The weekly Iberian. (New Iberia, La.) 1894-1946, 1918-11-23

were as follows:
producer and the insurance Of an ade
quate future supply.
These foreign orders are place.
upon the basis OF cost Of hogs to tn,
packers
AZ the result Of long negotiat ton,
between this body and the Packers
Committee, representing the As to q
packers participating in foreign or
GERS, together with the Allied buyera
all under the Chairmanship Of thu
Food Administration, the following un
dertaking has been given by the pack
ers:
In view OF the undertakings on tn,
part OF the Food Administration with
regard to the cO-ordinated purchased
Of pork products, covered in the at
tached, 1t is agreed that the packer,
participating in these orders will un
dertake not to purchase hogs for les,
than the following agreed minimum
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 19e
pounds, stays. boars, thin sOws and
skips. Further, that no hogs Of am
kind shall be bought except throw,
outs. at less than $3.50 per hundre!
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 q committee shall b<
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 normal marketing OF
hogs based upon the proportionate in,
crease over the receipts of last year
The increase In production appears ia
be a maximum Of about Is per cent,
and we can handle such an increase.
II the producers Of hogs should, a,
they have In the past few weeks, pre-,
maturely market hogs In such increas,
ing numbers over the above 1t 10 en-,
tirely beyond the ability Of the pack,
ers to maintain these minimums, and
therefore we must have the co-Opera,
tion of the producer himself to main,
tain these results. It Is a physical
for the capacity Of the
packing houses to handle q similar
over-flood OF hogs and to find a market
for the output. The packers are anx.
iOus to cooperate with the producers
In maintaining a stabilizatiOn of price
and to see that producers receive a fais
price for their products.
(SIgned) THOS. e. WILSON,
Chairman Packers Committee.
The plan embodied abeve was adopt
ed by the conference.
The Food Administrator has appoint,
ed committee, comprising Mr.. Thomas
3. Wilson, chairman Of the Pack
ers' Committee; Mr.. Everett Brown,
president Of the Chicago Livestock Eek.
change; Major Roy Of the Food Ad,
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
.arrying out the plan embodied In the
oIr &C., hn n0rN-
lent that offers by commission men to
sell hogs below the minimum estab-
ished above Is not fair, either to the
PRODUCER or the participating packers.
Mr. Brown has undertaken on behalf
If the commission men In the United
States that they will Loyalty support
he plan.
1t is believed BY the conference that
his new plan. based as 1t Is upon a
positive minimum basis, will bring bet
er results to the producer than aver
lge prices for the month. 1t does not
init top prices and should narrow
he margins necessary to country buy
RS In more variable markets. 1t IL
believed that the plan should work out
lose to $1S average.
Swine producers Of the country will
contribute to their own interest by
lot flooding the market, for 1t must be
evident that II an excessive over per-
.entage of hogs is marketed In any
me month price stabillzation and con-
rol cannot succeed. and It Is certain
hat producers themselves can contri-
ute materially to the efforts Of the
IL they will do their mark
ting in as normal way as possible.
The whole situation as existing at
resent demands frank and explicit
ssurance from the conferees repre-
that every possible
fort will be made to maintain live
og price commensurate with swine
PRODUCTION costs and reasonable sell
ng values in execution Of the declared
,olicy of the Food Administration
0 use every agency in Its control to
ecure justice to the farmer.
The stabilization methods adopted
or November represent the best ef
orts of the conference, cOncurred In
- so Food Administration and the