The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1918-11-26

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, As 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, 1t 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 a
daily minimum of $3.50 per hundred
pounds on average of packers droves,
excluding throw-Outs. 'Throw-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
Of the total sales in the market of all
hogs for a given day. All the above
to be based on Chicago.
We agree that 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
out this arrangement will depend on
there being normal marketing OF
hogs based upon the proportionate in
crease over the receipts Of last year.
The increase in production appears to
be q maximum of about 10 per cent.
and we can handle such an increase.
If 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 1t is en-
tirely beyond the ability of the pack
4 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 physical
impossibility for the capacity of the
packing houses to handle a similar
over-food of hogs and to find market
for the output. The packers are anx-
ious to 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
Z ed by the conference.
= The Food Administrator has appoint
: ed a committee, comprising Mr.. Thorn
= as E. Wilson, chairman Of the Pack
q ers' Committee; Mr.. Everett Brown
: president Of the Chicago Livestock Elk
: change; Major Roy OF; the Food Ad
= ministration, Mr. Louis d. Hall Of thu
\ Bureau Of Markets, to undertake thu
!. supervision of the execution OF thu
}. plan in the various markets. Commits
O sion men are asked to cooperate II
carving out the plan embodied In tn
: packers agreement. 1t must be evl
;, dent that offers by commission men t
sell hogs below the minimum estab
!, lished above is not fair, either to tn
:. producer or the participating packers
- Mr.. Brown has undertaken on behal
- of the commission men in the Unite
. States that they will loyalty supper
- the plan.
.dl 1t is believed by the conference tina
70 this new plan, based as it is upon
10 positive minimum basis, will bring be-
ID ter results to the producer than aver
If age prices for the month. 1t does nc
n. limit top prices and should narrO'
q the margins necessary to country blu.
re ers in more variable markets. 1t
n believed that the plan should work OF
Of close to $18 average.
:. Swine producers of the country wi
&C contribute to their own, interest b
90 not flooding the market, for it must
gs evident that If an excessive over Pc
ia centage Of hogs is marketed in ar
70 one month price. stabilization and CO.
%. troll cannot succeed, and it is certa
q that producers themselves can contl
butte materially to the efforts: Of; Il
be1 conferences If they will do their mar
he citing in as normal way as possible.
he The. whole situation as existing
RI present demands a frank and explit
ith assurance from the conferees srepr
ta-j sented-namely, that every p0ssib
of effort will be made to maintain a II
18th hog price commensurate with swi
in production costs and reasonable SIC
on ing values in execution of the decls
ed. ed policy of the Food Administrati
in- to use every agency. in its control
ted secure justice to the farmer.
OBJ The Sterilization methods adopt
thel for November represent the best
far forts of the conference, concurred
the by the Food Administration and t