Registry No. 1411-24 

NATIONAL RECOVERY ADMINISTRATION 

PROPOSED CODE OF FAIR CO·MPETITION 

FOR THE 

ARMORED CAR INDUSTRY 

AS SUBMITTED ON AUGUST 29, 1933 

WE DO OUR PART 

I • • lJ 

The Code for the Armored Car Industry 

in its present form merely reflects the proposal of the above-mentioned 

industry, and none of the provisions contained therein are 

to be regarded as having received the approval of 

the National Recovery Administration 

as applying to this industry 

UNITED STATES 

GOVERNMENT PRINTING OFFIOE ' 

WASHING TON : 1933 

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

v' 

CODE OF FAIR COMPETITION FOR THOSE ENGAGED IN 

THE PROTECTED AND SAFEGUARDED TRANSPORTATION OF MONEY OR VALUABLES 

PROPOSED BY THE NATIONAL ARMORED CAR ASSOCIATION, INC. 

ARTICLE I-PURPOSE AND PARTICIPATION 

This Code is formulated for the purpose of effectuating the policy 

of Title I of the National Industrial Recovery Act by establishing 

fair and adequate wages, improving standards of labor, reducing exce sively long hours of labor in the industry; by eliminating unfair 

competition and trade practices and by establishing a standard of 

fair prices for services rendered, so that any person, partnership, 

corporation, or association engaged in the protected and safeguarded 

transportation of money or valuables may be able to realize a reasonable and just profit on their investment and become a more stabilized 

industry, thereby establishing more regular employment of labor at 

living wages. 

Participation in the benefits of this Code and in any subsequent 

revisions thereof or additions thereto shall be extended to any person, partnership, corporation, or association who is engaged, or whose 

members are engaged, in the protected and safeguarded transportation of money or valuables coming within the classifications of 

Article II of this Code, providing each accepts an equitable share of 

the co t of the preparation and administration of this Code. 

ARTICLE II-DEFINITIONS 

The term " the Industry. " means and includes the business of protected and safeguarded transportation of n1oney and/ or valuables 

for customers by means of armored cars and maintaining at all times 

sufficient and adequate insurance covering the full value of such shipments. 

The term" Member of the Industry" means and includes any person, partnership, corporation, or association whose business is the 

protected and safeguarded transportation of money and/ or valuables for customers by means of armored cars and who maintains at 

all times sufficient and adequate insurance covering the full value of 

any such shipment so entrusted. 

The term "Crew" 1neans and includes those persons employed in 

the actual and physical service of transporting money and/ or other 

valuables and/ or employed to guard or protect such money and/ or 

other valuables so being transported. 

89 53-33 (1) 
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ARTICLE III-LABOR PROVISIONS 

(1) As required by Section 7_ (a) of T_it_le I of the N a_t~onal Indu~-

trial Recovery Act, the following provis10ns are concht10ns of tlus 

Code: 

(a) "That employees shall h~ve the rig~t to organiz~ and bargain 

collectively through representatives ?f their own_ choosing, and shall · be free from the interference, restraint, or coercion of employers of 

labor, or their agents, in the designation of such rep~esentatives or 

in self-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 seeking ern.ployment shall_ be 

required as a condition of employment to join any company u~10n 

or to refrain from joining, organizing, or assisting a labor organization of his own choosing ; and 

( c) " That employers shall comply with the inaximum hours of 

labor, minimum rates of pay, and other conditions of employment, 

approved or prescribed by the President." 

(2) On and after the effective date employers shall not employ 

anyone under the age of sixteen years, except that persons between 

fourteen and sixteen years, may be employed for not to exceed three 

hours per day and those hours between 7 A.M. and 7 P .M. in such 

work ( other than·n1anufacturing or mechanical) as will not interfere 

with hours of day school. 

(3) On and after the effective date, employers shall not operate 

on a schedule of hours: 

(a) For accounting, clerical, office, or sales employees ( except outside sales employees, watchmen, and those who are employed in a 

capacity that is directly connected with the actual and physical 

transportation of money or other valuables such as dispatchers, 

checkers, etc.) in any office or department, of more than 40 hours in 

any one week and not to reduce the present hours of work in any 

office or department. 

(b) For any person who is a member of a crew or others who are 

employed in a capacity that is directly connected with the actual and 

phy ical transportation of n1oney or other valuables such as dispatchers checker , etc., of more than 48 hour in any one week. 

