Regi ry No. 1627-02 

NATIONAL RECOVERY ADMINISTRATION 

CODE OF FAIR COMPETITION 

FOR THE 

CURLED HAIR MANUFACTURING 

INDUSTRY AND 

HORSE HAIR DRESSING INDUSTRY 

AS APPROVED ON MAY 14, 1934 

WE DO OUR PART 

f ' I 1 1 .. -:-_-

UN ITED STATES 

GOV·ERNI\'IENT PRINTING OFFICE 

WASHINGTON: 1934 

For sale by the uperintendent of Documents, Washington, D.C. - - - - - - - - Price 6 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 F oreign 

and Domestic Commerce. 

DISTRICT OFFICES OF THE DEPARTMENT OF COMMERCE 

Atlanta, Ga. : 50-± Post Office Building. 

Birmingham, Ala.: 257 F edera l Buildin"·. Boston, l\Iass. : 1801 Cu tomhouse. Buffalo, N.Y.: hamber of Commerce Building. 

Charleston, S.C. : Chamber of Commerce Building. 

Chicago, Ill. : Suite 17 6, 201 North \Vell· Street. Cleveland, Ohio : Chamber of Commerce. 

Dallas, Tex. : Ch mber of Commerc Building. Detroit, l\lich.: SOl Fir t National Bank Building. 

H ouston, Tex. : Chamber of Commerce Building. Indianapolis, Incl. : Chamber of Commerce Building. 

Jacksonvllle, Fla.: Cho.mber of Commer ce Building. 

Kansas City, Mo. : 1028 Baltimore A venue. 

Los Ang les, Calif.: 1163 South Broadway. 

Louisville, Ky.: 408 Federal Building. Memphis, Tenn. : 229 Federal Building. 

Minneapolis, Minn. : 213 Federal Building. 

New Orleans, La.: Room 225-A, Cu~tomhou e. 

New York, N.Y.: 73-± Cu tomhouse. Norfolk, Va.: 40G East Plume Street. 

Philadelphia. Pa. : 4-2 Commercial Tru t Building. 

PittsLurgh, Pa.: Chamber of Commerce Building. 

Portland, Orerr.: 215 New Post Office Building. 

St. Louis, Mo. : 50G Olive Street. 

San Francisco, Calif. : 310 Cu tomhou .. e. 

Seattle, Wash. : 809 Fed ral Office Building. 
pproved ode No. 427 

ODE OF F _ IR COMPETITION 

FOR THE 

CURLED HA!R MANUFACTURING !N USTRY AND 

HORSE HAIR DRESSING INDUSTRY 

As Approved on IViny 14, 1934 

ORDER 

ArPR \TKG DE OF FAIR O:i\IPETITION FOR THE CuRLED HAIR M NUrA TCRL-. IND"C TRY AND H .·R E HAIR RE ING INDU TRY 

n a plicati n having been duly made pur uant to and in full 

complit nee with the proYision of Title 1 of the National Industrial 

R cov ry Act. approYecl June 16 1933, for approval of a Code of 

Fair Competition for the urle 1 Hn.ir :Manufacturing Industry and 

Horse Hair Dre ing In lu. tr an l hearings having been duly held 

thereon and the annexed report on ail Cole, containing findings 

with re pect thereto ha. in ·been made and directed to the Pre ident. 

NO\\. THEREFORE on behalf of the President of the United 

tat ,I Hu h . John n, Admini trator for In lu trial Recovery, pur ·nant to authority Ye ted in me by E .-ecutive Orders of the Pre

d nt, in ludincr Executiv Or l r No. G543-A, dated December 30, 

1933. and oth rwi · do her by incorporate by reference said annexed 

report an l 1 find that sail ode complie in all respe ts wi.~.h the 

p rtinent pr Yi ion and will promote the policy and purpo es of said 

Titl f aid A t · and lo hereby order that aid Code of Fair C01np titi n be and it i hereby approved. 

HUGI-I s. JOHN O.r ' 

Adudnistrato1· for Industrial R ecove·ry. 

Appr Yal recommended : 

EO. L. BERRY. 

