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Show i Livestock JntuatioaJ Considerable interest is being evidenced evi-denced in the Capper-Hope bill extending ex-tending the scope of the present Packers and Stockyards Act of 1921, which was designed to protect the interests of all concerned in the pro-luction, pro-luction, distribution and marketing )f livestock. Features of . this bill ;eem to have considerable merit and f it accomplishes a further protec-ion protec-ion for producers of livestock it ioubtless will receive hearty support. One purpose of the bill is to ex-end ex-end the same safeguards and regu-ations regu-ations in effect at the open live-tock live-tock markets, so that they may be nore far reaching, placing them .ack into the country, so that activ-ties activ-ties at local trading points, rail-oad rail-oad corrals, etc., may be properly jpervised. It is difficult to see .ow any reasonable objection can be lade to this unless through a de-'re de-'re to perpetuate unfair practices, his of course, will be brought out r whatever opposition may develop this feature of the bill. It is to i conceded that Federal super-iion, super-iion, in a practical way, cannot be 'tended to the trading at cross-ads cross-ads or individual ranches but herever there is a gathering place here buying and selling is carried i it is reeasonably practicable, but 'ite expensive, to establish super 'ision. A recent survey indicates that re are thirty five million more 'ople in the United States than -enty-five years ago, but in the ce of this there are about twenty-wo twenty-wo million fewer beef cattle, sheep nd swine from which they may scire sc-ire their meat supply. In the face ' this decline in meat food animals he number of dairy cows on farms has increased about eight million and as most of these cows eventually find their way into beef channels, the net loss of meat producing ani-! mals is about fourteen million head. On the face of this a shortage would be indicated, but tyiis conclusion conclu-sion must be tempered by the fact that through the adoption of more modern practices, a quicker turnover turn-over in meat food animals, particularly particu-larly mutton and beef has resulted, so that a considerably larger quantity quan-tity of meat food may now be produced pro-duced from a smaller number, of animals. ani-mals. This is borne out by the constantly con-stantly increasing tonnage of meatj being utilized in the United States in the face of decreases in livestock held in the producing sections. It was recently pointed out that market statistics may be likened to a road map, which is a convenient thing to have when one is in strange territory, and even in familiar territory terri-tory it may prove of value at times, as occasionally one finds that detours de-tours are necessary, many of which are found along the market roads. The tendency on the part of producers pro-ducers of all commodities is toward heeding authentic information from which they may draw conclusions In their productcion and marketing ac-. tivities. This is a highly desirable situation as it places the producer in a stronger position in best gauging gaug-ing production to meet demand requirements re-quirements and, of course, serves as a safe guard in assisting him to avoid losses in country selling where . the laws of supply and demand do j not function in an unhampered manner, man-ner, as is the case in th oepn central livestock markets. . j |