The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1918-11-15

we're as follows:
producer and the insurance of an ade- +
quate future supply.
These foreign orders are placed
upon the basis of cost Of hogs to the
packers.
As the result Of long negotiations
between this body and the Packers
Committee. representing the 45 to so
packers participating In foreign Or
ders, together with the Allied buyers,
all under the Craftsmanship Of the
Food Administration, the following un-
dertaking has been given by the pack
ers:
In view OF the und rtakings on the
part of the Food Adn Illustration with
regard to the co-ordinated purchases
OF pork products. covered In the at,
tached II is agreed that the packers
participating In these orders will up-
dertake not to purchase hogs for less
than the following agreed mlnimums
for the month OF November, that Is a
daily minimum OF $3.50 per hundred
pounds on average OF packers droves,
excluding throw-outs "Throw-outs"
10 be defined as pigs under 100
pounds, stays, boars, thin sows and
skips. Further that no hogs OF any
kind shall be bought, except throw
outs, at less than Sl650 per hundred
pounds The average OF packers
droves 10 be construed as the average
of the total sales In the market OF all
hogs for n given day. All the above
TO he based on Chicago.
We agree that a committee shall be
appointed by the Food Administration
To check the daily operations In the
various markets with view to super
vision and demonstration Of the carry
ing out OF the above.
The ability Of the packers to carry
cut this arrangement will depend on
there being a normal marketing OF
hogs based upon the proporticnate In
crease over the receipts Of last year.
The increase in production appears to
be q maximum Of about Is per cent
and we can handle such an increase.
IL the producers Of hogs should, al
they have in the past few weeks, pre-
maturely market hogs In such increas-
ing numbers over the above It In en-
tirely beyond the ability Of the pack
ers 10 maintain these minimuns, and
therefore we must have the cO-opera-
ton OF the producer himself TO main
tain these results. 1t Is a physical
impossibility for the capacity OF the
packing houses to handle a similar
over-f0od of hogs and TO find market
for the output. The packers are anx-
ious 20 cooperate with the producers
in maintaining a sterilization OF price
and TO see that producers receive
fair price for their products.
(Signed) THOS. E. WILSON,
Chairman Packers Committee
The plan embodied above was adopt
ed by The conference.
The Food Administrator has appoint
ed a committee, comprising Mr.. Thom
AS e. Wilson, chairman Of the Pack
ers' Committee; Mr.. Everett Brown
president of the Chicago Livestock Ex
change; Major Roy OF the Food AID
mlnistration. Mr.. Louis d. Hall or tn
Bureau OF Markets, to undertake th'
SUPERVISION OF the execution or TN
plan In the various markets Commits
sion men are asked to cooperate
CARRYING out the plan embodied In Tn
packers agreement 1t must be ev1
dent that offers by commission men q
sell hogs below the minimum estan
lished above is not fair, either TO tn
producer or the participating packers
Mr.. Brown has undertaken on Dehal
OF the commission men in the Unite
States that they will Loyalty supper
the plan.
II Is believed by the conference tha
this new plan, based as IL is upon
positive minimum basis, will bring be-
fer results to the producer than aver
sge prices for the month. II does nc
limit top prices and should narro'
the margins necessary TO country bG!
ers in more variable markets 1t
believed that the plan should work OF
D close 70 SIS average.
Swine producers of the country WI
contribute TO their ewn interest o
not flooding the market, for IL must I
evident that if an excessive over pc
cenJage OF hogs Ia marketed In al
one month price stabilization and col
; troll cannot succeed. and Ii Is certal
that producers themselves can contr
butte materially 10 the efforts OF II
conferences IL they will do their mar
: citing In as normal a way as possible.
The whole situation as existing
present demands a frank and explic
assurance from the conferees repr
sented-namely. that every possiD
effort will be made TO maintain IL
- hog price commensurate with swil
production costs and reasonable Sc
IA ing values In execution Of the decis
n ed policy Of the Food Administrati'
to use every agency In Its controi
n secure Justice TO the farmer.
ID The sterilization methods adept
D. for November represent the best
ne forts OF the conference, concurred
ar by thA foed Administration and I