The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1918-12-28

xIK
cultural Advisory Board, together WITH
the specially invited swine representa-.
tives. should accept the Invitation OF
the Food Administration to join with
the Administration and the packers In
determining the prices at which con-
trolled export orders are to be placed.
This will be regularly done. The IN
auence of these orders will be directed
to the maintenance Of the common Cd
ject-nameiy, the stabilization OF the
price of live hogs so as to secure as far
az It il possible faiE returns TO tne
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.
A. the result Of long negotiations
between this body and the Packers
Committee, representing the As to 90
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 undertakings on the
part Of the Food Administration with !.
bsesnrd to the c0-ordYnated purchases
of pork products. covered In the at.
tached, 1t is agreed that the packers
participating In these orders will I'M
dsrtake not to purchase hogs for less
than the following agreed minimums
for the month of November. that In a
daily minimum Of $17.50 per hundred
| pounds on average Of packers droves,
excluding throw-outs. "Throw-outs"
to be defined a. pigs under 40
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 ell
hogs for q given day. All the above
to be based on Chicago.
We agree that q committee shall be
appointed by the Food Administration
to check the daily operations In the
various markets with a 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 t.
be q maximum Of about Is per 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 Is en-
! tirely beyond the ability Of the pack
: ers to maintain these minimums, ant
therefore we must have the co-opera
ton Of the producer himself to main
. tain these results. It Is q physica
Q impossibility for the capacity Of tn
packing houses to handle a simila
+ over-nood Of hogs and to hnd marke
+ for the output The packers are am
y ious to cooperate with the producer
n In maintaining q sterilization OF pric
= and to see that producers receive fal
price for their products.
. (Signed) THOS. e. WILSON,
Chairman Packers Committee.
r The plan embodied above was adop
u ed BY the conference.
d The Food Administrator has appoin
D. ed q committee, comprising Mr.. Thoma
to e. Wilson, chairman Of the Pacl
To ers' Committee Mr.. Everett Brown
y president Of the Chicago Livestock E.
n change; Major Roy Of the Food A
of ministration. Mr.. Louis d. Hall OF tn
ID Bureau of Markets. to undertake tn
he supervision Of the execution Of tt
Do plan In the various markets. Commi
I'd sion men are asked to cooperate
1t carrying out the plan embodied in Il
p packers agreement 1t must be ev
. dent that offers by commission men
tt sell hogs below the minimum esta
m lished above Is not fair, either to Il
OF producer or the participating packer
Mr.. Brown has undertaken on beha
es of the commission men In the Unite
ce States that they will loyalty suppo
90 the plan.
to It 10 believed by the conference tn
RS. this new plan, based as 1t is upon
re- positive minimum basis, will bring b
a ter results to the producer than ave-
q are prices for the month. 1t does q
he limit top prices and should narrt
he the margins necessary to country b.
~ en- In more yaxiahlo. maxk1f1: y.