Approved Code No. 384 Registry No. 1749-04 

NATIONAL RECOVERY ADMINISTRATION 

CODE OF FAIR COMPETITION 

FOR THE 

FUNERAL SERVICE 

INDUSTRY · 

AS APPROVED ON APRIL 4, 1934 

WE DO OUR PART 

' -· ·- 0- --~ t A \.1 • ........ -

U.i.DE~ 

UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASHINGTON : 1934 

For sale by the S uperint:!nclent of rocume n ts, Washington, D .C. - - - - - - · - Price 5 cents 
This publication is for sale by the Superintendent of Documents, Government 

Printing Office, Washington, D.C., and by district offices of the Bureau of Foreign 

and Domestic Commerce. 

DISTRICT OFFICES OF THE DEPARTMENT OF COMMERCE 

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Approved Code No. 384 

CODE OF FAIR COMPETITION 

F OR THE 

FUNERAL SERVICE INDUSTRY 

As Approved on April 4, 1934 

ORDER 

APPROVI TG ConE OF FAIR Co:MFETITION FOR THE F"GKERAL 

SERVICE INDU TRY 

An application having been duly made pur uant to and in full 

compliance with the provi ion. of Title I of the National Indu trial 

Recovery Act approved June 16, 1933 for appro-val of a Code of 

Fair Competition for the Funeral Sen-ice Indu try, and hearings 

haYing been dul; held thereon and the annexed report on said Code, 

containing finding with re pect thereto, having been made and 

directed to the Pre i lent: 

NOW, THEREFORE on behalf of the President of the United 

State , I Hugh S. John on, Administrator for I ndu trial Recovery, 

pur uant to authorit ve ted in me by Executive Order of the Pre ident, including Executi\e Or ler K o. 6543-A dat e l December 30, 

1933 and otherwi e · do hereb3 incorporate by reference . aid annexed 

report and do find that aid Code complies in all re pect with the 

pertinent. provi ion an l will promote the policy and purpo e of 

aid Title of aid Act· and do hereby order that ai 1 ode of Fair 

Competition be and it i hereby appro,ed provided Section 13 of 

Article \ II be amended by changing the period to a omma after 

the word " en ice in the ninth line thereof and adding the following: 

provided however. that nothing contained in thi · ection hall 

uper ede any state law which by it term permit any of th practice d cribed herein by member of the indu try. 

H GH S. J oHx o~. 

Ad1ninistrator· fo?' lndHstJ·ial R ecovery. 

Approval recommended : 

GEo. L. BERRY, 

Division Adn'dnist1·ator. 

"\V .ASHINGTON, D.C. 

April 4, 1934. 

51243°----482-16----34 ( 155 ) 
REPORT TO THE PRESIDENT 

The PRESID NT~ 

Th e 1V lz itc House. 

Sm: A Publi H earing on the Code of Fair Competition for the 

Funeral Serrice Industry submitted by the National Funeral Director A ociation of the United States, Inc. and the National Selected l\1orticians, wa conducted in \V ashington on the 6th of 

December, 1933, in accordance with the provi ions of the National 

Inclu trial Recovery Act. At the Public H earing it was established 

that the Code was further concurred in oy two other a ociations, 

11amely, the Funer al S2rvice Bureau and t he Independent Funeral 

Director A sociation. Thes four a ociations represent approximately 87 p r cent of the Industry and they decided to submit the 

Code as an InJ.n. try. 

The maximum hours permitted under this Code are 40 per week, 

ex ept that embalmers. lawfully ngaged in embalming and those 

conducting funer al , sh all be limited to 84 hour per week. 

The minimum wage provided in this Code is $15.00 per week or 

40 ~ per hour on an hourly basis, except embalmer , who hall be 

1 aid $25.00 per week. Provision is made f or adjustment of all 

wao·e above the minimum. 

This Industry in general embraces est abli hments engaged in uperYi ing funeral , erYices, prior to the burial or clispo al of dead 

human bod.ie . Accordincr to the Bureau of Cen u there w r e 34,132 

licenses is ned to embalmer and funeral director for the year 1930 

and the approxima+e n Imber of e tabli hments n o·ag din the Industry for that year wa 25 500. The aYeragc number of funerals per 

t abli ·hmcnt for 1929 wa 57 and f r 1933 about u2. In practically 

eYery large community le than 10 perc nt of the e~ t ablishment · 

handle the areat er ...:har - of the bn ]ness. 

