The Raymer enterprise., 1918-11-21

Sssducsr and ths insurance Of an ads-
asats future supply.
These foreign orden are placed
upon the basis Of cost sf hogs to the
packsss.
Az the result Of loas negotiations
e'weea this body and the Packers'
Committee, representing the IS to %
PACKERS participating IN foreign or.
dsrs, together with the Allied buyers,
all under the Chairrnanship Of the
Food Administration, the following un
dertaklng has been given By the pack.
ers:
In view Of the undertakings On the
part OF the Food Administration with
regard to the coordinated purchases
Of pork products, covered In the at
lnched, II Is agreed that the packers
participating In these orders will IN
dertake not to purchase hogs for less
than the following agreed minimums
for the month Of November, that Is a
daily minimum Of $l7.5O per hundred
pounds on average of packers droves
excluding throw-outs. "Throw-outs"
TO be defined as pigs under 1870
pounds, stags, 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
pcunds The average OF packers
droves to be construed a. the average
OF the total nles In the market Of all
hogs for given day. All the above
TO be based on Chicago.
We agree that 4 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 aormai marketing OF
hogs based upon the proportionate In.
crease over the receipts Of las, year.
The increase in production appears to
be maximum Of about Is per cent.
and we can handle such an Increase.
II the producers Of hogs should. as
they have In the pas, few weeks pre-
maturely market hogs 10 such Increas-
Ing numbers over the above II IL en-.
tirely beyond the ability Of the pack.
ers to maintain these minimums. and
therefore We must have the co-opera
ton OF the producer himself to main
tain these results II Ii a physical
impossibility for the capacity of the
packing houses to handle a similar
oyer-hood OF hogs and to find a market
for the output The packers are anx.
lous to cooperate with the producers
In maintaining a stabiliEation OF price
and to see that producers receive q fair
price for their producta
(Signed) THOS. 4. WILSON.
Chairman Packers Committee.
The plan embodied above was adopt
ed by the conference
The Food Administrator has appoint.
ed committee, comprising Mr. Thomas
f. Wilson, chairman of the Pack.
ers' Committee; Mr.. Everett Brown,
president Of the Chicago Livestock Ex-
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 evi.
dent that offers by commission men to
sell hogs below the minimum estab-
llshed above Ia not fair. either to the
producer or the participating packers.
Mr.. Brown has undertaken on behalf
OF the commission men In the United
States that they will loyalty support
the plan
II Ia believed BY the conference that
this new plan, based as II Is upon
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 Is marketed In any
one month price stabllization and con.
troll cannot succeed. and II 10 certain
that producers themselves can contri.
butte materially to the efforts Of the
conferences II they will do their mark.
citing In as normal way a. possible.
The whole situation az existing at
present demands q frank and explicit
assurance from the conferees repre-
sented-namely. that every possible
effort will be made to maintain a live
hog price commemorate with swine
production costs and reasonable sell.
Ing values In execution Of the declared
policy Of the Food Administratio
TO use every agency In IT. control to
secure justice to the farmer.
The stabilizatloa nssAe6s adopted
for November represent tAs host Il.
forts Of the conference, eoneuTre6 =
BY the Food AdnlAists1llD - ~