Approved Code No. 235-Amendment No.5 Registry No. 299-1-13 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

TEXTILE PROCESSING 

INDUSTRY 

AS APPROVED ON OCTOBER 31, 1934 

WI DO OUR PART 

I) L 

__ : :·.:: __J 

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Approved Code No. 235-Amendment No. 5 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

TEXTILE PROCESSING INDUSTRY 

As Approved on October 31, 1934 

ORDER 

APPROVING AMENDMENT OF CoDE oF FAIR CoMPETITION FOR THE 

TExTILE PROCESSING INDUSTRY 

An application having been duly made pursuant to and in full 

compliance with the provision,s of Title I of the National Industrial 

Recovery Act approved June 16, 1933, for approval of amendments 

to a Code of tair Competition for the Textile Processing Industry1 and an opportunity to file objections thereon having been given and 

the annexed report on said amendments, 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 by 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 amendments 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 doe.s 

hereby order that said amendments be and they are 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 G. A. LYNcH, Administ1·ative Officer. 

Approval recommended : 

HARRY S. BERRY, 

Acting Division Administrator. 

wASHINGTON, D. c., 

October 31, 1934. 

94754°----1325-4----34 (1) 
REPORT TO THE PRESIDENT 

The PRESIDENT, 

The 1V hite House. 

SIR: This is a report on the results of the Notice of an Opportunity 

to File Objections to the amendments to the Code of Fair Competition for the Textile Processing Industry, which was issued September 10, 1934, with the provision that objections against the 

Proposed Amendments could be filed any time prior to September 

25, 1934. The amendments, which are attached, were presented by 

the duly qualified and authorized representatives of the Industry, 

complying with statutory requirements. 

In accordance with customary procedure, all complaints recei' ed 

were given careful consideration and all statutory and regulatory 

requirements were complied with. 

PROVISIONS OF THE Al\IEND:ME~TS 

There are two amendments as follows : 

1. The addition of a new section, number 14 to Article I defines 

the term "any twelve months." 

2. The amendment of Article III, Section 1 (e) provides that 

each member of the Industry shall keep accurate and complete 

records of such of his or its transactions in the Industry as may 

be necessary to enable the Code Authority or the National Industrial Recovery Board to observe and determine whether or not such 

member is complying with the provisions of the Code. It is also 

provided that the Code Authority or the National Industrial Recovery Board may cause the examination of such books and records 

as may be required, this examination to be made by an impartial 

agency. 

FINDINGS 

The Deputy Administrator in his final r eport to us on said amendments to said Code having found as herein set forth and on the 

basis of all the proceedings in this matter : 

\Ve find that : 

(a) The amendments 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 incluclina 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 supervi ion, by eliminating unfair competitive practices, by promoting the fullest possible utilization of the 

present productive capacity of industries, by avoiding undue restric-

(2) 
3 

tion 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 

rehabilitating industry. 

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

Subsection (b) of Section 10 thereof. 

(c) The Code empowers the Code Authority to present the aforesajd amendments on behalf of the Industry as a whole. 

(d) The amendments and the Code as amended are not designated 

to and will not permit monopolies or monopolistic practices. 

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

and will not eliminate or oppress mall 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 

amendments. 

For these reasons these amendments have been approved. 

For the National Industrial Recovery Board: 

G. A. LYNCH, 

OcTOBER 31, 1934. 

Administrative Offioer. 
AMENDMENT TO CODE OFF AIR CO:MPETITION FOR THE 

TEXTILE PROCESSING INDUSTRY 

Article I is hereby amended by the addition of a new section, to 

read as follows: 

14. The term "any twelve months" as used hereinafter means a 

period of fifty-two (52) weeks, beginning with the first Monday in 

February of each year, and each subsequent fifty-two (52) week 

period following thereafter: it is understood that the fifty-two (52) 

week period for the year 1D34 dates from February 5, 1934. 

Article III Section I subsection (e) is hereby amended to read as 

follows: 

(e) Each member of the industry shall keep accurate and complete records of such of his or its transactions in the industry as 

may be necessary to enable the Code Authority or the National 

Indu trial Recovery Board to observe and determine wheth2r or not 

such member is complying with the provisions of this Code, and 

shall furnish accurate reports based upon such records concerning 

any such activities to and when required by the Code Authority or 

the National Industrial Recovery Board. The Code Authority or 

the National Industrial Recovery Board may cause the examination 

of such books, records and/ or papers of any member of the Industry as may be pertinent to such reports for the verification thereof 

by an impartial agency, agreed upon by the Code Authority and such 

member, or in the absence of agreement, appointed by the National 

Industrial Recovery Board. In no case shall the facts disclosed by 

such examination be made available in identifiable form to any competitor or other member of the Industry whether on the Code 

Authority or otherwise, or be given any publication, exce.pt such as 

may be required :for the proper administration or enforcement of the 

provisions of this Code. 

Approved Code No. 235-Amendment No. 5. 

Registry No. 299--1-13. 

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