Approved Code No. Hi-Amendment No.1 Registry No. 241-02 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

HOSIERY INDUSTRY 

AS APPROVED ON FEBRUARY 2, 1934 

'WE DO OUR PART 

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1 I { I I 

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WASHINGTON : 1934 

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(II) 
Approved Code No. 16-Amendment No. 1 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

HOSIERY INDUSTRY 

As Approved on February 2, 1934 

ORDER 

APPROYING MoDIFICATION OF THE CoDE oF F Am CoMPETITION FOR THE 

HosiERY INDUSTRY 

MODIFICATION NUMBER 4-MODIFICATION OF SECTION 7 OF ARTICLE IV, 

CONCERNING OPERATIONS OF FULL-FASHIONED FOOTING EQUIPMENT 

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 a modification of a Code of Fair Competition for the Hosiery Industry, and 

the annexed report on said modifi cation, containing findings with 

respect thereto, having been made and directed to the President: 

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

States, 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 such modification and the Code as 

constituted after being modified 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 modification be 

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 modified, such modification to take effect seven days from 

the date hereof, unless good cause to the contrary is shown to the 

Administrator before that time, and the Administrator issues a subsequent order to that effect. 

HUGH s. JOHNSON' 

Administrato1' jo1' Industrial Recovery. 

ApproYalrecommended: 

A. D. wHITESIDE, 

D i·vision Adm;inistrator. 

WASHINGTON, D.C., 

FebTua:ry B, 1934. 

(1) 

• 
REPORT TO THE PRESIDENT 

The PRESIDENT, 

The 1r hite H o'use. 

SIR: The Deputy Administrator in his final report to me on the 

modification of said Code having found as herein set forth and on 

the basis of all the proceedings in this matter: 

I find that: 

(a) The moclifica tion of said Code and the Code as modified are 

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

the National Industrial Recovery Act including the renwval 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 aYoiding 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 improYing standards of labor, and by otherwise 

rehabilitating industry. 

(b) The Code as modified 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 modification on behalf of the industry as a whole. 

(d) The modification and the Code as modified are not de igned 

to and will not permit monopolies or monopolistic practices. 

(e) The modification and the Code as modified 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 appronll of 

said modification. 

Said modification i. · accordingly approved. 

Respectfully, 

FEBRUARY 2, 1934. 

(2J 

HUGH s. J OHNSO~' 

Administrator. 
AMENDMENT TO CODE OF FAIR COMPETITION FOR 

THE HOSIERY INDUSTRY 

The Code of Fair Competition for the Hosiery Industry is hereby modified by the substitution of the following language in place 

of Section 7 of Article IV of the Code as approved by the President 

on August 26, 1933 : 

"Members of the Industry may operate their full-fashioned footing equipment either on a one-shift or a two-shift basis. If a 

member of the Industry operates on a one-shift basis, the length of 

such shift shall not exceed forty ( 40) hours in any one week, and 

if he operates such equipment on a two-shift basis, the length of 

each shift shall not exceed thirty-six (36) hours in any one week. 

I n the latter event, the rates paid to knitters, kintting-helpers, and 

toppers working on such thirty-six (36) hour shifts shall be. such 

as to provide them earnings equal to those which they would receive 

if they were working on a forty ( 40) hour shift." 

ApproYecl Code No. 16-Amendment No. 1. 

Registry No. 241-02. 

(3) 

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