REPORT TO THE PRESIDENT


The PRESIDENT,
 The lWhite Homise.
 Sin: I have the honor to submit herewith an amendment to the
Code of Fair Competition for the Cotton Textile Industry. The
amendment, which is attached, was presented by the Code Authority.
 Notice of opportunity to file objections to this amendment was
given and no objections were received.
 The amendment provides that that portion of Section 2, relative
to employees in the Industry who are partially incapacitated by
reason df age and who shall receive not less than a stipulated amount
of the minimum wage in the Code, and further that such number of
employees shall not exceed a stipulated percentage of the total of
the number of employees in the plant, shall be stricken out, and that
the Executive Order of February 17, 1934 be inserted.
 FINDINGS

 The Deputy Administrator in his final report to me on said amend-
ment to said Code having found as herein set forth and on the basis
of all proceedings in this matter:
 I find that:
 (a) The amendment to said Code and the 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 obstruc-
tions to the free flow of interstate and foreign commerce which tend
to diminish the amount thereof, and will provide for the general wel-
fare 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 industries, by avoiding undue restriction of production
(except as may be temporarily required), by increasing the consump-
tion of industrial and agricultural products through increasing pur-
chasing power, by reducing and relieving unemployment, by im-
proving standards of labor, and by otherwise rehabilitating industry.
 (b) The Code as amerned complies in all respects with the
pertinent provisions of said Title of Said Act, including without
limitation Subsection (a) of Section 3, Subsection (a) of Section
7 and Subsection (b) of Section 10 thereof.
 (c) The Code Authority is empowered to present the aforesaid
amendment on behalf of the Industry as a whole.
 (d) The amendment and the Code as amended are not designed
to and will not permit monopolies or monopolistic practices.