V Approved Code No. 84 — Supplement No. 29 Registry No. 1318—05 NATIONAL RECOVERY ADMINISTRATION SUPPLEMENTARY CODE OF FAIR COMPETITION FOR THE WASHING MACHINE PARTS MANUFACTURING INDUSTRY (A Division of the Fabricated Metal Products Manufacturing and Metal Finishing and Metal Coating Industry) AS APPROVED ON MAY 17, 1934 UNIV. Of FL U§." rxttuygNTSDgre 00 * ..i. OtE£ u.s. Dzpomrom UNITED STATES GOVERNMENT PRINTING OFFICE WASHINGTON: 1934 For sale by the Superintendent of Documents, Washington, D.C. Price 5 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 Foreign and Domestic Commerce. DISTRICT OFFICES OF THE DEPARTMENT OF COMMERCE Atlanta. Ga. : 004 Post Office Building. Birmingham, Ala. : 257 Federal Building. Boston, Mass. : 1S01 Customhouse. Buffalo, N.Y. : Chamber of Commerce Building. Charleston, S.C. : Chamber of Commerce Building. 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Approved Code No. 84 — Supplement No. 29 SUPPLEMENTARY CODE OF FAIR COMPETITION FOR THE WASHING MACHINE PARTS MANUFACTURING INDUSTRY As Approved on May 17, 1934 ORDER Approving Supplementary Code of Fair Competition for thb Washing Machine Parts Manufacturing Industry a division of the fabricated metal products manufacturing and metal finishing and metal coating 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, and in accordance with the provisions of Section I of Article VI of the Basic Code for the Fabricated Metal Products Manufacturing and Metal Finishing and Metal Coating Industry, approved November 2, 1933, for approval of a Supplementary Code of Fair Competition for the Washing Machine Parts Manufacturing Industry, and hearing having been duly held thereon ; and the annexed report on said Supplementary 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 authority vested in me by Executive Orders of the President, including Executive Order No. C543-A, dated December 30, 1933, and otherwise; do hereby incorporate by reference said annexed report and do find that said Supplementary 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 Supplementary Code of Fair Competition be and it is hereby approved; provided, however, that the provisions of Article V, Paragraph A, insofar as they provide that any existing price list shall remain in effect for a period of five (5) days following the filing of a revised price list, be and they hereby are stayed pending my further Order. Hugh S. Johnson, Administrator for Industrial Recovery. Approval recommended : A. R. Glancy, D ivision A dminis trat or. Washington, D.C., May 111, 1931 59661° 544-97 34 (1) REPORT TO THE PRESIDENT The President, The White House. Sir : This is a report on the Supplementary Code of Fair Compe- tition for the Washing Machine Parts Manufacturing Industry, a division of the Fabricated Metal Products Manufacturing and Metal Finishing and Metal Coating Industry, the hearing having been con- ducted thereon in Washington, D.C., December 19, 1933, in accord- ance with the provisions of Title I of the National Industrial Recovery Act. GENERAL STATEMENT The Washing Machine Parts Manufacturing Industry, being truly representative of this division of the Fabricated Metal Products Manufacturing and Metal Finishing and Metal Coating Industry, has elected to avail itself of the option of submitting a Supple- mentary Code of Fair Competition, as provided for in Section 1 of Article VI of the Basic Code, for the Fabricated Metal Products Manufacturing and Metal Finishing and Metal Coating Industry approved by you on the second day of November, 1933. RESUME OF THE CODE Article I states the purpose of the Supplementary Code. Article II accurately defines specific terms employed in the Sup- plementary Code. Article III : This Industry is a division of the Fabricated Metal Products Manufacturing and Metal Finishing and Metal Coating Industry and the labor provisions of its Basic Code, as approved November 2, 1933, are the labor provisions of this Supplementary Code. Article IV establishes a Supplementary Code Authority consist- ing of three members to be elected by the Industry, and gives the Administrator the authority to appoint one additional member without vote and provides machinery for obtaining statistics and the administration of the Supplementary Code. Article V. sets forth the unfair trade practices of this Supple- mentary Code which has been especially designed to offset unfair competition in this division of the Industry. Article VI contains the mandatory provisions contained in Sec- tion 10 (b) and also provides for the submission of proposed amend- ments to the Supplementary Code. Article VII provides against monopolies and monopolistic prac- tices, and recognizes that price increases be limited to actual addi- tional increase in the seller's costs. Article VIII states the effective date and duration of this Supple- mentary Code. (2) FINDINGS The Deputy Administrator in his final report to me on said Supplementary Code having found as herein set forth and on the basis of all the proceedings in this matter: I find that : (a) Said Supplementary Code is well designed to promote the policies and purposes of Title I of the National Industrial Recovery Act, including 