REPORT TO THE PRESIDENT The PRESIDENT, * The White Howe. H I Sm: This is a report on the Hearing on the Code of Fair Compe- : tition for the Milk Filtering Materials and Dairy Products Cotton'.:... Wrappings Industry, held in BIoon 38204, Department qf o i[ Building, on February 1, 194. The Code whi6h is ticl . presented by duly qualified and authorized representitfies the. Industry, complying with statutory requirements said to represent ninety-three percent or more 'in vdhiilme'of the Industry. In accordance with the customary procedure every person who had filed a request for an appearance was freely heard i public, and all . statutory and regulatory requirements were complied with. THE INDUSTRY ' The Industry comprises 17 concerns, having an investment in 198 of $400,000. In 1929 the Industry provided employment 'fo '185 employees. This figure has increased to about 150 Workers in IS. Aggregate annual sales have increased from $450,000. in- 1929 about $500,000. in 1932. '. .. .: ,.+*. .... .... PROVISIONS OF THE DCOE -4 The Code provides for a minimum wage of 35 cents per hotr- 1t i hourly or weekly compensation shall be reduced because of aBq re- ductions in the number of hours of work per week and wage difa t entials existing prior to June 16, 1933, are to be maintained for *. employees receiving $35 or less per week. Hours of work for all employees are limited to 40 hours per *wd. and eight hours per day with the following exceptions: - Employees engaged exclusively in a supervisory capacity r.- : ceiving $35 per week or more and outside salesmen are not lin td .d as to hours, employees on emergency repair work are excepted ':irawi:.:: the maximum hour provisions but are to be paid time and one-thiri for all overtime work, watchmen are permitted to work not more than 56 hours per week. During any six weeks in any year employ- ees are permitted to work 48 hours per week, but not more than eight hours per day, provided that at least time and one-third shall be paid for all hours worked in excess of 40 hours per week. Representation on the Code Authority is provided for all mem- bers of the Industry. There are no highly restrictive provisions. The Code provides for an open price association in the Industry, but permits prices to be revised without a waiting period. (308)