Show ft iW I AIES DIVORCED BY I I BIG P PACKERS I C Competition to Be Restored 1 Declares clares Attorney General 1 P Palmer liner After Decree Is 4 Signed ined by Justice McCoy l q i I BT Br Br Aro latt Pr Press u. u Washington Feb 27 Divorcement o ortho pack packers rs from all business not I directly to the packing of meat wa was was' 9 made mandatory today toda through signature signature by ly Chief Justice McCoy In Inthe Inthe the thc District of Columbia court courtIn In a decree filed by b Attorney General 4 tp Jm r with the concurrence of or thep the tho p packers JackeTS cl The Thc decree e. e which must be carried ou 01 out within two years cars affects S 87 81 corpor corpor corporations cor cor- por tlona and 49 19 of ot which Co Armour Co Morris Co Wilson Co c and arid the Cudahy Packing com company pan arc tho the major mem mom bers tI tIn Jin his ls statement to the court Mr rr Palmer mer said the was sweeping sweep sweep- ing in its scope adding that ho he was was' I sure ZU ft it t would be highly hl beneficial to th fbi tho nubile nubile-in in I. I Its effect fet rf Comp Competition 10 to n Restored stort The Th decree he said fald is designed deIgned to to- restore freedom of or comp competition and increase the opportunities for individual ual ua initiative In business which must mustin in lii time timo bear good fruit for the public Welfare In brief the thc decree removes the menace menaco of oC control of or unrelated Industries in- in by b- tho the bl big five and confines their activities In future to the busness business bus busi ne ness s of distributing meat and its byproducts by by- pr products ducts under an injunction which restrain them from unfair and unlawful unlawful ful practices M. M W. W Borders In making a a. Joint Statement for Cor the tho defendants said it was not guilt g which prompted tho p packers to enter Into the decree for Cor I 1 they havo not violated any law Instead In- In Instead stead the tho packers he said desired to I assure the American people that monopoly of or tho the food sup supply J by the packers was not possible to stop criticism of oC the industry damaging alike to It and to the tho people to promote promote pro pro- mote moto better understanding understanding- between the industry and the public during the dangerous period of or reconstruction and md to stabilize conditions in order that the efficiency and benefits of or the industry might bo he preserved ed Demonstrate Good Faith Feitli That the packing industry is ef efficient et- et and conducted on the smallest margin of or profits of an any largo large basic industry in tho the country countr he said Bald the defendants stand stanel read ready and willing to demonstrate at all times If It this is truo true as to profits which we most solemnly assert It Is to the Interest in interest interest in- in terest of or er e every man woman and child chUd in this nation that this essential and complex industry be given Iven just fair and equitable treatment |