Green’s Dictionary of Slang

stretchers n.

1. braces (i.e. US suspenders).

[UK]Farmer & Henley Sl. and Its Analogues.

2. shoelaces.

[UK]W.H. Davies Autobiog. of a Super-Tramp 211: There is not much profit in a pair of stretchers (laces) or a packet of common sharps (needles).
[UK]W.H. Davies Adventures of Johnny Walker 191: Laces – stretchers.
[US]Irwin Amer. Tramp and Und. Sl. 185: stretchers.–Shoe laces.
[US]Monteleone Criminal Sl. (rev. edn).
[US]Ragen & Finston World’s Toughest Prison 820: stretchers – Shoe laces.