Show STOCKMEN AND PACKERS AGREE Con Convention Plan Also Will Vill ill Protect Public Is Assertion Cr Dr Sortie SerrIe Chicago March Representatives 12 of oC tho the packing Industry and representatives sel of tho the live stock stock producers of ot the tho country concluded a conference I I hero bore today that had as Its object creation cre cre- Mien o of a reconstruction program and harmonization of or all Interests In ln- ln Voly voledA vol ed ed A t preliminary agreement was wal reached which It was said will work for tor tho the benefit of or both Interests and protect the th public from front exorbitant meat prices The Tho plan will wIn be administered by a a. Joint committee consisting of or oren ten en packers pack pack- ers ten producers two members of or ortho tho the National J Livo Stock exchange and bureau bu bureau bureau bu- bu ono member from tho the government reau of oC markets Hero are ale the tho chief objects sought Stabilization of oC receipts at tho the bl bin big packing centers eo so that a a. day five market mn may be maintained and gluts avoided Stimulation of or production and a study of QC cost of oC production toward that U at end Investigation of or packers earnings s b by I tra niK m toyed h hv by the committee I a c J p n overhead overhead overhead over over- 1 Elimination of ot unnecessary head and duplication of or plant on tho the side of ot the packers and abandonment of oC wasteful methods b by the th producers producer The Tho committee according to tho the plan Is 15 s to meet month monthly In Chicago Tho The meeting was composed of or representatives representatives representatives rep rep- of or the o fl big packers Armour Co Swift Co Wilson Co Morris Co and Co and el eleven cn smaller packers and representatives representatives represent represent- of or the Kansas Live Stock as assocIation association association as- as the Illinois Live LUo Stock ds- ds the tho Missouri Live Stock association association as association as- as and tho Corn Belt Delt Meat Producers Producers' Producers Producers' Producers Producers' Pro Pro- association In announcing the plan a statement was Issued In which the object of or the undertaking was given In n detail Wo We aro Impressed with tho the Importance importance tance of or reaching a better understanding understand understand- ing of oC the problems problems' more economic methods of or production and distribution distribution distribution tion to th the end that our business ma may maybe maybe be placed on a sounder basis baHls and In order that Hint the tho finished product bo be fur fur- ur hed tho the consumer at a minimum price committee compatible with cost coat costor of or production says sas the statement Tho Tiro committee committe according to the pin pia will formulate torm tho rules rulo-j and res regulations regulations regula regula- ula governing Its Us operation Subcommittees Subcommittees subcommittees Sub sub- committees will be bo appointed at various various va vo- va- va rious markets to govern goern operations and adjust an any ances grievances at nil any particular particular particular par par- market Financing or tho or organization is to tobe tobe be he equally equall divided between the packers pack pack- ers ors and producers tho the method of ot Ing Ing- funds to be left to tho the central contral committee which shall have havo as its chairman a a. producer 0 |