IONAL RECOVERY ADMINISTRATION
CODE OF FAIR COMPETITION
::: FOR THE
6 NECKWEAR INDUSTRY
8 APPROVED ON JULY 20, 1934
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fI*BM~t NT PRINTING OFFICE
WASHINGTON s 13U
al Ducumenr Wautlaua. D.C. .- Price Iem
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Approved Code No. 363--Amendment No. 4
AMENDMENT TO CODE OF FAIR COMPETITION
MEN'S NECKWEAR INDUSTRY
As Approved on July 20, 1934
AND' DNEND T TO CODE OF FAIR COMPETITION FOR THE IEN'S NECKWEAR
I- 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 March 24, 1934, for approval of an amend-
mont to a Code of Fair Competition for the Men's Neckwear In-
iiidustry, and Notice of Opportunity to Be Heard having been pub-
F lished thereon and the annexed report on said amendment, containing
Sfiidings with respect thereto, having been made and directed to the
-: OW THEREFORE, on behalf of the President of the United
7 States, I, Hugh S. Johnson, Administrator for Industrial Recovery,
S rsant to authority vested in me by Executive Orders of the
President, including Executive Order No. 6543-A, dated December
30, 1938, 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
S pItinent provisions and will promote the policy and purposes of
said Title of said Act, and do hereby order that said amendment be
S 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.
A:d i "HUGH S. JOHNSON,
Administrator for Industrial Recovery.
: Approval recommended:
SOL A. ROSENBLAT,
r: Division Administrator.
July 0S, 1934.
REPORT TO THE PRESIDENT
The PBESIDET, -
The White House.
Sm: 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 i
on March 24, 1934, which empowers the Code Authority to assess" i::!7
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 Au- :
thority on behalf of the Men's Neckwear Industry on June 20, 1934.
A Notice of Opportunity to Be Heard to the Amendment, as 7 p: :!
posed by the Code Authority, was subsequently issued, and an ade-
quate opportunity was given all interested parties to voice their
objections to the approval of this amendment. No objections,e .p
however, were filed with the Deputy Administrator.
The Deputy Administrator in his final report to me on this amend& (
ment to said Code, having found as herein set forth and ont..e :::
basis of all the proceedings in this matter:
I find that:
(a) The amendment to said Code and the Code as amended ax.q*J
well designed to promote the policies and purposes of Title I.of the
National Industrial Recovery Act including the removal of obstruac i:, ,
tions to the free flow of interstate and foreign commerce which i
tend to diminish the amount thereof, and will provide for the gea
eral welfare by promoting the organization of industry for the pure ..:
pose of cooperative action among trade groups, by inducing and
maintaining united action of labor and management under adqe.,
quate governmental sanction and supervision, by eliminating unf.ir.
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 prod-,
ucts through increasing purchasing power, by reducing and relieving
unemployment, by improving standards of labor, and by otherwise
(b) The Code as amended complies in all respects with the peti- S
nent provisions of said Title of Said Act, including without limita-
tion 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 afore-
said 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.
KAL i' j
:i;.,pe rate to discriminate against them.
S(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
SFor these reasons, this amendment has been approved.
I. : HUGH S. JoPTnsoN,
l ia.: 2O, 1924.
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a3I._l SIili JL %i JUt E rlY raI -L.J[6 AlJ.J J r JL JI.L Jt..r
THE MEN'S NECKWEAR INDUSTRY I
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 Serita:::.
10. (a) It being found necessary in order to support the admini- '.
tration of this code and to maintain the standards of fair compe-,
tition established hereunder and to effectuate the policy of th At, I
the Code Authority is authorized:
(1) To incur such reasonable obligations as are necessary II
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 Administrator for his approval, sub-
ject to such notice and opportunity to be heard as he may
deem necessary (1) an itemized budget of its estimated ex- 4
penses for the foregoing purposes, and (2) an equitable basis i
upon which the funds necessary to support such budget shall :'iil
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 equi" :i
table contribution as above set forth by all members of the in-.:
dustry, and to that end, if necessary, to institute legal pro- :'.:
ceedings therefore 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 Au-
thority, determined as hereinabove provided, and subject to rules and I'$
regulations pertaining thereto issued by the Administrator. Only.
members of the industry complying with the code and contribute ig
to the expenses of its administration as hereinabove provided, i- :u
less 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 obliga-
tion in excess of the amount thereof as estimated in its approved
budget, except upon approval of the Administrator; and no subse- :
quent budget shall contain any deficiency item for expenditures in':::
excess of prior budget estimates except those which the Adminis-' i
trator shall have so approved.
Approved Code No. 363-Amendment No. 4.
Registry No. 248-1-02.
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UNIVERSITY OF FLORIDA
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