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 b}^ promoting the organiza- tion of industry for the purposes of cooperative action among the trade groups, by inducing and maintaining united action of labor and management under adequate governmental sanctions and su- pervision, 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) Said Industry normally employs not more than 50,000 em- ployees; and is not classified by me as a major industry. (c) The Supplementary Code as approved complies in all re- spects with the pertinent provisions of said Title of said Act, includ- ing without limitation Subsection (a) of Section 3, Subsection (a) of Section 7, and Subsection (b) of Section 10 thereof; and that the applicant group is an industrial group truly representative of the aforesaid Industry; and that said association imposes no inequitable restrictions on admission to membership therein. (d) The Supplementary Code is not designed to and will not per- mit monopolies or monopolistic practices. (e) The Supplementary Code is not designed to and will not eliminate or oppress small enterprises and will not operate to discriminate against them. (f) Those engaged in other steps of the economic process have not been deprived of the right to be heard prior to approval of said Supplementary Code. For these reasons, therefore, I have approved this Supplementary Code. Respectfully, Hugh S. Johnson, A dviinis trator. Mat 17, 1934. SUPPLEMENTARY CODE OF FAIR COMPETITION FOR THE WASHING MACHINE PARTS MANUFACTURING INDUSTRY A DIVISION OF THE FABRICATED METAL PRODUCTS MANUFACTURING AND METAL FINISHING AND METAL COATING INDUSTRY Article I — Purposes To effectuate the policy of Title I of the National Industrial Re- covery Act, the following provisions are established as a Supplemen- tary Code of Fair Competition for the Washing Machine Parts Manufacturing Industry, pursuant to Article VI of the Basic Code of Fair Competition for the Fabricated Metal Products Manufac- turing and Metal Finishing and Metal Coating Industry approved by the President of the United States on the second day of Novem- ber 1933, and the provisions of this Supplementary Code shall be the standards of Fair Competition for such Industry and shall be binding upon every member thereof. Article II — Definitions The term " Washing Machine Parts Manufacturing Industry ", hereinafter referred to as the Industry, is defined to mean the manu- facture for sale of black iron (unfinished) and of enameled tubs and other enameled parts of Washing machines, except wringers. The term " member of the Industry ", as used herein, includes, but without limitation, any individual, partnership, association, corpora- tion, or other form of enterprise engaged in the Industry either as an employer or on his or its own behalf. 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 Adminis- trator for Industrial Recovery under Title I of said Act. The term " Basic Code ", as used herein, is defined to mean the Basic Code of Fair Competition for the Fabricated Metal Products Manufacturing and Metal Finishing and Metal Coating Industry, as approved by the President on the second day of November 1933. The term " Basic Code Authority ", as used herein, is defined to mean the Executive Committee of the Fabricated Metal Products Federation. The term " Council ", as used herein, is defined to mean the Wash- ing Machine Parts Manufacturers' Council, or its successor. The term " Supplementary Code Authority ", as used herein, is defined to mean the agency which is to administer this Supplementary Code, as hereinafter provided. (4) The term " Duly Authorized Agent " or "Agent " of the Supple- mentary Code Authority, as used herein, is defined to mean the com- missioner of the Washing Machine Parts Manufacturers' Council, or his successor in office, or such other person as the Supplementary Code Authority may designate. Said Agent, in order to qualify as such, shall be entirely free from any interest in or connection with any compan}' engaged in the manufacture or sale of the products of the Industry. The term " Federation ", as used herein, is defined to mean the Fabricated Metal Products Federation or its successor. Article III — Employment Provisions This Industry is a division of the Fabricated Metal Products Manufacturing and Metal Finishing and Metal Coating Industry and, without limitation, the wage, hour and labor provisions in Ar- ticle III of its Basic Code as approved by the President on Novem- ber 2, 1933, including Section 1 of said Article III by which the provisions of Subsections (1), (2) and (3) of Section 7 (a) of Title I of the Act are made conditions of the Code, are specifically incor- porated herein and made a part hereof as the wage, hour and labor provisions of this Supplementary Code. Article IV — Organization and Administration Section 1. During the period not to exceed sixty (60) days fol- lowing the effective date, the duly authorized agent shall constitute a temporary Supplementary Code Authority until the Supple- mentary Code Authority, consisting of three (3) members, is elected by the members of the Industry assenting to this Supplementary Code, as hereinafter provided, at a meeting called