Di -i ion Ad;ninistrato'r. 

WA HIXGT N D.C. 

l'tf ay 14 1934. 

6 7 0°----544-79----34 (139) 
REPORT TO TI-IE PRESIDENT 

The PRESIDENT, 

The vV ~ite H 01i..r3e . 

Sm : This is a report on the approved Code of Fair Competition 

for the Curled Hair Manufacturing Industry and Horse Hair Dre sing Indu try, the hearing on which was concluded in Vvashington, 

Decemb r 5, 1933, in accordance with the provi ions of the National 

Indus trial Recovery Act. 

Under the provisions of this code no female employee shall be 

paid less than at the rate of thirty-five cents (35¢) per hour, and no 

male employee shall be paid less than at the rate of forty cents ( 40¢) 

pe1· hour. It i. further provided that female emplo} ees, performing 

substantially the same \\Ork as male employ es, shall receive the 

same rate of pay as male employees. Soction 5, of Article IV, 

provides for an increase in the pay of all employ es rec iving in 

exce s of the minimum \vao·e, \\ho have not receiYed an adjustment 

sine June 16, 1933. 

No employee shall be 1 ermitted to work in exces of forty ( 40) 

hours in any one \leek or eight (8) hours in any ono day, w1th the 

exception of ·watchmen, firemen, and engineers, who are permitted 

to work forty-four ( 44) hours per week. Em erg ncy 1naintenance 

or emergency repair men shall be paid at the rate of time and onehalf for all hours worked in excess of forty-eight ( 48) hours in any 

one week or ten (10) hours in any twenty-four (24) hour period. 

The Horsehair Dressing Industry embraces establishments engaged in the dressing of horsehair, which consists of the foll wing 

proce sing: washing, combing, assorting, dre sing, and finishing. 

This indu try is -very small both in number and size of establishment . There are at the present time only twenty (20) establi hments; ten (10) located in Philad lphia and ten (10) in Chicago. 

The agg egate i~vc ste d capital in this in 1u. try oYer the pa t five 

years has decline l from one million dollars in 1929 to five hundred 

tl ousand dollar in 1933. 

Th Curled Hair Inclu ... try con ists o:f establishments engaged in 

the washing, spinning, and combing of hog, goat, horse an l other 

animal hair. The ·e establi hments, numb ring thirteen ( 13) in total, 

are locat cl in the entral and eastern sections of the United States. 

The aCYgreo·ate inY . ted car ital in 1933 \Ya two million dollar . 

This represents a 33.3 per cent decrca e un ler 1929. 

:Thtlarkets for the Hor ehuir Dre ·sing Industry' I roducts are exclnively jobbers, who in most cases are also irnporter of dres eel horsehair. Th se jobber ell to bru h , h aircloth and furniture manufact:Irers, and a f w other small industrie. ·, t he above mentioned 

outl t beino· in the order of their importance ll;:, t volum us c.l. 

\Vithin the past fiy years the mark t · for dome. ti lre,....se 1 hoLehair 

haya decline 1 to a point where a htrCYe number of establi.:,;hment:o arc 

(140) 
141 

op rating n a 111llllllllll1l <.:apa ity basi: 1u t th low ort of f reign 

dr cl h r ehair. 

Th marl t f r th url rl Hair In lu ·tr ar furniture, bed ting 

:mel aut m bile manufa · ur ' l'. . Th' d n nn l for url d hair ha 

lc r a e l about .7 1 er ent from 1 2 to 19' · . 1 h urle 1 Hair 

In lu try i · nfr ntin · a \' r O"J"a\' pr bl m, an l that i th ub titnti n of th r pr lu t · f r url hair. 

Th .ff" t · f the propo d o l on r mrloym nt an l pay-roll 

in r a f r the lor ehair Drc ino· Indu -try annot be determin d 

f r.t o r n on · (1) work i.· n t teady for it i n the order ba. is 

an 1 ize f rd r let rminc th tirn of work; (2) the in rea ·c in 

-n·a ·e to b 1 aid will depen l ntirely on the hour worke l. HoweYer th mrl will be ben ii.ted by th hortcr hours and inr a e in wa,..., rate when employ d. 

