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 'lT.TIOA. 0XV Y AD:I'I" I3... O]01.;"
 45 3ro,- 6d-y1, II.YC.

 December 20, 1934

11r. Leigh E. Ore
Assistant Deput'" Adj.inistrator
Commerce Duildinl
1lashinto -., D. C.

 RE: L.diez1 H-rndb.-.'r- CoCe Authorityr

Dear Mr. Ore:

 I transmit herewith audited re-, ort of this Code Authority for
the month of October, 1934. As usmrl, this is put uo in v.ary con-i)lete
fore.

 There mrjy ,)e some question i-i the nrainc of either -'orsaclf or
Planning cnC. Research !ns to the si'ze of the cosh o-:. deposit :.-i(1 on
hand. I just '.nt to rer'ind yon- that they -,re ,-yvrorch"[- the sl:-.c.:
period c.nd., in vier of thr.t, this .;c-'.nt is not nuci.j !rrje.

 Exhibit C is not quite clebrr to ne. I nM secl'ing -.rthcr li-ht
xapon .this from the Code Director andC. 7hen I obtain it, wrill report to
you,

 It is interesting to note, I s-u)osc .s c. result of the strike
this sur.iLer, the chn-iies vhich have tr :eu -ol rce h location of factor-
ies in the 4,212 classified en)loles Teor!ina; outside of ^e' Yorl:, as
against 1,864 in FlTo- Yor`.<*

 I feel that the' coi.'.ti tio.s in this in t-ustr:- are i!')roving, miiau-
facturers' anornle hli.s in )roved, aiv that there is better mental a--
proach to their robleis.

 I hacd nn interesti.-'g session .ith the Code Directors and represen-
tatives of the _ravelin7 Salesnen's' association l.-st Friday* This -rill
be follo-ed by on:e with officer, of the ,.niufrcturers Associrtion to,- ay,
and I ho)e, out o" it, .-ill cone -reater willingness on the .)-"t of
manufacturers to consider the re].atio3:ship bet-!ee-n tbcnsielves r..-. sles-
men in n somnevhpt difficu-lt light thrn has been the cane hitherto. Of
this I will re-oort later. Wit]h kind re.-; r.-s.

 Sincerely yours,



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