Document vRVV3YKGVBQmLV6kxQ55YdVw
^
l
MINUTES
_ EXECUTIVE COMMITTEE MEETING National Paint, Varnish and Lacquer Association, Inc,
Fc-rnsylvonia Hotel - Near York, N.Y. January 17 th, 1957
t
. ` r-
\f the Matim"!
Lr.:qu_-r Association, Inc. cer.v-.*::.-d at t-.-r. A. M.,
?u. v , <. .a-.... -;1
the ?cr.nsylvania Hotel, Nec York, N. Y., v>ith Vice-Chairman F. L. Sul zb.r gar
presiding. The following -.rere in attendance;
3. C. Gunn in* D. Fig-is t*. L. Huvzy D. A. Mohr
Yells Martin S. R. Mz+lzck H. A. Melon C. J. Roh C. N. Soi^litz
F. L. oulchv.-gtr J. Heath Vood N. M. Zintl Ernest T. Trigg
C-UnS-TS
F. M. Carter
J. E. Ingram
L. P. Moore
ASSOCIATION S:AFF
H. A. Gardner
Laurence Kiefer
)>
APSENT
E. J. Cornish (ropre- 0. J. S. de Brun
sentod by F. M. Cr.rter) 3. D. Griffin (repre-
Ti'. C. Dabney
sonted by J. E. Ingram)
DeLoncoy Kountzc
R. A. Plumb
J. B. Lord
H. W. Rice
.
. CALL TO ORDER
The meeting ?;as called to order by the Vice-Chairman with an introduction of new /* members and guests.
ELECTION OF CHAIR.IAH
It was pointed out by President Trigg that the former Chairman of the Executive
Committee, Mr. E. S. Phillips, has finished hi3 terra of service on the Executive
Committee r.nd that nominations wore in order for a new Chairman. Mr. Roh nomi
nated Mr. Frank L. Sulzberger. This nomination ws3 Seconded by Hr. Zintl, and
it v?s moved that nomination bo closed. The question was put by the President
and the Acting 3ecre-tary '..as authorized to cast a ballot for the election of
Mr. Sulzberger as Chairman.
, ELECTION OF vrOS-CHA.T3i.iAH
The office of Vice-Chair.ion being vacated by the election of Mr. Sul.'.burger as
Chairman, Mr. M,,-lu..i nominated Mr. H.
Rico, "els nomination -..as seconded'by
Mr. Matlock, end it v.as moved that nominations be closed.
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Tho question was put to the r. embers and the Acting Secretory cost a ballet for the election of Nr. H. T, Rice as Vice-Cha
s .'uthericed to an.
n in u t z s o? l a s t n z e t in g
tary stated there res no unfinished busiru s loft ever eh v.r.s not cared for in the agendur. of tb> ere-sent meet :.-:ir:.'.ar. stated that ir.as.ruch as capias of minutes of the last r.ceting ailed to each r.er.bor of the Cemnitteo, the r.inutos would be approved w ending if there were no objections. There being no objections, the r.i ere approved without reading.-
ut :s
REPORT OF THE BUDGET AND FI NANCE COMMITTEE
AND OF THE TF.EASUFER
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Nr. C. J. Roh, Chairman of the Budget and Finance Committee, reported that the Committee held a soting last night (January 26tii) at which tine a prep?sod bud get for 1937 of , .10,752.00 was given very careful consideration and r.-.s allo cated ever the various departments of the Association. Nr. Roh gave a detailed explanation of the set-up of the budget and stated that returns which have al ready cr'.ao in indicate that the income of the Association for 1937 will be approx irately 10% over 1936.
Nr. Roh ricvod the approval of the budget as presented. This notion was seconded by Nr. Natlnek and carried.
The treasurer, Nr. Charles J. Roh, prcs.ntou a state-c-nt of incane and expense for the period fron October 1st to December 31st, 1936 and a balance sheet shor ing assets, liabilities and surplus as of December 31, 1936. (Copy attacht)
On motion duly made end seconded, the report of the treasurer was approved as
given.