( c) For any factory or mechanical worker or artisan of more than 

40 hours per week, but with the right to work a maximum week of 

44 hours for any 6 weeks within any six month ' period during the 

term of this agreement. . 

Prov ided, howeve1·, That these limitations shall not apply to professional persons employed in their profession· nor to employees 

employed in a managerial, executive, or supervisory capacity who 

receive $35.00 or more per week; nor to special cases where restrictions of hours of highly skilled workers on continuous processes 

would unavoidably reduce production, but, in any such special case 

at le_ast time and one third shall be paid for work in exce s of the 

n1ax1mum. 

Proviclecl furth er, That when necessary, because of an emergency: 

overtime above the limitations herein set forth shall be permitted, 

provided, that the exceptions to the maximum working hours must 

be averaged so that no employees, except those engaged on emergency maintenance or repair work, will average more than the hours 
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above specified in any week within any 10 weeks' perio l during the 

term of this agreement. 

(4) On and after the effective date the minimmn wage that shall 

be paid by any employer to : 

(a) Any accounting, clerical, office, or sales employee ( except outsi le sales employees, watchmen, and tho~e who are employed in a 

capacity that is lirectly connected with the actual and physical 

transportation of money or other valuables such as dispatchers, 

checkers, etc.) in any office or department, shall be not less than 

$15.00 per week in any city of over 500,000 population, or in the 

immediate trade area of uch city; nor less than $14.50 per week in 

any city of between 250,000 and 500,000 population, or· in the ,immeliate trade area of such city; nor less than $14.00 per week in any 

city of between 2,500 and 250,000 population, or in the immediate 

trade area of such city; nor less than $12.00 per week in towns of 

less than 2,500 population. Population for this purpose shall be 

cletennined by reference to the 1930 Federal Census. 

(b) Any person who is a member of a crew or others who are 

employed in a capacity that is directly connected with the actual 

and physical tran portation of money or other valuables, such as 

dispatchers, checkers, etc., shall be not less than 40 cents per hour. 

:Minimum wage restricti9ns shall not apply to apprentices if under 

contract with employer on August 1, 1933. 

( c) Any factory or 1nechanical worker or artisan shall be not 

less than 40 cents per hour unless the hourly rate for the same class 

of work on July 15, 1929, was less than 40 cents per hour, in which 

latter case not to pay less than the hourly rate on July 15, 1929, 

and in no event less than 30 cents per hour. It is agreed that this 

paragraph establishes a guaranteed minimum rate of pay regardless of whether the employee is compensated on the basis of a time 

rate or on a piecework performance. 

(5) Not later than ninety (90) days after the effective date the 

members of the industry shall report to the Administrator through 

the Executive Committee, hereinafter established, the action taken 

by all employers in adjusting the hourly wage rates for all employees 

receiving more than the minimum rates provided in Section 4 of 

this Article. 

ARTICLE IV-UNFAIR COMPETITION 

( 1) Members of the industy shall determine the amount of their 

charges for services by ascertaining the true cost for such service 

and adding thereto an amount that would insure a reasonable profit, 

such true cost and reasonable profit to be established from time to 

tillle on the basis of each member's records in the manner and at 

such times as prescribed by tl?-e Executive Committee, hereinafter 

established, subject to such approval of the Administrator as may 

be required. It shall be considered an unfair method of competition 

for any member to accept new business on a contract basis or otherwi~e o~ to renew existing contracts where the amount of compensat10n 1s less than the amount of the true cost of the service plus a 

reasonable profit, except in the case of service rendered to a recognized charitable institution. 
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· (2) It shall be an unfair method of competition to give secret 

rebates, concessions, or settlements, or to obtain business by the use 

of commercial bribery. No member of the industry shall buy or 

furnish insurance coverage of any character for its customers other 

than that necessary to fully protect money or valuables against loss 

from any cause whatsoever while in its custody, and upon demand 

of the customer to insure the faithful performance of the contract. 

( 3) · The violation by any member of any provision of this Code· 

or of any approved rule issued thereunder, or the use of any subter~ 

fuge, scheme,, or device to frustrate the spirit and intent of this 

Code is hereby declared to be an unfair method of competition. 

( 4) Solicitation of competitor's employees for information as to 

clientele, lists, rates, charges, and practices are forbidden. 