Employment i. Yery low comr ared with the numb r of e.._ tabli hment ·. A larp·e per c.ent of the e tabli hment are on a ole proprietor ·hip or partner. ·hip ba i and th owners cooperate with part-time 

employees in performino· the . ·erYi e ren lere l by th In lustr . 

Th se e t abli hment mu t remain or n 24 h ur · a Jay how ver, emplo. e ar not kept on the job 24- h ur a day bu arc .·ubj ct to all 

wh n their ·erYices arc r equire 1. Theref or n r eo·ular hours are 

worked in thi Indu trv. 

Th pro1 o e l Cod r"rovi ·ion.· on hour will 1 r bally in rea e the 

number of mploye in th laro· r c tabli hm nt . Th , m•:tll r c - tabli ·hment · under normal op ra i n will not increa e th 1umb r 

of mplo ee b catFe h y av rag le. than one funeral per \Ye k. 

The inf rmation ava ila lc i · f very littl n: in trying t tabli.-h a pr - ode waa rate. How v r, th r ]:::; an und t rmin cl numb r of empl yce "ho 1' lY 1 · than the propo e l ocl hourly 

(lGG) 
157 

wage of 40 . Th additi nal waa burd n to thi In 1 ll tr cannot be 

letermined due to the irr 5 ular hour worked. 

FINDING 

The eputy Ad.mini trator in hi final r port t me on ·aid Code 

ha\ing found as herein c;et forth and on the ba i. of all the proce ding, in thi · matter; 

I find that: 

(a) aid de i. " ·ell le ign c1 to 1 romote the polici and pnrp e · f Title I of th National Indu trial RecoY ry A t, including 

removal of ob truction to the free flow of interstate and foreign 

commerc whi h tend to dimini h the amount thereof and will provide for the aeneral welfare by promotino- the oraanization of indu -

try for the purpo e of cooperative action among the trad group , 

by inducing ani maintaining united action of labor and management 

under adequate governmental anction and upervi ion by eliminating unfair competitive practice by promoting the fullest po ible 

utilization of the pre ent productiYe capacity of indu trie . by avoiding undue restriction of production (except a may be temporarily 

required), by increasing the con umption of indu trial and agricultural product throuah increa ing purcha ino· power by reducing and 

relieving unemr loyment by impro' ing tandard of labor. and by 

therwi rehabilitating indu try. 

(b) Said I ndu tr normally employ not more than 50.000 

employees · an l i not cla: ifiecl by me a a major indu~try . 

(c) The ode a approved complie in all respect with the pertinent provision of aiel Title of aid Act, includina without limitati n Sub ection (a) of ~ection 3 Sub ection (a) of Section 7 and 

Sub ection (b) of Section 10 thereof ; and that the applicant a ociation is an indu trial as ociation truly representative of the aforeaid Indu. try · and that ail A ·ociation impo e no inequitable 

re tri tion on admi ·ion to membership therein. 

(d) The Code i not de ianed to and will not permit monopolies 

or monopoli tic practice . 

(e) The Code i not de igned to and will not eliminate or oppre 

mall enterpri e and will not operate to di criminate aaain t them. 

(f) Tho e engaged in other steps of the conomic proce s have not 

been depri' eel of the ri ht to be heard prior to appro al of aid Code. Thi Indu try ha cooperated in a mo t ati factory manner with 

the Admini trator in the preparation of thi Code. From evidence 

adduced during thi · hearing and from recommendations and reports 

of the variou · Advisory Boards it is believed that this Code as now 

propo ·ed an l revised repre ent an effective practical equitable olution for hi industry and for these rea on thi Code ha been 

approved. 

Re pectfully, 

APRIL 4, 1934. 

HuGHS. JoHN oN 

Administrator. 
CODE OF FAIR COl\fPETITION FOR THE FUNERAL 

SERVICE INDUSTRY 

ARTICLE I-PURPO ES 

To effectuate the policies of Title I of the National Industrial RecoYery Act, this Code is establi heel as a Code of Fair Competition 

for the Indu try, and its provi ions shall be the standard of fair 

competition for ·uch industry and binding upon every member 

thereof. 

