The pioneer express. [volume] (Pembina, Dakota [N.D.]) 1883-1928, 1905-03-17
COMMISSIONER GARFIELD'S RE.
PORT ON BEEF INDUSTRY.

The report of Commissioner Gar.
field OH the beef industry has at last
been published. 1t must be some.
what of surprise to those who have
, been indulging in wholesale adverse
| criticism upon the methods of the
Chicago packers, as it discloses facts
and figures which clearly show that
| the great food producers have been
| innocent of the serious offenseS with
! which they have been charged. They
have been for long time accused by
newspapers all over the country OF
eXtortionate prices demanded, and OBJ.
tanned, Of depression of values of cat
tie at the various stockyards where
| their business is conducted, of enor'
nous profits wholly disproportionate
to the capital employed, and, in gen.
eral, of so carrying on their business
| that the public, under an organized
system of spoliation, were being
robbed for their exclusive benefit.
We find now, however, that not a
,, single one of these charges has been
sustained but. on the contrary, that
rigid and searching Investigation, of
ficially made, has resulted in com
plete acquittal.
Instead of extortion it is shown that
, no industry can be found where SO
narrow a margin of profit prevails
the actual records and original en-
tries, to which the commissioner had
free access, showing that the high
est net profit any of the packers
made on their sales of beef was two
and three-tenths per cent in 1902 and
in one instance that the profit realized
in 1904 was one and eight-tenths per
cent.
The variations in the market prices
for cattle are extensively treated
and no evidence of any kind was dis
covered, or even limited at, tending to
show that values of cattle are in the
slightest degree improperly affected
or controlled by packers at any OF
the chief centers of the industry.
On the whole, the report completely
dissipates the prevalent idea that
great fortunes are being amassed by
illegal and improper methods en-
ployed by western packers, showing
, that Notwithstanding the high prices
for beef prevailing in 1902 the bust.
ness was less remunerative than in
years characterized by normal values,
both for cattle and product. He says
that the year 1902, instead of being
one OF exorbitant profits, as has been
commonly supposed, was less profit
, able than usual. In fact, during the
months when the prices Of beef were
the highest, some, at least, of the
| leading packers We're losing money
on every head OF cattle slaughtered.
1t was not possible to advance the
prices Of beef in full proportion to the
great advance in the prices Of cattle
; at that. time"
After all that has been written re-
fecting upon the great business in
terest engaged in the marketing and
distribution of the product of one Of
the greatest of our national indus
i tries, it is gratifying to all fair minded
people that, the prejudiced attacks
j upon 1t have failed of " yerification;
and the greas western packers may be
congratulated for having passed
through such q searching and thor
ough official investigation unsmirehed.
The results OF this Investigation.
based as 1T, isss upon exhaustive data.
oficially obtained aud verified by|
!. United States government experts,
must be accepted Without hes ltati0n,
us the inve8tfgnt ion swas made under
circumstances that guaranteed COM
plete accuracy with & pussihle diepu
sitioE indeed, u arrive Il o. SntlrelY
different reshits. y