NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO SUPPLEMENTARY 

CODE OF FAIR COMPETITION 

FOR THE 

o. 912-11 

FUR WHOLESALING AND 

DISTRIBUTING TRADE 

(A Division of the Wholesaling or Distributing Trade) 

AS APPROVED ON OCTOBER 27, 1934 

WE DO OUR PART 

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UNITED STATES 

GOVER MENT PRINTING OFFICE 

WASmNGTON: 1934 

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pproved Code ro. 201K- mendrnent o. 1 

AMENDME T TO SUPPLEMENTARY CODE OF FAIR 

COMPETITION 

FOR THE 

FUR WHOLESALING AND DISTRIBUTING TRADE 

As Approved on October 27, 1934 

ORDER 

ArPRonxa A:orENDl\IENT OF S PPLEl\IENT.ARY ODE OF FAIR Co rPETITIO ... - FOR THE F WHOLES.ALL-a A.r n Dr Tnrn TING TRADE 

A DITI IQ ... ,.. OF THE WHOLE ALI TG OR DI TRIB TING TRADE 

pproval r omm n 1 d : 

R BERT L. H T .l. 

Dim· ·on 

, Am ... T ... T D. . 

Octob r f7 1934. 

94045°-1244-110--34 (1) 

RY Bo~\Rn, 

e Officer. 
REPORT TO THE PRESIDENT 

The PRE IDENT, 

The White House. 

Sm: The Order approving the Supplementary Code of Fair Competition for the Fur vVholesaling and Distributing Trade stayed the 

application of Section 1 and Section 2 of Article VII of said Supplementary Code, pending further study and investigation of the probable effects of such provisions on the established practices and 

marketing needs of the Trade and recommendations of the Divisional 

Code Authority. Subsequent to the approval of said Supplementary 

Code, the Divisional Code Authority has conducted investigations 

on the subj ect and has submitted to the National Industrial Recovery 

Board for approval an amendment of said Section 1 of Article VII. 

A public hearing on this amendment was held on September 25, 1934 

at 1: 00 P. M. in Room 2062, Department of Commerce Building, ,v ashington, D. C. No objections of any sort were offered to the 

amendment by members of this or any other Trade. 

The Deputy Administrator in his final report to the National Industrial Recovery Board on said amendment to said Supplementary 

Code having found as herein set forth and on the basis of all the 

proceedings in this matter; 

It finds that: 

(a) The amendment to said Supplementary Code and the Supplementary Code as amended are well designed to promote the policies 

and purposes of Title I of the National Industrial Recovery Act 

including the removal of obstructions to the free flow of interstate 

and foreign commerce which tend to dim.inish 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 inducing and maintaining united action of labor 

and management under adequate governmental sanction and supervision, by eliminating unfair competitive practices, by promoting the 

fullest possible utilization of the present productive capacity of the 

industries, by avoiding undue restriction of production, ( except as 

may be temporarily required), by increasing the consumption of industrial and agricultural products through increasing purchasing 

power, by reducing and relieving unemployment, by improving standards of labor, and by otherwi e rehabilitating industry. 

(b) The Supplementary 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, sub ection (a) of 

Section 7, and subsection (b) of Section 10 ther of. 

( c) The Supplementary Code empowers the Divisional Code Authority to pre ent the aforesaid amendment on behalf of the Industry 

as a whole. 

(2) 
3 

u1 pl m ntary de a an end d are 

p nnit m n p Ii s or m nop Ii tic 

ther fore it ha appr v l the amen lment. 

ational Industrial Recovery Board: 

0 BER 27, 1934. 

G. A. LY CH, 

Adm,inistrative Offece1·. 
AMEND~1ENT TO SUPPLEMENTARY CODE OF FAIR 

COMPETITION FOR THE FUR WHOLESALING AND 

DISTRIBUTING TRADE 

A DIVISION OF THE w HOLESALING OR DISTRIBUTING TRADE 

The Supplementary Code of Fair Competition for the Fur Wholesaling and Distributing Trade is hereby amended by omitting Section 1, Article VII, and substituting therefore the following: 

1. The maximum terms for sale of fur garments are as follows : 

eight per cent (8 % ), ten (10) days, e. o. m., six per cent (6%), ten 

(10) days, e. o. m., sixty (60) days extra; or net thereafter. Ship- ments after the twenty-ninth (29th) day of any month may be dated 

as of the first day of the following month. -

Approved Gode No. 201K- Amendment No. 1. 

Registry No. 912-11. 

(4) 

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