ARTICLE II-DEFINITION 

1. The term " Funeral Service Industry ", a used herein, hall 

mean an} person firm, corporation or other form of enterprise, 

engaged in the pr paration of dead human bodie for burial or 

eli po al by embalming or other anitary method and/or directing 

and superv-i ing funeral ervices prior to burial or di posal and/or 

the sale of fm1eral n1erchandi ·eat retail and hall include all per on , 

firm corporation or other form of enterprise, maintaining a mortuary funeral home or other imilar e tabli hment and/or u ing in 

connection with their name and bu ine s, the words " ftmeral director ' , mortician " " undertaker i , or any other title or words of 

imilar meaning an l import and uch branches or subdivi ions as 

may from time to time be included under the pro\i ions of thi code. 

2. The term ·member of the indu try~' include but without 

lin1itation any individual partner hip a ociation corporation or 

other form of enterpri e engaged in the indu try either a an employer or on his or it O\Vll behalf. 

3. The term : emplo ee a u eel herein includes any and all per-

·on- engaged in the inclu try, however compen at d, except a member 

of the indu try. 

4. The term ·Act ' and • Administrator a u eel herein mean 

respectively Ti le I of the National In lu trial Recovery Act, and 

the Admini trator for Indu trial Reco\ery. 

ARTICLE III-Ho ns 

1. No emplo e hall be pormitte l to work in cxce of forty (40) 

hour in any on week· xcept that mbalmer , lawfully eno·ag l 

in embalmino·, an al tho nductino· fun rals hall be limit d 

to eio-ht -four· ( 4) hour per '·eek. 

2. No employee shall be permitted to w rk f r a to al number of 

hour. in x es · of th number of h ur I r . crib d her in wheth r h 

be emplo r d 1 r n I' mor mploy r . 

3. The above 1 rov.i. i n as to hour lo not apply to 1 r on lllployed in a manao· r.ial x utiv r ·ur rvi ry apacit r cciving 

thirty-five dollar ( r; .0 I er w k r m r . 

(lG ) 
159 

AnTI LE IV-\Y A ,E 

1. No employe hall b pai lle : than at the rat of fifteen d llars 

( '15.00) p r '' ek, or forty cen ( 4 ~) p r hour ''hen emplo ed on 

an hourly ba i , except lawful embalm r . who hall be paid not le s 

than at the rate of twen y-fiv d liar ( 25.00) per week. 

~. Female employee perfonning ub tantially the ame work a 

male mpl yee . hall receive the am rat of pay a male employee . 

3. Thi article e tabli he a minimum rate of pay which . hall apply 

irre p cti ve of whether an emplo. e i · actually com pen a ted on time 

rate, piece-' ork performanc or other basi . 4. ~Yage above :Minimum. If an adju tment of wage above the 

minimum fixe l in thi · Code ha · not been made since July 1 t. 1933 

there hall then be an adju tment ma lc within ninety· (90) da ;; 

from the date of approval of this '1 o le. Such adju tment hall mean 

that the differential exi ting prior to the formulation of thi ode 

hall be maintained for employee other than per on ngaged in a 

managerial executive or upen-i ory capacity who receive more 

than thirty-five dollar (:3w.OO) per week, provi led however, that 

in no event hall hourl rate ~ of pa be reduced. Each member of 

the Indu try ·hall make a report of uch adju tm nt whether male 

prior to or ub equent to the date of approval of this ode. to the 

Code Authority .. 

AnTI LE V - GE -EHAL L ABOR Pno rsroNs 

1. No per on under ixteen ( 16) ear of ao·e hall be em played 

in the indu trv. No per on under eighteen (18) rear of age hall 

be mployed at operation or occupations which are hazardous in 

nature or dangerou to health. In any State an employer hall be 

deemed to have omplied with thi provi ion as to age if he shall 

haYe on file a certificate or permit duly signed by the Authority in 

uch State empowered to i ue emplo ment or age certificate or 

permit hawing that thE- employee i of the required age. 

2. In compliance with Section I (a) of the Act it i provided : 

a) That employee hall have the right t{) organize and bargain 

collectivel} through repre entative of their own ch ao ing and hall 

be free from the interference. re traint or oercion of employer. of 

labor, or their agent in the de ignation of uch repre entative 1 or 

in elf-organization or in other concerted activities for the purpose 

of collective bargaining or other mutual aid or protection. 

