Approved Code No. 307-Amenclment No. 1 Registry No. 1655-0.l 

NATIONAL RECOVERY ADMINISTRATION 

AMENDl\'IENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

STAY MANUFACTURING 

INDUSTRY. 

AS APPROVED ON AUGUST 7, 1934 

WE DO OUR PART' 

UNITED STATES 

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WASHINGTON: 1934 

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Approved Code No. 307-Am ndment No. 1 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

STAY MANUFACTURING INDUSTRY 

As Approved on August 7, 1934 

ORDER 

APPROnNG AMEND rnNT oF CoDE oF FAIR Co £PETITIO_ FOR THE 

STAY MANUFACTURING INDUSTRY 

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

complianc with the provisions of Title I of the National Industrial 

Recovery A t, approved June 16, 1933, for approval of an amendment to a Cole of Fair Competition for the Stay Manufacturing 

Industry, and notice of opportunity to .be heard having been duly 

given thereon and the annexed report on said amendment, containing 

findings with respect thereto, having been 1nade and directed to thl3 

President : 

NO\V, THEREFORE, on behalf of the President of the UnitBcl 

State , I, I-I ugh 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 said amendment and the Code as constituted after being amended comply in all respects with the/ertinent, provi ion and will promote the policy and purposes of sa:i Title of 

said Act, and do hereby order that said amendment be and it is hereby app-roved, and that the previous approval of said Code is hereby 

modified to include an approval of said Code in its entirety as 

amended. 

HuGHS. JoHNSoN, 

Administrator for Industrial Regoverv. 

Approval recommended : 

EO. L. BERRY' 

Di i.sion Adnvinist1·at01'. 

w ASHI TGTON D.C., 

August 7 1934. 

78 73 °-1044-36-34 (1)' 
REPORT TO THE PRESIDENT 

The Prmsrmi1NT, 

Th e lVhite llo·u.r;P. . 

Sm: This is a r eport o the am.enc1ments to the Code of F uir Competition for the t y ~iannfa bning In lnstry, which has been sub- mitted in ~:.ccorda.n ''-' 1vith E.x:en1tive Order No. G67 . 

Thi amendment nables the Cod i 11 thority to incur such reasonable obligations ::c.· are nece~s a-ry to upport the adn ini tration of the 

code and to mu.intain th e ::-:tn H.1 nn1s of fair competitio ta.blis e l by 

thi · code. It al;-;< nubles tl1e Code } uth rity to . ubmit an itemized 

bu ]o·et, and an iuitahle basi.· npon \vhich th~ f mc1 s necessary to 

sup )Ort su ·h budget sl all be ·ontributed by the members of the 

indu.·try. ~ti.rh conhihntions ure made :n::uwdntoTy hy this amendInel t . 

The Deputj Ar1min:strator in his ilnal report to me on said mnenclment to ·aid coJ e, having fmmd as her ein ~et fol'th an 1 on the basis 

of all the procee(li-:.1gs in thjs mat ter : 

I un d that : 

(a) Tlw an enchn nt: to said coc.le and the cod as amendocl are 

well de ·jgn d to p r01 Jotr the 1Jolicies an 1 1 1rpo. ·es of Title I of the 

Nationa l Industrial t:..e o ·0ry A ·t iilclntling th r mo,al of ob ..... tructi ns to the free now oi inte rsta~e "lid foreign conn.n rce which tend 

to clinlini,·11 th amount there 1:£, and will pro .ide -tor the ~~eiH r al ' "'elfar~:..' by promoting th e rga1 ization of ihd.nstl'y for the purpose of 

cooper a ive action amoni::: triHle groups. by inducing and 1raintaiuing 

united ~tct on of lab rand lWtnagenwnt und r a~l quate governmental 

sanction a.n l sup..:rvisj n, i . y e r min a ting nufr ir comp:'titi. vc practices. by p rmnotino· the fnl1e t pos ibl e utilization of the present 

pro luchv capa 'ity of the inclu-· rie , by avoi ling nnd ~ r estri tion. 

of p ro luctim. ( .T . pta.· may be temporarily rcrquir..,d)} b T incr ea 'ing 

the constm1.1 tion of indn: trit1 l nncl agricultn.r n.l pro luct through incre-asing urcha.~ng pDwer, by redu 1ng and relie-ving Hne111ployment, 

by in1proving standards of labor, and by other·wise reh abilitating 

industr y. (b) T he code a.- :tmencled complies jn a.ll re. pe ·t · with the pertinent proYi. ions of ail Title of' said Act, including without limitation Subsection (a) of Section 3, Sub ection (a) 0:f Section 7 ancr 

ub act n (b ) of Section 10 thereof. 

(c) The ode empowe1·s the Code \ut hority to pr sent th aforesaid amendment on behalf of tha in dustry a a whole. (d) T he amendment and the code as amended are not le io·ned 

to and will not permit mono1 olies or monopolistic prac ·ice ·. 

(e) The amendm nt · an l th cocle as amended are n t le io·ned 

to and will not eliminate o1· oppre s sn1.all -nterpris an l will not 

oper ate to discriminate agajnst them. 

(2) 
r .-.T 7, -±. 

3 

· th c n mic pro s have 

br h arc1 pri r to I ..._ roval of 

he , m ndm 'nts ha · bct>~l approved. 

I P''li '. J HN N, 

1cl1ni.listrator. 
MODIFICATION OF CODE OF FAIR COMPETITION FOR 

THE STAY MANUFACTURING INDUSTRY 

The followino· shall be. ub tituted for Article VI, Section 5 : 

1. It being found necessary to support the Administration of this 

Code, in order to effectuate the policy of the Act and to maintain the 

standards of fair competition established hereunder, the Code 

Authority is authorized: 

(a) To incur such reasonable obligations as are necessary and 

proper for the foregoing purpo es and to meet such obligations out 

of fund which shall be held in trust for the purpo ·es of the Code 

and raised as hereinafter providod. 

(b) To ·ubmit 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 expen es for the foregoing 

purpo es, and 

(2) An equitable ba i. upon which the funds necessary to support 

such budQet shall be contributed by all members of the Industry 

entitled to the benefits accruing from the maintenance of such 

standard , and the administration thereof; 

(c) After uch budaet and basi of assessment have been approved 

by the Administrator, to determine and collect equitable assessments 

as set forth and to that nd, if necessary, to institute legal proceedings therefor in its own name. 

(d) Each member of the Industry shall be liable for his or its 

equitable a es ment to the expen e of the maintenance of the Code 

Authority as her inabove provided. 

(e) Only members of the Industry complying with the Code and 

contributing to the expenses of its administration as provided in 

Section 3 hereof (unle s duly exempted from making such contribution) shall be entitled to participate in the selection of members of 

the Code Authority or to make use of any emblem or insignia of the 

National Recoverv Administration. 

(f) The Code Authority shall neither incur nor pay any 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. 307--Amendment No. 1. 

Registry No. 1655-01. 

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UNIVERSITY OF FLO RIDA 

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