Approved Code No. 224 Registry No. 625-02 

NATIONAL RECOVERY ADMINISTRATION 

CODE OF FAIR COMPETITION 

FOR THE 

FURNITURE AND FLOOR WAX 

AND POJ~ISH INDUSTRY 

AS APPROVED ON JANUARY 23, 1934 

WE DO OUR PART 

--·-

UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASHINGTON : 1934 

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

This publi ation i for ale by the Superintend nt of Document , GoYernm ut 

Printing Office, YVa bin°toll, D. '., an 1 by di. trict ffic s of th Bur au f If'oreign 

a nd Domestic C mmerce. 

DISTRICT OFFICES Ofo' THE DEPARTMENT OF COMMERCE 

Atlanta, Ga. : 504 Pest Office Building. 

Birmingham, Ala.: 257 Federal uilding. 

Bo ton, l\Iass. : 1 01 Cu tombouse. 

Buffalo, N.Y.: Cll::unber of Commerce Building. 

Charle ·ton, S. . : Chamber of Commerce Builcling. 

Chi ago, Ill. : Suite 1706, 201 orth ·w lls tr et. Cl v land, Ohio : hamber of Commerce. 

Dallas, •.rex.: hnmb r of Comm rce Building. 

Detroit, Mi ·h.: '01 J\'~r::: t -'- ·ationnl Bank nuilclin"'. 

Hou tou, Tex.: Chamber of Commer ce Duildin"'. 

Im1ianapoli , Incl. : 'h&mbcr of Commerce Building. 

Jacksonville, Fia.: Cbambet· of ommerce Building. 

Kansas City, Mo. : 1028 Baltimore AYenue. Lo Angele , Calif. : 1163 South Broadway. 

Loui ·vill , Ky.: 40 Fe leral Buildin°·. 

Memphis, T nn. : 2:.. Feeler. l Building. 

Miuneapoli ·, Minn. : 213 Federal Buildino-. 

New Orl ans, La. : Room 225-A, u tomhou e. 

ew York, N.Y.: 734 u tomhou e. Norfolk, Va.: 406 East Plume Street. 

Philadelphia, Pn.: 4-2 ornm r ial Tru t Building. 

P ittsburgh, Pa. : Chamber of ommer e uilding. 

Portland, Oreg.: 215 rew Post Office Building. 

St. Loui , 1\10. : 506 Oli-..e Street. San F r an i co, alif. : 10 Cu tomhou . Seattle, Wash.: 09 Fed ral Offic uilding. 
Approved Code No. 224 

CODE OF FAIR COMPETITION 

'FOR THE 

FURNITURE AND FLOOR WAX AND POLISH 

INDUSTRY 

As Approved on January 23, 1934 

ORDER 

APPROVING CODE OF FAIR COMPETITION 

FOR THE 

FURNITURE AND FLOOR WAX AND POLISH 

INDUSTRY 

An application having been duly made pursuant to and in full 

compliance with the provisions of Title I of the National Industrial 

Recovery Act, approved June 16, 1933, for approval of a Code of 

Fair Competition for the Furniture and Floor Wax and Polish 

Industry, and hearings having been duly held thereon and the 

annexed report on said Code, 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 atLthority 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 Code complies 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 Code 

of Fair Competition be and it is hereby approved. 

HUGH S. JOHNSON' 

Administrator /01· l ndit,Strial R ecovery. 

Approval recommended: 

GEO. L. BERRY, 

Division Adrninistrato1·. 

w .ASHINGTON, D.C., 

J anit,a1·y 23, 1934. 

35371°-313-116-34 (3S1) 
THE PRE IDE N T ' 

Th e lV h'it e IJ o·use. 

Sm: Thi is a r port on the Code of Fair Competiti n for the 

Furniture and Floor '\Vax and Polish Indu try a hearino- on which 

was on lucte 1 in accordan with the pr , i ions of the ational 

Industrial Recover Act. The hearin a wa. held in the Gri liron 

Room of th H ot 1 '\Yillar 1 in '\"\ a~hington on Jan nary 4 193-1. 

