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Approved Code No. 208-Amendment No. 1 Registry No. 1122-09 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

., 

PICTURE MOULDING AND •· -.. 

PICTURE FRAME INDUSTRY 

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AS APPROVED ON AUGUST .,23, 1934 

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UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASHINGTON: 1934 

For sale by the Superintendent of Documents. Washington, D.C. • • • • • • • • Price 5 cents 

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Approved Code No. 208-Amendment No. 1 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

PICTURE MOULDING AND PICTURE FRAME 

INDUSTRY 

As Approved on August 23, 1934 

ORDER 

APPROVING MomFICA TION OF CoDE OF FAIR CoMPETITION FOR THE 

PICTURE :MOULDING AND PICTURE FRAME lKDUSTRY 

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 to the Code of Fair CompBtition for the Picture Moulding and 

Picture Frame Industry, and due consideration having been given 

thereon 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 tlie President of. the United 

States, I, Hugh S. Johnson, Administrator for Industrial Recovery, 

pursuant to authority vested in rn:e 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 r~spects 

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, provided, however, that Article VI, Section 8 be and it is hereby deleted. 

HUGH s. JOHNSON, 

Admini-strator for Industrial R ecovery. 

Approval recommended : 

C. E. ADAMS, 

Division Administrator. 

w ASHIN GTON D.C., 

August f3, 1934. 

82105°-1044-106-34 (1) 
REPORT TO THE PRESIDENT 

The PRESIDENT, 

The White House. 

SIR: This is a report on the modification of the Code of Fair 

Competition for the Picture lYioulding and Picture Frame 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 t o 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 fin al 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 

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

National I ndustrial Recovery Act including the removal of obstructions to the free flow of interstate and foreign commer ce which tend 

to diminish the amount thereof, and will provide for the general 

,velfare by promoting the organization of industry for the purpose of 

cooperative action among trade group 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 pre ent productive 

capacity of industries, by avoiding undue restriction of production 

( except as may be temporarily required), by increasing the consumption of industrial and agricultural product through increasing pur- chasing 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 r espects with the pertinent provisions of said Title of said Act, including without limitation subsection (a) of Section 3, subsection (a ) of Section 7 and sub- section (b) of Section 10 thereof. 

( c) The code empowers the Code Authority to present the aforesaid modification on behalf of the industry as a whole. 

( d) The modification and the code as modified are not designed 

to and will not permit monopolies or monopolistic practices. 

( e) The modification and the code as modified are not designed to 

and will not eliminate or oppress small enterprises and will not operate to discriminate against them. 

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( £) Those engaged in other steps 0£ the economic process have not 

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

modification. 

For these reasons this modification has been approved. 

Respectfully, 

AUGUST 23, 1934. 

HUGH s. JOHNSON, 

Administrator. 
MODIFICATION OF CODE OF FAIR COMPETITION FOR 

THE PICTURE MOULDING AND PICTURE FRAME 

INDUSTRY 

Modify Article VI, Section 10 " Powers and Duties of the Code 

Authority", by deleting Subsections (f) and (g) and substituting 

in lieu thereof the following as Section (f), in addition therefor, all 

letters for subsequent sections will be revised accordingly: 

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. Failure to 

make payment thereof, after proper notice, will render a member 

of the Industry liable to appropriate legal proceedings. 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. 

3. The Code Authority shall neither incur nor pay 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 approved budget, except upon approval of the Administrator; 

and no subsequent budget shall contain any deficiency item for expenditures in excess of prior budget estimates except those which 

the Administrator shall have so approved. 

Approved Code No. 208-Amendment No. 1. 

Registry No. 1122-09. 

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UNIVERSITY OF FLORIDA 

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