Approved Code No. 107-Amendment No. 1 Registry No. 304-11 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

LADDER 

MANUFACTURING INDUSTRY 

AS APPROVED ON AUGUST 28, 1934 

WE DO OUR PAR'r 

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Approved Code No. 107-Arnendrnent No. 1 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

LADDER MANUFACTURING INDUSTRY 

As Approved on August 28, 1934 

ORDER 

APPROVING MODIFICATION OF CODE OF F AIR COMPETITION FOR THE 

LADDER MANUFACTURING INDUSIBY 

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 a modification of the Code of Fair Competition for the Ladder Manufacturing 

Industry, and due consideration having been given thereon and the 

annexed report on said modifications, containing findings with respect thereto, having been made and directed to the President. 

NO"\iV, 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 Order No. 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. 

HUGH s. JOHNSON, 

Admvnistrator for Industrial R ecovery. 

Approval recommended : 

C. E. ADAMS, 

Division Ad1ni111U3trator . 

. WASHINGTON' D.C. 

Augu,st 28, 1934. 

831159°-1044-187--34 (1) 
REPORT TO THE PRESIDENT 

The PRESIDENT, 

The White House. 

Srn: This is a 1'€port on the modification of the Code of Fair 

Competition for the Ladder Manufacturing Industry, which has 

been submitted in accordance with Executive Order No. 6678. 

This modification enables the Code Authority to incur such reasonable obligations as are necessary to support the administration 

of the code and to maintain the standards of fair competition established by this code. It also enables the Code Authority to submit 

an itemized budget, and an equitable basis upon which the funds 

necessary to support such budget shall be contributed by the members of the industry. Such contributions are made mandatory by 

this modification. 

The Deputy Administrator in his final r eport 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 

we11 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 und 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 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 cap acity of industries, by avoidin o· undne 

r estriction of production ( except as may be temporarily required), 

by increasing the con umption of industrial and agricultural products through in creasing purch a ing power, by reducing and relieving unemployment, by improving st andar d of labor , an l by otherw j e reh abilitating industry. 

(b) The Cod as am nde l om plies in all re pect. with the pertinent provi ·ions of "aid Title of ·aid Act, including without limit ation Sub.-e tion (a ) of tion 3, Sub, ection (a ) of Se -tion 7 an l 

Sub. ·e tion ( b) of e tion 10 thereof. _ 

( c) Th ocle mpow r. the "od A nth ority t present t he afor -

said rnocl ifi ·ation on I h alf of th In hr, t r y a· a whol . 

( l ) T h 111 o<lifi ation an d the ode a. inotlifi l ar not 1 ignc 1 

to nncl will not prrlllit mono1 Ii :>.• r m nopoli t i pm tic s. 

(,) T lH1 moclifi ·all on an cl the ocle as rno(lihC'd arc no design cl 

to and ,viJl not C'limi nat(' or opt r ~.-s small (• nt q rises nncl w ill n t 

opPratP to cli.-c ri n inatC' agai n.- hem. 

(2) 
3 

(f) Those engaged in other steps of the economic proces have 

not been deprived of the right to be h ard prior to approval of said 

modification. 

For these reasons, therefore, I hav apr roved thi.· modification. 

Respectfully, 

AUGUST 28. 1934. 

HUGH s. JOHN ON, 

Administrator. 
l\IODIFICATION OF CODE OF FAIR COMPETITION FOR 

THE LADDER MANUFACTURING INDUSTRY 

Delete Section (B) of Article VI, and insert in lieu thereof the 

-following : 

B. PARTICIPATION 

SECTION 1. It being found necessary in order to support the administration of this Code and to maintain the standards of fai.r 

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 

1:iuch 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 jn 

its own name. 

SECTION 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 

contributing 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. 

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

obligation . ubstantially in excess of the amount thereof a tjmat cl 

in its approved budget, and shall in no event x ed the total amount 

contain d in the approved budget, ex ept u1 on a1 proval of the 

Admini trator; and no subsequ nt budget shall ontain any d ficiency it m for expenditure· in x e of prior budg t timat xc pt tho e which the A lmini trat r hall hav appr v d. 

AnnrovE>d Jodc o. 107-Am ndm nt No. 1. 

n gi.'try No. 304-11. 

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