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Show DECISION AGIST PLftfl OFPAGKERS REPORT ON PROPOSAL OF BIG FIVE TO DISPOSE OF STOCK YARDS. Claim That Plan Now Presented to Court Will Result in a Greater Monopolization of the Stockyard Service of the Country. Washington. The plan proposed by the big five packers to dispose of their stockyard interests to F. H. Triuce & Co. of Boston will not result in the separation of the stockyards from packer interests, the federal trade commission declared on Friday in a report re-port to Attorney General Palmer. The commission gave two reasons for its conclusion as follows: "The long-time stockyards relations of F. H. Prince with the packers have been such that the plan will not result, re-sult, in the opinion of the commission, commis-sion, in a divorcement of the stockyards stock-yards from packer interest. "The plan as outlined will result, in the opinion of the commission, in an infraction of the monopoly law of of the land greater and more serious than the existing infraction." The packers' plan to dispose of (Tie stockyard interests was drawn up after the filing of a consent dissolution decree de-cree in federal courts here, agreed upon by the packers and the department depart-ment of justice as a result of antitrust anti-trust suits brought against the packers pack-ers at Chicago. The commission recommended that the proposed sale be not approved by the attorney general. "That the plan now presented to the court," said the commission, "will result re-sult in a greater monopolization of the stockyard service of the country than now exists is shown by the fact that it will amalgamate into one holding company fifteen of the principal stockyards stock-yards in which the different packers now hold varying interests. A single holding company will own all fifteen yards. This will be a more extensive stockyard monopoly. The fifteen yards handle 73 per cent of the animals received re-ceived at all stockyard markets in the country." |