NATIONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETJIITION
WOMEN'S BELT INDUSTRY
UNIV. 0F-FL LIG.
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Approved Code No. 41--Amendment No. 3
Registry No. 902--1--01
AS APPROVED ON FEBRUARY 8, 1935
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Approved Code No. 41--Amendment No. 3
AMENDMENT TO CODE OF FAIR COMPETITION
WOMEN'S BELT INDUSTRY
As Approved on February 8, 1935
APPROVING AMENDMENT OF CODE OF FAIR COMPETITION FOR: THE
TVOMEN's BELT 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 the approval of an amend-
ment to a Code of Fair Competition for the Women's Belt Industryr,
and an opportunity to be heard having been afforded all interested~
parties and the annexed report on said amendment, containing find-
ings with respect thereto, having been made and directed to the
NOW, THEREFORE, on behalf of the President of the United
States, the National Industrial Recovery Board, pursuant to author-
ity vested in itbyExecutive Orders of the President, including
Executive Order No 859, and otherwise, does hereby incorporate,
by reference, said annexed report and does find that said amendment
and the Code as constituted after being amended comply in all re-
spects with the pertinent provisions and will promote the policy
and purposes of said title of said act, and does hereby order thiat saidl
amendment be and it is hereby approved, and that the previous ap]-
proval of said Code is hereby modified to include an approval of
said Code in its entirety.
NATIONAL INDUSTRIAL RECOVERY BOARD,
By W.~ A. HARI~RIAN, d(/liiinS'tr'ative Offi'cer.
Approval recommended :
PREN~TISS L. COONLEY,
WASSHINGTON, D. C.1
February 8, 135r.
REPORT TO THE PRESIDENT
The Wh~ite HRouse.
SmR: This is a report on, an, amendment to the Code of Fair Compe-
tition for the WPFomen's Belt I~ndustry.
Article VI: was amended by adding Section E which provides for
the limiting of the liability of Clode Authorityp members.
An opportunity to be heard was afforded all interested parties
and no objections have bee received by the. National Industrial
Recovery Board. The Na~tional Industrial Recovery Board has
also carefully considered the reports of the Industrial Advisory
]Boardl, L~abor Ad~visorly Board, Consumers' Advisory Board, Re-
sear~ch and Planning Division and the Legal Division of the National
Recovery Administration, which were made on this amendment.
The Deputy Administrator in his final report to the National
Industrial Recovery Board on said amendment to said Code, having
found as hlerein set forth and on the basis of all the proceedings in
I~t finds that.:
(a) The amendment to said Code and the C~ode, as amended, are
well designed to P romlote the policies andl purposes of Title I of the
National Indust rial Recovery AIct, including the removal of obstruc-
tions to the free flow of' interstate and foreign commerce which tend
to dliminlish the amount thereof, and will provide for the general
welfare1 by promontingo the organization of Industry for the purpose
of cooperative action of labor and management under adequate
governmental sanction and supervision, by chimmating unfair co~m-
p~etitive practices, by promoting the fullest, possible utilization of the
present productive capacity of Industries, by avoiding undue re-
striction of production (except as muay be temporarily required),
by increasing the consumlption of industrial and agricultural prod-
ucts through incr~easing purchasingi power, by reducing and relieving
unemployment, by impr~ovmgj standards of Inbor, and by otherwise
(b) The Clode, as amended, complies in all respects with the per-
tinent provisions of said Title of said Act, including without limi-
tation Sub-section (a) of Section 8, Sub-section (a) of Section 7
and Sub-sec~tion (b) of Section 10 thereof.
(c) The Code empowfers the Code Authority to present the afore-
said amendment on behalf of the Industry, as a whole.
(d) The amendment andl 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 oppress small industries and will not
operate to discriminate against th~em.
(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
For the above reasons, this amendment has been approved.
For the National Industrial Recovery Board:
WT. A. HAaRIMAN,
FEBRUARY 8, 1935.
AMZENDMENT TO CODE: OF 'FAIR COMPETITION FOR
TH~IE: WVOM\EN'S BELT INDIUSTRY
The following is to> be added to Article VI of the Code of Fair
Competition for the Women's B3elt Industry, to be designated as
Nothing contained in this Code shall constitute the members of
the Code Authority partners for any purpose. Nor shall any mem~-
ber of thle Code Authority be liable Inr any manner to anyone for any
act of another member, firm, agent or employee of the Code Author-
ity. Nror shall any mlember of the Code Authority, exercising ren-
sonlable diligence in the conduct of his duties hereunder, be liable to
anyone for any action or omission to act under this Code except for
hris owFpn wilful malfeasance, misfeasance or nonfeasance.
A~pprov'ed Code No. 41-Am~endment No. 3.
Regristry No. 902-1-01.
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