New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1918-11-23


I producer and the insurance OF an ade
quate future supply.
These foreign orders are place.
upon the basis OF cost Of hogs to tn,
packers.
As the result OF long negotiations
between this body and the Packers
Committee, representing the As to u
racsers 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 q
daily minimum of $3.50 per hundred
pounds on average Of packers droves,
excluding thrOW-OutS. "Throw-Outs''
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 $3.50 per hundred
pounds. The average Of packers
droves to be construed as the average
Of the tOfnl soloc In Tho v,,orIrox - al
hogs for 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 q 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 a normal 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 Der cent
and We can handle such an increase.
II the producers Of hogs should, a.
they have in the past few weeks, pre-.
maturely market hogs in such increaS
ing numbers over the above 1t 10 en-.
tirely beyond the ability Of the pack.
ers to maintain these ninimums, and
therefore we must have the co-opera.
ton of the producer himself to main.
tain these results. 1t is a physical
for the capacity Of the
packing houses to handle similar
over-flood Of hogs and to find market
for the output. The packers are anx
lous to cooperate with the producers
In maintaining a sterilization Of price
and to see that producers receive a fair
price for their products.
(Signed) I THOS. e. WILSON,
Chairman Packers Committee.
The plan embodied above was adopt
I'd by the conference
The. Food Administrator has appoint.
ed a committee, comprising Mr.. Thomas
2. Wilson, chairman Of the Pack
Frs Committee; Mr. Everett Brown,
president Of the Chicago Livestock Ex-
change; Major Roy Of the Food Ad.
Mr.. Louis D. Hall of the
Bureau Of Markets. to undertake the
supervision Of the execution Of the
,lan In the various markets Commits
sion men are asked to cooperate in |
'arrying out the plan embodied in the
packers agreement. 1t must be EVIL |
lent that offers by commission men to !
yell hogs below the minimum estab-
ished above Is not fair. either to the
PRODUCER or the participating packers
Mr. Brown has undertaken on behalf
# the commission men In the United
States that they will Loyalty support
he plan.
It is believed by the conference that
his new plan, based as 1t II upon
positive minimum basis, will bring bet
err results to the producer than aver
lge prices for the month. 1t does not
init top prices and should narrow
he margins necessary to country buy.
RS in more variable markets. It 10
believed that the plan should work out {
lose 70 s1S average
Swine producers or the country will
contribute to their own interest by
lot flooding the market, for II must be
.vident that II an excessive over per.
'entage OF hogs is marketed In any
ne month price sterilization and con
rol cannot succeed. and Ii is certain
hat producers thD'rSelves can contri.
ute materially to he efforts Of the
differences il they viii do their mark.
ting in as normal way as possible.
The whole situation as existing at
resent demands frank and explicit
ssurance from the conferees repre-
that every possible
fort will be made to maintain a live
og price commensurate with swine
reduction costs and reasonable sell
ng values in execution Of the declared
olicy Of the Food Administration
o use every agency In its control n
ecure Justice to the farmer.
The stabilization methods adopted
Or November represent the best ct.
orts Of the conference, concurred in
y the Food Administration ana AL