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Registry No. 1333-l-Q2 

NATIONAL RECOVERY ADMINISTRATION 

CODE OF FAIR COMPETITION 

FOR THE 

1\:NITTING, BRAIDING 

AND WIRE COVERING MACHINE 

INDUSTRY 

AS APPROVED ON OCTOBER 3, 1933 

BY 

PRESIDENT ROOSEVELT 

WE 00 OUR PART 

1 . . - ,,, ~ ---

J:. Exe-eutive Order 

U.S. OE 0:312. L Transmittal L------ 3. Code 

UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASHINGTON : 1933 

For sale by the Superintendent of Documents, Washington, D.C. - - - - - - - - Price 5 cents 
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This publication is for sale by tlle Superintendent of Documents, Government 

Printing Office, Washington, D.C., and by district offices of the Bureau of Foreign 

and Domestic Commerce. 

DISTRICT OFFICES OF THE DEPARTMENT OF COMMERCE 

Atlanta, Ga.: 504 Post Office Buildino·. Birmingham, Ala. : 257 Federal Building. Boston, Mass.: 1801 Customhouse. Buffalo, N.Y. : Chamber of Commerce Building. 

Charleston, S.C. : Chamber of Commerce Building. 

Chicago, Ill.: Suite 1706, 201 North Wells Street. Cleveland, Ohio : Chamber of Commerce. Dallas, Tex. : Chamber of Commerce Building. 

Detroit, Mich.: 2213 First National Bank Building. 

H ouston, Tex. : Chamber of Commerce .Building. 

In di n napolis, Ind. : Chamber of Commerce Building. 

Jack onvllle, Fla.: Chamber of Commerce Building. 

Kansas City, Mo. : 1028 Baltimore A venue. 

Los Angeles. Calif.: 1163 South Broadway. 

Louisville, Ky.: Room 405, 42.1 West Market Street. 

Memphis, Tenn. : 266 South Water Street. 

Minneapolis, Minn. : 213 Federal Building. 

New Orleans, La.: Room 225-A, Customhouse. 

New York, N.Y. : 734 Customhouse. 

Norfolk, Vn.: 406 Ea t Plume Street. 

Philadelphia, Pa. : Room 812, 20 South Fifteenth Street. 

Pittsburgh, Pa.: Chamber of Commerce Building. 

Portland, Oreg. : 215 New Post Office Building. 

St. Louis, Mo. : 506 Olive Street. 

San Francisco, Calif. : 310 Customhouse. 

Seattle, Wash.: 1406 Vance Building. 

(II) 
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EXECUTIVE ORDER 

CoDE OF F Am C l\IrETITI N FOR THE KNITTING, 13R_\.IDING, AND WrnE 

ovERING ~lACHINE I -nusTRIES 

An application haYing b en dulv made, pur uant to and in full 

compliance with the pro vi ion of title I of the National Inclu trial 

Recover \.. t, approYed J un 16 1933, for my approval of a Code 

of Fair '~ompetition for the ICnitting Braiding, and \Vir Covering 

:Machine Industries and hearings having been held there n and the 

Admini trator ha vin · r nclered his report containing an anal} _is 

of the sai 1 c de of fair mpetition together with his recommendation and findings with respect thereto, and the Aclmini tr·ator hav- incr found that the aid code of fair competition complie in all 

respects with the pertinent provi ions of title I of ail act and that 

the r quirement of clause (1) and (2) of sub ection (a) of ection 3 

of the ~ai 1 act haYe been met : 

K \\ THEREFORE I, Franklin D. Roo evelt, Pre ident of 

the Unit d State. pur uant to the authority vested in me by title I 

of tlie T ational Indu trial Reco ery A t a pproYecl June 16 193 , 

an l otherwi e do approve the report and recommendation an l 

~dopt the finding of the Admini trator a11cl do order that the said 

Cod of Fair Com petition be and it is her by a pproY d. 

TIIE \V IIITE H . E 

e1Jte11~ber 1DJ3. 

Approval recommend d: 

HuGH . JoHN oN 

Adminisf1·ato1'. 

142~7°---- 13 -163----33 

FRANKLIN D. ROOSEVELT. 

(III) 
SEPTEMBER 20, 1933. 

The PRESIDENT, THE WHITE HousE. 

l\'fy DEAR J\1n. PRESIDENT: I have the honor to submit and recomment for your approval, the Code of Fair Competition for the Knitting, Braiding, and \Vire Covering Machine Industries. 

The following exhibits are included or attached: 

(1) Final Code Submitted 

(2) Notice of Hearing 

(3) Statement of Procedure 

( 4) Transcript of the Records 

( 5) Statistical Analysis of the Division of Economic Research and Planning 

( 6) Report of Deputy Administrator 

An analysis of the provisions of the Code has been made by the 

Administration. I find that the Code complies with the requirements of Clauses 1 and 2, Subsection (a) of Section 3 of the National 

Industrial Recovery. Act. 

