Evening Republican, Volume 21, Number 152, Rensselaer, Jasper County, 8 July 1918 — Page 4 Advertisements Column 2 [ADVERTISEMENT]
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 man you will appreciate the significance of these facts. If you are unacquainted with business, talk this matter over with some business acquaintance—with your banker, say—and ask him to compare profits of the packing industry with those of any other large industry at the present time. * * * * No evidence is offered by the Federal Trade Commission in support of the statement that the large packers have a monopoly. The Commission’s own report shows the large number and importance of other packers. The packers mentioned in the statement stand ready to prove to any fair minded person that they are in keen competition with each other, and that they have no power to manipulate prices. If this were not true they would not dare to make this positive statement. Furthermore, government figures show that the five large packers mentioned 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 sell dressed beef for less than the cost of the live animal, owing to utilization of by-pro-ducts, and of the wonderful story of the methods of distribution throughout this broad land, as well as in other countries. The five packers mentioned feel justified in co-op-erating with each other to the extent of together presenting this public statement. They have been able to do a big job for your government in its time of need; they have met all war time demands promptly and completely and they are willing to trust their case to the fairmindedness of the American people with the facts before them. Armour and Company Cudahy Packing Co. Morris & Company Swift & Company Wilson & Company
Paul Beam spent Sunday in Indianapolis. Mrs. D. Dobbins spent Sunday at Monticello. Maude Reynolds returned Saturday from Chicago. Mr. and Mrs. D. E. Grow are visiting at Wabash. Mr. and Mrs. David Haste, of Gary, spent Sunday here. Evelyn Wagoner returned to Chicago Sunday, after a visit with Mr. I and Mrs. Goodrich. *