by the temporary Supplementary Code Authority upon ten (10) days' notice sent by registered mail to all members of the Industry whose names may be ascertained after a diligent search, who may vote either in person or by proxy. The members of the Supplementary Code Authority shall serve for a period of one year from the date of their election, and subsequent elections shall be on the same basis as above pro- vided. Immediately after the annual election of said Supplementary Code Authority, the members therein shall appoint a duly authorized agent to administer the provisions of this Supplementary Code. The members of the Supplementary Code Authority shall be elected in the following manner: 1. One member, who shall be a member of the Industry, not a member of the Council (provided there are such members of the Industry who are not members of the Council), to be elected by a majority vote of the qualified members of the Industry who are not members of the Council present in person or by proxy, each mem- ber to have one vote. Such one member to be nominated by the members of the Industry who are not members of the Council. 2. Two members, who are members of the Industry and members of the Council, to be elected by a majority vote of the qualified mem- bers of the Industry, who are members of the Council, present in 6 person or by proxy, each member to have one vote. Such two members to be nominated by the members of the Council. 3. A vacancy in the membership of the Supplementary Code Authority may be filled by a majority vote of the remaining mem- bers of the Supplementary Code Authority. The member of the Supplementary Code Authority who is chosen to fill such vacancy shall be elected from the class of membership in which the vacancy has occurred. 4. In addition thereto the Administrator may appoint a member of the Supplementary Code Authority without vote. The repre- sentative who may be appointed by the Administrator shall be given reasonable notice of, and may sit at all meetings of the Supplementary Code Authority. Section 2. The Trade Association directly or indirectly partici- pating in the selection or activities of the Supplementary Code Authority shall 1. Impose no inequitable restrictions on admission to membership. 2. Submit to the Administrator true copies of their Articles of Association, By-Laws, Regulations and any Amendments when made thereto, together with such other information as to membership, organization, and activities as the Administrator may deem necessary to effectuate the purpose of the Act. Section 3. In order that the Supplementary Code Authority shall at all times be truly representative of the Industry, and in other respects comply with the provisions of the Act, the Administrator may prescribe such hearings as he may deem proper; and thereafter if he shall find that the Supplementary Code Authority or its agent is not truly representative, or does not in other respects comply with the provisions of the Act, may require an appropriate modification of the method of selection of the Supplementary Code Authority. Section 4. (1) It being found necessary to support the Adminis- tration of this Supplementary Code, in order to effectuate the policy of the Act and to maintain the standards of fair competition estab- lished hereunder, the Supplementary Code Authority is authorized : (a) To incur such reasonable obligations as are necessary and proper for the foregoing purposes and to meet such obligations out of funds which shall be held in trust for the purposes of the Sup- plementary Code and raised as hereinafter provided ; (b) To submit 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 expenses for the foregoing purposes, and 2. An equitable basis upon which the funds necessary to support such budget shall be contributed by all members of the Industry entitled to the benefits accruing from the maintenance of such stand- ards, and the administration thereof; (c) After such budget and basis of contribution have been approved by the Administrator, to determine and collect equitable contribu- tions as above set forth, and to that end, if necessary, to institute legal proceedings therefor in its own name. (2) Each member of the trade/industry shall be liable for his or its equitable contribution to the expenses of the maintenance of the Supplementary Code Authority as hereinabove provided. Only members of the trade/industry complying with the Supplementary Code and making such contribution shall be entitled to participate in the selection of the members of the Supplementary Code Author- ity or to receive the benefits of its voluntary activities or to make use of any N.B..A. insignia. Section 5. The Supplementary Code Authority shall have the following further powers and duties : (a) To insure the execution of the provisions of this Supplemen- tary Code. (b) To obtain from the members of the Industry such informa- tion and reports as the Supplementary Code Authority may require for the administration of this Supplementary Code, and to provide for submission to the Administrator by members of the industry of such information and reports as may be necessary for the purposes recited in Section 3 (a) of the