Graham guardian., 1918-11-22

producer and the insurance OF an aae-
Quate future supply
THESE foreign orders are placed
upon the basis Of cost of hogs to the
packers.
As the result of lonl negotiations
between this body and the Packers
Committee, representing the As 10 20
packers participating In foreign or
ders, together with the Allied buyers.
all under the Craftsmanship Of the
Food Administration, the following IN
dertakinE 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-
tnched, 1t Is agreed that the packers
participating In these orders viii ua-
dertake not to purchase hogs for less
than the following agreed ininimums
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 l38
pounds, stays, boars, thin sows and
skips. Further that no hogs Of any
kind shall be bought, except throw.
outs, at less than Sl85O per hundred
pounds. The average OF packers
droves to be construed as the average
Of the total sales In the mark t Of NIL
hogs for a given day. All the above
to be based on Chicago.
We agree that committee shall he
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 proportonate IN
crease over the receipts Of last year.
The increase In production appears to
be maximum Of about 10 per cent
and we can handle such an increase.
II the producers Of hogs should, ns
they have In the past few weeks, pre-.
mnturely market hogs In such increas-
ing numbers over the above II Is en-
irely beyond the ability OF the pack
ers to maintain these mnlmums, and
therefore we must have the co-opera-
ton of the producer himself to main
: tain these resulta II Is physical
impossibility for the capacity Of the
packing houses to handle q similar
over-hood Of hogs and to find market
for the output. The packers are anx-
ious to cooperate with the producers
In maintaining a stabIIizatlon Of price
and to see that producers receive q
fair price for their products.
(Signed) THOS. e. WILSON,
Chairman Packers Committee
The plan embodied above was adopt.
ed by the conference.
The Food Administrators hns appoint
ell committee, comprising Mr.. Thorn.
ns f. Wilson, chairman Of the Pack
ers Committee Mr. Everett Brown,
president Of the Chicago Livestock Ell.
change; Major Roy Of the Food Ad.
mInistration, Mr. Louis D. Hall Of the
Bureau Of Markets, to undertake the
supervision Of the execution OF the
plan In the various markets. Commits
sion men are asked to cooperate In
carrying out the plan embodied In the
packers agreement. II must be evil
dent that offers by commission men TO
tba rain a n.
,ished above Is not fair, either to the
producer or the participating packers.
Mr.. Brown has undertaken on behalf
Of the commission men In the United
Stntes that they will loyalty support
the plan.
II is believed by the conference that
this new plan, based MS II Is upon a
positive minimum basis, will bring bet
ter results to the producer than aver
age prices for the month. II does not
limit top prices and should narrow
the margins necessary to country buy.
ers In more variable markets. II Is
believed that the plan should work out
close to SIS average.
Swine producers Of the country will
contribute to their own Interest by
not flooding the market, for II must be
evident that II an excessive over per.
centage Of hogs Ii marketed In any
one month price stabiliznt ton and con-
troll cannot succeed, and Il ls certain
that producers themselves Gun contri-
butte materially to the efforts OF the
! conferences II they will do their mark
eung In as normal way ns possible.
The whole situation as existing NJ
present demands u frank and explicit
assurance from the conferees repre-
sented--numely. that every possible
effort will he made to maintain a live
hog price commensurate with swine
production costs and reasonable sell.
| ing values In execution of the declar,
ed 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 ef.
forts OF the conference. conrurred In
! -. .h, L,,nl Aln,iuiairu fian anl The