I am, my dear Mr. President, 

Very sincerely yours, 

• (IV) 

HUGH s. JOHNSON' 

Adrninistrator . 

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JOINT CODE OF FAIR COMPETITION FOR THE KNITTING, 

BRAIDING, AND WIRE COVERING MACHINE INDUSTRY 

AS SUBMITTED BY KNITTING MACHINE MANUFACTURERS' ASSOCIATION AND THE BRAIDING AND WIRE COVERING MACHINE 

ASSOCIATION 

ARTICLE I-PURPOSE 

To effectuate the policy of Title I of the National Industrial Recovery Act, during the period of the emergency, by reducing and 

relieving unemployment, improving the standards of labor, eliminating competitive practices destructive of the interests of the public, 

employees and employers and otherwise rehabilitating the Knitting, 

Braiding, and Wire Covering Machine Industries, the following provisions are established as a Code of Fair Competition for these 

Indus tries : 

ARTICLE II-DEFINITION 

The term " Knitting Machine Industry ", as used herein, is defined 

to mean manufacturers of knitting machines and parts used in these 

machines. 

The term "Braiding and vVire Covering Machine Industry", as 

used herein, is defined to mean manufacturer of braiding machines, 

wire covering machines, and parts used in these machines. 

The term " Industries", as used herein, means both the" Knitting 

Machine Industry" and "Braiding and Wire Covering l\fachine 

In lustry ", as defined above. 

The tBrm "employee", as used herein, includes any person engaged in any phase of the Industry, in any capacity, in the nature 

of employee irrespective of the method of payment of his compensation. 

The term ' employer", as used herein, includes an one for whose 

ben fit such employee is so engaged. 

The term "effective date", as used herein, is defined as ten days 

after this Code shall have been approved by the President of the 

United States. 

The term ' admini trator ", as used in this Code, means the Administrator appointed by the President to A lminister Title I of the 

National Indu trial Recovery Act. 

ARTICLE III-PARTICIPATION 

Any employer may participate in the endeavors of the l{nitting 

Machine Manufacttu·er ' s ociation and/or the Braiding and Wire 

Covering Machine A sociation relative to the revi ions of or additions to this Code by accepting the proper pro rata share of the 

(1) 
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cost and responsibility of creating and admini tering it, either by 

becoming a member of one of the said a sociations or by paying 

to it an amount equal to the pro rat a share of such member of the 

costs incident thereto. There shall be no inequitable restrictions 

placed upon admission to membership of either of the Associations 

referred to in this Code. 

A RTICLE IV-ADMINISTRATION 

To effectuate the policies of this Act a Committee is hereby designated to cooperate with the Administrator as a Planning and Fair 

Practice Agency for the I ndu tries. This Committee shall consist 

of three members from each of the A sociations referred to in this 

Code, selected by a f air method of selec6on and the seventh member of the Cmnmittee is to be desio·nated by each of the two Associations in joint agreement. The President may also appoint three 

members of this Agency to serve without the power of voting. Such 

Agency shall collect necessary and pertinent information relative to 

the operation of this Code and shall from. time to time present to 

the Administrator r ecommendations based on conditions in the Industry as they may develop which will tend to effectuate the operation 

of the provisions of this Code and the policy of the National Industrial Recovery Act. All action taken by this Agency shall be subject 

to the approval of the P r esident and/ or the Adn1inistrator. 

ARTI CLE V-LABOR REGULATIONs 

(a) Employers in these Industries shall comply with the following requirements of Section 7 (a) of Title I of the National Industrial Recovery Act : 

1. That employees shall have the right to organize and bargain 

collectively through representatives of their own choosing, and shall 

be free from the interference, restraint, or coercion of employers of 

labor, or their agents, in the designation of such r epre entatives or 

in self-organization or in other concerted activities for the purpose of 

collective bargainina or other mutual aid or protection; 

2. That no employee and no one seeking employment shall be required as a condition of employment to join any company union or 

to refrain from joining, organizing, or assisting a labor organization 

of his own chao. ing; and 

3. That employers shall comply with the maximum hours of labor, 

minimum rates of pay, and other conditions of employment, approved 

or prescribed by the President. 

