The Fayette falcon. (Somerville, Tenn.) 190?-current, 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 so
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 the
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 I'M
dertake not to purchase hogs for less
than the following agreed mlnimums
for the month Of November, that Is A
daily minimum of $3.50 per hundred
pounds on average Of packers droves,
excluding thr0w-Outs "Throw-outs"
to be defined as pigs under 1870
pounds, stays, bOars, thin s0ws 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 a 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 maximum of about Is 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 incFeas-
ing numbers over the above 1t is en-
tirely beyond the ability of the pack
ers to maintain these mlnimums, and
therefore we must have the co-opera-
ton Of the producer himself to main
tain these results. 1t is a physical
impossibihty for the capacity of the
packing houses to handle a similar
over-hood of hogs and to find market
for the output The packers are anx-
ious to cooperate with the producers
In maintaining a sterilization of price
and to see that producers receive q
fair price for their products.
(Signed) THoS. e. WILSON,
Chairman Packers Committee.
The plan embodied ebove was adopt
ed by the conference.
The Food Administrator has appoint !
ed committee, comprising Mr.. Shom-
as e. Wilson, chairman of the Pack
ers Committee; Mr.. Everett Brown,
president of the Chicago Livestock Ex-
change; Major Roy Of the Food Adj
Mr.. Louis ID. Hall Of the
Bureau Of Markets, to Undertake the
of the execution of the
blan In the various markets. Commits
sion men are asked to cooperate In
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-
Ilshed above is not fair, either to the
producer or the participating packers
Mr.. Brown has undertaken on behalf
II 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 II is upon
positive minimum basis, will bring bet
er results TO the producer than aver
Ice 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 Is
believed that the plan should work out
lose to SIS average.
Swine producers of the country win
contribute to their own interest by
lot flooding the market, for II must be
'vident that II an excessive over per-
,entage Of hogs Is marketed In any
me month price sterilization and con-
rol cannot succeed, and II 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 a frank and explicit
issuance from the conferees repre- .
that every possible
fort win be made to maintain a live
Iog price commensurate with swine
reduction costs and reasonable sell
ng values IN execution Of the declar-
d policy Of the Food Administration
0 use every agency In its control to
ecure justice to the farmer.
The stabiIization methods adopted
or November represent the best ef-
oriS OF the conference. rnrrurrpd IN