Show N D r IN H HOG P I f U lf r Government Food Head Holds It Would Be Unfair and Mistake to Withdraw Guarantee By Associated Press V J ASHINGTON Jan 21 W W Frank S S. S Snyder head of the food administration meat division said today that despite n surplus he would not l c f recommend abandonment of ot the price priceS S i agreement policy when the hog committee com com- meets January 28 to consider the price for tor February Februarys The i The Tho p present surplus Mr Snyder would turn Into a u definite 1 elicit deficit 4 this year He lIe said the pen pen- i would swing within three months if It Europe could get the money and ships to take tale Its requirements BASIC BASIC PRICE PRICE FIXED JG h Under the price agreement policy t the basic price of ot hogs was mant man maln- t l ined e in October at 1850 and at 1750 50 during the past three months The ahe agreement is fixed by a com com- l composed of ot representatives of the food administration the agricultural agri- agri I cultural department the packers and I the the producers and commission men r. r Mr Snyder said the food administration adminis adminis- I tra tr lon In honor could not recommend mend mend the abandonment of ot the agreement agreen agree- agree ment n with the producers which was based eased sed on the cost of ot production and yas v-as j made to stimulate hog breeding I. I L to feed the allies The administration to stabilize the price so info iJ farmer lG farmer could count on getting for forach e ach ach ch pounds of hog ready for l market thirteen times the average cost per bushel of ot corn fed into the hogs he said and It now means to todo todo do justice to the farmer k l HUGE LOSS THREATENED Application of ot the principle it was explained will depend on any changed conditions Pointing out that of ot the hogs marketed in this co country country coun coun- m- m try every month half halt are purchased outside Mr Snyder said if It the food c t Administration forced a loss on the ther r r farmer Jarmer at this time in violation of ot its pledge in response to a demand of ot l the Chicago board of ot trade it would bo he for tor the benefit of ot foreign purchasers purchasers purl pur pur- l chasers and not the packers A drop of 10 10 he said would involve a loss I to 9 Ule the Ithe farmer of about |