Full text : Referendum on the report of the Special Federal Reserve Committee

BY-LAWS
ARTICLE XIII
SUBMISSION OF QUESTIONS

SECTION 1. All subjects considered or acted
upon by this Chamber shall be national in character,
 timely in importance, and general in application
 to business and industry.

SECTION 2. All propositions, resolutions, or
Juestions, except those which involve points of
order or matters of personal privilege, shall be
submitted for action in writing only by the organization
 members, or by the National Council,
 or by the Board of Directors: Provided,
That by consent of two-thirds of the delegates
present at a meeting a subject not so presented
may be considered.

SECTION 3. When an organization member
desires to present a subject for the consideration
 of this Chamber it shall commit its proposals
 to writing in the form of a resolution
duly adopted by said organization or its governing
 body and forward it to the Secretary.

It shall be the duty of the Secretary to bring
this subject before the Board of Directors by
mail, or at its first meeting, whereupon the Directors
 shall decide whether or not the subject
is of national character, timely in importance,
and general in application to business and industry.
 If the Board of Directors decides that
a subject submitted by an organization member
is not of national character, timely in importance,
 and general in application to business and
industry, and should not therefore be submitted
to the membership for consideration, the proposing
 member may appeal from the decision
of the Board to the National Council at any
meeting of that body or by mail through the
office of the Secretary. If the National Council
decides by a majority vote that the subject
should be referred to the membership it shall
pe incumbent on the Board of Directors to
order its submission.

SECTION 4. If the eligibility of the subject
has been determined the Board of Directors
shall decide whether the subject shall be submitted

 for consideration by the Chamber in
annual or special meeting or by referendum.

SECTION 5. REFERENDUM. A subject
to be submitted to referendum shall as soon as
practicable be referred to a committee for report.
 If the report when received is in proper
and adequate form for submission to the membership,
 the Board of Directors shall order it
'o be incorporated in a referendum pamphlet
without committing itself in favor or against
any of its recommendations, but if not in proper
and adequate form it shall refer it back to the
committee or appoint a new committee to report
on the subject. .

SECTION 6. The referendum pamphlet shall
contain in addition to the report itself a brief
of the major arguments against the recommendations
 of the committee and such other matter
as the Board may deem advisable. If the subject
 has been submitted by a member organization,
 said organization shall have the privilege
©f incorporating in the pamphlet a brief of such
‘ength as the Board may determine. The pamphlet
 shall also contain a ballot upon which the
member organizations may register their votes
respecting the questions submitted.

SECTION 7. The pamphlet in the form in
which it is approved by the Board shall be
transmitted to each member of the Chamber in
good standing and simultaneously the Secretary
shall mail a copy to the National Councilor
representing each organization member.

SECTION 8. The pamphlet shall be accompanied
 by a notice from the Secretary that each
srganization member is expected to register its
vote on the ballot in writing and mail said ballot
 to reach the National Headquarters within
45 days from the date of issuance of the pamphlet.
 Each organization may cast one such
vote for each delegate to which it is entitled
in the annual meeting. [An organization hav-(Continued
 on page three of cover)
            
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