Belington progressive. [volume] (Belington, W. Va.) 1912-1927, 1918-12-12

were 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 40 to so
packers participating in foreign or
ders, together with the Allied buyers,
all under the Craftsmanship of the
Food Administration, the following I'M
dertaking has been given by the pack
ers:
/ In view of the undertakings on the
part of the Food Administration with
| regard to the co-ordinated purchases
OF pork products, covered in the at
tached, it is agreed that the packers
participating in these orders viii un-
dertake not to purchase hogs for less
/ than the following agreed minimums
for the month of November, that is
daily minimum of $3.50 per hundred
pounds on average of packers droves,
excluding throw-outs seThrow-outs"
to 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 $3.50 per hundred
pounds. The average of packers
droves to be construed as the average
4 of the total sales ia the market of all
hegs for given day. All the above
4 to be based on Chicago.
i We agree that a committee SHAH be
appointed by the Food Administration
4 to check the daily operations in the
various markets witha view to super.
n vision and demonstration of the carry
\ ing out Of the above.
4 The ability of the packers to carry
out this arrangement will depend on
there being a lormal marketing of
! hogs based upon the proportionate In
crease over the receipts of last year.
The increase in production appears to
be maximum of about is per cent.
and we can handle such an increase.
Ii the producers OF hogs should as
they have In the past few weeks, pre-
maturely market hogs in snch incxeas-
ing numbers over the above 1t Is en-
Il tirely beyond the ability Of the pack
ers to maintain these minimums, and
therefore we must have the co-opera-
ton of the producer himself to main
tain these results. 1t is a physical
j impossibilify for the capacity of the
4 packing houses TO handle similar
.over-Good of hogs and to find market
for the output. The packers are anx-
ious to cooperate with the producers
IN maintaining stabilization of price
and to see that producers receive fair
price for their products.
i GSigned) THOS. e. WILSON,
4 Chairman Packers Committee.
The plan embodied above was adopt
ed by the conference
The Food Administrator has appoint
eda committee, comprising Mr. Thomas
g. Wilson, chairman OF the Pack
lers' Committee; Mr.. Everett Brown,
Ipresident of the Chicago Livestock Ex-
change; Major Roy of the Food Adj
ministration Mr. Louis D. Hail of the
Bureau of Markets, to undertake the
supervision of the execution Of the
plan in the various markets. Commits
i sion men are asked to cooperate In
carrying out the plan embodied In the
packers agreement. 1t must be evil
ldent that offers by commission men to
self hogs below the minimum estab-
lished above is not fair, either to the
producer or the participating packers.
/ Mr. Brown has undertaken on behalf
of the commission men III the United
States that they will Loyalty support
the plan.
It is believed by the conference. that
this new plan, based as it is upon
positive minimum basis, will bring bet
\ ter results to the producer than aver
age prices for the month. 1t does not
limit top prices and should narrow
the margins necessary to country buy
ers in more variable markets. 1t is
believed that the plan shonld work out
close to S19 average.
Swine producers of the country will
contribute to their own interest by
| not flooding the market, for it must be
evident that if an excessive over per-
Ecentage Of hogs is marketed In any
one month price stabilizatien and con-
troll cannot succeed, and it is certain
that producers themselves can contri-
butte materially to the efforts of the
conferences if they will do their mark
citing in as normal a way as possible.
The whole situation as existing at
present demands a frank and explicit
assurance from the conferees repre-
sented namely that every possible /
effort will be made to maintain d iiye
hog price commensurate with swine
production costs and reasonable sell
ing values in execution Of the declared
policy Of the Food Administration
to use every agency in its control to
secure justice to the farmer.
The stabilization methods adopted
for November represent the best eff.
i