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administration. Such reasonable share of the expenses of administration
shall be determined by the Code Authority subject to review by the Admin-
i-strator on the basis of volume of business and/or such other factors
as may be deemed equitable."t

 Article VII.- N. R. A. Labels Section. reads "All merchandise
manufactured subject ot the provisions of this codeo shall bear an N. '. A.
label, or authorized substitute therefore, to symbolize to purchasers of
said merchandise the conditions under which it has been mnnufoctured. "

 Section 4 of the same article states in part thift: "Any and all
members of the industry may apply to the Code Authority for n permit to
purchase and use such N. R. A labels, which permit shall be granted to
them, but only if, and so lom, as, they comply with this Code."

 Section 6 of the same article provides: "The Charge made for labels
by the Code Authority hall at all times be subject to supervision and
orders of the Administrator and shall be not more than an amount nec-
essary to cover the actual reasonable cost thereof, including actual print-
ing distribution administration and sirvervision of the use thereof as
herein above set forth".

 Thus leaving financing of Code Authority activities somewhat indef-
inite, hence there was approved July 3, 1934 Amendment No. 1 to the approv-
ed Code providing for mandatory collection of assessments for finmancing
purposes. Order N,'. 333-13 approved. by Sol A. Rosenblatt, Division
Administrator, Hugh S. Johnson, Administrator.

 First financing was by small loans from individual members of the
COde Authorityr.. Money so raised served to pai the small costs of temporary
quarters but did not suffice for salaries so that employees worked fo. 
some considerable time before being paid. Later a temporary bank bjan was
arranged which served until revenue from assessments and labels came in.
From that point the Authority was always solvent aaid operating under reason
able costs.

 Three budgets were submitted. The first was approved but stayed, the
second a revision of the first, covering one ye,'r frnm I.arch 26, 1934 to
March .', 1935. The' third for one year from March :6, 1D35 to March 25,
1936. Of the last submitted, but a portion covering the period from
March 26, 1935 to June 16, 1935 was approved, and subject to an extension
of the Code by operation of the law, conditionally a'ipr-ved from June 17,
1935 te March 25, 1936.

Period of
Budget s Amount Date Approved Order iTo,
1. 3/26/34 $140,180.00 May 28,19Z4! 333-8
 to Stayed -
 3/26/35 June 9, 1934 333-11

2. 3/26/34 133,540.'0 July 16, 1974 333-14
 to (Resubmitted)
 3/26/3-5


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