The ur] 1 Ilc ir Indu try will not incr a e the number of employ e du t the shorter hours, as they are now workinO" on the 

spr acl-w rk y tem and bu ine does not require more production. 

Increased bur 1 n to the industry, because of wage rate increase, 

' ill be about $ 0 000 per year, or an average increa. e of $4.00 per 

w ek per empl yee providing all employees are r tained and work 

full weekly honr ·. The Actino· Deputy Admini h·ator in his final report to m n said 

code havino· found a herein set forth and on the ba i of all tho proc edings in thi matter; 

I find that: 

(a) aiel ode is well designed to promote the policies and purpo e of Title I of the National Industrial Recovery Act, including 

remo\ al of ob tructions to the free flow of inter tate and for ign 

commerce which tends to dimini h the amount thereof and will provide for the general welfare by promoting the organization of 

indu try f·or the purpo e of cooperative action among the trade 

group by inducing and maintaining united action of labor and 

management under adequate governmental sanctions and upervision by eliminating unfair competitive practi es, by promoting the 

fulle t po ·ibl realization of the pre ent productive capacity of 

indu trie , by avoiding undue restriction of production (except as 

ma · be t mporarily required), by in rea ing the onsumption of 

indu trial and agricultural products through increasing purcha ing 

pow r by re 1ucing and relieving unemi loyment, by improving 

standard of labor, and by otherwise rehabilitating indu try. 

(b) aid trade normally employ not more than 50,000 employee ; 

and is not las ified by me as a major indu try. 

(c) Th ode as a pi roved compli s in all respects with the p rtinent pr i i n of said Titl of ail Act, inclu ling without limitati n ub. e tion (a) of e tion 3, ub ection (a) of ection 7, and 

ub e tion (b) of ection 10 th reo£; an l that th applicant ru o iati n an trade oToup ar an a ociati n and trade group truly r pr -

entativ f the aforesai industries and that sai a o iation and 

·aid ()"r up imp no in qui table r triction n a lmi sion to m mber hip th r in. 

(d) Th ode i not d signed to and will not pcrnut monopolistic 

pra tice . 
142 

(e) The Coae is not designed to and will not eliminate or oppress 

small enterprise and will not operate to discriminate against them. 

(:f) These engaged in other steps of the economic proces.s h ave 

not been deprived of the right to be heara prior to approval of said 

Code, and f or these reasons, this Code has been approved. -

Resp ectfully, 

HUGH 8. JOHNSON, 

Aihninistrator. 

l\1.Ay 14, 1934. 
R THE 

A 

ARTICLE I-P RPO ES 

• 

RLED HAIR 

IOR E HAIR 

To effe tuate the polici of Title I of the National Indu trial 

R ver Act thi Cole i t.abli hed a a Cod of Fair ompetition for the urle l Hair 1\Ianufacturin · In lu try an l the I-Ior e 

Hair Dre ing In lu try and it provi ion shall be binding upon 

every m mber th reof. 

ARTICLE II-DEFINITIONS 

1. The term ' Indu trie ' a u eel herein mean the Curled Hair 

1Ianufacturin<Y Inlu tr and the Hor~e Hair Dre ing In lu try as 

d fin d in ection 2 and 3 of thi Article. 

2. The t rm urled Hair 1\lanufacturing Indu try a u eel 

herein include the manufacture and sale by the manufacturer of 

curled hair, and uch related branche or ubdivi ions a may from 

tim to time be included under the provisions of this Code by the 

Pre iclent of the United State , aft r such notice and hearing as 

he may prescribe. 

3. The t rm Hor e Hair Dre ing Indu try' as u eel herein 

includes the dre in<Y, selling and/ or whole ale eli tribution of' Ho e 

Hair and such related branche or ubdivisions a may from time 

to time be included under the prm i ions of this Code by the Pr ident of the United State , after such notice and hearing as he may 

pre cribe. ·I 

4. The term ' member of the indu tries" in ludes, but without 

limitation an. individual partner hip, as ociation, corporation or 

oth r form of enteq ri e enaao·ed in the Curled Hair Manufacturin Indu try and/ or the Hor e Hair Dre ing Indu try, either as 

an employer or on hi or its own behalf. 