.
POSSIBLE PURCHASE OF GREGG alEJORlAL BY GOVERNNSNT__________________________
Nr. Charles J. Roh reported there was a possibility that the Government would pur chase the Gregg Henorial building in Washington this year for the purpose of rak ing space availa.ble for a new Tar Department building. He suggested that a small committee be appointed by the Chairman to handle the situation if it became necessary to make a move.
Fre-sidc-nt Trigg reported that the only information he had regarding the possi bility of the Government purchasing the building was newspaper reports that the building was on the greund whore a new Tar Department structure was proposed, and that provision had boon made in the appropriation bill this year to purchase all land and property in the- neighbor!:1??d. He stated that th<s_members would re call that last year a bill was presented in Congress for this purpose, but it did not pass. Acer ruing to newspaper reports, however, the President has now onkod Congress to go ahead with the plans fur the now Tar Department building. It seems, therefore, that if the President is behind this legislation, IJnore is a very good chance that it will be put through.
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Prcsident Trigg_cs31ed attention to the fact that the Asscciatiwn purchased tho kerfquarters property at a time when prices were very nearly at the peak and it also spent considerable r.'.er.uy in additions and ir.prover.er.ts to the building at the high market. He furthc-r stated that if we are obliged to sell to the lowrnr.o-nt at the g.'ing rates, we will be selling somewhere near the batten, '.he As s'elation, therefore, r.r.y possibly face the necessity of taking a loss n the po. party. H.v .vor, if it is necessary to sell on a lv. cr r.arket, it is fair to as seas o that we ill to able to buy tlior property on a l.vor racket.
President Trigg pointed out that last year he locked at several large properties ar.d found sore places that locked like desir- '~le locations. He pointed cut that properties of the size that would be needed for our purpose are wore or lees a '.rug on the racket and can probably be secured at a very reasonable figure.
It was r.cvod by Mr. Eoh that a courattoe be appointed by the Chairr.an to take ean of into*in details regarding the sale and purchase of property between neetings of the o:. .-.ittee. This notion v-us seconded and duly approved.
The Ch-'ir:r.'-n, therefore, appointed a committee to consist of the President cf the Association, Mr. Ernest T. Trigg, the Treasurer of the Association, Mr. Charles J -oh, ' 'id the Vice--Thai man of the Executive Committee, Mr. Hc-rbc-rt Rice.
EVERAPD PAINT i-lFG. CO.
Th.e Acting Sucre tary reported that an ar.ount of 162.50 was owed the Arsocioti -n by the Evvrard Faint war.ufacturing Company of California and that it was new l-s si tie to settle tiiris account for $20.00. This would mean charging off an arrant of *42.50.
It was moved, seconded and approved that the Treasurer be authorized to make set tlement of this account and charge off the amount of $42.50.
LUMBER PRODUCTS BETTER PAINT CAMPAIGN
President Trigg reported that for some time the Association had been concerned
about circulars printed as a part of the Lumber Products-Buttor Paint Campaign
and put into each bundle of lumber that was sold through the lumber yards. He
stated that statements made in these circulars wore objectionable to manufac
turers of mixed paints in that they have unduly emphisized white lead and in
ferc.ntially damned mixed paint. He reported that the Association had gene on
record with the Lumber Products-Bettor Paint Campaign strenuously objecting to
this literature, -and that .Mr. Carter of the National Load Company had whole
heartedly joinc-d with the Association in this objection. He reported that the
Association's position was not critical of white-lead-in-oil but that it wanted
the field left open to all manufacturers of paint instead of being closed to only
one type. He stated that negotiations have been going on with the Lead Indus
tries Institute which coniucts the Lumber Products-3otter Faint Campaign for
about two y.;.rs, -and that finally good results have been accomplished. I.
.
