The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1919-05-21


$ or the Food: Administration directing
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 this
packers.
@As& the result of long negotiations
De'"een4 this body land the Packers
committee, representing the, As TO, 70
packers participating in foreign or.
ders, together with the Allied BUYERS
al! under the Guardianship Of tho
Food Administration. the fo7lowtno m.
oertaking has been. given by the pack
+erS:
IN view of, the undertakings on the
part OF the Food Administration. with
1egard to the co-ordinated purchases
OIL PORK products, covered in the at.
tached, it is agreed that the packers
participating in these orders will nm
dertake not to purchase hogs for less
tnan the following agreed minimums
1or the month of November, that is a
daily minimum of $3.50 per hundred
pounds on average of packers droves
excluding throw-outs. "Throw-outs''
TO oe defined as pigs under 100
pounds stays, bears, thin sows and
sk1ps Further, that no hogs of any
klnd 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 a given day. All the above
to be based on Chicago.
We agree that committee shall he
appointed by the Food Administration
to check the daily operations in the
various markets with a view to sinner.
vision and demonstration of the carrv-
ing out Of the above.
Inc ability of the packers to carry
out this arrangement will depend on
tnere being normal marketing of
hogs based upon the proportionate in.
crease over the receipts of last year,
The increase in production appears TO
be a maximum Of about IS DER cert
ana we can handle such an Increase.
Ii the producers Of hogs should. al
they nave in the past few weeks, pre-
maturely market hogs in such increas.
ing numbers over the above it is en-
t'rely 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. It is physical
impossibility for the capacity of the
packing houses to handle similar
over-f1ood of hogs and to find a market
Tor the output. The packers are anx.
1ous to cooperate with the producers
in maintaining ~stabi]ization of price
and to see that producers receive fair
price for their products.
<SigneO THOS. e. WILSON,
Chairman Packers Committee.
The plan embodied above was adopt.
ed by the conference.
The Food Administrator has annoint
ed committee, comprising Mr.. Thoma,
E. Wilson, chairman Of the Pack
ers' Committee; Mr. Everett Brown,
president Of the Chicago Livestock Ex-
change; = Major Roy of the Food ADJ
ministration. Mr.. Louis d. Hall of the
Bureau Of Markets, to undertake the
supervision of the execution of the
plan IN the various markets. Commits
sion men are asked to cooperate lin
carrying out the plan embodied in the
packers agreement. It must be eyi.
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. 49,
1t is believed by the conference that
this new plan, based as 1t is upon
positive: minimum basis, will bring bet
ter results to the producer than aver
age prices for the month. 1t does not
limit top prices and should narrow
the margins necessary to country buy
ters in more variable markets. It is
believed that the plan should; work out
close to $18saverage. #' A.:
Swine producers ofEthe country win
contribute 10 their own interest by
not foodin4 the market, for it must be
| evident that n. an excessive over per.