5. The t rm ' employee" as used herein includes any and all 

p r on eno·aa d in the indu tries, however c mpensated, except 

a member of th Indu trie . 

6. The t rm emr loyer ' as u eel herein inclu les anyone by whom 

su h emplo ee i omp n ated or mployed. 

7. The term ct and "Admini trator" as used herein mean, 

re p ctiv I. Title I of the National Indu trial Recov ry Act and 

th Admini trator for Indu trial Recovery. 

ARTI LE III-Ho 

1. No mpl . hall be permitt c1 t work in x of forty (40) 

hour in any n week r i crh ( ) h ur. in any on clay, x pt 

a h r in therwi. pro id 1. 

(143) 
1-l± 

2. The prov~ion;· of thi \..rticl shall not apply to persons em- ploy cl in a managerial or executiYe capacity who receive not less 

than thirty-five ($35.00) per "' eek, nor to traveling alesmen nor to 

employees engaged in mero·ency maintenance or em rgency repair 

work inYolYino- prot ction of life or property, provided, however, 

that all employee engag in emergency I , aintenance or emergency 

repair work shall receive at least one and one-half times their normal 

rate of pay for all hour '"or ked in exce of forty-eight ( 48) hours 

in any one week or in excess of ten (10) hours in any twenty-four 

(24) hour poriod. 3. _rJ o watchman, fir man or eno·ineer ·hall be permitted to work 

in exces · of forty-four ( 4:1:) hours in any one week. 

4. No employee shall b permitted to work more than six (G) lays 

jn any seven (7) day period. 5. Employers when working as producer , shall be governed by 

the maximum working hours provided herein. 

G. No employe shall be permitted to work for a total num~ rr of 

hour in excess of the number of hours prescribed here.in ,,-hether 

he be employed by one or more employers. 

ARTICLE IV-WAGES 

1. J o female employee shall be paid less than at the rate of thirtyfive cents (35¢) per hour and no male employee shall be paid less 

than at the rate of forty cents (40¢) per hour, except as herein 

othenvi e provided. 

2. A person whose earning capacity is limited because of age or 

physical or mental handicap 1nay b employed on light work at 

a wage below the minimum established by this Code if the employer 

obtains from the State authority desianated by the United States 

Department of Labor a certificate authorizing his employment at 

such wages and for such hours as shall be stated in the c rtificate. Each employer shall file with the Cod€ Authority a list of all such 

persons employed by him. 

3. Female employees performing substantially the same work as 

male emplo:yeBs shall receive the same rate of pay as n1.ale employees. 4. This article establi hes a minimum rate of pay which hall 

apply, irrespective of whether an employee is actually compensated 

on a time rate, piece-work performance or other basis. 

5. It is the policy of the members of this industry to refrain from 

reuucing the compensation for employment which compensation 

was prior to June 1({, 1933, in excess of the minimum wage herein 

set forth, notwith tanding that the hours ot work in such employment may be redn ed ;· and, unless since such date uch adjustments 

have been made, all members of this industry shall endeavor to 

increase the pay of all employees in excess of the minimum wage, 

as herein set forth, by an equitabl adjustment of all pay sche h1les. 

ARTI L E V-GE ... ERAL LABOR PROVISIONS 

1. No person under sixteen (16) years of age shall be employed 

in the industry. No person und r eighteen (18) y ars of age shall 

be employed at operations or occupations which are hazardous in 
4t> 

natnr or danp: ron o h alt l . Th 

t th \ 1mini ·trat r Yithin .. ixty ( G 

thi . t1 

a o- . 