Pnon ION OF TIIE ODE _\ TO "\VA E. AND H CR. 

exception in 1icat l that n 

n a.· w m n ar 

( .! ) 

w rk in '. ·l· . · < f 

f 1111 aml on hir 1 

f 40 nt. pl r hour 

of 

lip 

1 l 

light pa,·k: gin!.!, 

inli·: di. not 

l l 11 :-tall' l th 1t 

prr:i ·011 in th 
383 

EcoNoMrc EFFECT OF THE ConE 

The Code was presented by the National Polish and Mop Manufacturers A sociation and the National Association of Chemical Specialty Manufacturers. These groups, combined, are aid to represent 

seventy-five percent of the sale's volume of the industry. The presentation of the Code by the two group reflects a desire upon the 

part of the_ Industry to cooperate under the terms of the Act and 

Code. 

The Indu try i reported to consist, e sentially, of about 250 concerns which are engaged in the manufacture, including packaging, 

of products containing wax and/ or oil compounds for use in the 

treatment of floors and furniture. There are about ten large concerns which employ upwards of 35 persons each, a few slightly 

smaller ones, and a large number of one or two-man establi hments. 

These smalle t establishments may be independent · and owner-operated or they may repre ent a side-line or by-product activity of concerns whose chief products are paint, various kinds of polishes, soap, 

oils, chemical specialties, mops, etc. About 10% of manufacturers' 

sales are in bulk implying the use of five-gallon or larger containers 

and made either to large consumers or packaging concerns. The 

greater part of the products of the Industry is sold in small units 

through regular distributing channels of the hardware and grocery 

trades. 

Since the products are chiefly semiluxuries, the demand for them 

is largely influenced by general busine~s conditions, that is, by the 

amount of money that people have to spend for other than absolute 

necessities. 

There are two seasonal peaks spring and f all in the demand. 

Although the larger firms make effort to anticipate peak demands 

by building up stock to some extent, there are practical difficulties 

that prevent storing for long periods. Limitations of working capital tend to restrict manufacture for to ·k especially by the ,~mall 

concerns. 

Manufacture is so widespread and so relative!. ea y to start on a 

small scale that there is generally sharp competition for all available 

business both among nationally advertised brands and between these 

and purely local products. 

From current data., the Indu try may be said to employ about 2,500 

persons. This figure indicates a drop in employment since 1928, 

when, it is estimated, 3,100 per ons were employed. 

The aggregate production capacity for the Indu try is computed 

to be $40,000,000. Aggregate annual sales in 1928 are stated to have 

lropped in 1933 to $9,530,000 as compared with $14 660,000 in 1928. 

The Industry, working under a general 49-hour week, has restored 

employment practically to the 1928 figures. Further improvement 

in general business conditions invoking the overtime provision of 

the Code, as provided for peak periods, should result in additional 

employment. 

The Code provides a minimum hourly rate of 35 cents per hour 

for employees engaged in light tasks of wrapping, packaging, etc., 

and a minimum of 40 cents for all other classes of emplo3 ees except 

office boys and girls. 
384 

Operating on minimum hourly rates of 32.5 cent and 35 cents per 

hour, respectively for the two clas s of work, un ler the President's 

Reemployment Agreement, minimum weekly earninas w r higher in 

October 1933 than in June 1928. Application of the ode provi ions 

should increa e minimum wag s om what further. 

Payrolls, it has been e -timated, wiH be increa el about 10% under 

the application of the Code's labor provi ion . Thi. ·l10uld re tore 

payrolls to a point omewhat above that of 1928. 

Fr TDINGS 

The Deputy Admini ... trator in his final report t m on said ode 

having found as herein set forth and on the ba is of all th proceeding in thi matter; 

I find that: 

(a) Said Code. is well de iO'ne l to promote he p li ie and l urposes of Title I of the National Indu. trial R cov r \.ct jn lu linoremoval of ob tructions to the free fl w of inter. tat nd f r ign 

commerce which tend to dimini.,h the am unt ther of and ill provide for the general welfare by prom ting th oro-anizat.i n f 

industry for the purpose of cooperative a tion ::unono- the trad 

group , by inducing and maintaining united a ion of t bor and 

management under adequate g v rnn1cntal anction and . nper-,ision, by eliminating unfair competitive practi 0 ., lY\ prom tino- he 

fullest pos ible utilization of the pre nt pr lludin, ·apaci( · of 

j.ndustries, by avoiding undue re tri tion f Ir dnction ( xc p as 

1nay be temporarily required) by incr a ing th on umption of 

indu trial and agri ultural produ ts throu0 h in rca ·ino- purcha inopow r, by producing and r lieving un mplo 1ment b improvinostandard of labor, and by otherwi e rehabilitatin<T indu try. 

