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About Jacksonville post. (Jacksonville, Or.) 1906-19?? | View Entire Issue (July 13, 1918)
The Federal Trade Commission in its recent reports on war profits, stated that the five large meat packers have been profiteering and that they have a monopoly of the market. To conduct this business in war times, with higher costs and the necessity of paying two or three times the form er prices for live stock, has required the use of two or three times the ordinary amount of working capital. The additional profit makes only a fair return on this, and as has been stated, the larger portion of the profits earned has been used to finance huge stocks of goods and to pro vide additions and improvements made necessary by the enormous demands of our army and navy and the Allies. These conclusions, if fair and just, are matters or serious concern not only to those engaged in the meat packing business but to every other citizen of our country. The figures given on profits are misleading an I the state ment that the packers have a monopoly is unsupported by the facts. * * ♦ The meat business is one of largest American industries. Any citizen who would familiarize himself with its details must be prepared for large totals. * This sum is compared with $19,000,000 as the average annual profit for the three years before the war, making it appear th at the war profit was $121,000, greater than the pre-war profit. If this were not true they would not dare to make this positive statement. Furthermore, government figures show that that the five large packers men tioned in the report account for only about one-third of the meat business of the country. They wish it were possible to interest you in the details of their business. Of how, for instance, they can seil dressed beef for less than the cost of the live animal, owing to utilization of by products, and of the wonderful story of the methods of distribution throughout this broad land, as well as in other countries. * The aggregate thre-year profit of $140,000,000 was earn ed on sales of over four and a half billion dollars. It means about three cents on each dollar of sales, or a mere fraction of a cent per pound of product. The five packers mentioned feel justified in co-operating with each other to the extent of together presenting this public statement. Packers’ profits are a negligible factor in prices of live stock and meats. No other large business is conducted upon such small margins of profit. ♦ ♦ They have been able to do a big j.>b for your government in its time of need; they have met all war time demands promptly and completely an I they are wil ling to trust their case to the fairtnindedness of the Amenean people with the facts before them. ♦ Armour and Company Cudahy Packing Co. Morris & Company Swift & Company Wilson & Company Furthermore--and this is very important-only a sm ill portion of this profit has been paid in dividends. The balance has been put back into the businesses. It had to be, as j ou realize when you consider the problems the packers have had to solve and solve quickly, during these war years. I * The packers mentioned in the statement stand ready to prove to any fair mind ed person that they are in keen co npetition with each other ani that they havs no power to manipulate prices. This compares a three-year profit with a one-year profit—a manifestly unfair method of comparison. It is not only misleading, but the Federal Trade Commission apparently has made a mistake in the figures themselves. ♦ * No evidence is offered by the Federal Trade Commission in support of the statement that the lar„e packers have a monopoly. The Commission’s ow.t re port shows the large number and importunes of other packers. The report states that the aggregate profits of four large packers were $140,000,000 for the three war years. * * If you are a business man you will appreciate the sig nificance of these facts. If you are unacquainted with business, talk this matter over with some business ac quaintance, with your banker, say- and ask him to com pare profits of the packing industry with those of any other large industry at the present time. The packers mentioned in the reports stand ready to prove their profits reasonable and necessary. ♦ * stuel out of the Circuit Court for ihe and S.E. q of S. W. q of Sec. 12, T wn State of Oregon f r Jackson County, ship 37, South of Range 3 '.V., W, M. In Re Frank Ludvig Benson Estate: dated July 8, 1918, in a certain action Da'el at Jacks invi le, Oregon, July 8, Legal Advertisements. NOTICE IS HEREBY 'GIVEN that at law Wherein Charles Nickell as 1118. R alph G. J ennings Ellen Benson, Administratrix of the plaintiff on May 11, 1917, recovered a Sheriff of Jackson County, Oregon. estate of Frank Ludvig Benson, deceits judgment against Charles E. Wolcott, By Leslie W. Stansell, Deputy. ed, having filed her final report and ac defendant, for the sum of $7-1.29, with Administrator’s