The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-01-24

Louis y. Swift Says Trade Com
mission Caused Half Of His ST..
10000 Expenditure for Public.
ity; Armour Explains Dividend.

Washington. Jan. N'-Louis a.
sedft presiden; q swift A Company.
VS. heard again TO-DAY b the house
interutate commerce committee cn
The pending bill propoalng govern
merit Regulation Of the meat packing
Industry
AR. swift said that the packcr.i h.
~ycatnients In banks. market neNspn-
pefs and other adiuncts - the packing
industry. were not used 20 control
shipments OF prices u livestock.
neplylnr 10 Representative Dillon.
% south Dakota Mr. swift said the
maturlne dates IL cattle morteaees
held BY hanks IN which the packers.
we're Interested we're fixed ~ tho Dor
the cattle remained with the owner
and that n the banks attempted 10
dictate the Time or place of sale the
owner could transfer his loan TO 9TH
or banks Tho packers. he said. cav
little attention TO their market papers
Ar. swift raid hs company bo.
came Interested In real estate develop
ment projects through the establish.
mcnt u mes plants where u WIS nee
essay 70 provide houses TO obtain en-
me witnesn reiterated hls statement
thar clsaatrnus conditions would re-
SUI MWN""| WV NWWM administration q
control ovcr the price 81 livestock was
continued until normgl conditions are
restored.
4 think We ought 10 have some
government agency 10 ns prices IT,
respective 81 war" Representative
Stephens % Nebraska. said. ARE We
% - back 10 AZ the,e violent nue-
tuationa sitter he var"
Icnrc Cunfrul PractlcniF
"contrrl h practical duriag war
time hut I 10 not know whcfher n
would work under normal conditions
Mr. swift sAld. 1t u practicable how
ltcauae tho food ADMINISTRATORS con-
tfoi over buying Tor the allied Eor-
ofnmcnts virtually dominates tho mar.
ket n would BE- u good thing II We
would have some system % rulhiliainE
prices. on the basis Of cost Of pro-
duction. Anything that viii make m
average price Tor u given length 81
time y better han b same price
arrived AZ through Wide variations
Questions by R-eprcssntauVe Berk-
Icy o. Kentucky. developed that swift
A Company expenditure Of ii.5oo.-
900 for Advertising iu 1915 was twice
the SUR spent the preceding year Mr..
swift said half tho Increase had been
duo TO natural growth Of their adj
NertisinG department and the other
half wan spent because of tho ''propa-
Randa bcinr put ont By the federal
trade commission. He raid there ~us
one coifsrence hetween The psci IN
a. 4, a ioint advertising campairn but
that no agreement Wa reached.
md M. sch a. d. !
-Dld your company cndeavor 10 oh.
tain I'M services % ths Associated
Press IN distributing the yiews III
swift A COMPANY asked Nr fttrE.
ley.
Not that know Of" Nr. swift AN.
ruored. "If We have IA rtafemrut 10
give out W give u 10 the Associated
I Press and 10 All ohannsh OF public.
lty."
'Whon Mr.. Mayer counsel for Ar.
mour and went 10 Now York
10 ny 20 net the Associated Press 20
carry a reply for Armour and com.
pany 20 the federal trade COMMISSION
/ inquiry. AID he represent swift a
aCompanyf ~
Not AZ all"
AR. Mayer testified "Wednesday that
the Associated prcas refused a. carry
4 reply unless ID was given al an open
hearing AZ the testimony Of the fed.
oral trade commission had been given.
AR. swift said his was ln.
tcrcnted with Armour ln "a salt com.
pany because neither 81 the packers
had been able TO obtain sufficient salt
for their business In "a box company