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

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

MEN'S GARTER, SUSPENDER AND 

BELT MANUFACTURING INDUSTRY 

AS APPROVED ON JANUARY 27, 1934 

WE DO OUR PART 

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Approved Code No. 94--Amendment No. 1 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

MEN'S GARTER, SUSPENDER, AND BELT 

MANUFACTURING INDUSTRY 

As Approved on January 27, 1934 

ORDER 

APPROVING AMENDMENT TO CODE OF FAIR 

COMPETITION 

FOR THE 

MEN'S 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 16, 1933, for approval of an amendment to a Code of Fair Competition for the l\1en's Garter, Suspender, and Belt Manufacturing Industry, and hearings having been 

duly held 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 ~tates, I, Hugh S. Johnson, Administrator for Industrial Recovery, 

pursuant to authority vested in me by Executive Orders of the 

President, including Executive Order No. 6543-A, dated December 

30, 1933, and otherwise; do hereby incorporate, by reference, said 

annexed report and do 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 do hereby order that said amendment be 

36418°----313-143----34 (1) 
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and it is hereby approved, and that the previous approval of said 

Code is hereby modified to include an approval of said Code in 

its entirety as amended. 

Approval recommended: 

A. D. WmTESIDE, 

HUGH S. JOHNSON' 

Administrator for Industrial Recovery. 

Division Administrator. 

WASHINGTON, D.C., 

January 27, 1931,. 
The PRESIDENT, 

The White House. 

Srn: The Public Hearing on an amendment to the Code of Fair 

Competition for the Men's Garter, Suspender, and Belt Manufacturing Industry as proposed by the Code Authority for this Industry 

was cond ncted on D·ecember 22, 1933 in Room D of the Washington 

Hotel, Washington, D.C. Every person who requested an appearance was fairly heard in public in accordance with the usual requirements. Present were authorized representatives of the Code Authority for this Industry and representative members of the Industry. 

The Code of Fair Competition for the Men's Garter, Suspender, 

and Belt Manufacturing Industry, approved November 4, 1933, did 

not contain any Trade Practice Provisions. Article V, Section 4 of 

this Code provides that the Code Authority shall study provisions 

relating to trade practices and make recommendations thereon to 

the Administrator. Proposed Trade Practice Provisions were accordingly submitted by the Code Authority for approval, and formed 

the entire subject matter of this amendment. 

In final form this amendment has been approved by the Labor 

Advisory Board, Industrial Advisory Board, Research and Planning 

Division, and Legal Division of the National Recovery Administration. The Code Authority has indicated its approval of the Trade 

Practice Provisions on behalf of the Industry. 

The Deputy Administrator in his final report to me on said amendment to said Code having found as herein set forth and on the basis 

of all the proceedings in this matter: 

I find 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 Industnal 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 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 Subsection (a) of Section 3, Subsection (a) of Section 7, and 

Subsection (b) of Section 10 thereof. 

(3) 
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· (c) The Code empowers the Code Authority to present the aforesaid am_endment 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. 

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

to and will not eliminate or oppre ·s mall enterprises and will not 

operate to discri1ninate again t them. 

(f) Those engaged in other steps of the economic proce s haYe 

not been deprived of the right to be heard prior to approYal of aid 

amendlnent. 

For these reasons, these trade practice provision have been 

approved. 

Respectfully, 

JANUARY 27, 1934. 

Hr'GH S. JoHN. oN, 

Administ1·ator. 
AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

MEN'S GARTER, SUSPENDER, AND BELT 

MANUFACTURING INDUSTRY 

ARTICLE IX-TRADE PRACTICES 

The following practices are established as methods of fair competition for memoors of this industry and any violations of these shall 

be constituting an unfair method of competition. 

1. Customers shall be classified as follows : 

(a) General wholesale dry goods, jobbers, including exporters. 

(b) Specialty wholesale houses handling principally neckwear, 

belts, garters, suspenders, collar pins, and belt buckles. 

(c) Retail accounts purchasing direct from the manu~acturer. 

(d) Mail-order houses. 

(e) Chain stores. 

(f) Manufacturers' sales agents. 

The Code Authority may from time to time modify, amplify, 

and/or define the foregoing customer classifications ubject to the 

right of review by the Administrator. 

2. Any member of the Industry who markets any or all of his 

products through sales agencies or commission men and ·who retains 

title to such products, shall make it a condition that such sales 

agencies or commission men agree to be bound by and comply with 

all trade practice provisions of this Code to the same extent as applies 

to and is required of a member of the Industry. 

3. Terms of sale on all merchandise sold to various classes of 

customers, as hereinbefore defined, shall not be greater than the 

following: 

All customers in Class (a), 2% ten days E.0.1f., net sixty days. 

All customers in Class (b), 2% ten days E.O.M., net sixty days. 

All customers in Class (c), 2% ten days E.O.M. 

All customers in Class (d), 2% ten days E.O.M. 