President Trigg reported that a c-:nf..r-.nce was hold a. few weeks ago in Nov? 'fork with several uai.uf-.cturcx-s who could be gotten together cn short notice. He re ported that Mr. Carter was present at the -.outing and volunteered to see what
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cauld bo done ta_get the natter straightened out to the satisfaction of all. Ur. Carter arranged v/ith Mr. Ucr-.sor to cone to Washington tc confer with President Trigg and Dr. Gardner. As a result of that conference it v;ns suggested to Mr. TTornser that if the language in the circular could be changed along the lines of specifications Dr. Gardner had written for the Lumber Manufacturers Association, it vcv.ld be satisfactory to everybody concerned. Mr. `Co me or v:as very 'r-.e. stive to this and took the natter back and talked it over with his associates. ?: sident Trigg and Dr. Gardner attended a conference in Mew York with Mr. 7.1 -r, Mr. Carter of the; Eagle richer Lr.d Company, Mr. Colcord of the United States Smelting and Refining Company, Mr. Hallott of the National Lead Company, and Mr. Peters of the St. Joseph Lead Conorny. This meeting was very satisfactory -nd after the meeting Dr. Gardner -and Mr. Hallott got together on the details of the language- to bo used in future circulars. As a result another circular .as written and Mr. '."eraser took it up with some, of his group and they have app. _vod the circular. The proposal is now that dir. TTormscr and President Trigg go to Chicago to talk the natter over with Ur. Dulany and other lumber men and secure their acceptance of the new proposal.
President Trigg also reported that Dr. Gardner had been asked by Mr. Vornsor to
look over a new traveling exhibit that was being prepared by the Lumber Froducts-
3etter Paint Campaign and to make any suggestions he thot .advisable. Dr. Gardner
has taken care of this matter. President Trigg roportc-d that there is fit present
a very real evidence of cooperation which can be accomplished with the lumber
people, and he believes that the whole matter will bo cleared up to the satis
faction of all.
REPORT OF SCIENTIFIC SECTION
Dr. Gardner discussed the various circulars which had been sent out to the mem
bers since the November meeting of the Association. He also discussed the work
he had boon doing in connection with the National Retail Lumber Dealers Associa
tion. This work is of a cooperative nature and includes the issuing of circu
lars for distribution to 25,000 members of that Association. He also discussed
his work in connection with the National Lumber Mnnufoxturcrs Association Small
Homes Demonstration. He has aided the Association in drawing up specifications
for the paint to be applied to these hemes, such prints to be either high quality
mixed paint or lead-in-oil. Ho also discussed his work with the PV.'A Housing
Division, for which organization he has recently drawn up revised specifications,
including high quality mixed paints and lead-in-oil. He also discussed the work
he had done in connection with Mr. Trigg for the* Lead Industries Association
.
in connection with the Lumber Prbducts-Bettor Paint Campaign. He also referred
to his work with the National Bureau of Standards and tho Federal Specifications
Board in connection with new spe*cifications for interior paints, based entirely
on physical properties, such specifications having now been issued as a part .f
Scientific Section Circular Ho. 525
Dr. Gardner also discussed tho results of porilla plantings during 1936, and out
lined the work to bo carried on during 1937 in this direction, as well as the
work he will do in connection with tho experimental planting of chia thru-rut the
United States.
''
Dr. Gardner also discussed the work he is carrying on in connection with the
painting of brick, and the contact he has made with the Brick Manufacturers
Association*
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He also touched upon the work he is doing in connection 7.1th the gathering of dote to prove that the theory cf the incompatibility of point costings hoc '.;-:-n ovor-
a f p o in t me n i o f u n f a ir c o mp e t it io n c o ^iit e s
i.`i i t
Ths by-laws provide that the Unfair Competition Com.nittoe shell be appriut-.d by the Or: -:i i:r.t in collaboration vith the Choi men of the Executive Committee, a j-.-et to the approval cf the Executive Cornittoo. In ncecrdrr.es .:1th the by-I; - # therefore-. President Trigg reported that in collaboration - ioh the Chairr. an of the Executive Committee he new presented fer the approval of the Pxvcutive Com mittee, the Unfair Competition Committee to consist of the following:
c. Dabney 0. J. S. dc- Exam Frank Jua son E. S. Phillips
Charles J. Eoh 'V. . Zintl V;. I. Longsuertn Carl J. Schumann
H. E. TA-bstor, Chairman
It v.t .s moved by Mr. .'.'atlack, seconded by Mr. Kuvey that the above- committee be
approved. This motion -,\as carried.
