Deming graphic. (Deming, N.M.) 1903-1948, 1905-04-07
COMMISSIONER GARFlELD'S RE,
PORT ON BEEF INDUSTRY.

The report OF Commissioner Gar.
field on the beef industry has az last
been published. It must be some
what Of a surprise 10 those who have
been indulging In wholesale adverse
criticism upon the methods OF the
Chicago packers. as Il disclOses facts
and figures which clearly show that
the great food producers have been
innocent Of the seTi,us offenses with
which they have been charged. They
have been for a long time accused by
newspapers all over the country OF
extortionate prices demanded, and oh.
tanned, OF depression OF valyss OF cat.
Tie at the various stockyarls where
their business Is conducted, OF enor.
nous profits wholly disproportlonate
to the capital employed. and. In gen.
eral, Of so carrying on their business
that the public. under an organized
system OF spollation, we're being
robbed for their exclusive benefit.
We fnd now, however. that not
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 Il 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 eXhaustively treated
and no evidence OF any kind was dis.
covered. or even limited at. tending 10
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 remuneratiye 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 az least OF ;he
leading packers were losing money
on every head OF cattle slaughtered
II was not possible 10 advance the
prices Of beef in full proportion to The
grea, advance In the prices OF cattle
az that time"
After all that has been written re.
flecting upon the great business in.
terest engaged in the marketing and
distribution Of the product of one OF
the greatest OF our national indus.
tries, IL Is gratifying 20 all fair minded
people that the prajldlced attacks
upon II have failed OF verhcation.
and the great western packers may be
congratulated for having passed
through such a searching and thor.
ough Official investigation unsmirched
The results OF this investigation.
based as II Is upon exhaustive data,
officially obtained and verified by
United States government experts.
must be accepted without hesitation.
as the investigation was made under
circumstances that guaranteed com.
plete accuracy with a possible dispo-
siiion indeed. to arrive at entirely
different results