The Delta independent., 1918-11-22

quate future supply.
These foreign orders are placed
upon the basis OF cost of hogs to the
packers.
AS the result of lons negotiations
between this body and the Packers
Committee, representing the 40 to 80
packers participating III foreign or.
ders, together with the Allied buyers,
all under the Chairmgnship 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
regard to the co-ordinated purchases
of pork products, covered in the at
tached, 1t is agreed that the packers
participating in these orders will un-
dertake not to purchase hogs for less
than the following agreed minimums
for the month of November, that is a
daily minimum of Sl7.Jo per hundred
pounds on average OF packers droves.
excluding throw-outs "Thruw-outs"
20 be defined as pigs under lSO
pounds, stngs, boars, thin sows and
~kips Further that no hogs OF any
Eiud shall be bought. except throw
outs. at less than Sl6.5O 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
urly. nit
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 to
be n maximum of about 10 per cent
and we can handle such an Increase.
II 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 1t is en-
tirely beyond the ability of the pacs-
ers TO maintain these minimums, and
therefore we must have the co-opera-
ton OF the producer himself TO main
tain these results. II is physical
impossibility for the capacity of the
packing houses to handle a similar
over-flood of hogs and to find market
for the output The packers are anx-
lous to cooperate with the producers
in maintaining stabilization of price
and to see that producers receive
fair price for their products.
(Signed) THOS. +. WILSON.
Chairman Packers Committee.
The plan embodied above was adopt
ed by the conference.
The Food Administrator has appoint
ed a committee, comprising Mr.. Thom-
as f. Wilson, chairman OF the Pack
ers' Committee; Mr. Everett Brown.
president OF the Chicago Livestock Ex-
change; Major Roy of the Food Ad-
m.nistration. Mr. Louis II. 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 10
sell hogs below the minimum estab-
Iishcd 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 II Is upon
positive minimum basis. viii bring bet
ter results to the producer than nver-
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. 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 II must he
evident that II an excessive over per-
ccntnge OF hogs Is marketed In any
one month price stnbilization md con-
troll cannot succeed, and II is certain
that producers themselves can contrI-
butte materially to the efforts OF the
con ,erenccs II they viii do their mark.
eting IN MS normal n way ms possible.
The whole situation as existing at
prc sent demands n frank and explicit
$50 france from the conferees repre-
en- ed namely, thu, every possible
fr0t win be mnde to maintain n live
90 price commensurate with swine
~ luction costs and reasonable sell
N values In execution of the declnr.
d policy OF the Food Administration
0 use every agency In It's control to
- ire justice to the farmer
ie stnhilizntion methods adopted
~ November represent the best If.
- of the conference. concurrcd in
y The Food Administration ~nl tho