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TRADE ORGANIZATION BLOC
The- Acting Socrctaxy submittod the following rrport:
"At the lust session of our annual convention in Chicago, Mr. John R. MacGregor of the F.-.glo-?icher Lend Company presented a rcccnr.unda tion that trade associations bo joined together in a cc>incil so that industry might have :i medium through diich to make its voice heard in connection with proposed federal legislation.
"On motion by Mr. N. D. Chapin, the suggestion mas referred to the Executive Committee for further consideration.
"A chock of other agencies indicates that the American Trade Asso ciation Executives have a definite policy not to express any group opinion in matters of this kind and whilo they have discussed this general subject, no definite action iias been taken.
"The United States Chamber of Commerce in October, 1931, sent out Referendum No. 58 'On the Report of the Special Committee on Con tinuity of Business and S.xploynvnt'. This Referendum had as one of its major objectives the development of an 'Economic Council1, in -which trade associations ware to play an important part.
"The American Paint and Varnish Manufacturers' Association and the National paint. Oil and Varnish Association voted affirmatively on all ten questions submitted in thi3 Refi.r..nd'xjj and the Refor .-ndum was approved by a large majority of the members >f the Chamber of Commerce and to quote the re-part ..Rich was s nt cut by the chamber ^f Commerce and the vote -n the Referendum 'the Chamber is committed in favor of pxr-p-sitions I to X inclusive.'
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"Invcstigaticn indicates that In spite of tljc large favorable vete on this Referendum, nothing lies been dene looking towards the cstafclisknont of this Economic Council1. A letter addressed to :.!r. David A. Skinner, Secretory cf the United States Chamber of Coc-nerco, re questing information as to >.hnt v:ns den-, regarding this matter has not an yet been answered.
"Cur Association has umber ship in the National Industrial Council, affiliated vith the National Association of Manufacturers, and this Council has recently suggested that 'It so-.ms highly advisable in the light of the proposed legislation affecting trade practices, amendments to the anti-trust act, r o t ; Patman legislation and vari ous proposals of N.R.A. type measures, that the- members of cur _ national manufacturing trade associations group in the Council r.-.et to exchange information and viewpoints.1"
It was recommended by President Trigg that the Association do all it cun to carry out the thought of Mr. MacGregor's suggestion through the Industrial Council of ----- the National Association of Manufacturers and if this decs not work ut satis- ^ ^ fectorily, ahe Association should do something else later on.
This suggestion was approved by the Committee.
DbCLAP.AIION OF PuINOiPLI.S Or AhamiCAN INDUSTRY
The follovring letter vos read by the Acting Secretary:
NATIONAL INDUSTRIAL COUNCIL 11 '.lost Fcrty-sacTid Street
Near York City
December Ml, 1?36
"Mr. Ernest T. Trigg, President National Paint, Varnish and Lacquer Assn. 5201 Now York Avenue, N, r. 'Washington, D. C.
"Dear Ur. Trigg:
"'The icst important conclave of busine'ss executives in this coun
try in a generation of more.' That was how J. D. Tompkins, writing for the Nc y : York Herald Tribune, characterised our recently con cluded 41st Annual Seating.
