Show PACKERS PLAN HUGE MERGER representatives OF TWO COR PRESENT PRO POSITION TO WALLACE consolidation would be effected by purchase of morris company by armour fifty million dollars Dollar sP involved ka L 11 prop proposal oeal involving consolidation of df the huge packing JR in teresta of armour and company tind and company two of gf tile big five packers was presented to government officials for federal approval under tho the puckers packers act and sherman antitrust anti trust law of the two con certis cerna headed IT by J ogden armour mill ti ire liend head of armour tind company conferred with csatary cra tary of agriculture for tin nn hour tile the would ho be effected by tile the purchase of the company by tho tha armour interests it wits learned tho financial interests involved would total t it wits said the plans tor for consolidating tile tho two great gre at eting concerns according to reliable information tire in a tentative s tago stafie and will be left open for further negotiation the proposal ns submitted to secretary of agriculture allace wallace nl lace probably will bo be amended to moot meet such objections objection as might he raised by government officials under powers vested in them bliem by tile the packers act aud and tho the sherman law tho the confer conference lasted fasted more than an hour later it was learned the proposal would also bo be presented to attorney general Se before ahe he consolidation would he be effective it was said tile tho deal boutil have to he be officially approved approve tl by the department of justice and the department of agriculture following the conference secretary said that the proposed deat deal was too ton important to be discussed until its details were thoroughly studied the secretary said however that one phase of it would have to te ho PUBS pass ed ad upon by the department of agriculture I 1 one phase ot of the proposed nepo negro lla tiati tlona ons comes under the packers packer 31 net and the department of agriculture would have authority to pass upon it said wallace this phase probably would came under the powers transferred to this department from the oderal trade commission the nero niso would have to be passed upon by department the of justice under the sherman act |