• . hall ~u mjt 

lat f 

b t an 

.:.J. In rompli2nce with c ·ti n 7 (a) of th A t it is I rovid d : 

(a) Tha employ e shall haYe the right to oro·aniz and bargain 

c llcctiYdy thr ugh reJ r entatiYes of their own choo ing, and shall 

b , fr e fr m tha interfcr nc re traint or coercion of mployers of 

labor, r th ir agent , in the de ·ignation of uch repre entativ s or 

in elf- ro·anization or in other concerted activities for the purpose 

of coll ctiY bargaining or other mutual aiel or protection. 

(b) Th, t no employee and no on seekin · employment . hall be 

require l a· a nditi n £ employm nt to join any company union 

or to r frain from joining, organizing or a. sisbng a labor oro·anization f his own choosing, and 

(c) That employ r shall comply with the maximum hours of 

labor minimum rate f pay, and other conditions of employment, 

appr vecl or pre ·cribed by the President. 

3. :r emr loyer ....:ha:ll reclassify employees or duties o:f occupations 

performed or engage in any other subterfuge for the purpo of 

defeatin o· the purpo es or provisions of the Act or of this Cod . 

4. E, ery employer shall provide for the safety an l health of em· 

ployees during the hours and at the places of their employment. 

Stan ard for ·afety and health shall be submitted by the code authority to the Admini. trator within six months after the effective 

date of the code. 5. No proYision in this Code shall -supersede any State or Federal 

law vhich imposes on employers more stringent requirements as t o 

aae of emplo} es, wages, hours of work, or as to safety, health, sanitary or general working conditions than. are imposed by this Code. 

6. All emp oycrs shall post and keep posted complete copies of the 

hour wa()' and general labor provisions of this Code in conspicuous 

places ac . ible to employees. 

AnTI LE VI-AnMI I TTIATION 

OllG.\.::\TJZATION ND C :X TITUTION 

1. A ode Authority is hereby e tablished to cooperate with the 

Administrator in the a lmini tration of this code and shall consist 

f j (rht ( ) memb r , three ( 3) of whom shall be chosen by the 

url d air J\Iannfacturin · Industry and five (5) hall be cho en 

by tl e I or · Hair Dr s. ·ing Industry, throuo-h a fair method of 

elc tion apr r Yed by the Admini traior. The Administrator in his 

di r ti n may alp int not more than three (3) additional men1bers ·withont Yot , ancl wjth ut mp 11 ·ation from the in ln try, to erve 

for . u h 1 ri c1 f tim ancl t r pr .'ent th \.dminj tra or or uch 

gr up r ur Hlp.' a. · he ma.r d . io·nat . Tbc m mb r-· of th ode 

Au h ri v from th Curle l Iln.ir J\Ianufa tnrino· Indu try and th 
146 

• 

members of the Code Auth rity from the I-Iorse Hair Dressing Indu try shall be the sole 'ode Authority on all matters pertaining 

cvclusively to their respective indu trie . 

2. E ach tracl - or indu: trial a sociation directly or indirectly participatino· in the s Jection or activities of the Code Authority shall 

impose no inequitable re triction on membership, and shall submit 

to the Administr ator tru copies of its articles of a · ociation, bylaw , regulation and any amendments when made thereto, together 

with uch other information as to member hip, organization and 

activitie as the Admini trator may deem neces ary to effectuate the 

purposes of the Act. 

3. In order that the Code Authority shn1l at all time be truly 

r epresentative of the indu tries and in other re pects comply with 

the provisions of the Act, the Administrator may pre cribe such 

hearings a he may deem proper; and thereafter if he shall find that 

the Code Authority is not truly representative or does not in other 

respects comply with the provisions of the Act, he may take such 

action as he may deem nece sary under the circum tances. 

4. Any member of the industries shall be entitled to participate 

in and share the benefits of the activities of the Code Authority and 

to participate in the selection of the members thereof by as enting 

to and complying with the requirements of this Code and sustaining 

their reasonable share of the expenses of its administration. Such 

reasonable share of the expenses of administration shall be determined by the Code Authority, subject to the approval of the Administrator, on the basis of volume of business and/ or such other factors 

as may be deemed fair and equitable. 

