Executive Order 6455—Code of Fair Competition for the Reinforcing Materials Fabricating 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 my approval of a Code of Fair Competition for the Reinforcing Materials Fabricating Industry, and hearings having been held thereon and the Administrator having rendered his report containing an analysis of the said code of fair competition together with his recommendations and findings with respect thereto, and the Administrator having found that the said code of fair competition complies in all respects with the pertinent provisions of title I of said act and that the requirements of clauses (1) and (2) of subsection (a) of section 3 of the said act have been met: Now, Therefore, I, Franklin D. Roosevelt , President of the United States, pursuant to the authority vested in me by title I of the National Industrial Recovery Act, approved June 16, 1933, and otherwise, do approve the report and recommendations and adopt the findings of the Administrator and do order that the said code of fair competition be and it is hereby approved, provided that the following bo added as section 8 of article V of the code. "The board of directors shall have the powers and duties elsewhere provided in this code, subject to the right of the Administrator, on review, to disapprove or modify any action taken by the board of directors." FRANKLIN D. ROOSEVELT Approval recommended: Hugh S. Johnson. Administrator. The White House, November 27, 1933.