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Approved Code No. 237-Amendment No. 3 Registry No. 1201-1-02 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

ALLOY CASTING INDUSTRY 

AS APPROVED ON SEPTEMBER 27, 1934 

WE DO OUR PART 

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UNITED ST A TES 

GOVERN MEN T PRINTING OFFICE 

WASHINGTON : 1934 

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Approved Code No. 237-Amendmeni No. 3 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

ALLOY CASTING INDUSTRY 

As Approved on September 27, 1934 

ORDER 

APPROVING AMENDME TT TO CODE OF FAIR COMPETITION FOR THE 

ALLOY CASTING INDUSTRY 

An application having been dulv made pursuant to and in :full 

compliance with the provisions of Title I o:f the National Industrial 

Recovery Act, approved June 16, 1933, :for approval of an amendment to a Code of Fair Competition for the Alloy Casting Industry, 

and opportunity to be heard thereon having been duly noticed to all 

interested partie , and the annexed report on aid amendment containing findings with re pect thereto ha, ing been made and directed 

to the President: 

NO"T THEREFORE, on behalf of the Pre ident of the United 

States, I , Hugh S. John on, Administrator for Indu trial Recovery, 

pursuant to authority vested in me by Executive Order of the Pre ident, 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 a constituted after being amended comply in all re pects 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 hereby approved, and that the previous approval of said Code 

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

as amended, such approval and such amendment to take effect ten 

(10) days from the date hereof, unless good cause to the contrary is 

shown to the Administrator before that time and the Administrator 

issues a sub equent order to that effect. 

Approval recommended: 

BARTON ,v. MURRAY 

H arr S. J orr soN, 

Ad1'ninistrator for I ndustrial R ecovery. 

Division Administrator. 

WASHINGTON, D .. , Septem,ber ~7, 1934. 

88402°-11s1-12a-a4 (1) 
REPORT TO THE PRESIDENT 

The PRESIDE.i.'l"T, 

The White House. 

Srn: This is a repo.rt on an amendment to the Code of Fair Competition for the Alloy Casting Industry, the Code having been 

a pp roved by my Order of January 30, 1934. 

Notice of opportunity to be heard on this amendment was duly 

po ted to all intere ted parties providing an opportunity to file 

objections, and no objections were received during this period. 

The Code is amended to liberalize the credit terms now provided 

for in the Code. 

FINDINGS 

The Assistant Deputy Administrator in his final report to me 

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

&nd 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 prmnote 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 diminish the amount thereof, and will provide for the general welfare by promoting the organization of industry for the purpose of 

cooperative 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 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 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 sub-section (a) of Section 3, sub-section (a) of Section 7 and 

sub- ection (b) of Section 10 thereof. 

( c) The amendment 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 d igned 

to and will not eliminate or oppress small enterprises and will not 

operate to discriminate against them. 

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

been d prived of the right to be heard prior to approval of aid 

am,endment. 

For th e rea ons, ther fore, I have approved this am ndmcmt, such 

am ndm nt to take effect ten (10) day from the date hereof, unless 

o-ood au e to the contrary is shown and I issue subsequent order 

to that ffect. 

R pectfully, 

SEPTEMBER 27, 1934. 

(2) 

H OH s. JOHN O , 

Ad1ninistr tor. 
A11END11ENT TO CODE OF FAIR COMPETITION FOR 

THE LLOY CA TI G I D TRY 

Delete rticle VI, tion 1, uh-section (k) and sub titute iTu 

lieu th€reof the following: 

(k) The giving of terms more favorable than net thirty day 

from date of hipment. A di count of 1⁄2 of 1 o/£ may be allowed on 

all invoice dated from the first to the fifteenth day of a month providing payment i made by the twenty-fifth day of the same month 

and a di count of 1⁄2 of 1 % may be allowed on in-voices dat~d fro1n 

the ixteenth through th€ la t day of a month providing payment 

is made by the tenth day of the following month. 

Approved Code 1 0 . 237-Amendment o. 3. 

Regi try o. 1201-1-02. 

(3) 

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