress them. (2)Code and small as monopolistic amended enterprises are pracnoan
3

(e) Those engaged in other steps of the economic process h

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

amendment.

For these reasons, therefore, we have approved this Amendm

the Code.

For the National Industrial Recovery Board:

G. A. LYNCH,

Administrative Ofi

OCTOBER 31, 1934.
AMENDMENT TO THE CODE OF FAIR COM

FOR THE EXCELSIOR AND EXCELSIOR P

INDUSTRY

Modify Article VI by deleting Section 1 (f) and sub

lieu thereof the following:

(f) It being found necessary, in order to support the 

tion of this Code and to maintain the standards of fair 

established hereunder and to effectuate the policy of t

Code Authority is authorized:

(A) To incur such reasonable obligations as are ne

proper for the foregoing purposes and to meet such obl

of funds which may be raised as hereinafter provided 

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

(B) To submit to the Administrator for his approva

such notice and opportunity to be heard as he may deem 

(1) an itemized budget of its estimated expenses for th

purposes, and (2) an equitable basis upon which the fund

to support such budget shall be contributed by memb

Industry.

(C) After such budget and basis of contribution hab

proved by the Administrator, to determine and obta

contribution as above set forth by all such members of th

and to that end, if necessary, to institute legal proceedin

in its own name.

Each member of the Industry shall pay his or its equi

bution to the expenses of the maintenance of the Code 

determined as hereinabove provided, and subject to rule

r

lations pertaining thereto issued by the Administrator. 

bers of the Indusry complying with the Code and con

the expenses of its administration as hereinabove provu

duly exempted from making such contributions, shall be

participate in the selection of members of the Code Aut

receive the benefit of its voluntary activities or to make u

emblem or insignia of the National Recovery Ad mini

The Code Authority shall neither incur nor pay any 

substantially in excess of the amount thereof as estimate

proved budget, and shall in no event exceed the total a

tained in the approved budget, except upon approval of 

istrator; and no subsequent budget shall contain any def

for expenditures in excess of prior budget estimates, 

which Approved Registry the No. Code Aministrator 310-02. No. 146-Amendient shall have (4) 0No. so 1. approved.
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