"The Congress of American Industry was 'most important' because the
'Principles' adopted at that time affect not only industry, but
labor, the- public, end our future national vdfr.ro itself. As I
said in closing the Convention, 'This no.ting Ins established a
new, sound and progressive note in the industrial lifo"of the na
tion.1
,
"Tho Principled are :aore encompassing than ..vor before in their in
dustrial acceptance '>f social and national responsibility, yet Ujfc
sound fundamentals of private cnterpr5.se have in.no '.way been v*
sacrificed.
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"The theme of the Convention r.s a whole can be suimarizv.d in three steps:
1. The public's continuing desire for better living offers the manufacturer his greatest opportunity, since the pro viding of the things people want is his stock in trade.
2. To rest effectively d-.renstrata his superiority as the supplier of the nation's goods, the manufacturer rust accept and keep before hin certain ideals of porfcr.aance.
3. To secure the sympathetic cooperation of the public, he rust keep constantly before them the facts, not only of ^ his product and his methods, but of the motives and ob jectives of the system of private enterprise under which he operates to their advantage.
"The popular appeal of this basis of understanding is au.ply evi denced by the public and editorial reception given to this year's Convention document, v:hich is enclosed.
"I know I may assume that y;u will read it thoroughly. But there is more to it than that.
"First of nil, every manufacturer should analyze the Principles carefully in the light -of his own company'5 procedure. Only as general acceptance is secured can -no hope to convince the public of our devotion to them.
"Tour association can help immeasurably in this respect. The Prin ciples should bo considered bv vonr Board and, upon adoption, circu lated throughout your membership together with the official comment of your om Directors.
"F:;r this purpose, additional copies will be sent you without cost upon request.
"Secondly, after insuring that they are generally approved, we must bend every effort to inform the nublic -.f that fact.
"The Council's 1937 public information program, with which you vd.ll be invited to cooperate, will hinge on these statements of princi ple. So will the material designed for employees and shareholders. More information regarding these phases vdll be 3ent you shortly.
"All the sessions of our Annual Meeting emphasized the 'new horizons' for American industry and the American people. By the application of these Principles to our daily industrial life, and by our selling of them to the public, there lies the best expectation fer achieving the higher goals / and better living envisioned at that time.
"I vdll appreciate being kept informed of your association's action.
Very truly y;urs, /s/ C. H. CHESTER
Chairman "
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This natter was discussed carefully by the Committee and Dr. Kohr asked if the Association approved the sending out of the Principles referred to whether or not it would be an indication that our industry had not been carrying on its busi ness in this manner in the past and would it not indicate that ve were turning ever a nor; leaf. It was Ur. Roh's opinion that the National Industrial Council is doing a very good job and that the Association should support it in this con nection. It was Chairman Sulzberger's that that distribution of these Princi ples by the Association with the approval of the Executive Committee v;:uld hove a very good effect on all of the members of the Association.
It vas moved by Mr. Rah, seconded by Mr. TYood and approved that the Association send out the Principles with a letter stating that the Declaration of Principles have been considered carefully by the Executive Committee and that the Declaretion expresses the things for which this industry has stood for a number of years," and the Principles have the full endorsement of the Executive Committee.
ELECTION OF SOUTHERN ZONE VICE-PRESIDENT
President Trigg reported that because of the unfortunate death of Mr. Booker, the position of Southern Zone Vice-President was left vacant. Kc recommended that Mr. Prinm of the Sherwin-Tiilliams Company of Atlanta be* elected to fill this position. He stated that Mr. Frimm v:as formerly local manager in Atlanta of the Shorwin-'./illicns Company and that last year he was President of the local asso ciation in Atlanta. He has recently been made District Manager for ShorrinHillians and this undoubtedly means that he rill be travelling around thru the Southern territory and will be in a position to call on our local clubs through out the South. He stated that Mr. Primra had always taken a very active interest in Association affairs, and that he believed he would be an ideal man for the job,(
On motion duly made, seconded and approved Mr. Primm was elected Southern Zone
Vice President.
1917 CONVENTION SITE
The Acting Se-crctary read a list of cities that load invited the Association to hold their 1937 convention.