All customers in Class (e), 2% ten days E.O.M. 

Invoices rendered for goods shipped on and after the twenty-fifth 

day of each month may bear the date of the first day in the following 

month, but no other dating shall be allowed, except as hereinafter 

provided. 

4. Garter belts sold to Corset Departments may be sold on cash 

and/or trade discounts not greater than eight percent (8%) ten 

days E.O.M. 

5. (A) No member of the industry shall give to any customer any 

trade discount, quantity discount, or any other discount, rebate, or 

allowance, except as prm·ided in Sections 3 and 4 hereof. The pro-

(5) 
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visions of this section hall not be construed to prohibit price differentials by any member of the industry between customers. 

(B) No member of the industry shall give to any customer any 

rebate or allowance of any kind on any merchandise because of a 

decline in price after shipment has been made. 

6. (A) " Holiday Goods " may be shipped to customers in Class 

(C) , as hereinbefore defined, at the manufacturer's convenience and 

not more than thirty (30) days' dating given, provided that such 

extra dating shall not make the discount date fall later than J anuary 10 of the following year; anticipation may be allowed at a rate 

not to exceed one hal£ of one percent monthly, but such datings and 

anticipation shall be confined exclusively to "Holiday Goods." 

(B) " Holiday Goods" may be shipped to customers in Classes 

(a), (b), (d), and (e), as hereinbefore defined, at the manufacturer's 

convenience and not more than sixty (60) days' dating given, provided that such extra dating shall not make the discount date fall 

later than January 10 of the following year; anticipation may be 

allowed at a rate not to exceed one hal£ of one percent monthly, but 

such datings and anticipation shall be confined exclusively to "Holiday Goods." 

The term "Holiday Goods", as used herein above, is defined to 

include any merchandise specially packed for the Christmas trade 

and intended to be sold for Christmas gifts, and having special containers or other designation appropriate to Christmas. All other 

merchandise is definitely excluded from the special terms provided 

in Section 6. 

7. No member of the Industry shall give, permit to be given, or 

directly offer to give anything of value for the purpose of influencing or rewarding the action of any employee, agent, or representative 

of another in relation to the business of the employer of such employee, the principal of such agent, or the represented party without the knowledge of such employer, principal, or party. Commercial bribery provisions shall not be construed to prohibit a general 

distribution of articles commonly used for advertising except so far 

as such articles are actually used for commercial bribery as hereinabove defined. 

8. No member of the Industry shall accept the return of any article for credit or exchange which is subject to the provisions of the 

Code, except on account of defects in manufacture; provided, however, that articles returned on account of errors in shipment, delay 

in deliYery, or failure to conform to specifications may be accepted 

if returned within ten (10) days from date of receipt by the 

customer. 

9. No merchandise shall be shipped on consignment, memoranda, 

or guaranteed sale. 

10. No member of the Industry shall sell any article, subject to the 

provisions of this Code, at a pnce below his individual cost. However, any member may meet the price competition of any competitor 

whose cost under this Code is lower. Cost for the purposes of this 

provision shall be determined in accordance with the uniform cost 

and accounting system provided for in Article V, Section 2, subsection ( i) hereof when such system is recommended by the Code Authority and approved by the Administrator. 
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11. The ale andjor deliYery of distre sed merchandise, discontinued styles, salesmen's samples, seconds, and faulty or defective merchandise falling below the manufacturer's standar l for regular goods, 

and all similar merchandise, shall be confined to two periods during 

the year, viz, one period from December 16 to January 31 and another 

period from July 5 to August 5 of each year, provided, however, that 

upon application to the Code Authority a Member of the Indu try 

may upon proper showing obtain permission to dispose of merchandise covered by this provision at other periods than those herein provided, and upon uch reasonable terms and conditions as the Code 

Authority may impo e. Merchandise sold in accordance with this 

provision shall be exempt from the provisions of Section 10. Any 

action taken by the Code Authority under thi provision hall be 

subject to reYiew by the Administrator. 

12. No member of the Industry shall make, directly or in dire tly, 

any advertising allowance to any customer. 

13. No extra discount shall be allowed on merchandise supplied 

to wholesale merchants for use as samples. Equipment rolls and 

folders may be supplied to wholesale merchants by manufacturers 

at a price of not less than the cost to the manufacturer. 

14. No member of the industry shall brand or mark or pack any 

goods in any manner which is intended to or does deceive or mislead 

purchasers with respect to the brand, grade, quality, quantity, origin, 

size, substance, character, nature, finish, material content, or 

preparation of such goods. 

15. No member of the Indu try shall by purchase or exchange, or 

in any other manner acquire another manufacturer's merchandise 

from any customer, for the purpose of affecting or in any manner 

influencing the sale of merchandise to such customer. 

Approved Code No. 94-Amendment No. 1. 

Registry No. 271-1-01. 

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UNIVERSITY OF FLORIDA 

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