(b) Said Industry normally em1 loys not more than 50,000 mployees; and is not clas ified by me as a major indu tr, . 

( c) The Code as approved complies in all r pects with the I rtinent provi ions of said Title of sail t includin without limitation Sub ecti n (a) of S ction 3 1vub ction (a) of e ti n 7 

and Sub e tion (b) of Secti n 10 ther of· and that t.h applican 

a sociation ar indu trial a ociation truly rcprc ent, tiY of the 

afore ail In lu try; and that ~ai 1 a o iation imr n inequitable re tri tions on admi ion t memb r~hip th r in. 

( c1) The ode is not c1 i oned t and ill not I rmi monopol i 

or rnonopoli tic practices. 

( ) Th de i not d io-ne l to and will n t liminat r Pl r 

small nt rpri s and will n t operate t li. riminatc a_,-ain. th m. 

(f) Tho n ·aae in o h r t p. f th c n mi l r ~ h ,, 

not be n cl prive f the ri ·ht t b h ar 1 I ri r t nr pr Yal f ai 1 

Cod. 

F r th ·e r on t.hi od ha 

R . p tfully 

II rr .JnT .. ... 1dmini:trator. 

J.A ~ ARY 23 19 . 
CODE OF FAIR COMPETITION 

FOR THE 

FURNITURE AND FLOOR WAX AND POLISH INDUSTRY 

ARTICLE I-PURPOSE 

To effectuate the policies of Title I of the ~ ational Industrial 

Recovery Act, the following provisions are established as a Code of 

Fair Competition for the Furniture and Floor ,;v ax and Polish Industry, and shall be the standard of fair competition for such indus- try and shall be binding upon every member thereof. 

ARTICLE II-DEFL. !TIO TS 

The term "industry" as used herein includes the manufacture, 

including packaging, of products containing wax and/ or oil compound as e sential constituents, for u e in the treatment of floors 

and furniture, and uch related industries as may from time to time 

be included under the provisions of this Code. 

The term "employee" as used herein includes anyone engaged in 

the industry, in any capacity, receiving compensation for his services, irrespective of the nature or method of pa} ment of such 

compensation. The term "employer" as used herein includes anyone by vd1om 

any such employee is compensated or employed. 

The term ·' member of the indu try" includes anyone engaged in 

the industry as above defined, either as employer or on his own 

behalf. 

The term 'Associations" as used herein means the National Polish 

and Mop Manufacturers Association and the National As ociation of 

Chemical Specialty Manufacturers. 

The terms "President" "Act" and "Administrator " as used 

herein shall mean respectively ' ' the President of the United ' States, 

Title I of the National Industrial Recovery Act, and the Administrator for Industrial Recovery. 

ARTICLE III- HouRs 

A. No employee shall be permitted to work in excess of 8 hours 

per day or an average of 40 hours per week in any three-month 

period, but iii. no case in exce s of 48 hours in any one week, except 

as follows: 

1. Technical or professional employees, such a. chemists, r1rn:aged 

in their technical or professional capacity, who receive more than 

(385) 
386 

$35 per week , but not including skilled operating personnel ; employees in a managerial ·upervi. ory, or executive capacity who 

receive $35 or more per ,Yeek; supervi ors or highly skilled workers 

in continuou pro e...:ses where restriction of hours would unavoidably 

reduce production and who receive $35 or more per week; employees 

on emergency maintenance and repair work; and outside alesmen. 

2. Employees on automotive or hor e-drawn pa eno-er, e:s:press, 

deliv ry or freight service, who hall not be permitted to work in 

excess of an averao-e f 44 hours per week in any t h ree-month period 

or in exce s of 48 hour iL any calendar week. 

• 3. Engineer , firemen, water tender , an l oilers, who hall not be 

permitted to work in ex e -~ of 4 hours a week. 

4. W atchmcn, v,rho hall not be permitte l to work in xce s of 

56 hours per week. 

B. If any en ployee with the exception of those emplo. 'C in lud d 

in ention A (I) who receive $35 or more per week out idc ale n1en 

and watchmen- but not including employee on emeraen maintenanc and repair work-works in x · of hour in any 24-hour 

period, or in exce s of 40 hour in any calen lar week: the wage paid 

for e:s: e ·s hour . .-hall not be less than one and one third th reaular 

rate. 