President Trigg reported that invitations this year had been received from more places than ever before. In reply to a question, the Acting Secretary said in vitations had come through the local associations from Buffalo, Cincinnati, Philadelphia and St. Louis, and that invitations have been received from the following cities: Asheville, N. C.; Atlanta, Ga.; Atlantic City, N. J.; Chicago, Ill.j Cleveland, Ohio; French Lick, Ind.j Halifax, Nova Scotia, Canada; Holly wood, Fla.; Mexico City, Mexico; Milwaukee, Hisc.; Nashville, Term.; New York, N. Y.; Pittsburgh, Pa.; Rochester, N. Y.; Shawncc-On Delaware, Pa.; Toronto, Canada; Union Town, Pa.; and Washington, D. C.
Mr. Matlack stated that Philadelphia vented very much to entertain the Association at its convention this year.
It was moved by Mr. Roh that the question of the 1937 convention site be left in
the hands of a small committee appointed by the Chairman. This motionliras
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seconded and duly approved.
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-9APPLICATIONS FOR MEMBERSHIP
The Acting Secretary presented the following applications for r.naborchip in * -. Association:
Class A
Cr.iO DIPT CO. IIJC. North Tonawendn, N. Y.
V.TS7ERN GOOD TRESERVING CO. Los Angeles, Criif.
HARRINGTON FAINT CO. INC. East Cleveland, Ohio
'.CTLBUR & LILLI A-'S CFO. CO. ^x^&eon, !*,ass.
Class E
V.\ R. Y.'I*i5L0'<Y COMPANY V'ashir.gton, D. C.
.
It reeved, seconded and approved that these memberships be accepted.
CANCELLATION OF MEMBERSHIPS
The Acting Secretary reported that the Membership Committee recommends the can collation of the following memberships:
Art Cement :fg. Co.*^
Coal Tar Products Co.<^
Connors Paint Mfg. Co., 7m.^
De-Hart Faint & Varnish Co .k
Evorerd Paint Mfg. Co.*'''
Fuller Clarkson Co. Inc.v''
The Gorton Co.*''
Orleans Paint "Corks ^
Pinol Ilfg. Co. Inc.
Rhodes & Co., D. H.
y
Schweitzer Paint-rifg. o.^
Seaboard Paint Co.
Skinner Paint & Varnish Corp/
Miami, Fla. Brooklyn, M. Y. Troy, N. Y. Louisville, Ky. San Francisco, Calif. Berkeley, Cnlif. Portland, Ore. Now Orleans, La. Philadelphia, Pa. San Francisco, Calif. . Portland^.Ore. fab*: S' 1
Seattle, V.'ash. Galesburg, 111.
It was moved, seconded and duly approved that cancellations of the above membe ships be authorized.
ROBINSON-PAT,JAN ACT
The Acting Secretary reported tlxat the follovdng letter had been received from Dr. Kohr:
"THE LOTS BROTHERS COMPANY Dayton, Ohio
January IS, 1937
'Dear Mr. Trigg: ,
"At our meeting a week from Wednesday it i3 ray guess that much of the discussion rill be around the Robinsen-Pataan Act and I hope that
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such will be the case. Your office has done a real service to the
industry by keeping it informed of the action taken by the various
a cabers o_thc industry to comply with this lav:. Of course, it is
our hope that our industry will present a united front in the
.-r
in '"hich the different units of the industry modify their sales
policies to carry out the intent of the law.
"It is ay judgment that it would be a g;roat help to us hare
+ -n
if it wore possible for -you to collect before the meeting f
association executives or elsewhere, i:nfer.~r.tion as to how linos of industry, whose products arc 1handled by the some c i t 3 c 01
trade that handles the products of our industry, are modify
hvir
sales policies to comply with the law.