Act; provided that nothing in this Supplemental Code shall relieve any members of the Industry of any existing obligations to furnish reports to any Government agency. No individual reports shall be disclosed to any members of the Industry or to anyone other than the Administrator or his duly authorized representative, and as hereinafter provided. (c) To use such agencies as it deems proper for the carrying out of any of the activities provided for herein; provided that nothing herein shall relieve the Supplementary Code Authority of its duties or responsibilities under this Supplementary Code, and that such agencies shall at all times be subject to and comply with the provi- sions hereof. (d) To make recommendations to the Administrator for the coor- dination of the administration of this Supplementary Code with such other codes, if any, as may be related to the Industry. (e) To cooperate with the Administrator in regulating the use of any N.R.A. insignia solely by those members of the Industry who have assented to and are complying with this Supplementary Code. (f) To furnish from time to time to the Basic Code Authority designated in said Basic Code such information as may be required to be furnished under the terms of the Basic Code. Section 6. To the extent permitted by the Act, and pursuant to such rules and regulations as the Administrator may prescribe, any and all information furnished to the Supplemental^ Code Authority by any members of the Industry pursuant to the provisions of the Supplementary Code, shall be subject to verification by an impartial agent appointed by the Supplementary Code Authority, and each member of the Industry shall furnish to such impartial agent so much of his pertinent books, accounts and records as may be required to verify the accuracy of the information submitted. Section 7. Every employer shall provide for the safety and health of employees during the hours and at the place of their employ- ment. Standards for safety and health shall be submitted by the Code Authority to the Administrator within six (G) months after the effective date of the Supplementary Code. Section 8. Complaints made by members of the Industry to the agent of the Supplementary Code Authority of alleged violations of any of the provisions of this Supplementary Code, shall be in writing. 8 In the event of a complaint being registered against any corporate member of the Industry alleging violation of this Supplementary Code, the Supplementary Code Authority may cause an investiga- tion to be made by a person mutually agreed upon by the Supple- mentary Code Authority and the member of the Industry against whom the complaint is filed, or if they are unable to agree within a reasonable time, by a disinterested person appointed by the Admin- istrator upon request by the Supplementary Code Authority. The Supplementary Code Authority may require the member complained against to file with such investigator within such reasonable time after receipt of a cop} r of the complaint as the Supplementary Code- Authority shall determine, an answer to such complaint accompanied by supporting data. Both answer and data shall be verified by affidavit. The investigator may examine so much of the pertinent books and records of such member as may be required to verify the statements contained in said answer and/or the accuracy of the data supporting such statements. If the matter cannot thereafter be satisfactorily adjusted within the Industry, the facts may be placed before Basic Code Authority to be presented to the Administrator for such procedure as he may deem advisable under the Act. Section 9. The Supplementary Code Authority shall not be liable in any manner to anyone for any act of any agent or employee of the Supplementary Code Authority, nor shall the Supplementary Code Authoritjr or its duly authorized Agent, exercising reasonable diligence in the conduct of their duties hereunder, be liable to anyone for any action or omission to act under this Supplementary Code, except for their own wilful malfeasance or non-feasance. Section 10. If the Administrator shall determine that any action of a Code Authority or 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 for the 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 dis- approve after thirty days' notice to him of intention to proceed with such action in the original or modified form. Section 11. After a six (G) months trial period, in case any provision of the Supplementary Code shall impose an unusual or undue hardship on any member of the Industry, such provision may be suspended, for review, for a period of sixty (GO) days by the Supplementary Code Authority, with the approval of the Adminis- trator. After the review, hearings may be held by the Administrator to modify the provision in question. Article V — Rules of Fair Competition in Manufacturing and Marketing (Superseding all Trade Practices set forth in Article V of the Basic Code) Any member of the Industry who shall directly or indirectly through any officer, employee, agent, or representative, fail to com- ply with *uy of the following rules of Fair Competition in Manu- facturing and Marketing shall be deemed to have