C. If any employee works for 1nore than one em1 loy r no ·uch 

employer or employers shall knowinglv l ermit any empl 1 e to w rk 

for a total number of hour in e:s:ce of th numb r f hours pr -

·cribed, anJ all n1ploy r in th in lu. try !:ihall e_ erci lu liligence to carry out the purpo.:e of thi . ection. 

D. o employ c shall b permi.tte l to work more than ~ix lay · in 

an~, cal ndar week. 

ARTICLE IY- YAGE, 

\... No emplo c s hall be pai 1 le · than 40~ per hour xc p a 

follows : 

1. Employ e · n,o-age 1 in the light ta k f wrappin · l ackao-inofillino- and labeling wh hall be pail not 1 than 3- I er h ur. 

2. Office bo s an l ffi e girl. ma., e em1 loy l at a rate not 1 

than $12 p r week, pr vicled, ho"· ver, that not m r than -% 

of the total number f offi em1 lo ·ee f a h e tabli~hm nt mar 

be o la ifie l and further provicl 1, that ea h e tabli. hm n ma 

b 1 titl c1 to at 1 a t one uch em1 loye . 

3. Thi.· articl ·tabli he a minimum rate f la ' n\..:ar 11 ~. f 

,Yhether an em11 T i · cornr en at l n a time rate, pi r 

th r ba i . 

4-. 
387 

ARTICLE V-GENERAL LABOR PROYI. .. IO~S 

1. No person un ler lG years of age shall be employed in the industry, nor anyone under 18 years of age at operation or occupations 

hazardous in nature or detrimental to health. A Ii t of all such 

hazardous occupations shall be filed with the Code Authority within 

90 clays from the effective date. In any State an employer shall be 

deemed to have complied with this provision if he hall have on file 

a certificate or permit duly issued by the authority, in such state, 

empowered to issue employment or age certificates, showing that the 

employee is of the required age. 

2. Employees shall have the right to organize and bargain collectively through representatives of their own ch6osing, and shall 

be free from the interference, restraint, or coercion of employers of 

labor, or their agents, in the designation of such representatives or 

in self-organization or in other concerted activit.ies for the purpose 

of collective bargaining or other mutual aid or protection. 

3. No employee and no one seeking employment shall be required 

as a condition of employment to join any company union or to re~ 

frain from joining, organizing or assi ting a labor organization of 

his own choosing; and 

4. Employers shall comply with the maximum hours of labor, 

minimum rates of pay, and other conditions of employment approved 

or prescribed by the President. 

5. "\1/ithin each State this Code shall not super. ede any laws of 

such State imposing more ·stringent requirements on employers regulating the age of employees, "ages, hours of work or health, fire 

or general working conditions than under this Code. 

6. Employers sha.ll not reclassify employees or duties of occupation performed by employees or engage in any other ubterfuge so 

as to defeat the purpo es of this Code, and in this connection employees engaged in two or more capacities or positions having different duties connected therewith, one or more of which being limited 

by maximum hours, shall be classified under the limited hour position which is limited to the fewer number of hours per week and 

shall not be permitted to work a total number of hours in excess of 

those prescribed for such po ition. 

7. Employers shall 1nake reasonable provision for the safety and 

health of their employees at the place and during the hours of their 

employment. 

8. An employer shall, to the best of his ability, so administer work 

in his charge as to provide the maximum practical continuity of 

employment for his personnel. Each member of the Industry shall 

make a study and ubmit a plan for regularization and stabilization 

of employment in his pln,nt and shall submit uch plan to the Code 

Authority. 

9. Each employer shall post in places acne sible to employees full 

copies of the labor provisions of this Code. '-
388 

Ann LE VI- ADl\IINI STRATION 

To further effectuate the policie · of the Act, a Code Authority 

i · hereby constjtuted to oopera te with the Admini trator in the 

admini tration of this o le. 

1. Organi:emtion and onstitution of Code Authority. 

(a) The Code Authority hall consi t of 7 members of the indu try, 

or such other number a may be approved from tim"' to time by the 

Admini -trator, to be . elected as hereinafter et forth. The Admini trator may appoint not more than 3 additional member. \Yithout vote to r present the Admini trator, without expen ·c t the 

In :lustry. 

(b) The members of the Code Authority hall be s lect l by the 

indu try at a meeting of the members of the indu tr t be called 

by the A ociation. within 20 day aft r the approval f hi. cl . 