"The most strenuous ccj-ction I have met in dealing with thost of our customers mho objc-ct to our policy has been that ve arc the only vendors among all from whom they buy that are asking their customers to segregate their retail and wholesale business, with the result that the distributor will secure a lower gross profit on his retail business than he formerly secured whan he paid the same price for all of ids requirements that he purchased from cur Company. In more than one case I have been embarrassed by being told by a good customer that wo were the only supply house that asked him to make such a segregation, and it happens that in each case of this kind our customer was a combination wholesale and retail hardware house. '.Vhile I could point out to him that the loaders in the paint industry were using a plan similar to our own, ny position would have been much stronger if I could also have pointed out the fact that a similar plan was being used by the manufacturers of hardware and other commodities that are commonly purchased by the trade that v.o serve.
"Inasmuch as this is such an important matter to us, I imagine you may have had similar requests from other sources and this letter may for that reason be entirely uncalled for. However it certainly would be a great help to us in meeting the difficulties that we face if it were possible to have the information outlined above from a source as reliable as yourself."
Very truly yours,
/s/ D. A. KOHR "
The Acting Secretary reported that headquarters had been unable to get any defi nite information about Robinson-Pntman plans from any association. It appears that the hardware manufacturers arc using two different plans. In one they have the wholesaler give them a statement that last year a certain percentage of their business was wholesale and they arc asked to estimate what their wholesale busi ness will be this year and on that estimate the manufacturer allows a wholesale functional discount. The steel wire manufacturers arc handling wholesalers in the same way that seme of the paint manufacturers are. That is, they are billing their customers at list and making them furnish a certified statement as to the sales made at 'wholesale and then allowing a wholesale functional discount on such sales.
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Hcadquarters is unable to secure tiny other information. All associations that re believed would have plans in their industry wore contacted and no one seemed to have any definite information which they v;c-re vailing to give us.
ARRANGEMENT VITH DR. HENRY A. GARDNER
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A
President Trigg reported that the Budget and Finance Committee had approved cr.tordT
ing into another thrcc-year arrangement with Dr. Gardner. He stated thrt ho ras
reporting this to the Executive Cor~.ittee because he believed it would be roll dor
the Executive Committee to approve such an arrangement, president Trigg reported
that Dr. Gardner desires more tine to travel to give attention to the development
of oil bearing seed and that -it was the thought of the Budget and Finance Com
mittee that he should be encouraged to do this.
.
It was moved by Mr. Roh, duly seconded and approved that the arrangement ..-nte-rod . into by the Budget and Finance Committee be approved.
CODE OF ETHICS
President Trigg reported that he had talked with Mr. Face and Mr. Dabney who were wry much concerned about the violations of certain parts of the Association's Code of Ethics, particularly that one applying to the enticing of w.uplcyecs. Mr. Dntney reported that quite a bit of this was going on and that he wanted to find out just whet the feeling of the Executive Coimittoc was and whether the Code of Ethics still stood or whether it was an open season. President Trigg stated that it was his opinion that some manufacturers, when the NRA code of cur industry was terminated, took it for granted that all parts of the code wore terminated. He stated that stops were being taken by the Association to bring the Code of Ethics to the attention cf nil numbers of the industry and that this would be con tinued.
/. .
Mr. Roh thought that reference to different parts of the code should be brought j c
out in future association publications.
MISCELLANY
It was moved by Mr. Havey, seconded and approved that the Executive Committee go on record expressing its feeling about the situation in the flood area and that a message be sent to the Presidents of each local club in the flood area. Ac cordingly the following telegram was dispatched:
"The Executive Committee of the National Faint, Varnish and Lacquer
Association in session today extends through you to the members of
your local association its very sincere sympathy for the less of life
and property in your community due to the terrible floods stop It
earnestly hopes that the worst is over and that the members of the
industry in (name of city) will suffer as little loss and interrup
tion to their business as possible."
__
There being no other business bc-forc the nc-oting, it tidjourr.c-d at 1:30 P. M.
/ZO
CUtAesn^t.
Acting Secretary
02797