Salt Lake Herald-Republican | 1920-04-24 | Page 14 | Indict Meat Dealers, Packers Make Reply

INDICT MEAT DEAlERS PACKERS MAKE REPlY New Nm York Tork April 23 Indictments charging Ing profiteering In meats wore were returned lolla today tOlaY b by a federal grand Jury In Brooklyn against tho the Chicago packIng packIng packing pack- pack Ing houses of ot Armour Co Swift Co an and Wilson Vilson Co and their r rep rep- p- p here Concerning the tho Indictments returned today tOllay by tho the federal ran g-ran grand Jur Jury In 11 Brooklyn against representatives of ot Chicago packers Armour Co made the tho following statement Bucking tho the law of ot supply and demand donand dc- dc mand nand with n indictments IK lie like Ilk buying at tho the moon so far as it affects price fluctuations In marketing meat Fresh resh meat Is a perishable product and as ns such is most responsive to supply and demand Recent developments de such as ns the live stock handlers handlers' strike and tho outlaw outlaw outlaw out out- law railroad strike created a a. situation In eastern castern markets which made mado meat worth more than it was worth the week before in fact it mao made a profit possible after many weeks of losses If It Is consistent the tho grand Jury probably probably probe ably will return Indictments against the consuming public when the situation situation situa situa- tion changes as It usually does docs and meat has to be sold at a a. loss The Thc price of or meat Is nearer tho the prewar prewar pre pro war level than In tho the price of ot other essential commodities There Is Js a propaganda designed 1 to tomake tomake tomake make people think that meat meat meat-Is Is too high and this propaganda threatens ruin to the producers of or live stock and a n probable meat shortage In the future