Evening star., 1933-08-18
BY the Associated Press.

BY the Associated Press.
CHICAGO, August 18.-In an ad.
dress today at the Century of Progress
Exposition outlining the' emergency
program for Government purchase of
100000 swine, Secretary of Agricul-
ture Wallace said, In part:
Hogs have been selling all Summer
for about one-half their fair exchange
value, or less than almost any other
commodity. Farmers. packers and
commission men have all agreed to
stand behind the following program:
Buy from farmers enough pigs. or
light hcgs and enough sows due to far
row this Fall, SO as to remove from the
Fall and Winter markets from 600, ,000,-
900 to 0000,0 900 pounds of live pork.
The total reduction in tonnage for the
1933-34 marketing season. as a result
of this emergency program. may
amount to as much as 100000, 900
pounds of hogs live weight.
Increase in Prices.
THAT total is about 16 per cent of
the hog tonnage normally marketed.
If past experience is any guide, re-
duction of Is or 16 per cent in market
supplies should increase hog prices for
the season by anywhere from 25 to 80
per cent. Prices paid for these pigs
and sows will, believe, be sufficient to
warrant the cooperation of hog pro-
ducers.
THE animals will be processed in
the usual manner, but the edible por-
tion will be kept out. of the normal
channels of trade That will be avail
able to relief agencies for consumption
by families in need, and possibly to
some extent for sale in the export mar
ket The inediJle portion will be so
handled as not to interfere with the
market for this type of product.
ITO procure funds for the program
it will be necessary to levy processing
tax on hogs and hog products. At pres
ent market prices the tax would have
to be sufficient to bring in about 500,
600 600. A tax of considerably less than
a cent a pound would accomplish this
purpose, but it is impossible at this mo-
ment to state the figure with any exact
ness
In order to take this six or seven
hundred million pounds of the market
it will be necessary to purchase from
farmers about a million sowS due to
farrow and about four million pigs or
light hogs weighing from Is to 100
pounds. The sows bought must have
minimum weight of 275 pounds.
Bonus to Be Paid.
I'VE shall expect to pay for the sows
bonus of 81 head plus the market
price of packing sows on the day mar
keted For pigs and light hogs under
100 pounds it is intended to pay from
6 to 912 cents a pound. the price be-
ing graduated according to weight. the
higher price per pound for the lighter
pigs.
The purchase of these sows and pigs
will be made by specified professors
for the account of the Department of
Agriculture. We shall contract with
properly qualified professors for the
purchase of an allotted portion of the
total tonnage desired at the prices
have listed. The professors will slaugh-
ter and process the hogs, subject to
examination by Federal inspectors, both
before and after slaughter, on the usual
cash basis.
THE product then will be held in
storage or disposed of for us by the
professors as We may direct Process
sors will be reimbursed for the cost
OF processing upon presentation of de-
tailed, itemized statements. and upon
the basis of per-unit charges agreed
upon in advance.
The inedible products-grease and
fertilizer-will be disposed of through
the usual channels of trade at the best
prices obtainable and should be distrib-
uted in such manner as not to upset
the market.
Food for Needy.
"The edible products will be
disposed of primarily by relief agencies
and perhaps to some extent in the export
market. The emergency relief admin
stration has indicated its desire to dis
pose of the entire amount of meat re-
sulting from the operation of this emer-
gency program by distribution to needy
persons. The meat for this purpose will
be purchased at a price sufficient to de-