Th method of election of the Cod Auth rity hall b fair and 

equitable and subject to the approval of the Adrnini trat r. 

( c) Related ind u tries, w hi h may from time to time be incl ucletl 

mder the provisions of this Code with the approval f th d1ninistrator, may establi h their own ·ubordinate Code uthoritie whi h 

shall be independent and self-snpportina, and may deal und r the 

supervi ion of the n1ain Code Authority, with the clmini trator 

in re pect to onditions or problems relatino- exclu ·i ely to ail 

relate l industri s and may amend the application of th pr vi ·i n 

of this Co le to it member . The ubordinate or1e uthoritv of 

such related indu tries shall be entirely re pon ible for th \. lministration of this Code to such industry. 

(cl) The A ociation . hall: (1) Impo e n in quital l r ·triction · 

on member hip, and (2) ubmit to the Admini trator tru opie 

of their article of a ociation, byl1aw ·, r o·ulation nncl anv am ndment when made thereto, together with u h ther inf rmation a 

to 1nembership organization, and a -tiviti a the Admini, trator 

may deem nece sary to effectuate the purp e f the o l . 

( e) In order that the Co le Authority . hall at all tim b trul. 

r r re entative of the indu try and in other r pe t.· m11, with 

the provision of the o le the A lmini trator ma} lH'OYidc . n ·h 

hearing a he may le 111 proper; and th r after if h hall find 

that th Code uthorit. i not trul. repre. nb1ti Ye r <l .· n t in 

other re pect omply ,Yith the proYi ion f th t1 , may r quir 

an appropriat m difi ation in the mpo iti n an 1 ir1 tho l of . · l -

tion of the Cod Authorit . 2. The Col uthority ·hall hav th f 11 vfin · duti ,. and p w I" 

t the extent p rmitt l by the 1 : If th \. lmini ·trntor shall 

<l t rmin that an acti n of th \.nth rit_ r any ag n y 

h r of is unfair unju t r ntrar to th I ubli int r :t, th ... 1-

mini trat r may r quir that u h a ti n b u~ 1 n l 1 f r ,1 1 ri 1 

f n to e:xc l thirt T da · t aifor l an Ip rt unit_ 1 f < r inY . tif th m rit f ·u h a ·ti n ancl furth r ·on. i 1 rnti n , 

u h cl .,,_ nth rit r ng n y p ndint'°' final c ti n, , hi ·h . hall 1 · .. 

tak n nl. up n a1 prov .. I h) th .Atlminis rater. 

(a) \Vith a Yi wt inf rming h ... \ 1mini.·trator , . to th c b rYan · f thi: ' 1 , ancl n: t wh th r th indu t ·y i:-- tahng appro1 rial . t 'P· to rffl'c·tual<' th r I Ii' T f h .. \ t nch 111 •m lH'l' 11' thr 
389 

industry shall furnish duly certified repor~ . in t~e form 3:ncl substance and as required for the proper adm1n1strat10n of this Code. 

The Code Authority is hereby con tituted as the agency for the collection and receipt of such reports and the forwarding of such reports to the Administrator. All such reports shall be held in strict 

confidence by the Code Authority, or any agency to which it may 

delegate this duty except when they shall be required by the Ad111inistrator or the Code Authority in connection with a violation 

of the provisions of this Code. 

(b) The Code Authority may from time to time pr,esent to the 

Administrator recommendations, based on conditions in the industry 

as they may develop, which will tend to effectuate the operation of 

the provi ions of this Code. 

( c) The Code Authority is also set up to cooperate with the 

Administrator in making inve -tigations as to the functioning and 

observance of any provis10ns of this Code. 

( d) Members of the industry shall be entitle 1 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 assenting to and 

complying with the requirements of this Code and sustaining their 

reasonable share of the expenses of its admini tration. The reasonable share of the expenses shall be determined by the Code Authority, subject to review by the Administrator, on the basis of volume 

of business and/ or such other factor as n1.ay be deemed equitable. 

( e) To study, in cooperation with such recognized organizations 

as the Bureau of Standards, establishment of lassifications and 

standards of quality for products of the industry, with the view to 

their recomn1endation to and adoption by the industry. 

