The evening world. [volume] (New York, N.Y.) 1887-1931, 1919-07-19

and that freight rates have advanced
materially.
PACKERS pronts, per unit of busi-
ness, were smaller last year than
ever before"
Mr.. Armour was unwilling to shoul-
| der all OF the fault on the live stock
raiser and leaye 1t there. He ex-
planned the cattleman's difficulties
this way:
Animals are the product of much
labor and a considerable quantity
OF feeds, chief among which In corn.
Corn figures such a large part In the
mnking OF an animal that Il Is Gus
tomary to figure the cost of produo-
Ing a live animal in terms OF bushels
OF corn. With corn as a measure Of
production cost, one has but to COM
pare the value of a bushel OF corn
to-day to its value before the war
TO understand why the producers
must charge more for their animals.
Corn Is standing on record high
levels partly because OF its increased
production cost, in wages and so on,
but even more because OF the SYM
pathetic and competitive relation
that exists between corn and wheat.
Wheat is the real basis on which
food values are determined. The
Government is responsible for the
high cost OF wheat by its guarantee
of t22e per bushel 20 the farmers
think that wheat would be worth
that much In the open market, and so
an appropriation OF $1,000. .00O, 900 was
passed In order to make up the diff
ference between what the Govern
ment paid for the wheat and what
| II expected to get for Il in the open
market. The United States Grain
Corporation thus far has made no re-
ductlon in the price, and so with
wheat at it's present high levels corn
Is up and also animals, at a record
level.
yet because prices are high certain
critics of the big packers are seeking
TO enact laws that. will cripple packer
activities. The war has terminated,
and the sooner tho Government re-
linquishes arbitrary power over all
human endeavor other than those
purely governmental in function the
sooner will our country be on its way
back TO normal conditions where the
old economic law of supply and de-
mand will govern and equallze TO the
satisfaction and contentment OF our
10000, 900 people,"
/ n0 OnOC lNCldlltTf Otutldl OTBhu VI
the retail shoe trade, explains the
high mounting cost Of shoes this way ;;
THE SHORTAGE IN HIDES IS
WORLDWIDE.
"The European demand for hides
and the world shortage OF skins have
sent hide prices soaring. Great Brit
aI.I has lifted her embargo against
American hides and shipments to that
country are enormous. Every coun-
try in Europe is clamoring for hides.
Now that the blockade against Ger
many has been ended the exports TO
that country will be limited only Dy
shipping facilities, Our information
Is that there will be constantly in-
creasing prices for footwear. This
situation will apply not alone TO the
United States but to every country in
the world where the people wear
shoes. Labor Is responsible for a
share OF the higher prices that are
coming. Since the armistice was
signed workers in shoe factories nave
received three increases in wages. and
have been granted shorter hours,
They are now agitatlng for additional
Advantages"
The Tanners' Council has these fig-
ures 70 show the range of hide prices
in 1918 and 1918: