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About The Ontario Argus. (Ontario, Or.) 1???-1947 | View Entire Issue (July 4, 1918)
1 . I m - ' ' ' 'I Are ONTARIO A1WHW ONTARIO OMDGON, THHWOAT nrLY 11, !! PAOB the Packers Profiteers? Plain Facts About the Meat Business The PedenU Trade OomndMioii in its recent report on war profits, tilled that the five lai'ffe meat packers have been profiteering and that they have a monopoly of the market. These conclusions, if fair and just, are matters of serious concern int only to those engaged in the meat packing business hnt to every other citizen of our country. The figures K'ven on profits are misleading and the statement that the packers have a monopoly is unsupported by the farts. The packer mentioned in the report stand ready to prove their profits reasonable and necessary. The meat business is one of the largest Anieriean industi io Any citizen who Would familiarize hismself with is details must he prepared for large totals. The report states that the aggregate profits of four large packers were $14(i.(KKi,(MK) for the three war years. This Hum is compared with lii.lMMI.OOO as the avenge animal Ths isiun i-- compared with !!,( M(0,(KH as tin- average annual that the war profit was $121,HX),IHX) greater than the pre-war profit. This compared a three-year profit with a one-year profit a niani h unfair method of comparison. It is not only misleading, hut the Federal Trade ('oimuiitsion apparently has made a mis take in the ggurcfl themselves. - The aggregate three-year profit of t14o,ooo,(mm was earned 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. Packers profits are a uegligttrie factor in prices of live stock and meats. No other large business is conducted upon nn di small margins of profit. Furthermore- and this ver important only a small portion of this profit hit- been paid in dividends. The balance has been pul back into the businesses. It had to be. as you realise when you consider the problems the paeken have had to sohe and solve quickly dm iny these war cars. To conduct this business in war times, with higher costs and the neccssitv of paying two or three times tin- former 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 provide additions and improvements made necessary by the enormous demands of our army and navy and the Allies. If you are a business men you will appreciate the aignif ieance of these facts. If you are unacquainted with business, talk this mat ter over with some business acquaintance with your banker, say and ask him to compare profits of the packing industry with those of any other industry at the present time. So evidence is offered by the Federal Trade Commission in sup port of the statement that the large packers have a monopoly. The 'omniissioifs own report shows the large number and importance of other packers. Tlie packers mentioned in the statement stand ready to prove to any fair minded person that they are in keen competition with each other, and the have no power to manipulate prices. If this were not true they would not dare to make this positiv statement. Furthermore, government ftgurai show that the five large paeken mentioned in the report account lor only about one third of the meat business of the eounti . They wish it were possible to interest you in the details of their hisincss. Of how. for instance, they can sell dressed beef for leal than the cost id' the live animal, owinji to utilization of bj pi.. ducts, end of the wonderful stoiv id' the methods of distribution throughout this broad laud, as well as in other countries. The five packers mentioned feel justified in co-operating with each other to the extent of together presi uting this public state merit. They have been able to do a big job for your government III It time of need; they have met all war time demands promptly and ouipletely and they are willing to trust their case to the fair miiidediieaa of ih- American people with the tacts before them. Armour and Company Cudahy Packing Co. Morris & Company Swift & Company Wilson & Company a v a . .. x v ONTARIO LAUNDRY .. Notice tor Publication. nnhmitm on-. iMtHioii. i - 1 uro Omoa at Vai.k, okm.un, June 7, IMS. N0TI1 t is hereby given mat Samuel K Haworth, uf Payette. Idaho, wl. February 7th, I ' I -4. made Homestead Application. No OSOtfo, tor l.ol 4, SKI SWI, S.SKi. NKINWJ, NiNKJ, Secti. it; South, Kange 4 Kaat, W illnmetle Meridian, ha hied notice of intention to make Kinal Three Year Proof, to establish claim to the land above deaenbed, before Register and Keceiver, V. S. Land Of rire at Vale, Oregon, on the loth day ef July, 191K. ( laimant name aa witnesses: John ( 1 row, Rube it H litlliapie, (harlea N. trow, Hoy J. Benson, all of Weiatr, Idaho. THOS. JoNr il-j 1 1 k.gisUr IXMT. 1 antes ha between I'ayette ami Outarlu, Monday morning Contain lady a and wan wearing apparel Reward Helurn to aVn Huren rooming liouae ::i 111 v W s.s MM 8AIJ6- Go fart In eic.ll.