The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-11-29

were as follows:
/, 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 As to 81
packers participating in foreign or
ders, together with the Allied buyers
all 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 tht
part Of the Food Administration with
regard to the. co-ordinated purchases
OF pork products, covered in the at
tached, it 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 q
daily minimum Of $3.50 per hundred
pounds on average Of packers droves,
excluding thrOw-outs. 'Throw-outs'
to be defined as pigs under 13C
pounds, stays, bears, 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 demonstratto0 Of the carry.
ing out Of the above.
The ability Of the packers to carry
out this arrangement viii depend on
there being q normal marketing Of
hogs based upon the proportionate In.
crease over the receipts Of last year
The Increase in productions appears t.
be maximum Of about IS per cent
and we can handle such an Increase.
II the producers Of hogs should. al
they have in the past few weeks, pre-
maturely market hogs in such increas
ing numbers over the above It is 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. 1t IL a physical
for the capacity Of the
packing houses to handle similar
over-food Of hogs and to find a market
for the output. The packers are anx.
ious to cooperate with the producers
in maintaining sterilization Of price
and to see that producers receive fai,
price for their products.
(Signed) THOS. E. WILSON,
Chairman Packers Committee.
The plan embodied above was adopt.
ed by the conference.
The Food Administrator has appoint
ed committee, comprising Mr.. Thomas
e. Wilson, chairman Of the Pack.
ers' Committee; Mr.. Everett Brown.
president Of the Chicago Livestock Elk.
change; Major Roy Of the Food Ad
Mr.. Louis D. Hall Of the
Of Markets. to undertake the
supervision Of the execution Of the
plan in the various markets. Commits
sion men are asked to cooperate I'M
out the plan embodied In the
packers agreement. It must be evi.
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.
It is believed by the conference that
this new plan, based as 1t is upon o.
positive minimum basis, will bring bet.
ter results to the producer than aver.
age prices for the month. It does not
limit top prices and should narrow
the margins necessary to country buy.
ers in more variable markets. It Is
believed that the plan should work on,
close to S18 average.
Swine producers Of the country viii
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
II they will do their mark.