The new enterprise., 1905-04-13

"a /. Fsausd - - Esv--asl~ 60 rAs Ca,
PaaLars-

Paazsrs-
Tta rrv1r- q Cauzlssinuer q Car.
-1r1-.aus Gar4s.l ca tha hses .-,.rs-
y. rc.ar aloz- sighr -oz-hs l--ss-
-zarlau n CE-saE8 ana s-szp la-a.
a1nwt thac -hags has teeu al s-or16u.
1za6znr az exa Ezezat-ou tn the srite-
-au-s -Ea- lave appeared s7r some
--s cnsr = regard % t1s 5ass 5-s,.
,ass. Tlz.s -zvesc-zAtzs1 TIA Sc. On
ss1c y 4 rss1.stIsz q lie E5rsa Ct
asgre4ez "a cvsa aIoptes Narrh :. llO4
Az ne 1S,e-1alas1 faers after -osr
-z-t ezA uzLrafssu q TIE methods a,d
zz-4-aI -5-GEcr % re b=a.Esss gre
-1u-a nd n repor- covering Us
-a-ss. Ia E<zrss azG tzb.ss euEe.r.
svsly sl1-E tkat he pop1-ar bs,-at n
a-c-u-.y1s p-,Gtz raS~ by tie -sr-e
ra-ks-r. sEc5 az AMOR 4 Co. Sv.f,
L Go lE5 SeiE5z N0r-ls 4 ca. AID
n tEe axr.-s.vs csutr,i ot the buri.
zsss Ez.-t zz-T tairk tAey srIoy. .
really r.rAazt foan6atis<.
TIE -spor- made % Press1szt Rooss-
yet sy CcuE.ssS9ue- Carried Is -v1i-
= ~ srst 51-.aI statement q the ae-
rEzl cczd-t.5Es os the b-~f Business
t1at has heez zzds. ard - I'll the coa-
-.-s.0as arrived az are 5gsed- ss shown
y En. upol Gata odcizIly obtained
there seerzs 70 be 70 rsasoz WY they
st5zE Doc be regarded as reliable AID
= ~ rzFy~e-s Jrusrwortky-
TL-s rs-1rt saors why the price of
tcrE cattle -zt 5eef advanced TO the
-.zzss- le-ei ever known after the
s-1y- eoTa crsp ot 1901 ard rates that
-z-c1 uzs OS tie decrease IL Eumbe- Of
s1--ie ard sIs3 II decreased We sht,
Ike E.zh p7.ccs o: beet which caused
- ----h complaint anoaz consumers
- -l.s tine we're attributable wholly
% z. .ss abnormal cattle prices
AZ lie EggreS of the 1--we weight and
..ve COS: Ct al dressed 5esf cattle were
c5-s.1eI from actual killing records.
AID a. Information Of every Kind OBJ
-a.-ed by the Commissioner was vo.un-
-a-.,y zud freely offered by the pack
e-s. ell books Of record aud papers
connected with the business having
,4sE p.sccd q; his disposal
To uzke certain that the results OF
The Investigation should be absolutely
accurate. TIE Commissioner states that
q tout p method % ascertainlug proGts
vas adopted. and. without going into
Ietal Lerc. i is found that the colclu-
son arrived q, shows an average profit
q 20 cents per head. The Conmis-
s.9Le- says the close pdralleHsm in
the results OF the two methods OF as
certain.ng the profts confirms CON-
p.etely tie correctness OF the general
couclu s.ons." Il Is clearly established
that western packers do not control
uo-e than half Of the beef supply Of
TIE United States" the conclusion Of
tie Commissioner being that the busI-
ness done by them amounts TO about
- per cent Of tie totaI slaughter VI
The country.
The whole report Is extremely inter
esyiag and well worthy Of careful pc
russL As an Official report it may be
regarded as worthy Of confidence, and
It certainly leads the reader 70 the
conclusion arrived at by the Commis-
siouer when be states that ~the capi-
talization Of none OF these concerns is
excessive as compared with its actual
investment" and that from thorough
and rigid examination of original en-
tries In books aud papers TO which be
had access there was also indirect evil
denee that the profits Of the packers
IN their beef business are less than is
frequently supposed" as shown by
comparison between the total profits
and the total amount Of sales.