Evening star. [volume] (Washington, D.C.) 1854-1972, 1896-10-13
FOREIGN COMPETITION.
President Thompson Addresses the
NntlonnI Live stock EXchnnGe.

President ThOmpsOn Addresses the
National Live Stock Exchange.
FORT WORTH, Tex, October 13.-At the
morning session of the National Live Stock
Exchange today President Thompson de-
livered his annual address. President
Thompson said in part:
Up to few years the producer OF this
country was successful and prosperous;
he entertained no fear of competition from
foreign lands: he practically had the mark
cts of the world open to him for the dispo-
sition of his vast surplus and at satisfac-
tory prices. These conditions becoming APP
parent to foreign consumers they set about
to discover II possible some country whose
product and surplus could be used to COM
pete with ours. 1t opened new fields for
the production of wheat and other cereals
South Africa and other heretofore unde-
veloped countries began the raising OF
wheat and other grains. The producers or
New Zealand, Australia, South America
and other countries were soon induced to
venture in the. to them. undetermined and
questionable experience Of finding mar
ket Tor their surplus beef and mutton, and
to such extent were their enterprises
carried that the receipts of these imports
at different foreign markets. In connection
with those sent by us, became so great as
to cause the price of the same to decline 10
a point where the European producers be-
gan TO appeal for legislation to protect
their home industry from ruin
In many sections such proh1blt1ve leglS-
Iation was secured, and our country being
the largest producing country. was the
greatest sufferer in consequence. 1t oc-
ours to me that the question as to whether
this legislation Is just, is not for us to es-
pacially consider out 1t behooves US to
satisfy, Lay, convince our European pro-
ducers and consumers that our live stock
and mea. food products are the healthiest
and best in the world, and that when any
distinction ia m 9ia IT ShOull he laVO-
of Our products.
ITO those of our friends interested In the
sheep industry. l would. with your approx
al. recommend, in order to successfully
compete in foreign markets with the sheep
raisers of other coun tries that less atten-
ton be paid to wool raising and more to
food qualities. 1t Is not particularly a
weight and flesh. which latter
accomplished by breeding: We have a good
example set us. which We may well initiate
that of the English sheep raiser. who
through proper breeding and care in feed
ing. produces mutton superior to ours in
selling and edible qualities. m inyestiga-
ton and careful study o. this question by
those Immediately interested will, l verify
believe. yield results that viii be surprising
and very satisfactory to the successful
breeder, and of great benefit to our indus
try. In a measure these suggestions apply
with equal force to the cattle and beef IN
dustry. AT 800 80 FH''''"H' -
"A more thorough study to improve tn
| beef-producing animal, in such manner a.
| to yield a less amount of fat and greater
amount of meat, will result in the producer
| obtaining an increase in the present mar
! ketable value of his animal sufficient II
amply repay him for the outlay of time
| and money necessary to bring about suct
| results. 1t is these minor details, in tn,
| aggregate so essential, that the produces
| must look to successfully compete Will
| his foreign competitor.