Section 2
SEC. 2. The "National Abaca and Other Fiber Corporation” shall have the following objects: To insure a permanent, sufficient and balanced production of abaca and other fibers for the requirements of the local industry and for exportation. To check all speculation tending to promote a decrease in the prices of abaca and other fibers and to stabilize said prices at a level sufficient to cover the cost of production plus a reasonable profit. To assist in preventing a short as well as an excess production of abaca and other fibers and in either case serve as regulating organ in order to avoid a disorganization of this important activity of the national economy and its consequences, such as suspensions of work, unemployment, and other social calamities.