5. Nothing contained in this Code shall constitute the members 

of the Code Authority partners for any purpose. Nor shall any 

member of the Code Authority be liable in any manner to anyone 

for any act of any other member, officer, agent or employee of the 

Code Authority. Nor shall any member of the Code Authority, 

exercising reasonable diligence in the conduct of his duties hereunder, be liable to anyone for any action or omi sion to act under 

this Code, except for his own willful mis-feasance or non-feasance. 

6. Powen (l)]Ul Duties.-The Code Authority shall have the following further powers and duties: 

(a) To administer the provisions of this Code, provide for the 

compliance of the industries with the provisions of the Act and to 

propose and submit to the Administrator its recommendations for 

amendments and/ or modifications of this Code whi"h shall become 

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

after such notice and hearing as he may specify. 

(b) To adopt by-laws and rules and regulations for its procedure 

and for the administration and enforcement of the Code. 

(c) To obtain from members of the industries such information 

and reports as are required for the administration of the Code and 

to provide for submission by members of such information and reports as the Administrator may deem necessary for the purposes 

recited in Section 3 (a) of the Act, which information and reports 

shall be submitted by members to such administrative and/ or government agencies as the Administrator may designate; provided that 

nothing in this Code shall relieve any member of the industries of 
47 

(b) 

2. 

(c) 
148 

(i) To appoint a Tr-ade Practice Committee which shall meet 

with the Trade Practice Committees appointed under such other 

codes as may be related to the industry for the purpose of formulating fair trade practices to govern the relationships between employers under this code and under such other codes to the end that such 

fair trade practices may be proposed to the Administrator as am.endments to this code and such other codes. 

(j) To provide appropriate facilities for arbitration, and subject to the approval of the Administrator, to prescribe rules of 

procedure and rules to effect compliance with awards and determinations. 

7. If the Administrator shall determine that any action of the 

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

contrary to the public interest, the Administrator may require 

that such action be suspended to afford an opportunity for investigation of the merits of such action and further consideration by 

such code authority or agency pending final action which shall not 

be effective unless the Administrator approves or unless he shall 

fail to disapprove after thirty (30) days' notice to him of intention to proceed with such action in its original or modified form. 

ARTICLE VII-TRADE PRACTICE 

1. No member of the industries shall publish advertising 

(whether printed, radio, display or of any other nature), which is 

misleading or inaccurate in any n1aterial particular, nor shall any 

member in any way misrepresent any goods (including but without limitation· its use, trade mark, grade, quality, quantity, origin, 

size, substance, character, nature, finish, material, content or preparation) , or credit terms, values, policies, services or the nature or 

form of the business conducted. 

2. No membt>r of the industries shall knowingly withhold from 

or insert in any quotation or invoice any statement that makes it 

inaccurate in any material particular. 

3. No member of the industries shall brand or mark or pack any 

goods in any manner which is intended to or does deceive or mislead 

purchase!'s with respect to the brand, grade, quality, origin, size, 

substance, character, nature, finish, material, content or preparation 

of such goods. 

4. No member of the industries shall publish advertising which 

refers inaccurately in any material particular to any competitors or 

their goods, prices, values, credit terms, policies or services. 

5. No member of the industries shall publish or circulate unjustified or unwarranted threats of legal proceedings which tend to or 

have the effect of harassing competitors or intimidating their customers. Failure to prosecute in due course shall be evidence that 

any such threats is unwarranted or unjustified. 

6. No member of the industries shall ship goods on consignment 

except under circumstances to be defined and applied uniformly by 

the Code Authority, where peculiar circumstances of the industries 

require the practice. 

