The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1918-11-22

uucer and the insurance of an ade
tie future supply.
Ihese foreign orders are placed
Apon the basis Of cost Of hogs TO the
| packers.
! AS the result of long negotiations
between this body and the Packers
committee, representing the IS to so
packers participating In foreign or
ders, together with the. Allied buyers,
all under the Craftsmanship OF the
F., rood Administration, the following un-
dertaking. has been given by the pack
| ers:
In view OF the undertakings on tho
| part of the Food Administration with
regard to the co-ordInated purchases
or pork products. covered In the at
tached. 1t 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 a
daily mInlrnum Of S17.5O per hundred
pounds on average of packers droves,
excluding throw-outs. Throw
to be defined as pigs under 1870
pounds, sings, boars, thin sows and
sklps. 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 q 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.
IL 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 1t 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 is a physical
impossibflity for the capacity of the
packing houses to handle a similar
overfood of hogs and to find a market
for the output. The packers are anx-
ious to cooperate with the producers
in maintaining a stabilize ton of price
and to see that producers receive a |
fair price for their products.
(Signed) THOS. f. WILSON,
Chairman Packers Committee.
ed by the conference.
The Food Administrator has appoint |
ed q committee, comprising Mr.. Thorn
as e. Wilson, chairman Of the Pack
ers' Committee; MIR. Everett Brown,
president of the Chicago Livestock Ex-
change; Major Roy OF the Food Ad-
Mr.. Louis D. Hall of the
Bureau of Markets, to undertake the
OF the execution OF the
plan In the various markets. Commits
sion men are asked to cooperate In
out the plan embodied in the
packers agreement. It must be evil
dent 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.
It is believed by the conference that
his new plan, based as 1t is upon
positive minimum basis, will bring bet
er results to the producer than aver
lge prices for the month. It does not
init top prices and should narrow
he margins necessary to country buy
RS In more variable markets. It ID
believed that the plan should work out
lose to SIS average.
Swine producers Of the country will
contribute 10 their own interest by
lot flooding the market, for 1t must be
yident that If an excessive over per-
entage of hogs is marketed in any
ne month price sterilization and con-
roll cannot succeed, and 1t is certain
hat producers themselves can contri-
ute materially TO the efforts of the
if they will do their mark
ting in as normal way as possible.
The whole situation as existing at
resent demands q frank and explicit
ssurance from the conferees repre-
that every possible
fort will be made to maintain live
OF price commensurate with swine
reduction costs and reasonable SELL
,g values In execution of the declar.
d policy of the Food Administration
, use every agency in its control to
acure justice to the farmer.
The STERILIZATION methods adopted
,r November represent the best eff
,yts of the conference, concI>-ed in
v the NAD& Administration and the i