Executive Order 6450—Code of Fair Competition for the Precious Jewelry Producing 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 Precious Jewelry Producing 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 adopt and approve the report, recommendations, and findings of the Administrator and do order that the said code of fair competition be and is hereby approved, subject to the following condition:

That the application of the provision of section 1, article III to the Manufacturers and Distributors of Jewelry for Schools, Colleges, Fraternities and other Educational Institutions, insofar as such section provides for the payment of time and one third for all hours over 40 per week worked by employees to whom such provision applies, shall be stayed until 90 days after the effective date of this code, at which time such provision shall become effective and have the same force and effect as any other provision of the code.

FRANKLIN D. ROOSEVELT,
President.

Approval recommended:
     Hugh S. Johnson.
          Administrator.

The White House,
November 27, 1933.