Approved Code No. 94-Amendment No.3 Registry No. 271-1-01 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

GARTER, SUSPENDER AND BELT 

MANUFACTURING INDUSTRY 

AS APPROVED ON FEBRUARY 8, 1935 

WE DO OUR PART 

UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASHINGTON: 1935 

I 

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Approved Code No. 94--Amendment No. 3 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

GARTER, SUSPENDER AND BELT MANUFACTUR· 

ING INDUSTRY 

As Approved on February 8, 1935 

ORDER 

APPROVING AMENDMENT OF CoDE OF FAIR Col\IPETITION FOR THE 

GARTER, SusPENDER AND BELT MANUFACTURING INDUSTRY 

An application having been duly made pursuant to and in full 

compliance with the provisions of Title I of the National Industrial 

Recovery Act, approved June 1'6, 1933, for the approval of an amendment to a Code of Fair Competition for the Garter, Suspender and 

Belt Manufacturing Industry, and an opportunity to be heard having 

been afforded all interested parties and the annexed report on said 

amendment, containing findings with respect thereto, having been 

made and directed to the President: 

NOW, THEREFORE, on behalf of the President of the United 

States, the National Industrial Recovery Board, pursuant to authority vested in it by Executive Orders of the President, including 

Executive Order No. 6859, and otherwise, does hereby incorporate, by 

reference, said annexed report and does find that said amendment and 

the Code as constituted after being amended comply in all respects 

with the pertinent provisions and will promote the policy and purposes of said title of said act, and does hereby order that said amendment be and it is hereby approved1 and that the previous approval 

of said Code is hereby modified to Include an approval of said Code 

in its entirety as amended. 

NATIONAL INDUSTRIAL REcovERY BoARD, 

W. A. HARRIMAN, Administrative Officer. 

Approval recommended: 

PRENTiss L. CooNLEY, 

Division Administrator. 

vv ASHINGTON, D. c., 

February 8, 1935. 

114433°----1573-33----35 (1) 
REPORT TO THE PRESIDENT 

The PRESIDENT, 

The White H o'WJe. 

Sm: This is a report on an amendment to the Code of Fair 

Competition for the Garter, Suspender and Belt Manufacturing 

Industry. 

Article V was amended by adding Section 6 which provides for 

limiting the liability of Code Authority 1nen1bers. 

An opportunity to be heard was afforded all interested parties 

and no objections have been received by the National Industrial 

Recovery Board. The National Industrial Recovery Board has 

also carefully considered the reports of the Industrial Advisory 

Board, Labor Advisory Board, Consumers' Advisory Board, 

Research and Planning Division and the Legal Division of the 

National Recovery Administration, which were made on this 

amendment. 

The Deputy Administrator in his final report to the National 

Industrial Recovery Board on said amendment to said Code, having 

found as herein set forth and on the basis of all the proceedings 

in this matter: 

It finds that : 

(a) The amendment to said Code and the Code, as amended, are 

well designed to promote the policies and purposes of Title I of the 

National Industrial Recovery Act, including the removal of obstructions to the free flow of interstate and foreign commerce which tend 

to diminish the amount thereof2 and will provide for the general 

welfare by promoting the organization of Industry for the purpose 

of cooperative action of labor and management under adequate 

governmental sanction and supervision, by eliminating unfair competitive practices, by promoting the fullest possible utilization of the 

present productive capacity of Industries, by avoiding undue restriction of production (except as may be temporarily required), 

by increasing the consumption of industrial and agricultural products through increasing purchasing power, by reducing and relieving 

unemployment, by improving standards of labor, and by otherwise 

rehabilitating Industry. · (b) The Code, as amended, complies in all respects with the 

pertinent provisions of said Title of said Act, including without 

limitation Sub-section (a) of Section 3, Sub-section (a) of Section 

7 and Sub-section (b) of Section 10 thereof. 

(c) The Code empowers the Code Authority to present the aforesaid amendment on behalf of the Industry, as a whole. 

(d) The amendment and the Code, as amended, are not designed 

to and will not permit monopolies or monopolistic practices. 

(2) 
3 

(e) The amendment and the Code, as amended, are not designed 

to and will not eliminate or oppress small industries and will not 

operate to discriminate against them. 

(f) Those engag~d in other steps of the economic process have 

not been deprived of the right to be heard prior to approval of said 

amendment. 

For the above reasons, this amendment has been approved. 

For the National Industrial Recovery Board: 

FEBRUARY 8, 1935. 

w. A. HARRIMAN, 

Administrative Officer. 
AMENDMENT TO CODE OFF AIR C011PETITION FOR THE 

GARTER, SUSPENDER AND BELT MANUFACTURING 

INDUSTRY 

The following is to be added to Article V of the Code of Fair 

Competition for the Garter, Su pender and Belt Industry, to be 

designated Section 6: 

Nothing contained in this Code shall constitute the members of 

the Code Authority partners for any purpose. Nor shall any member 

of the Code Authority be liable in any manner to anyone for any 

act of any other member, officer, agent or employee of the Code 

Authority. Nor shall any member of the Code Authority, exercising 

reasonable diligence in the conduct of his duties hereunder, be liable 

to anyone for any action or omission to act, under this Code, except 

for his own wilful malfeasance or nonfeasance . 

.Approved Code 1\"o. 94--Amendment No. 3. 

Registry No. 271-1-01. 

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