Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1918-11-21

producer and the insuraue1 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 As to 80
nacEerS participating in foreign or
ders together with the Allied buyers
al 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 ar
| lached, II is agreed thar the packers
| participating in these orders will I'M
dertake not to purchase hogs for less
than the following agreed minimums
for the month of November, that is n
daily minimum of $3.50 per hundred
pounds on average Of packers droves,
excluding throw-outs. "Throw-outs"
to 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 $16.50 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 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 view to super
vision and demonstration of the carry
| ing out Of the above.
The ability Of the packers 10 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 ~
be a maximum Of about Is per cent
| and we can handle such an increase.
II the producers Of hogs should. ~
they have In the past few weeks, pre-.
maturely market hogs in such incre;lS
ing numbers over the above it is ON.
tirely beyond the ability of the pack
ers to maintain these minimumS. ant
therefore we must have the co-orcra
ton of the produc;'r him self 10 wap
tain these results. II is Il plysr;
impoSsibility for the capacity Of H.,
packing houses to handle a sinia
over-flood Of hogs and to find marie
for the output. The packers are any
ious to cooperate with the produe2rs
in maintaining a sta|ilization of price
and to see that producers receive a fair
price for their products.
(SigneO .THOS. f.. WILSON,
Chairman Packers Committee.
The plan embodied above was adopt
ed by the conference.
The Food Administrators has appoint.
ed a committee, comprising Mr.. Thomas
Il. Wilson, chairman Of the Pack
ers' Committee Mr.. Everett Brown,
president of the Chicago Livestock En-
change; Major Roy of the Food Adj
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. 1t must be evil |
dent that offers by commission men to
sell hogs below the minimum estab- |
lished 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 |
States that they will Loyalty support
the plan.
1t is believed by the conference that
this new plan, based as it is upon a
positive minimum basis, will bring bet
ter results to the producer than aver
age prices for the month. 1t does not |
limit top prices and should narrow
the margins necessary to country buy
ers in more variable markets. 1t 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 1t must be
evident that if an excessive over per-
centage Of hogs is marketed in any
one month price sterilization and con
troll cannot succeed, and 1t is certain
that producers themselves can contri-
butte materially to the efforts of the
If they will do their mark
citing in as normal way as possible.
The whole situation as existing AT
present demands a frank and explicit
assurance from the eonferees repre-
that every possible
effort will be made to maintain a live
hog price commensurate with swine
costs and reasonable sell
ing values in execution OF the declared
policy Of the Food Administration
TO use every agency in its control to
secure justice to the farmer.
The sterilization methods adopted
for November represent the best cf-
forts Of the conference, cencurrcd In
Sz the Fcsd AA1s4zAstxhsz and 0s