-ni condition Inquire Mra. J. It Ke uiuaaen M CHAMPION GARDENER ENJOYS 0. A. C. TRIP l.eo. Thompson Wluw i.aiilen t'r.i (lut'ta of Irt-t ei Mail- linn Hlntr i haiupioB), Tail of illl Aa the result 01 wiuuiiig tne state (hauiplonebip In the tub garden ooateoti with representative from til ovar the state Iahi Thompson, win of Mr and Mra. Wood Thompaou of On tario "ii Joyed a two-weeks trip to Corvallis. from which ha hat last re turned leo la lust IX year old and this Is not his first winnings In the agricultural field. On lila return the young man wrote the following Impressions for the benefit of other boys and girls who are striving for almllar honers: I left Outarlu June It early In the morning. When 1 woke up the first thing I noticed I was going dowu t!i Columbia river. We soon reached The Dallea where the train stopped fifteen mloutea so I had a Utile time to look arouud awhile I reached Cortland at 2:1ft that afternoon I aaw a little of Portland but u.ii nun because I didn't hate aj At Portland the Wasco Count) and girls got on the l I we went to Cortallla together A; I vailla Mr Seymour and Ml of the faculty met us l lie) tool to the house where we wart i" "a.' The next morning we wt.it in m. bly room and heard a tew U from the men In the aM.riioou aa went to the assembly hall again wbare Mr. Carlton talked to us for two hours of our work. Kroui three to els o clock we had for pleasure. Tbe next day we went with Mr Allan to study pigs. There we learn ed how to tell one breed of pigs from the other. We went to assembly hall again in the morning and at' noon Due day wa went out In tiic louutry to ntudy sheep with Mr Nel son, who Ih the nlieepmsil Mr Nel son saeni to know sll shout sheep. I We had uxHonihlv every day at MM and one n cluck. We -luiied Inn potato.-. 111111, garde, dan. 1. and beef cm I. The tneii Unit iuu u these tudil 1 Ugl nil 'hat huh pn isibie 1 lui " 1. Ill to Bit . 1 ., r. ;.. ;,,, . mid n 1 1 "in. 1 ..- u . u pound That ihcim n kjuj R ,'inl dance at tin iiniuniuiu. I iiillniug in.irniiiK ' bad .1 I to i"cide l. at we would do Bjltl " We electeii fiurolil I; . pit .It-11 1 and Muigaiel Honnev Ma-1 f sad treaaurer and then ail. it to the college loau tun. I .mil call. ' UK it llr K ITIM. III. .1 K (Continued Hrst Page.) it the "Cherry I -nan Kuud Taa in-M morning we made ready to leave tor our homes The laat four left on the wme train I arrived liome Ji. I.BO THOMPSi the a14Ud.l1. .11 nasi to ours were put nut or coiuiiilHsiou fie nili.r night In an air radn ami Die. ui sdad souis ImiiI) to lake cure .i their gun. notlier urmourer and meir w. Bl . help them out and for tin tune M are atlu. lied In llnir hiii. run. One night tlilx ,n-k I v.nrk. mull lip III selling il.e gajgja fU. 1 M .illir a late tiiutii Imiik muiit I . Hnt 1 . 1 L.iUgl. mil sh bad llianki. ew 1 ll will 1- .ihle to gel ll ci ;rnliabl get 11 chain ' ug Dal almi xeiii .1 I he able to get tloaj flaj 110a iuite a time. (iol a daud Iiiiiii T11111 lie .aid ll 111. .. safety raxor aome time ago Inn It l..i . never reached me AJaa aaard Iron Olio and a couple of my "fra. ' brothers here In I Wish I could run into some of them Ju( rtalshad wat-hing sud ska v lag WUk "U mill. 1 .... taa Utile bouse I liSV. Ini.ll ,1 ..fon.inlc Mi. 1 ,,l . in. an a'r raid un u "iiig I like 11 fills . ...i amp In I ui. ,ry lit 1 1. I ;.n .. H tie aland tad rail ia.-i i ot .ia Ha van' . i . . . 1 i ... . ua v ur iiki v .. rivi iriin. ... n tliiiuh.ii.il bl bftvi I. l'.i 1 ara and tt ill) 1.. in . ; pli .. .1 1.. .11 niiii ilia I u: . ...i a lul 1.1 . Ill .1 1 1 ..11..1 liar 1 1 un r In cite tl in I 1 j'. ' 1 nturlo pap 1 1 it n ika in.. M l.-ll.l . un 11 en louight, xn will Beat or love r.n.i.t a "-!