3. In addition to information required to be submitted to the 

Code Authority, all meinbers of the Industry shall furnish such 

stati tical information as the Aclininistrator may deem necessary for 

the purposes recited in Section 3 (a) of the Act to such Federal 

and/ or State agencies as he may designate; nor shall anything in 

this Code relieve any person of any existing obligation to furnish 

re.ports to any Government agencies. 

ARTICLE VII-LABOR BOARD 

A labor board to consist of two members selected by the Code 

Authority, two members selected by the Labor Advisory Boarq. of 

the National Recovery Administration and a Chairman to be selected by the Administrator shall be formed to consider and pass 

upon any alleged violation, dispute, or nonobservance of the labor 

provisions of the Code. All decisions shall, if unanimous, be final. 

In the event that no agreement is reached, the matter shall be 

referred to the appropriate Governmental agency. 

ARTICLE VIII-TRADE PRACTICES 

The following practices constitute unfair methods of competition 

for m.embers of the Industry and are prohibited: 

l. False Marking or Branding.-The false marking or branding 

of any product of the industry which has the tendency to mislead or 

deceive customers or ,prospective customers, whether as to grade, 
390 

quality, quantity, substance, character, nature, ong1n, size, finish, 

preparation, or otherwise. 

2. Misrep1·esentation or False or Misleading Advertising.-The 

making, causing, or knowingly permitting to be made or published, 

any false, materially inaccurate, or deceptive statement by way of 

adverti ement or otherwise having the tendency or capacity to 1nislead or deceive cu tomers or prospective customers. 

3. 001nmercial Bribery.-No member of the industry shall give, 

permit to be given, or offer to give anything of value for the purpose 

of influencing or rewarding the action of any employee, agent, or 

representative of another in r elation to the busines of the employer 

of such employee, the principal of such agent, or the represented 

party. These provi ions shall not be construed to prohibit free and 

general distribution of articles com1nonly used for adverti ing except 

so far a · uch articles are actually us 0 d for commercial bribery as 

hereinabove defined. 

4. I nterf ere11.ce with Oont1-ctctual R elations.-Maliciously inducing 

or attempting to induce the breach of an existing contract between 

a competitor and his customer or source of supply, or interference 

with 01: ob tructing the performance of any such contractual dutie 

or service . 

5. 1ecret Rebate .-The ecret payment or allowan e of rebate , 

r efun L, commission , ere lits, or unearned discount whether in 

the form of money or otherwi e, or the ·ecret extensi n to certain 

pur haser of special services or privilege. not e:xten le l to all purchasers on like terms and conditions. 

6. Giving of P1'is , , Prem,ium.s, Gifts, or Free Goods.-The off rjng or giving of prizes, premiums, or gifts in onnection with the 

sale of product . The e provi ions shall not b 0 on trued to prohibit free and general di tribution of articles comm nly used for 

adv rti ing purpo es. 

7. Def a1nation.-The lefamation of competitor by fal ly impntino- to them li honorable con luct inability to perf rm c ntra t 

questionable Tedit tandino-, by other false repre ntation or by 

fal. e di para o- m nt of th o-rad or quality of their o-oo l . 

8. Tlir ats of Litigation.-The public:hing or ircularizin of 

threats of , uit.· for infring ment of pat n or tra l mark ~ r f 

any oth r 1 gal proc din ~ not in aood faith. 

9. E ·pionag of 01np titors.- ecuring onficlential inft rmati n 

one rning the bu. ines of a omp titor b a fal · or mi ·l a<.lin 

stat' ment or r pre entation by a fal e im1 r nati n f n in 

anth rity, by brib ry, r bX any th r unfair m th cl. 

10. 1 al s B lo o ·t.- Th ocl u hority :hall f rmnln 

cau to b f rmlllat cl , unif rm a · unting .. . '. t m whi ·h .-hall 

ada1 tabl t th a·· nntino- pro lur an 1 t th nsin :--s of h 

rnlu.tr. . ueh l lan .·hall · l ify h fa t rN whi ·h :hall includ cl in d t rnunin~ th t: f a h m mh r f th Irnln. tr_r. 

F1 on appr Yal by th \dministrat r f u h a . y:t m f t. a -

·otmtinp: f r tl In lnstry < n 1 I t a lvi lH'l1 rning it ::-;h, ll l t 

li. tribnt 1 b th ,< cl A.11th rit t all n mu r f th• Inclu try. 