(b) On and after the effective date the minimum wage that shall 

be paid by employers in the Industry to accounting, clerical, and 

office employees shall be at the rate of not less than $14.00 per week 

and to all other employees (except learners during their initial 90 

days, and apprentices, not to total more than 5 percent of the average 

yearly number of employees) shall be at the rate of not less than 40 

cents per hour regardless of whether the employee's compen ation is 

otherwise based on a time rate or upon a piecework performance; 

provided, however, that where a State law provides a higher minimum wage, no person employed within that State shall be paid a 
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wa a b low th at r qnir l b law and provided f urther, 

that in no a e h, ll th compen ·ation of any em1loy es exprc · ly 

xc .pt d. in thi ction (b) be l ~s t han 0 p rcent of the minimum 

r ate f pa herein .-tabli h d. . (c) On and after th eff ·tiv late, employer in th Inc1u try shall 

not op r at n a checlule of hour of labor for their employees (exept ,- cutive upervi r~r t aff and ut ide c::ale men ) in ·ce s of 

40 h urs per ''e k · provided, how ver that durino· an emero·cncy or 

any· 1 riod in "-hich a concentrat c1 demand upon an r di1i. ion of the 

Indu tr hall place an unn ual and tempor ary bur 1en for production upon it f aciliti an employee of uch division may be p rmitted 

to w rk no+- more than 4 hours per week in not more than weeks 

of any i:s months' period· provided, further, that the tot al hours of 

work hall not average mor e than 40 hotlrs per \Veek in any ix 

months' period. \\There in an ca e an employee i worked in exces 

of 8 hours per day, time and one half shall be paid for the excess 

hour o '\\orked. 

(d) There hall be an quitable adjustment of wages above the 

minimum herein pre cribed, to the end that so far as may be 

equitable the differ entials which now exist bebYeen the wage r ates 

paid to skilled workers and those paid for unskilled labor shall be 

pre en ed. 

ARTICLE VI-CHILD LABOR 

On and after the effectiYe date of this Code, employers in either 

or both of these Industries shall not employ any minor under 16 · 

year of age; provided, however that where a State law specifies 

a hi o-her minimum age no person below the age so specified by such 

law shall be employed within the St ate, and, provided further, that 

no minor under 18 years of age shall be employed on hazardous 

metal-working machinery. 

ARTICLE VII-UNFAIR ::!YfETHons oF CoMPETITION 

For all purpose of this Code the acts described below shall contitut unfair methods of competition. 

(a) To sell an product ( s) or ervice ( s) below the manufacturer's 

rea on able cost of such product (s) or service (s). 

1. For thi purpo cost i d fined as the co t of direct labor plus 

th cot of materials plus an adequate amount of overhead including an amount for the use of any plant facilities employed as determined by o t accounting methods r ecognized in their r pective 

industries and approved y the committee con titut d for the enforce~ 

ment of thi Code as proYided in Article IV and the Administrator. 

(b) To discriminate bet we n purcha ers of the same class. 

(c) To eno-age in acts of comm rcial bribery. 

( 1) To o-ivc secr et rebates. 

(e) To accept ol1 machines as part payment for new rna hines or 

parts. 

(f) To ell machine other than f.o.b. factory. 

(g) To copy or duplicate the machin s of an e tablishecl buill r 

of Knitting, Braiding and Wire Covering Machin ry or parts f r 
UNIVER SITY OF FLORIDA 

111111111111111111111111111 1111111111111111111111111111111111111 

3 1262 08855 5635 

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recognized machine and ell them at prices under the reusonab~e 

cost of the original manufacturers as approved by the Planning and 

Fair Practice Agency and ubj ect to review by the Administrator. 

ARTICLE VIII- TERMS OF SALE 

Ca h terms shall be 30 days on machines and parts-no eli ·count for 

cash hall be more than 2 percent and payment must be male within 

ten day ·. No agr eement of sale shall be for a longer period than 

twelve months. Rea .. onable financing and interest charges are to be 

paid by the purchaser. Stocks or bonds of the purchasing company hall not be accepted in lieu of ca ·h. All extended term sales 

t o be covered by Conditional Sales Contract or legal lien. Initial 

ca h payment shall not bo le s than 25 percent payable with order, 

or when m.achines are delivered. No machines shall be put out on a 

rental basis. 

AnTICLE IX 

It is expressly understood that no provision of this Code shall be 

interpreted in such a way as to condone or permit conduct or 

oper ations : 

(a ) Tending to permit monopolies. 

(b) Permitting or encouraging unfair competition. 

(c) Tending to eliminate or oppress small enterprises or to discriminate against small enterpri es. 

ARTICLE X 

This Code and all the provisions thereof are expressly made subject to the right of the President, in accordance with the provision 

of Clau e 10 (b) of · the National Industrial Recovery Act, from 

time to time cancel or modify any order, approval, license, rule, 

or regulation issued under Title I of said Act, and specifically to 

the right of the President to cancel or modify his approval of this 

Code or any conditions imposed by him upon his approval thereof. 

Such of the provision of this Code as are not required to be 

included herein by the National Industrial Rocovery Act may, with 

the approval of the President, be modified or eliminated as changes 

in the circumstances or experience may indicate. It is contemplated 

that from time to time supplementary provisions to this Code or 

additional codes will be submitted for the approval of the President to prevent unfair competition in price and other unfair and 

destructive competitive practices and to effectuate the other purposes 

and policies of Title I of the National Industrial Recovery Act consistent with the provisions hereof. 

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