The Big Sandy news. [volume] (Louisa, Ky.) 1885-1929, 1918-11-29

producer and the Insurance of an ade
I quate future supply.
E lhese foreign orders are place,
/, upon the basis OF cost of hogs to tn
, packers
AS the result Of long negotiation
between this body and the Packers
committee, representing the a. TO 5,
PACKERS participating In foreign or
uers' together with the Allied buyers
all under the Craftsmanship OF IN,
FOOD Administration, the following nm
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.
tnched, II 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 "a +,
daily minimum of $3.50 per hundred
pounds on average Of packers droves,
excluding throw-outs. "Throw.out
to be defined as pigs under 1870
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
groves to be construed as the average
or 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 view 10 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 u normal marketing of
hogs based upon the propottionate in
crease over the receipts Of last wear
The increase in production appears TO
be maximum Of about IL per cent
and We can handle such an Increase.
If the producers of hogs should, as
they have In the past few weeks. pre-
matureiy market hogs In such increas
ing numbers over the above II 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. II Is a physical
imposslbility 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 sterilization of price
and to see that producers receive falr
price for their products.
(Signed) THOS. f. 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 Ex-
change; Major Roy of the Food Adj
Mr.. Louis d. Hall of the
Burenu of Markets, to undertake the
Of the execution OF the
plan In the various markets. Commits
sion men are asked to cooperate I'm I
out the plan embodied In the
packers agreement II must be evil
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
VI the commission men IN the United
states that they will Loyalty support
he plan.
II Is believed by the conference that
his new plan, based as II is upon
positive minimum basis, will bring bet
err 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. It Is
believed that the plan should work out
lose to SIS average
Swine producers Of the country will
to their own Interest by
lot flooding the market, for II must be
vident that II an excessive over per-
entnge Of hogs is marketed In any
ne month price sterilization and con-
rol cannot succeed, and It Is certain
hat producers themselves can contri.
ute materially to the efforts Of the
differences II they will do their mark.
ting in as normal way as possible
The whole situation as existing al
resent demands a frank and explicit
ssurance from the conferees repre-
ented-nnmely that every possible
mort will be made to maintain live
OF price commensurate with swine
reduction costs and reasonable sell.
" values In execution of the declared I
olicy Of the Food Administration c
, use every agency in It's control to a
scure justice to the farmer.
The STERILIZATION methods adopted
,r November represent the best ef
,rts OF the conference, eoncurred III "A
, the Food Administration and tho