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 EXHIBIT A

 PART 3

 AS REVISED AUGUST 18, 1933 AND CITLY CIHTAIIIIITG CH;JIGED PORTIONS


 ARTICLE I DEFIZTITIONS



 ARTICLE II STATUTORY LABOR PROVISIONS
 ***

 ARTICLE III CHILD LABOR



 ARTICLE IV -AGS

 On and after the effective date the minimum rware that shall be
paid by any employer to any of his erm-oloyees shall be at the rate of:

 (1) 300. per hour when employed outside of Greater New York and
 immediate vicinity.

 (2) 350. per hour when employed within Greater New York and
 immediate vicinity.

 Provided, however, that learners, for a period of not more than
three months, shall not be paid less than 80% of the above minimum rates.
A learner is hereby defined as a factory worker, who has never worked in
the industry.

 The total numbers of learners in any factory shall at no time exceed
15% of the total number of factory employees.

 ARTICLE V- HOURS




 ARTICLE VI LABELS



 ARTICLE VII HAIDBAG CODE AUTHORITY

 (a) The responsibility for the administration and enforcement of this
Code shall be vested in a Handbag Code Authority. This Handbag Code
Authority shall be selected by the Board of Governors of the Associated
Handbag Industries of America, Inc., and shall be truly representative
of the industry.