Approved Code No. 14Q-Amendment No. 1 Registry No. 1610-06 

NATIONAL RECOVERY ADMINISTRATION 

AMENDME_NT TO 

CODE OF FAIR COMPETITION 

FOR THE 

WATERPROOFING, DAMPPROOFING 

CAULKING COMPOUNDS, AND 

CONCRETE FLOOR TREATMENTS 

MANUFACTURING INDUSTRY 

AS APPROVED ON AUGUST 28, 1934 

WE DO OUR PART· 

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Approved Code No. 140-Amendment No. 1 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

WATERPROOFING, DAMPPRO·OFING, CAULKING 

COMPOUNDS AND CONCRETE FLOOR TREATMENTS MANUFACTURING INDUSTRY 

As Approv~d on August 28, 1934 

ORDER 

APPROVING AMENDMENT OF CoDE OF FAIR CoMPETITION FOR THE 'iV ATERPROOFING, DAMPPROOFING, CAULKING CoMPOUNDS AND CoNCRETE FLOOR TREATMENTS MANUFACTURING INDUSTRY 

An application having been duly made fursuant to and in full 

compliance with the provisions of Title I o the National Industrial 

Recovery Act, approved June 16, 1933, for approval of an amendment to a Code of Fair Competition for the \V aterproofing, Dampproofing, Caulking Compounds and Concrete Floor Treatments Manufactl.;tring Industry, and opportunity to be heard having been afforded all interested parties, and any objections filed having been 

duly considered, and the annexed report on said amendment, containing findings with respect thereto, having been made and directed to 

the President : 

NOW, 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 Orders of the President, including Executive Order No. 6543-A, dated December 30, 

1933, and otherwise; do hereby incorporate, by reference, said annexed report and do find that said amendment and the Code as 

constituted after being amended 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 amendment be and it 

is her~by approved, and that the previous approval of said Code 

is hereby modified to include an approval of said Code in its entirety 

as amended. 

Approval recommended: 

GEo. L. BERRY, 

HuGHS. JoHNSON, 

Administrator for Industrial Recovery. 

Division Administrator. 

wASHINGTON, D.C., 

August ~8, 1934. 

H:.:!!:ll4°-1044-13Q--34 (1) 
REPORT TO THE PRESIDENT 

The PRESIDENT, 

The White House. 

SIR: An application has been duly made pursuant to and in full 

compliance with the provisions of the National Industrial Recovery 

AGt for an amendment to the Code of Fair Competition for the 

Waterproofing, Dampproofing, Caulking Compounds and Concrete 

Floor Treatments Manufacturing Industry, submitted by the Code 

Authority :for the vVaterproofing, Dampproofing, Caulking Compounds and Concrete Floor Treatments Manufacturing Industry. 

The purpose and effect of the amendment are to authorize the 

Code Authority to submit a budget and method of assessment upon 

which funds shall be contributed by members of the Industry. 

The Deputy Administrator in his final report to me on said 

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

the basis of all the proceedings in this matter: 

I find that: 

(a) The amendment to said Code and the Code as amended are 

well designed to promote the policies and purpos-es of Title I of the 

National Industrial Recovery Act including the removal of obstructions to the free flow of interstate and fore.ign commerce which te11d 

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 inducina and maintaining united action of labor and management und'er adequate 

governmental sanction and supervision, by eliminating unfair competitive practices, by promoting the fullest possible utilization of the 

present productive cal?acity of the industries, by avoiding undue 

restrictions of productwn (except as may he temporarily required) 

by increasing the consumption of industrial and agricultural products throu~h increasing purchasing power, by reducing and relieving unemployment, by improving standards of labor, and by otherwise rehabilitating industry. 

(b) The Code as amended complies in all respects with the pertinent provisions of said Title of said Act, including without limitation Subsection (a) of Section 3, Subsection (a) of Section 7 and 

Subsection (b) of Section 10 thereof. 

(c) The At:ne:gdment and the Code as amended are not designed 

to and will not permit monopolies or monopolistic practices. 

(d) The Amendment and the Code as amended are not designed to 

and will not eliminate or oppress small enterprises and will not 

operate to discriminate against them. 

(e) Those engaged in other steps of the economic process have not 

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

Amendment. 

For these reasons, therefore, I have approved this Amendment. 

Respectfully, 

AuGUST 28, 1934. 

(2) 

I-I UGH 8. JOHNSON, 

Administ1·ator. 
AMENDMENT TO CODE OF FAIR CO~fPETITION FOR 

THE WATERPROOFING, DAMPPR.OOFING, CAULl{ING 

COMPOUNDS AND CONCRETE FLOOR TREATMENTS 

MANUFACTURING INDUSTRY 

The Code of Fair Competition for the ' Vaterproofing, Dampproofing, Caulking Compounds, and Concrete Floor Treatments 

Manufacturing Industry shall be amended by deleting Section 4 of 

Article VI and substituting therefor the following: 

" (a) It being necessary rn order to support the adrp.inistration 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: 

" ( 1) To incur such reasonable obligations as are nece sary and 

proper for the foregoing purposes, and to meet such obligations out 

of funds which may be raised as hereinafter provi led and which 

Ehall be held in trust for the purpose of the Code; 

"(2) To submit to the Administrator for his approval, subject to 

sucJ:l 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; 

"(3) 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 member of the Industry, and 

to that end, if neces. ·ary, to institute legal proceedings therefore in 

its own name. "(b) 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 

1nembers 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. 

" (c) The Code Authority shall neither incur nor pay any obligation . ubstantially 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." 

ApproYed Code No. 140-Amendment No. 1. 

Registry No. 1610-06. 

(3) 

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