APPENDIX 391 



It is contemplated that the committee shall carefully investigate the annual earnings 

 of the packing industry, including all the subsidiary companies; it shall be the privilege of 

 the committee to employ a committee of public accountants of recognized standing to audit 

 the yearly statements of the packers. Any statements or figures furnished to the committee 

 by the packers, or by the producers, from time to time, may also be subject to verification 

 by public accountants. Whenever duplication and unnecessary overhead expense are dis- 

 closed, it shall be the duty of the committee to recommend the elimination of the same. 



It is contemplated that whenever certain methods and systems used by the producers 

 may be shown to be wasteful or detrimental to the industry, it shall be the duty of the com- 

 mittee to recommend the elimination of the same. 



It is contemplated that in regulating the receipts of livestock during abnormal times 

 it will be essential that the committee shall have the support of the Railroad Administration 

 or the Interstate Commerce Commission to the end that the regulation of transportation 

 as recommended by this committee may control the receipts at market centers. 



We feel that the membership of this central committee should be composed of the 

 following representatives: One from the Bureau of Markets of the United States Department 

 of Agriculture; two from the National Livestock Exchange, ten packers, and ten producers, 

 representing the cattle, hog, and sheep industries, with alternates a total of twenty-three. 

 This central committee shall have authority to add one representative of the stockyards 

 and one of the railroads, if it sees fit. 



It is understood that the producers here present will take steps as soon as possible to 

 notify all livestock producing organizations of the action here taken, and to call a general 

 meeting of three delegates from each state, to be selected by the State Associations, and three 

 delegates at large from each of the National Livestock Associations and the Southern Live- 

 stock Association, and it shall be the province of this meeting to select the ten producer 

 representatives that are to serve on the central committee. 



It is contemplated that the producers will exercise the utmost care and diligence in 

 selecting their representatives, who will be men of unquestioned standing and ability, and 

 that the packers shall name as their representatives the principals of the institutions 

 represented. 



It is understood that this committee, when appointed, shall formulate the rules and 

 regulations governing its operation, and that a producer shall be selected as its chairman. 

 The headquarters of the committee we feel should be in Chicago. 



The permanent committee shall create the sub-committees at various markets and shall 

 formulate the rules and regulations governing their operations. The purpose of these local 

 committees is the immediate adjustment of any grievances, such as dilatory handling of 

 excessive variations in the purchase price paid for the same grade of live stock on the same day. 



We suggest that the financing of this organization be divided equally between the pack- 

 ing industry and the live stock associations, and that the methods of raising the necessary 

 funds be left to the central committee. 



Parties Who Participated in the Conference Were: 



Geo. T. Donaldson, President Kansas Live Stock Association, Greensburg, Kan. 



J. H. Mercer, Secretary Kansas Live Stock Association, Topeka, Kan. 



Pet Nation, Kansas Live Stock Association, Hutchinson, Kan. 



John Edwards, Kansas Live Stock Association, Eureka, Kan. 



Dan Casement, Kansas Live Stock Association, Manhattan, Kan. 



Arnold Berns, Kansas Live Stock Association, Peabody, Kan. 



C. L. Daughters, Kansas Live Stock Association, Manhattan, Kan. 



J. G. Imboden, President Illinois Live Stock Association, Decatur, Illinois. 



Carl Marshall, Illinois Live Stock Association, Ipava, Illinois. 



E. F. Keefer, Illinois Live Stock Association, Chicago, Illinois. 



C. D. Yancey, President Missouri Live Stock Association, Liberty, Mo. 



S. P. Houston, Vice-President Missouri Live Stock Association, Malta Bend, Mo. 

 S. T. Simpson, Secretary Missouri Live Stock Association, Columbia, Mo. 

 A. W. Nelson, Missouri Live Stock Association, Bunceton, Mo. 

 A. Sykes, President Corn Belt Meat Producers' Association, Ida Grove, Iowa. 

 Henry C. Wallace, Secretary Corn Belt Meat Producers' Association, Des Moines. 

 E. L. Burke, Omaha, Nebraska. 



T. F. Moody, Buyers' and Sellers' Association of Texas, Canadian, Texas. 

 Peter Fleming, Prairie Farmer, Chicago. 

 Thos. E. Wilson, Wilson & Company, Chicago. 

 V. D. Skipworth, Wilson & Company, Chicago. 

 R. F. Eagle, Wilson & Company, Chicago. 

 ., Arthur Meeker, Armour & Company, Chicago. 

 J. Ogden Armour, Armour & Company, Chicago. 

 R. D. McManus, Armour & Company, Chicago. 

 Edward F. Swift, Swift & Company, Chicago. 

 G. F. Swift, Swift & Company, Chicago. 

 T. H. Ingwersen, Swift & Company, Chicago. 

 W. B. Traynor, Swift & Company, Chicago. 

 L. D. H. Weld, Swift & Company, Chicago. 

 Edward Morris, Morris & Company, Chicago. 



D. R. Buckham, Morris & Company, Chicago. 



E. A. Cudahy, Cudahy & Company, Chicago. 



