The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1918-11-16


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 40 20 80
packers participating in foreign or
ders, together with the Allied buyers,
oil under the Craftsmanship OF the
Food Administration, the following I'M
dertakipg 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
tnchcd, IL is agreed that the packers
participating in these orders VIII 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"
10 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 a committee shall be
appointed by the Food Administration
to check the daily operations in the
various markets with view TO super
vision and demqnstration of the carry
Ing out OF the above. --sss,ssl geup-,-s.
The ability of the packers 20 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 a maximum Of about Is per Cent.
and we can handle such an increase.
IL 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 IL Is en-
tirely beyond the ability of the pack
ers 70 WaintaIn these pinimums, and
therefore we must have the co-opera-
ton of the producer himself to main
tain these results. II is 4 physical
impossiblity for the capacity OF the
packing houses 10 handle similar
oyer-food OF hogs and to find market
for the output. The packers are nnx-
ious TO cooperate with the producers
In maintaining a sterilization of price
and 70 sec that producers receive fair
price for their products.
(Signed) THOS. II. WILSON,
Chairman Packers Committee.
The plan embodied above was adopt
ed by the conference
The Food Administrator has annolnt-
cd committee, comprising Mr. Thomas
r. Wilson, chairman OF the Pack
ers COMMITTEES, Mr. Everett Brown,
president OF the Chicago Livestock Tx
change Major Roy Of the Food Ad-
mlnlstratlon. 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 10 cooperate In
carrying out the plan embodied in the
packers agreement. II must be evil
dent that offers by commission men 10
sell hogs below the minimum estab-
llshed above is not fair, either 20 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 is believed by the conference that
this new plan, based as 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 md should narrow
the margins necessary 20 country buy
ers In more variable markets. II IL
believed that the plan should work out
close 10 S1s average.
Swine producers O. the country VIII
contribute 10 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 stabIliration and con-
troll cannot succeed. and Il Is certain
that producers themselves can contri.
butte materially TO the efforts OF tho
conferences II they will do their mark.
citing In as normal way as possible.
The whole situation as existing nj
present demands frank and explicit
assurance from the conferees repre-
sented-namely, that every possible
effort will be made 20 maintain live
hog price commensurate with swine
production costs and reasonable sell.
ing values In execution of the declared
policy OF the Food Administration
10 use every agency In It's control tc
secure Justice 10 the farmer.
The sterilization methods adopted
for November represent the best 81
forts Of the conference. concurred ir
by the Food Administration and thu