(b) That no employee and no one eeking employment shall be 

required as a condition of employment to join an. company union 

or to refrain from joining, organizing or a isting a labor organization of hi own chao inO', and 

(c) That employer hall comply with the maximum hours of 

labor. minimum rate of pay an l other condition of employment 

approYed or pre cribed by the Pre ident. 

3. No employer hall recla ify employee or lutie of occupations 

performed a they exi~te d on October 1. 1933, or engage in any other 

ubterfuge. for the puq)o. e of defeating the purpo e of the Act or 

of thi · Code. 

4. No pro vi ion in thi.. ole shall uper. e le any State or Federal 

law which ]mpo . on employers more . tringent r quirement~ a to 
160 

age of employe , wage , hour of "-ork or as to safety, health, sanitary or general working conditions, or in urance, or fire protection, 

than are im po eel by this Code. 

5. Every employer shall make reasonable provi ion for the safety 

and health of hi employ e at the place and durino· the hour of their 

employment. 

6. All employers hall poc:t and keep po ted complete copies of this 

Code in con pi nou. pia es accessible to employee ·. 

ARTICLE VI- \.n1\IINISTRATION 

ORGA.rTIZATION A m CON TITUTION 

1. A Cod Authori y i · hereby establi.._hecl to cooperate with the 

Administrator in the administration of this code and shall con ·ist 

of fifteen (15) nlembers to be chosen by the industry th rough a fair 

method of election approved by the Admini trator, to erve for a 

period of one (1) } ear from the date of their election. The Ad- ministrator in hi di cretion may appoint not more than three (3) 

additional members without vote and without compensation from 

the indu try, to erve for uch period of time and to represent the 

Admini trator or uch group or groups as he n'lay designate. 

2. Each tracl or indu trial association directly or indirectly participating in the selection or acti' itie of the Code Authority hall 

impo e no inequitable restrictions on member hii and hall submit 

to the Admini trator true copies of its articles of organization bylaw ~ regulations and any amendments when made thereto, together 

with uch other information as to member. hips, organization and 

activitie a. the Administrator may lcem neces ary to effectuate the 

purpo es of the Act. 

3. In order that the Cole Authority hall at all times be truly 

repr ·entatiYe of the indu try and in other resr ect comply with 

the provi ion of the Act, the Admini trator may prescribe such 

hearing. · a: he may deem proper; and if he shall find that the Code 

Authority j not truly repre ·entative or does not in other respects 

comply ·with the provi. ion of the Act. he may take such action as 

he may de m nece ary un ler the circum tances. 

4. X o inequitable re trictions on admis ion to member ·hip in any 

trade a . ociation or organiz d group, participating in the activiti · 

of the Cod Authority shall be impo eel, and any member of the 

indu.try :-·hall l e eligibl for membor hip in any uch trade a ocia

tion or organiz d oTonr : under the am ondition · as ar impo eel 

on any other member. 

5. ·~ othing contain cl in thi Code ·hall con titute th members of 

the ode Authority I artn rs for any I urpo e. Nor hall an. member of the le Auth rit l liable in any manner to anyon for any 

a ·t of any oth r memb r offi r, ag nt or emplo of the Code 

Authority. N r . ·hall any member of th 1 Auth rity exerci ino· 

r a ·onabl lilig n c in th on lu t f hi dnti s hereun ier, b liabl 

to anyon f r any action or omi · ion to a t un ler hi od x pt 

for hi own IYiJlful mi.~ -f asan or non-f a ·ance. 
161 

POWEll A ~D D TIES 

6. The Co e AuJh rity hall hav the followino- fu rther powers 

an l duti · to the ext nt l)ermitted by the Act: 

(a) T administ r the proYi ·ion of thi Co le and provide for 

the c mpliance of the inclu try w·ith the provi.ion of the Act, and 

to prop ~ and submit amen lments an lj or xception to or modifi cation of thi Cole for the approval of the Administr ator after 

such notice and hearing a he may pre ·cribe aid amendments or 

modification when ·o approved, to become a part of this Code and 

to have the ame force and effe ct a · an) other 1 roYi ion· of thi Code. 

(b) To a lopt by-laws and regulation for it procedur and for 

the a lmini tration and enforcement of the Code under such rules 

and regulations a may b pre_cribed b) the Admini trator. 

(c) To obtain from member of the industry such tatistical information and report as ar required for the administration of the 

Code. No individual reports hall be lisclosed to any other member 

of the indu try or any other party except to uch on rnmental 

ag ncie · as may be directed by the Administrator. 

