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$10.00 per week, and provided further that no employee shall be paid less than at the rate of $9.00 per week except as provided in Section 2 of this Article; within cities, towns, villages, and other places under 2,500 population the wages of all classes of employees shall be increased from the rates existing on June 1, 1933, by not less than twenty (20) percent, provided that this shall not require an increase in wages to more than the rate of $9.00 per week.

SECTION 4. Part-time employees.——Part-time employees shall be paid not less than at an hourly rate proportionate to the rates prescribed in the foregoing sections of this Article.

SECTION 5. Weekly wages above minimum not to be reduced.——The weekly wages of all classes of employees receiving more than the minimum wages prescribed in this Article shall not be reduced from the rates existing upon July 15, 1933, notwithstanding any reduction in the number of working hours of such employees.

SECTION 6. Conflict with State laws.——When any State law prescribes for any class of employees of either sex a higher minimum wage than that prescribed in this Artcile, no employee of such class of either sex employed within that State shall be paid less than such State law requires. 

ARTICLE VII. LIMITATIONS UPON PRICE INCREASES; PRIOR CONTRACTS

SECTION 1. Limitation upon price increases.——No retailer shall increase the price of any merchandise sold after the effective date of this Code over the price existing June 1, 1933, by more than is made necessary by the amount of increases in production, operating, replacement, and/or invoice costs of merchandise, and/or by taxes or other costs resulting from action taken pursuant to the National Industrial Recovery Act and/or the Agricultural Adjustment Act since June 1, 1933, and in setting such price increases retailers shall give full weight to probable increases in sales volume. It is provided, however, that if any price on June 1, 1933, was a distress price, an equitable adjustment may be made.

SECTION 2. Adjustment of prior contracts.——Where costs of executing contracts entered into before June 16, 1933, by any retailer for the purchase of goods at fixed prices for delivery during the duration of this Code are increased by the application of the provisions of the National Industrial Recovery Act and/or the Agricultural Adjustment Act, it is deemed equitable and promotive of the purposes of the Act that appropriate adjustments of such contracts to reflect such increased costs actually incurred be arrived at by mutual agreement or arbitral proceedings or otherwise, and the National Retail Trade Council provided for in Article I hereinafter is constituted an agency to assist in effecting such adjustments. 

ARTICLE VIII. LOSS LIMITATION PROVISION

SECTION 1. Loss limitation provision.——In order to prevent unfair competition against local merchants, the use of the so-called "loss leader" is hereby declared to be an unfair trade practice. These "loss leaders" are articles often sold below cost to the merchant for the purpose of attracting trade. This practice results, of course,