Milford chronicle., 1918-11-15

were ns follows:
producer and the insurance Of an g Ne
quate future supply.
, These foreign orders are plaeeC
upon the basis Of cost OF hogs to 'th,
packers.
As the result Of long negotiations
between this body and the Packers
Committee, representing the 4J to 90
pacsers participating in foreign or
ders' together with the Allied buyers.
all under the Chairmanship of the
Food Administration, the following un.
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 will 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. "Throw-outs'i
to be defined as pigs under 13O
pounds. stays. boars, thin sows and
Skips. Further, that no hogs Of any
Kind shall be bought. except throw,
outs, at less than S16.5O per hundred
pounds. The average Of packers
droves to be construed as the average
Of the total sales in the market Of all
hogs for given day. All the above
to be based on Chicago.
We agree that a committee shall be
appointed by the Food Administration
10 check the daily operations in the
various markets with a view to super.
vision and demonstration Of the carry
ins out Of the above
The ability Of tie packers TO carry
ont this arrangement viii depend oD
there being normal marketing OF
boss based upon the prOportionate in
crease over the receipts Of last year
The increase in production appears t0
be a maximum Of about 10 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 such increas.
ing numbers over the above it is en-.
tirely beyond the ability OF the pack
ers to maintain these minimums. and
therefore we must have the co-opera, 7
-ion of the producer himself to main.
tain these results. Il is a physical
mpossibility for the capacity of the
packing houses TO handle a similar
1ver-food of hogs and to find a market
Tor the output The packers are anx.
Gus to cooperate with the producers
n maintaining a stablization Of price !
ma to see that producers receive q fait II
lrice for their products. u
(Signed) THOS. z. WILSON. +,
Chairman Packers Committee. d
The plan embodied above was adopt. o
d by the conference. fl
The Food Administrator has anpoirC, u
d committee, comprising Mr. Thora5 d
:. Wilson, chairman Of the Pack. v
RS Committee; Mr. Everett Brown. =,
resident Of the Chicago Livestock Ex. n
hange; Major Roy Of the Food Ad
Mr.. Louis D. Han of the OF
bureau of Markets 10 undertake the OF
upervision Of the execution of the S
Ian In the various markets Commits, N
ion men are asked to cooperate in .
arriving out the plan embodied in the /
ackers' agreement. It must be evi,
ent that offers by commission men to -
eli hogs below the minimum estab- al
shed above Is not fair, either to tho o.
roducer or the participating packers. NJ
Lr. Brown has undertaken on behalf cl
the commission men in the United pl
tates that they will Loyalty support 81
le plan. sc
1t is believed by the conference that os
lis new plan. based as it is upon a ~.
)sitive minimum basis. will bring bet, '-
r results to the producer than aver, IN
'e prices for the month. 1t does not fiji
nit top prices and should narrow II
.e margins necessary to country buy, W.
s in more variable markets. II Is
slieved that the plan should work out Fr
ose to SIS average. ia
Swine producers Of the country win Ne
TO their own interest by Vi
IT flooding the market for it must be ~.
lueul ludl II an excessive over per- Cb
ntage Of hogs is marketed in any so
e month price stabilization and con. llor
ol cannot succeed. and it is certai9 CT
at producers themselves can contri. boz
tie materially to the efforts of tho
nferences If they will do their mark.
ng in as normal way as possible.
The whole situation as existing at
esent demands a frank and explicit
from the conferees repre-.
lted-namely, that every possible ~
Ort will be made to maintain live ~
g price commensurate with swine
costs and reasonable sell.
, values in execution Of the declared
Iicy Of the Food Administration
use every agency in its control to
,ure justice to the farmer.
rhe stabllization methods adopted
November represent the best eff.
IS Of the conference. concWred in
the Food Administration and the