| OCR Text |
Show (? ?Uvestoclc f T NAUCHnjwJrj C Los Angeles, Juno 111, l'.lll: Industrial, In-dustrial, tiKi'icultui'ul and livestock interests ure moving actively to form :i contact with those at Washington who have in rhnre,e the admini.stra-tiim admini.stra-tiim of the new farm adjustment net and the national industry recovery bill. Central mm -ketinir organizations all through the country, oporatine; under federal licehse and established in hehnlf of the grower, are forinu-luting forinu-luting plans for submission to tho uilministration of an ethical code designed de-signed to give the greatest possible protection to the growers' interests, to the end of carrying out the avowed purpose of the agricultural adjustment adjust-ment act: "To establish and maintain Midi balance between the production and consumption of agricultural commodities commod-ities and such marketing conditions therefore will re-establish prices to farmers at a level that will give ag- i ricultural commodities purchasing; power with respect to articles that I farmers buy, equivalent to the purchasing pur-chasing power of agricultural commodities com-modities in the pre-war period, Aug- I ust, l)0!i-July, 191-1". So far as the livestock list is concerned con-cerned hogs are declared to be a basic commodity and subject to control with respect to production, marketing on the hoof, as well as. the products. So far, an administrator has been appointed to deal with the slaughtering slaughter-ing and processing of hogs and the marketing, of the products, and it looks like between . the two acts our whole plan of operation may be revolutionized, rev-olutionized, and it behooves all interests in-terests to line up with the administration adminis-tration policy. Both of the acts have sufficient "teeth" to compel coordinate coor-dinate action. Undoubtely, the agricultural agri-cultural act deals with our greatest industry and it is not difficult to see that with the farmers' purchasing power re-established, industrial activity ac-tivity is the natural result, and finally, fin-ally, with the employment of labor, we may expect to get back to normal conditions. There are a great many things to be considered in connection with the enforcement of these two measures, one of which is a suspension, at the! will of the President, of our anti-j trust laws in order to allow price agreement "and a code of ethical trade practices, ft seems that both of these measures the President has sought both sides of the question, viz., the' practical and the theoretical. The selection of men to administer the different features has so far been encouraging to believe that the practical prac-tical side will be given the right-of-way. We have always rather looked upon up-on our economists and educators as purely theoretical, resenting instead of encouraging suggestions and help; ful effort from that source, but maybe we are. all wrong. Certainly these men so well schooled in our fundamental laws should have a hearing, but finally, whatever their views may be, they must be worked out along practical lines, and practical prac-tical ability alone will determine the value of these theories with which we are dealing. , It is reasonable to assume that increased in-creased price of hogs will be sought with moderation and that whatever increase takes place will be gradual, having in mind the ability of the industry in-dustry to pass the products along the ultimate consumer; under the terms of the agitcultural "adjustment act it is reasonable to assume that there must be some restrictive measures in the movement of other kinds of livestock, the products of which are sold in direct competition 'with the products of the hog, and which, un-I un-I less controlled as proposed by the act, may defeat the purpose of the administration. It is reasonable to assume that the administrators will be alive to all of. the needs in this respect and certain-. I ly they have sufficient authority, to see that the production and market- j ing of the hogs and its products i.s ' not undully interfered with by any other commodity. " ! |
