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Approved Code No. 363-Amendment No. 4 Registry No. 248-1-02 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

MEN'S NECK\tVEAR INDUSTRY 

AS APPROVED ON JULY 20, 1934 

WE .DO OUR PART 

UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASIDNGTON: 1934 

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Approved Code No. 363-Amendment No. 4 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

MEN'S NECKWEAR INDUSTRY 

As Approved on July 20, 1934 

ORDER 

AMENDl\IENT TO ConE OF FAIR CoMPETITION FOR THE MEN's NECKWEAR 

INDUSTRY 

An application having been duly n1ade pursuant to and in full 

compliance with the provisions of Title I of the National Industrial 

Recovery Act, approved ~1arch 24, 1934, for approval of an amendment to a Code of Fair Competition for the Men's Neckwear Industry, and Notice of Opportunity to Be Heard having been published thereon and the annexed report on said amendment, containing 

fiindings with respect thereto, having been made and directed to the 

President: 

NOvV, THEREFORE, on behalf of the President o£ the United 

States, I, Hugh S. Johnson, Administrator for Industrial Recovery, 

pursuant to authority vested in me by Executive Orders of the 

President, ]ncluding 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 

and it is hereby approved, ancl that the previous approval of said 

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

entirety as amended. 

HuGH S. JoHNSoN, 

Administrator for I ndttStrial Recovery. 

Approval recommended : 

SoL A. RosENBLATT, 

Division Administrato-r. 

"\V .ASHINGTON, D.C., 

July ~0, 193ly. 

75203 °----829- 118----34 (1) 
REPORT TO THE PRESIDENT 

~he PRESIDENT, 

The White House. 

Srn: This is a report on the procedure followed by the National 

Recovery Administration in approving an amendment to the Code 

of Fair Competition for the Men's Neckwear Industry, as approved 

on March 24, 1934, which empowers the Code Authority to assess 

members of the Industry in order to obtain funds for purposes of 

Code Administration. This amendment carries out the terms of 

your Order of April 14, 1934. 

The amendment was submitted by the Men's Neckwear Code Authority on behalf of the Men's Neckwear Industry on June 20, 1934. 

A Notice of Opportunity to Be Heard to the Amendment, as proposed by the Code Authority, was subsequently issued, and an adequate opportunity was given all interested parties to voice their 

objections to the approval of this amendment. No objections, 

however, were filed with the Deputy Administrator. 

The Deputy Administrator in his final report to me on this 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 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 a~ricultural products through increasing purchasing power, by reduc1n&' and relieving 

unemployment, by improving standards of labor, ancL by otherwise 

rehabilitatin_g 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. 

(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 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. 

Respectfully, 

JULY 20, 1934. 

HuGH S. J9FtNSON, 

Adnrdnistrator. 
A~fEND~fENT TO CODE OF FAIR C0~1PETITION FOR 

THE MEN'S NECKWEAR INDUSTRY 

Section 6 of Article V of the Code and subsections (f) and (g) 

of Section 8 of Article V shall be deleted. 

The following shall be added to Article V to become Section 10 

thereof: 

10. (a) It being found necessary in order to support the administration of this code and to maintain the standards of fair CQmpetition established hereunder and to effectuate the policy of the Act, 

the Code Authority is authorized: 

( 1) To incur such reasonable obligations as are necessary and 

proper for the foregoing purposes, and to meet such obligations 

out of funds which may be raised as hereinafter provided and 

which shall be held in trust for the purposes of the Code; 

(2) To submit to the Aillninistrator for his approval, subject to such notice and opportunity to be heard as he n1ay 

deem necessary (1) an itemized bud()"et of its estimated expenses for the foregoing purpQses, and (2) an equitable basis 

upon which the funds necessary to support such budget shall 

be contributed by members of the industry; 

(3) After such budget and basis of contribution have been 

approved by the Administrator, to determine and obtain equitable contribution as above set forth by all members of the industry, and to that end, if necessary, to institute legal proceedings therefor in its own name. 

(b) Each member of the industry shall pay his or its equitable 

contribution to the expenses of the maintenance of the Code Authority, determined as hereinabove provided, and subject to rules and 

regulations pertaining thereto issued by the Administrator. Only 

members of the industry complying with the code and contributing 

to the expenses of its administration as hereinabove provided, unless duly exempted from making such contributions, shall be entitled 

to participate in the selection of members of the Code Authority 

or to receive the benefits of any of its voluntary activities. 

(c) The Code Authority shall neither incur nor pay any obligation in excess of the amount thereof as estimated in its approved 

budget, except upon approval of the Administrator; and no subsequent budget shall contain any deficiency item for expenditures in 

excess of prior budget estimates except those which the Administrator shall have so approved. 

Approved Code No. 363-Amendment No. 4. 

Registry No. 248-1-02. 

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