violated this Sup- plementary Code. A. No products of the Industry, in whole or in part, shall be sold or exchanged at prices less than the seller's cost of such products; such cost to be based on a formula which shall be at least as detailed and complete as the formula to be prepared by the Supplementary Code Authority and approved by the Administrator ; provided, how- ever, that upon five days' notice to the agent of the Supplementary Code Authority any member of the Industry may sell below his cost in order that he may meet competitive prices on articles of similar style, grade, and/or specification filed in accordance with the provi- sions of this section. When the Supplementary Code Authority determines that an emergency exists in this Industry and that the cause thereof is de- structive price-cutting such as to render ineffective or seriously en- danger the maintenance of the provisions of this Supplementary Code, the Supplementary Code Authority may cause to be deter- mined the lowest reasonable cost of the products of this Industry, such determination to be subject to such notice and hearing as the Administrator may require. The Administrator may approve, dis- approve, or modify the determination. Thereafter, during the pe- riod of the emergency, it shall be an unfair trade practice for any member of the Industry to sell or offer to sell any products of the Industry for which the lowest reasonable cost has been determined at such prices or upon such terms or conditions of sale that the buyer will pay less therefor than the lowest reasonable cost of such prod- ucts. When it appears that conditions have changed, the Supplementary Code Authority, upon its own initiative or upon the request of any interested party, shall cause the determination to be reviewed. All members of the Industrjr shall, within ten (10) days after the effective date of this Supplementary Code, publish for the benefit of all interested parties and file with the agent of the Supplementary Code Authority price lists setting forth the prices, terms, and other conditions at which they will sell the products of the Industry. Said price lists and all revisions thereof shall be made available to all interested parties. Each manufacturer's existing price list shall remain in effect for a period of five (5) days following the filing of a revised price list and upon the filing of such revised list by any member of the In- dustry, the agent of the Supplementary Code Authority shall imme- diately furnish copies of such revised list to all other members of the Industry. Any other member or members of the Industry desiring to file revised lists to become effective on the same date may do so provided that the prices set out in such revised lists are not lower than those in the first revised list filed and that they are filed prior to said effective date. When filing price lists, as set forth in this Section A, a sufficient number of lists shall be furnished to the agent of the Supplementary Code Authority to enable it to supply a copy to each member of the Industry, and in addition thereto six (6) copies for the use of tho agent of the Supplementary Code Authority. 1 1 Sec paragraph. 2 of order approving this Code. 10 B. Withholding from, or inserting in, any invoice a false record, wholly or in part, of the transaction represented on the face thereof, and the payment or allowance of secret rebates, secret refunds, secret credits, unearned discounts (whether in the form of money or other- wise) or the extension to certain purchasers of prices, services, or privileges not extended to all purchasers under like conditions, are unfair trade practices. C. To defame or disparage a competitor, directly or indirectly, by words or acts which untruthfully impugn his business integrity, his ability to keep his contracts, his credit standing, or the quality of his products, is an unfair trade practice. D. To imitate or simulate the trade mark, trade name, package, wrapper, or label of a competitor's product to such a degree as to deceive or have a tendency to deceive customers, is an unfair trade practice. E. To give, permit to be given, or directly offer to give, anything of value for the purpose of influencing or rewarding the action of any employee, agent or representative of another in relation to the business of the employer of such employee, the principal of such agent or the represented party, without the knowledge of such em- E lover, principal or party is an unfair trade practice. Provided, owever, that nothing in this Section contained shall be so con- strued as to prohibit free and general distribution of articles com- monly used for advertising, except so far as such articles are actually used for commercial bribery as hereinabove defined. F. The false marking or branding of any product of the Industry which has the tendency to mislead or deceive customers or prospec- tive customers, whether as to the grade, quality, quantity, substance, character, nature, origin, size, finish, or preparation of any product of the Industry or otherwise, is an unfair trade practice. G. The making or causing or knowingly permitting to be made or published any false, materially inaccurate or