ARTICLE V-ADMINISTRATION 

(1) The Executive Committee shall consist of three members of 

the industry, elected by a fair method of selection, to be approved 

by the Administrator, and is hereby designated as the agency for 

the carrying out of the provisions and purposes of Title I of the 

National Industrial Recovery Act; to administer this Code of Fair 

Competition and for the formulation , with the approval of thePresident, of such further code provisions as may be deemed necessary to insure fair competition and to effectuate the provisions of 

the Act. 

(2) All communications with the President, or with his Agents, concerning the approval or amendment or modification of this Code, 

shall be made through the Executive Comrn.ittee of the industry. 

( 3) vVith a view to keeping the President informed as to the 

observance or nonobservance of this Code of Fair Competition and 

as to whether appropriate steps are being taken to effectuate the provisions and purposes of the National Industrial Recovery Act, each 

member of the industry shall furnish certified. reports to the Executive Committee, when and in such form as it shall prescribe and 

permit authorized representatives of said Committee to make such 

examinations of the records of each member of the industry as may, 

in its judgment, be necessary for the purpose of securing information required to effectuate the declared policies of the National 

Industrial Recovery Act. 

( 4) Any and all information with respect to volume of business, 

costs, and other details of operation as may be furnished by the men1-

bers of the industry to the properly constituted officers, committees, or representatives of this industry shall be considered confidential 

and shall not be supplied or made available to others, except to duly 

appointed and constituted representatives of the President of the 

United States. 

ARTICLE VI-GENERAL 

(1) This Code of Fair Competition and all the provisions thereof 

are expressly made subject to the right of the President, in accordance with Subsection (b) of Section 10 of the National Industrial 

Recovery Act, from time to time to cancel or modify any order, approval, license, rule, or regulation issued under Title I of said Act, 
and specifically to the right of the President to cancel or modify 

his approval of this Code or any conditions imposed by him upon his 

approval thereof. 

( 2) · Such of the provisions of this Code as are not required to be 

included therein by the N at.ional Industrial Recovery Act may, 

with the approval of the President, be modified or eliminated by the 

Executive Committee if it appears that the public needs are not 

being served thereby and as changes in circumstances or experience 

may indicate. It is contemplated that• from time to time supplementary provisions to this Code will be submitted for the approval 

-0f the President to prevent unfair competition in price and other 

unfair and destructive competitive practices and to effectuate the 

other purposes and policies of Title I of the National Industrial 

Recovery Act. 

( 3) No provision of this Code shall be interpreted or applied in .such manner as to-

(a) Promote monopolies, 

(b) Permit or encourage unfair competition, 

( c) Eliminate or oppress small enterprises, or 

( d) Discriminate against small enterprises. · 

( 4) This Code shall be come effective ten days after the approval 

of the President and shall continue in force until June 15, 1935, 

unless prior thereto the President shall by proclamation or the ·Congress shall by joint resolution declare that the emergency 

recognized by Section 1 of the Act has ended, in either of which 

events it shall terminate. 
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3 1262 08584 3588 

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SIGNERS OF THE ATTACHED CODE OF FAIR COMPETITION PROPOSED BY THE. 

NATIONAL ARMORED CAR ASSOCIATION, INC. 

Buffalo Armored Oar Service, I nc., 

Buffalo, N.Y. 

Rolfe Armored Truck Service, Inc., 

Miami, Fla. 

Chicago Armored Express Service, Inc., 

Chicago, Ill. 

Brink's Express Company, 

Chicago, Ill. 

Armored Oar Service, I nc., 

New Orleans, La. 

The Lewis System, I nc., 

: . Sioux City, Iowa. 

Loomis Armored Oar Service, 

Seattle, Wash. 

Armored Motor Service Co., I nc., Memphis, Tenn. Kane Secret Service, I nc., Youngstown, Ohio. 

Security Armored Service Co., 

Kansas City, Mo. F razer & Kelly, 

Albany, N.Y. 

(6) 

0 

Covert Armored Oar Service, I nc., 

Lynn, Mass. Guarantee Service Company, 

~t. Louis, Mo. 

Sweeney Detective Bureau, St. Paul, Minn. 

Doyle Detective Bureau, Rochester, N.Y. 

Safety Payroll Service, 

St. Louis, Mo. 

·Armored Servi ce, I nc., Cincinnati, Ohio. Calumet P rotective Bureau, Gary, I nd. Guarantee Armored Oar Ser vice~ 

Detroit, Mich. 

Armored Oar Company, 

Louisville, Ky. 

Skelly Detective Service, Inc. 

F all River, Mass. 

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