Notice counting in said estate, therefore, no interest thereon at 10 per-eeit per tice is hereby given ¡that the County annum from May 30, 1895, and $50.00 Cannot Grow Coffee in Europe. Judge of Jackson County, Oregon, has attorney's fee and $25 00 costs, which Attempts were made by the Dutch Notice is hereby given that the uti 'set Monday the 29th day of July, A. D. judgment was entered as page 2-17 of to Introduce coffee cultivation in Eu dersigned has by order of the County I 1918, at 10:00 A. M. ot said day at the ' volume 2 of Judgment Lien Docket of I , rope. but without success, as tlie cli Court of the State of Oregon, for Jack- i office of the County Judge in the Court said court on May 11th 1917, I will on matic conditions were not favorable. A •on County, been duly appointed admin 1 House, Jacksonville, Oregon, as the August 12, 1918, at 10 o’clock a. m , number of plants were raisuil In the istrator of the estate of Robert J. B > i date, time and place for the tinal hear hothouses of the botanical gardens nt nar, deceased. All persona having ing on said report ¡and accounting and at the front door of tne courthouse in Amsterdam, and the mayor of thnt city Jacksonville, Jackson county, Oregon, «ent some of these plants as a present claims against said estate are hereby ut which time anyone inteiested or hav notified to present the same duly veri ing any objections to the said final re offer for sale at public auction and sell to King Louis XIV of France, who had fied, as require I by law, to the under port and accounting may be present anil for cash to the highest bidder, to them cared for in the hothouses of the satisfy said judgment, with cost of ‘Jardine des Plants” In Paris, where signed at Medford, Oregon, within six tile said objections and be heard. this sale. Subject to redemption as they yielded several crops. (8) months from date hereof; and all Dated this 28th day of Jun«, A. D provided by law, all the right, title and l>ersons owing said estate are hereby interest that the above named defend 1918. Sleep, the Restorer. requested to pay the same immediate ant had on March 10, 1917, or has E llen B enson , “Early to bed, early to rise" 1« a ly Administratrix. since acquired or now ha* in and to splendid maxim for the nervous pa Dated: June 22, 1918. Estate of Frank Ludvig Benson,'Dic’d. the following described property. tient to follow, for sleep is undoubted D. A. B on At. Situated ri Jackson county, State of ly the greatest health restorer in the Administrator of the estate O i gon, towit: The N. E q of N. ‘A K world. Be sure thnt there Is ploty of of Robert J. Bonar, deceased. I Notice of Sheriff * Sale <1 N. W . q of N. e q ■ ■ • ■ good fresh air in t' > bedroom, and of > Eq and S. W , of N. E q ut ten a hot bnth taken before retiring W, E. P hipps . Sec. 7, township 37 South of Range will relax tense nerves to such an ex- Attorney for estate, Med Notice is hereby given that pursuant w tent thnt sleep comes very readily. and the E j of N. W.q ford, Oregon. to an Execution and order of Sale duly “ N otice i Give Children Toys That Teach. 1'oys which develop the imagination re better than intricate mechanical oys and elaborately dressed dolls. N’ext to a ball, the very best plaything ■* a set of blocks, which is capable of being transformed Into anything de- li'ed, from a train of cars to a pigeon louse. Give a boy of five n hammer, some nails and a few pieces of wood mil see what he can make—the re mits are often surprising. Children ove to create, ami the toy which they m-’de themselves will give a more listing pleasure than the usual elabor ate plaything bought ready-made. from wounds to one chance of dying from them. One chanpe in 100 of losing a limb. Will live five years longer because of physical traing, is freer of disease in the army than in civil life, and has better medical care at the front than at home. In other wars from 10 to 15 men died from disease to 1 from bullets; in this 1 mar die3 from disease to every I 1 was 10 from bullets. For thase of our fighting men who . do not escape scatheless, the Govern ment under the soldier and sauor in- surance law gives protection to the and their dependents and to 7 he Soldier ’s C hances | wounded the families and dependents of those who make the supreme sacrifice for Great as the danger and large as the their country. osscs <n the aggregate, the indivual soldier has plenty of chances of coming lout of the war unscathed, or at least i Meaning of White Spots on Nails. One who has white spots on the rot badly injured. jails should not become alarmed. Based on the mortality statistic* if These do not point to an early death, the alii d armies a sold' r’s chances but are rather due to Inferior nutrition i e us follows: and may be regarded as a warning 1 we v nine chance* of coming home that poor health, mental or physical, may be expected unless It be guarded to one of bei"g killed. Forty-nine chances of recovering; against