7. No member of the industries shall attempt to induce the breach 

of an existing contract between a competitor and his customer or 
n1nn1 r lea ~ f anv ao 

th r g f. ' 

149 

. To m mber f th ind1 tri . hall join r p· rti ipat 'Yi h oth r 

m mb r f the ind 1 trie who with u h member con titut a u -

tan ial numb r of m mber ·of the in lustri · or who t aether control 

a ub tantial p r nt of the bu ·ine ;::, in any pecific produ t or produc of the indu tr.ie , in any tran action known in law a a bla kli t, 

includino· any practice or de ice ( uch as a white li t) which accompli h . the purpose of a blacklist. 10. T m mber of the indu trie hall give, permiJ_ t be gi"'\'" n, or 

Ere tly off r to give. anything of ,-alue for thn purp se of influencin a 

or rewarding th action of any emplo. ee, agent or repre entative of 

another in relation to the business of the employer of uch employee, 

th princir al of s·nch agent, or th3 repre ented party without the 

knowledge of such mployer principal or party. ommercial bribr ' provi i ns shall not be con trued to prohibit free and general 

eli tribution of articles comn1onl used for adverti ing except so far 

a~ uch articles are actually used for commercial bribery a herein 

define l. 

ARTICLD VIII-1\-IERCHANDISING 

The followina proYi ions of thi trticle hall apply to and affect 

onl- the members of the Curled Hair Manufacturing Industry. 

1. The ode Authority for the Curled Hair 1.\fanufacturing Industry hall forthwith re"ommend to the Ad1nini trator for hj approval 

an ad quate method of co t finding which shall contain the principal 

element of co t and which shall bo capable of uniform application 

within the indu try. \Vithin thirty (30) days after su h method 

halll ave been approYed py the _.._dmini trator, it shall be u eel as a 

ba i. for d termining individual cost and thereafter no member of 

the indu try shall ell his products at a price below his own individual co t xc l"'t a · her inafter provided. 

. ach memlf'r of the inclu tr hall file 11ith the Code Authority 

wi hin thirty (30) clay after u h m th d of co t finding shall have 

I een • I prorecl by the dmini trator a schedul of price and di -

count. at whi h he propo e. to sell the products of thi Indu -try 

which .:hall become effective upon the date of filing thereof and no 

memb r of th Indu try hall sell an o£ his products at a price lower 

or li ·com t greater than those which he currently has on file with 

the 'c~d Auth rit . R Yi eel price lists and/or discount mn.y be 

file l by any me11 er of the industry at any time thereafter to become 

E'ffecti,- up n t.h lat of the filina ther of. All uch price li t · and 

1i: u 1L :-o fil l ·hall b made axailable by the ode Authorit to 

all 11. mb ~ of th indlL ry • nd to any ther inter steel party upon 

r que t therefo ·. 

:3 .. ny n mhcr of the inclu:-5trv ma . · ll hi· products at a price 1rl~. ltan hi own incli,·iclml ·o , in order to me t bona fide omp -

tition in nny . 1 cifi i1 ·tun ·e 1 roYid cl nch pri is not les han 

thn prir" of th low · t competing it m on file wi h the Code 

.... \.. uthurit '. 
150 

4. Any memb-e r of t he industry may sell discontinued, obsolete or 

distress merchandi e at a price less than hi own individual cost 

with the approval f the Code Authority upon such terms and conditions a it may specify. A r peal from the decision of the Code 

Authority upon any application for the sale of such merchandi e 

may be had direct to the Administrator and the decision of the 

Admini trator in such cases shall goYern the sale and disposal of 

the merchandise covered by the application. 

A RTICLE I X -MODIFICATION 

1. This Code and all the p rovisions thereof are expressly made 

subj ect to the right of the President, in accordance with the provisions of subsection (b) of Section 10 of the Act, from time to time 

to cancel or modify any order, ar proval, license, rule or regulation 

issued under said Act. 

2. This Code, exc.ept as to provisions required by the Act, may be 

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

ARTICLE X-MONOPOLIES, ETc. 

1. No provision of this Code shall be so applied as to permit 

monopolies or monopolistic practices, or to eleminate, oppress or 

discriminate against small enterprises. 

ARTICLE XI-PRICE INCREASES 

1. Whereas the policy of the Act to increase real purchasing power 

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

services increase as r apidly 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 XII-EFFECTIVE DATE 

This Code shall become effective on the second Monday after its 

approval by the President. 

Approved Code No. 427. 

Registry 1627-02. 

0 

UN IVERS IT Y OF FLORID A 

11111111111 11111111111111111111111111111111111111111111111111111 

3 1262 08855 5452