The Washington herald., 1911-10-22
WILLIAM HOPE TELLS OF FARMERS FUTURE

trolls prices at both ends. No such state
OF affairs would be endured in Great
Britain.
I. have asked a good many Americans
the name of their emperor. They have
looked al me in astonishment or pity,
thinking me ridiculously isnorant. we
have no emperor they have seriously
answered because the United States is
a republic
oh, yes. you have 1 have said.
His name is J. Pierpont Morgan
And such Is the fact. Practically all
Of your trusts are of his creation. More
over, he controls the prices of shares on
Wall street, putting them up and down
at his pleasure. Furthermore, he Is
now attempting to get the banking in
terests of New York into his own man.
aGement He is the emperor of Ameri-
can business and business is paramount
power than any monarch in the world,
except. perhaps, the Gar of Russia.
England has no such dominating char
acter, private or official Neither has
France, Austria. or Germany, though
the latter is ruled by William IL"
Where will the future meat supply
Of the world be obtained?"
In the United States, cattle will soon
be raised on foot instead of on horse
pear, and the small farmer with a dozen
or a hundred steers will take his place.
Land here is being turned from pastur-
age into cultivated fields. South of you is
Mexico with great stretches Of land suit
able for producing beef When farming
becomes intensive in your country. and
every farmer. almost, is raising cattle
and sheep. local slaughter-houses will
be built and the meat trust. as see it.
Will by reason OF competitor, lose some
of its power to establish prices.
The Beef Trust Moves south.
'Is the American trust doing any busi-
ness in the Argentine Republic?'
The Armour Company recently bought
some land in La Plata. and am inform
packing plant. Several American COM
ranies are shipping meat to Austria, Bel
gium, Italy, Spain. and Great Britain.
They are not connected, however, with
the American trust. In my opinion, the
will hardly succeed in getting
control of our meat business. The peo-
pie take pride in the enterprises they
start, and develop into profitable under
takings. The oldest company, organized
thirty years ago, is still composed Of
cattle producers and land owners. 1t
las Deen IN the frozen meat business
from the very beginning and will scarce
ly surrender to strangers"
An agent of the United States gov
ernment, l said. lis now in Ar
gentina for the purpose of learning what
II costs TO produce a pound of wool?"
Yes. and he is an able man, but
fear he will find II difficult TO get at the
facts. 1 once managed a flock of A.
900 sheep. At that etime there was no
market for fresh mutton and our in
come was derived entirely from the sale
of wool. pelts, and tallow. We burned
the meat of one sheep to render the
tallow out of another sheep. Refrigerator
ships. OF course, changed the situation.
Wool. back in those days, was grown
for cents a pound. including interest
on investment. herding, dipping, and
clipping. Since then land has gone up
in price, but as an offset the weight of
the average fleece has increased.
'Flocks everywhere are diminishing
There were said to be 100000 900 sheep
in the world twenty-eight years ago.
There are only 800, 100000 now. Sheep
require great areas on which TO craze
The plow. therefore, reduces them in
number and keeps pushing them back
Rich grass lands are worth more for
crop, especially wheat. than for pastur-