McNairy County independent. (Selmer, McNairy County, Tenn.) 1902-1969, 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 45 to 50
racbers participating In foreign Or
ders, together with the Allied buyers,
oil under the Chairmanship 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 eo-ordinated purchases
OF pork products, covered iii 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 minimum Of $3.50 per hundred
pounds on average of packers droves,
excluding throw-outs. "Throw-outse
to be defined as pigs under $50
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
droyes to be construed as the average
LOT the total sales in the market of all
hogs for "A given day All the above
| to be based on Chicago.
| We agree that Il committee shall be
appointed by the Food Administration
/ to check the daily operations in the
various markets with 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,i
crease over the receipts of last year.
The increase in production appears to-
be Aaximum 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 1T Is en-.
tirely beyond the ability OF the pack.
ers to maintain these miniRums, and
therefore we must have the co-opera.
ton Of the producer himself to main
\ tain these results. II Is physical
lmpossibllity for the capacity of the
packing houses to hsndle a similar
over-fiood of hogs and to find market
FOR the output The packers are anx-
ious TO cooperate with the producers
in maintaining stahilization of price
and to see that producers receive a fair
| price for their products.
| tSigned) THOS. II. WILSON,
Chairman Packers Committee.
I 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,
lpresident of the Chicago Livestock Ex-
i change; Major Roy of the Food Ad
nainisttsaa.ion. Mr. Louis d. Hall of the
Burehu of Markets, to undertake the
4 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. 1t must be EVIL
dent that offers by commission men to
sell hogs below the minimum estab-
!. lished above is 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.
1t is believed by the conference that
} this new plan, based as it is upon a
, lpositive minimum basis, will bring bet
ter results to the producer than aver
age prices for the month. II does not
limit top prices and should narrow
II the margins necessary to country buy
II ers In more variable markets. 1t ls
! believed that the plan should work out
close to $18 average
Swine producers of the country win
5 contribute to their own interest by
2 not flooding the market, for 1t must be
$ evident that II an excessive over per-
!, centage of hogs is marketed In any
!. one month price stabilizatlon and con
: troll cannot succeed, and il is certain
4 that producers sthemselves can contri-
/ butte materially to the efforts of the
2 conferences If they will do their mark
e citing in as normal way as possible.
9 The whole situation as existing at
: present demands a frank and explicit
! assurance from the conferees repre-.
: sented-namely, that every possible
I effort will be made to maintain live
! hog price commensurate with swine
d production costs and reasonable sell
/. ing values in execution Of the declared
|. policy of the Food Administration
+ to use every agency In its control to
A secuae justice to the farmer
= The stsbllizatlon methods adopted
e for November represent the best ef'
r forts of the conference, concurred Ia
9 by the Food Administration and the