(d) To make recommendations to the Admini trator a to ca h 

di count , and uniform co t accounting. (e) Upon the request of the Administrator or upon complaint of 

intere ted partie· or upon its own initiati"n\ to make uch inquiry 

and investigation a to the operation of thi Code a may b neces ary 

and proper under uch rules and reo·ulation · a may be prescribed 

by the Admini trator and report the same to the Admini tr·ator. 

(f) To use such trade as ociation · and other agencies as it deems 

proper for the carrying out of any of its activities l rovided for 

herein, provided that nothing herein shall relieve the Code Authority 

of it duties or re pon ibilities under this Code and that such trade 

a ociations and agencies shall at all times be ubj ect to and comply 

with the pro' isions hereof. 

(g) To secure from members of the industry who a S€nt to this 

Code and/ or participate in the activitie of the Code Authority uch 

proportionate payment of the rea onable expenses of maintaining 

the Code Authority a may be determined by the Code Authority and 

approved by the Administrator. 

(h) To cooperate ·with the Admini trator in regulating the use 

of any N .R.A. insignia olely Ly tho ·e member.· of the inclu try who 

have a en ted to, and are complying with, thi Code. (i) To recommend to th Admini trator further fair trade practice provi. ions to govern memhor of the indu try in their relations 

with each other or with other industries and to recommend to the 

Admin.i. trator measure for indu trial planning, including stabilization of emplo3 ment. 

(j) To make re ommendation to the Administrator for the coordination of the aclmi1 i tration of thi Code with such other codes if 

any, as may be related to the industry. 

'7. If the Admini tl·ator shall determine that any action of a code 

authority or any agency thereof may be unfair or unjust or contrary 

to the public interest, the Administrator may require that such action 
162 

be suspended to afford an opportunity for investigation of the merits 

of such action and further consideration of such code authority or 

agency pending fi nal action which shall not be effective unles. the 

Administrator approves or unles · he shall fail to disapprove after 

thirty (30) clay ' notice to him of intention to pr ceed with such 

action in it original or modified form. 

ARTICLE VII-TRADE PRACTICE 

1. No member of the inclu try shall brand or mark a.ny serviee or 

merchandi e in any manner which deceive. or mislead purcha ers 

with respect to th brand, oTade, quality, quantity, origin, ·ize, ubstance, character. nature, fini h, material, content or preparation of 

such merchandi ·e. 

2. No member of the indu try shall publish advertising (whether 

printed, radio, di ·play or of any other nature), which i misleading 

or inaccurate in any material pa.rticular, nor hall any member in any 

way mi represent any goods (including but without limitation its 

u e, trade-mark grade quality, quantity, origin, size substance, character, nature, fini. h, material. content or preparation) or credit terms, 

values policies, service or the nature or form of the bu iness 

conducted. 

3. No n1ember of the industry shall give, permit to be given, or 

directly offer to give, an:ything of value for the purpose of influencing 

or r ewarding the action of any employee, agent or representative of 

another in r elation to the bu ine of the employer of uch employee, 

the principal of such ao·ent or the represented party without the 

knowledge of uch employer, principal or party. Commercial bribery provi ions shall not be construed to prohibit free and general 

di tribution of article commonly used for adverti ing except o far 

as uch article are actually used for commercial bribery as hereinabove defined. 

4. No member of the indu try shall attempt to induce the breach of 

an existing contract between a ompetitor and hi cu tomer or ource 

of supply; nor shall any such member interfer with or ob. truct the 

performance of such ·ontractual duties or service . 

5. No member of the industry shall secretly offer or make any payment or allowance of a r ebate, refund, comm_i ion reclit, unearned 

discount or exce allowan e, whether in the form of money or otherwi e nor hall a member f the industry for the purpo · of influencing a ale secretly offer or ext n l to any purcha er any special service 

or privilege not xten led to all purchasers of like quantitie under 

like t erm an l condition . 

6. No member of th indu -try hall can e th defamation of ompetitor by fal. ely im1 utino· to them eli honorable ondu t inability 

to perform ontra t. que tionabl redit tan lin · poor qui I 111 nt 

or mortuary e tabli hm nt , inf rior m r handi e r b. other fal c 

repre entation , r by the fal ·e di parag m nt of their · rvice · or 

the.ir selling rice . 

