Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-01-13
PACKE Rs FLAYED
IN An ADDRESS
By FL PAs0 MAN
w. w. Turney Claims There
Is No Competition; Urges
StoCkmen to Reduce the
Number of Cattle.

| FL pasO, Tex, Jan. lZ.---N w.
.Turney of FL Paso, president of the
| Cattle RaiserS association OF TeX-
as. arraigned the packers today in
an address before the American
National Livestock association. He
said:
'"rhey tell u.s." declared Turney.
that in the business of the packer
there is absolutely the sharpest
| kind of mpetition-that they ac-
tually fight each other The Amer
| lean Meat Packers association re-
ports come to me, but | have never
discovered in them any divergence of
opinion. Now you men have diver
| gence of opinion, you have differ
ences, you have hot arguments, put
/ have never heard of a disagree
ment between the Five Big ones,
or the 244 little ones.
They tell us not only there
is the strongest kind OF COMPETE
ton amongst them bat that the
big fellow and the little fellow in
dividually and collectively, have no
more to do with the sale pEiee of
the product than you have. In
other words, that Swift, Morris,
Wilson and Cudahy have no more
to do with naming the sale price
of their wholesale product than
an outsider.
How Statement Works out.
az cts see how that statement
works out. The packers have CIV
en- us the information that his been
1.-The most disastrous year almost in
itheir history. 1t has been said that
1.-The great credit due the packers
was that they absorbed your prod
uct when it came, fat or lean, when
it came by thousands or by mil
lions, that they always had the
money and always paid you some
thing for it whether they needed II
or not. During this past fall ami
. mails of every kind and price re-
NAMED in the Kansas City stock
yards and in the Chicago stock
yards eating forty dollar hay tha'
3, cost fifteen dollars cut year before
Hast, until they grew so thin that
: they almost blew away, and nc
hacker, no speculator and no coua-
= Try buyer appeared to take them
off YOUR hands. So that great pro-
b. nouncement that they never let'
=. one unbought has been exploded.
. THE packers tell US that it was
a bad year. and yet Mr.. Louis
Swift says that by figuring arount
a little. pulling here and pulling
there, he was able for the veal
192O to declare Il dividend o.
d. twelve million dollUrs net-+-S pei
cent on about $3.50, 100000. Where
). did the $150,OO0,000 come from?
. who made the $3.50, 100000 upof
which during a panic, during
period of world distress they cal
j.. declare a $12,000,000 dividend ant
!, what will they be able to do !
somebody doesn't look after thei
business?
f Nothing for The Hide.
= "And while they were makln'
!. this big dividend they gave yo'
nothing for the hide: they allowed
YOU nothing for the other by-prod
T. ucts worth mentioning because the,
L said they were non-salable. |
!, hides come back, or partially com
i back, they have them now store
by the millions. If fat comes bacI
and the price doubles, you neve
4 hear of it, though you lost it whe'
: You sold your animals.
"These same men are groupe
with the great leather companie
doing business in New England
These great leather companies
when hides are so low, down at m
: shipping station offer dollar TO
, grown hide and fifty cents 10