' h r aft r 11 m ml C'r of th In lu: lr. . hall · 11 th 1 r Hltt · . '1-f 

th In ln. tr: at . n ·h 1 ri · s or lll n su ·h t rm: a1 d ·mHli ion 1( 

sal( a: will r i-.ult in tl11· 1 ur ·ha: r pn 1 in1r fol' . uch J rn lt1e· l ::--: than 
391 

the cost thereof to the seller, determined in accordance with the aforesaid syste1n o:f cost account except to meet competition, not insti- gated directly or indirectly by the party desiring to meet such competition, but to meet the price o:f a competitor who e price loes not 

violate the Code. 

11. Pitblished Prices.-,Vithin ten (10) days after the approval 

of this Code each member of the Industry shall publish and file 

with the Code Authority a price list for all products of the Industry 

sold or offered for sale by him, together with the discounts and 

transportation allowances, _if any, allowed therefrom, and fixed 

terms of payment, which price lists shall fully and accurately describe each product. Revised price lists, revised discount , or terms 

and conditions of sale, may be filed and published :from time to tim.e 

thereafter by any member of the Industry; provided, however, that 

such revision shall be published and filed with the Code Authority 

ten days in advance of the effective date thereo:f. Copies of all prico 

lists and revised price lists and discounts, with notice of effective 

date specified, shall be sent immediately by the Code Authority to 

all known members of the Industry, who, thereupon, may file, if 

they so desire, revisions of their price li ts and/ or discount , which 

may become effective upon the date when the revised price li,~t or 

discount , first filed, hall go into effect. No member of the Industry shall sell or offer for sale, any product 

of the Industry at prices lower than the prices noted in his price 

Ji. t or on more fa -vorable term or conditions of sale than the terms 

or conditions of the sale previously published and filed by such 

memb0 r with the Code Authority in accordance with the foregoing 

provisions and in effect at the time of such sale. 

12. False l nvoices.-The making of any false invoice with the 

intent or with the effect of n1isleading any interested party. 

13. Oonsign1nent.-The sale or offering of any products of the 

Indu -try on consignment except by conditions as prescribed by the 

Code Authority. 

14. Standard T e1'1ns of Oash Discount.-On and after the effective 

elate of the terms for cash granted by manufacturers excluding export trade, shall not exceed : 

Trade Sale Accounts-2% for cash in 10 day -net 60 days 

Bulk Sales Accounts-11/l for cash in 10 days-net 30 clays 

except that the discount to trade ales accounts may be extended to 

the 10th day of the month following purchase. It is provided, however, thnt exception may be made in sales to charitable and nontaxpaying institutions, schools, hospitals, and religious institutions. 

15. Other Practices.-N othing in this Code sliall limit. the effect of 

any adjudication by the Courts or holding by the Federal Trade 

Commission or complaint, finding, and order, that any practice or 

method i nnfair, providing that such adjudication or holding is not 

inconsistent with any provi ·ion of the Act or of this Code. 

ARTICLE IX-1\tiomFrcATION 

1. This Code an l all the proYi ions hereof are expre ly made sub- ject to the right of the Presi lent, in accordance with the provisions 
392 

of subsection (b) of Section 10 of the Act, from tin1e to time, to 

cancel or modify any order, approval, license> rule, or regulation 

issued under Title I of said Act and specifically, but "V?ithout limitation, to the right of the Pre ident to cancel or modify his approval 

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

thereof. 

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

modified on the ba is of experience or change in circum tance , uch 

modification to be ba eel upon recommendation of the Code Authority to the President and such notice and hearing a he hall ~.pecify, 

and to become effective upon his approval. 

ARTICLE X-MONOPOLIES, ETC. 

No provision of this Code ·hall be so applied as to perm.it monopolies or monopoli tic practice , or to eliminate, oppress, or discriminate again t ·mall enterprises. 

ARTI LE XI-PRICE lNCREA 'E 

Whereas the policy of the Act to increase purcha ing power will 

be made impos ible of consummation if prices of good and ervices 

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

should be delayed and that, when made the same hould o far as 

reasonable, be limited to actual increase in the seller co 

ARTICLE XII-EFFECTIYE DATE 

The provision of this Code shall become ffective ten (10) days 

after its appro-, al by the President. 

ApproYed Code No. 22'4. 

Regi try o. 625-02. 

.. 

0 

UNIVERSITY OF FLORIDA 

II I II IIIIII Ill Ill lllll lllll II llll 1111111111111111111111111111111 

3 1262 08850 4955