7. No memb r f th indu try . hall ell or publi 1 offer to 

any m r haucli , or lir ctly r in lire tly r nd r any . r ic b lo 

hi individual o t x pt. h~ ma. . ll b low hi. O\Vll c t t m et 

bona fid competition. F or thi.· 1 uq)O.-e co t i d fin d a th t 
163 

determined by co t ac ounting method r ogniz d in the industry 

and apr ro ed by the ode Authority and th Admini trat r. 

8. No member of th indu try shall eli tribute and/or sell any 

funeral merchandi e or supplie from whi ·h the label, ·erial number, 

or other identifying mark of he manufc cturer ha · b en effaced 

or r emov d. 

9. No member of the indu try hall ·hip or cl liver merchandi e or 

suppli s with the intent to deceive th purcha ·er, which do not conform to the samples submitted or r presentation made prior to ecuring the order there£ r. 

10. No member of the indn try shall eli. play or show funeral merchandise without sal prices marked in figures that arc legible and 

capable of being un lerstood by the aver.ng· purchaser. 

11. No member of the inclu try ·hall offer or give any prize or 

premium in connection with or a an inducement to the sale of service· or merchancli e by any s ·h me which invoh·e · lottery, mi representation or fraud . 12. No member of th indu try ·hall organize or promote or participate directly or inclirectl} in the organization, promotion or activities of any enterpri e elling cemetery lot , gra v space or other 

interment property, on a speculative La i or by the use of mi -

repre entation or fraud; nor shall any member accept a commL ion 

from either sell r or purcha er upon the sale of any such interment 

property sold under ·uch an enterpri ·e ; nor shall an} member except tho e actually and legally so eno·ng 'cl prior to the effective date 

of this Code, hereafter engage in performing any service of this 

industry, as herein defined ·within the onfines of any tax exempt 

cemetery or any other tax exempt pro1 el'ty. 

13. No member of the indu try shall organize or promote or pc.rticipate, dir ctly or indirectly, in the organization, promotion, or operation of an. form of ent rprisc which deceive. or defraud · members, pol.icy holder · or certificate holder;:, as to the finaiY·ial r esponsibility of such enterpri e or the quality or value of funeral m rchandise or ser-vices offered by c:: uch enterprise or which limit or 

restricts the freed m f choice in the open market, of the per ·on or 

persons havino· th legal right of . ..:uch choice reganling contracts, 

purchases and arrangements with reference to any part of a funerc l 

·erYice. It hall be the duty of eYerv member of the industry 

before participating, directly or indirectly, in any uch plan to 

determine the solvency integrity and legality thcrcof. 1 

14. No member of the indu.__ try shall employ, rc ain or otherwi e 

engage agents to olicit bu ine s. 

ARTICLE VIII-l\IomFrCATION 

1. This Code and all the provisions thereof are expres. ·ly made 

subj ect to the riaht of the Pre ·iclent in accordance with the provision of Subsection (b) of Section 10 of the Act, from time to time 

to cancel or modify any order, approval, licen e, rule or regnlation 

is ued under said Act. 

2. This Code, except a to provi ions required by the Act, may 

be modified or amended on the basis of experience or changes in 

1 See paragraph 2 of order approving this Code. 
164 

circumstances, such modifications or amendments to be based upon 

application to the Administrator and such notice and hearing as he 

shall specify, and to become effective on approval of the President, 

unless otherwise provided. 

3. The Code Authority may make recmnmendations for modifications to this Code to the Administrator which shall become effective 

as a part of this Code upon approval by the Administrator after 

such notice and hearing as he may prescribe. 

ARTICLE IX-MONOPOLIES, ETC. 

No provision of this Code shall be so applied a to permit monopolies or monopolistic practices, or to eliminate, oppress or discriminate against small enterprises. 

ARTICLE X-PRICE INCREASES 

Whereas the policy of the Act to increase real purchasing power 

will be made more difficult of consununation if prices of goods and 

services increase as rapidly as wages, it is recognized that price 

increases, except such as may be required to meet individual cost, 

should be delayed, but when made such increases should, so far as 

possible, be limited to actual additional increases in the seller's 

costs. ARTICLE XI-EFFECTIVE DATE 

This Code shall become effective on the second Monday after its 

approval by the President. ~ 

Approved Code. No. 384. 

Registry No. 1749'-04. 

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