deceptive statement, by way of advertisement or otherwise, whether concerning the grade, quality, quantity, substance, character, nature, origin, size, finish, or preparation of any product of the Industry or the credit terms, values, policies, or services of any member of the Industry, or otherwise, having the tendency or capacity to mislead or deceive customers or prospective customers, is an unfair trade practice. H. All members of the Industry, when selling on a time-con- tract basis, shall use a standard form of sales contract which shall include maximum and minimum quantities, definite terms of time coverage, adequate description of the product, and all other items necessary to form a complete, unambiguous agreement between the seller and buyer; said standard form of sales contract to be subject to the approval of the Administrator. I. All members of the Industry shall confirm to prospective buy- ers in writing all verbal contractual quotations within five (5) days so that definite evidence of such quotations may be on record, and such confirmations must embody all terms and consideration of the proposal. No additional verbal understanding shall be entered into. 11 J. Inducing, or attempting to induce, the breach of any contract between a competitor and his customer, or the repudiation of con- tracts, or the acceptance of repudiations of contracts, are unfair trade practices. K. Shipping goods on consignment is an unfair trade practice. The term " consignment " as used in this section, means the supply- ing of goods to a consignee for sale or use by the consignee under any contract, agreement, or understanding whereby title to the goods remains in the consignor until such time as they are with- drawn from the consigned stock and/or sold or used by the con- signee, and under which no liability for the purchase price of said goods arises on the part of the consignee until such withdrawal and/or sale or use by him. L. The standard terms of payment of the Industry shall not be more favorable to the purchaser than the payment of the net amount of the invoice within thirty (30) days from date of invoice and with the date of invoice not later than the date of shipment; provided, however, that in cases where it would be to the mutual advantage of buyer and seller to accumulate invoices, such invoices rendered during any month may all be paid on the fifteenth (15th) day of the following month. Interest at the rate of six (6) per cent per annum shall be charged on the face amount of all invoices on and after the due date thereof. There shall be no deferred dating. M. The giving of any guarantee against decline in price, except as against the seller's own decline up to date of shipment, is an unfair trade practice. N. On and after the effective date, all tools and dies made for any customer by members of the Industry shall be charged for at prices not less than allowable cost, and allowable cost shall be figured in accordance with the standard cost formula referred to in Section A of Article V hereof. Such tools and dies shall be billed and paid for according to the regular terms, set forth in Section L of Article V hereof, and while all such tools and dies shall remain the property of customers, they shall not be used for the manufacture of products of the Industry for other customers without the written permission of the owners. Article VI- — Modifications Section 1. This Supplementary Code and all the provisions thereof are expressly made subject to the right of the President, in accord- ance with the provisions of sub-section (b) of Section 10 of the Act, from time to time to cancel or modify any order, approval, license, rule, or regulation issued under said Act. Section k 2. This Supplementary Code, except as to provisions re- quired by the Act, may be modified and/or amended on the basis of experience or changes in circumstances, such modifications and/or amendments to be based upon application by the Supplementary Code Authority or other representative group within the Industry to the Administrator and such notice and hearing as he shall specify and to become effective as part of this Supplementary Code on approval by the President and/or the Administrator. 12 Article VII — Monopolies Section 1. No provision of this Supplementary Code shall be so applied as to permit monopolies or monopolistic practices, or to eliminate, oppress, or discriminate against small enterprises. Section 2. Whereas the policy of the Act to increase real purchas- ing power will be made more difficult of consummation if prices of goods and services increase as rapidly 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 VIII — Effective Date and Duration This Supplementary Code shall become effective at 12 : 01 o'clock A.M. on the tenth day after it is approved by the President and shall continue in effect until Jane 16, 1935, or the earliest date prior thereto on which the President shall, by proclamation, or the Congress shall, by joint resolution, declare that the emergency recognized by Section 1 of the National Industrial Recovery Act has ended. Approved Code No. 84 — Supplement No. 29. Registry No. 1318-05. O UNIVERSITY OF FLORIDA 3 1262 08583 0866