Approved Code No. 48-Amendment No.6 Registry No. 263-01 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

SILK TEXTILE INDUSTRY 

AS APPROVED ON MARCH 20, 1935 

WI DO OUR PARr 

UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASHINGTON: 1935 

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Approved Code No. 48-Amendment No. 6 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

SILK TEXTILE INDUSTRY 

As Approved on March 20, 1935 

ORDER 

APPROVING AMENDMENT OF ConE OF FAIR CoMPETITION FOR THE SILK 

TEXTILE INDUSTRY 

An application having been duly made fursuant to and in full 

compliance with the provisions of Title I o the National Industrial 

Recovery Act, approved June 16, 1933, for approval of an amendment to a Code of Fair Competition for the Silk Textile Industry, 

and a notice of an opportunity to be heard having been afforded 

thereon 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, dated September 27, 1934, 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 approved, 

and that the previous approval of said Code is hereby amended to 

include an approval of said Code in its entirety as amended. 

NATIONAL INDUSTRIAL RECOVERY BoARD, 

By W. A. HARRIMAN, Administrative Officer. 

Approval recommended: 

PRENTISS L. CooNLEY, 

Division Administrator. 

WASHINGTON, D. c., 

March reo, 1935. 

122806°----1603-104----35 (1) 
REPORT TO THE PRESIDENT 

'The PREsiDENT, 

The White House . ~ Srn: This is a report on the results of the Notice of Opportunity 

to be Heard on the amendment to the Code of Fair Competition 1

for the Silk Textile Industry, which was issued on February 19, 1935, 

.with the provision that objections against the proposed amendment 

could be filed any time prior to March 11, 1935. The amendment, 

which is attached, was [resented by the duly qualified and authorized representatives o the Industry complying with statutory 

requirements. 

l In accordance with customary procedure all objections were given 

due considerationh and all statutory and regulatory requirements ,were complied wit . 

PROVISIONS OF THE AMENDMENT 

This amendment is the standard approved non-partnership nonliability clause. 

FINDINGS 

The Deputy Administartor 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 thereof? and will provide for the general 

welfare by promoting the organization of industry for the purpose 

of cooperative action among trade groups, by inducing and maintaining united ·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 the standards of labor, and by otherwise rehabiljtating industry. 

(b) The Code as amended complies in all respects with the pertinent provisions of said Title of said Act, including without limitation Subsection (a) of Section 3, Subsection (a) of Section 7, and 

Subsection (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. 

(2) 
3 

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

and will not permit monopolies or monopolistic practices. 

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

and will not eliminate or oppress small enterprises and will not 

operate to discriminate against them. 

(f) Those engaged in other steps of the economic. process have 

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

amendment. 

For these reasons this amendment has been approved. 

For the National Industrial Recovery Board: 

MARCH 20, 1935. 

w. A. HARRIMAN, 

Administrative officer. 
. AMENDMENT TO CODE OF FAIR COMPETITION FOR 

THE SILK TEXTILE INDUSTRY 

Article VI is hereby amended by the addition of a new section 6 

which reads as follows: 

Nothing contained in this Code shall constitute the members of 

the Code Authority partners for any purpose. Nor shall any Inember 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, exercis- in~ reasonable diligence in the conduct of the duties hereunder, be 

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

except for his own wilful malfeasance or nonfeasance. 

Approved Code No. 48-Amendment No. 6. 

Registry No. 263-01. 

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