Gilpin observer., 1918-11-21

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 to so
packers participating In foreign or
ders, together with the Allied buyers,
all under the Craftsmanship 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 I'M
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. '"rhrow-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 $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 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 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 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.
If 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 It Is en-
tirely beyond the ability Of the pack
ers to maintain these minimums. and
therefore we must have the co-operu-
ton of the producer himself to MAIN
tain these results. 1t Is a 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 a sterilization Of price
and to see that producers receive q
fair price for their products.
(Slgned) THOS. E. WILSON.
Chairman Packers Committee.
The plan embodied above was adopt
ed by the conference.
The Food Adminlstrator has appoint
ed a committee, comprising Mr.. Thorn
as Il. Wilson. chairman of the Pack
ers' Committee; Mr.. Everett Brown.
president Of the Chicago Livestock Ex-
change; Major Roy of the Food Adj
minlstration, 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 II must be evi.
dent that offers by commission men ia
sell hogs below the minimum estab.
iished above IL 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 IL upon a
. positive minimum basis, will bring bet.
| ter results to the producer than aver
age prices for the month. II does NO,
limit top prices and should narrow
, the margins necessary to country buy
J ers in more variable markets. II II
, believed that the plan should work ou
Z .lose to SIS average.
Swine producers Of the country vii
; contribute to their own interest b,
n not flooding the market, for It mus, b,
= evident that II an excessive over per
D .entage Of hogs y marketed In an.
!. ,ne month price sterilization and con
: .rol cannot succeed. and II ID certain
a hat producers themselves can contri
4 quite materially TO the efforts Of tn
= conferences II they will do their mark
. eting in ~ normal way a. possible.
e The whole situation ~ existing Q
j. present demands q frank and explici
b assurance from the conferees repre-
l. sented-pameiy, that every possibl
= Effort will be made to maintain liv
h 1og price commensurate with swim
n production costs and reasonable sci
l. ng values In execution Of the declai
ID policy Of the Food Administrative
l. 70 use every agency In its control I
d secure Justice to the farmer.
y The stabilization methods adopte
g sor November represent the best e.
r .oSts Of the conference. concurred I
II " the Food Administration and u