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ARE THE PACKERSPROFn'EKKS?
Plain Facts About the Meat Business
Th«* FeiJpral TraiJo CommiHBioD in its reoput report on war
protitH, that t!ie five lur^o moat packers Imve been prof-
iteerinjf atut that they have a monopoly of tho market.
These conchiHions, if fair ami ju«t, are matters of s»*riou« con
cern not only t<» those en^aKetl in the meat packing buRineijs but
to every other citizen (»f our country.
The fijfures jfiven on profits are misleailitiK iind the 8tatement
that the packers have a monopoly is unKUppc*rte<! by the facte.
The packersmentioneil in the report stand ready to prove
their profits reasonable and neceusary.
The meat business is one of the lar^jeat An>erican industries.
Any citizen who would familiarize himself with it8detailsmuat
be prepared for large totals.
The report states that the aggregate protits of four large
packers were $UO,OflO,OUU for tbe three war years.
This sum is compared with $19,000,000 as the average annual
protit for the three years before the war, muking it appear that
the war profit was $121,000,000 greater than the pre-war protlt.
This compares a three.year profit with a one-yoar profit—a
manifestly unfair method of comparison. It is not only mis.
leading, but the Federal Trade Commission apparently haH
made a mistake in the figures themselves.
The aggregate three-year profit of $l40,00(»,0oc 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 negligible factor in prices of live stock
and meats. No other large business is conducted upon such
small margins of profit.
Furthermore- and this is very important—only a small por
tion of this profit has been paid in divi«lends. 'I'he balance has
been put back into the businesses. It had to be, you realize
when you consiiler the problems the packers have liad to Kolve
—and solve quickly—during these war years.
To conduct business in war times, with higher costs and the
necessity of paying two or three times the former prices for
live stock, ha.s required the use of two or three times the amount
of working capital. The additional profit makes only a fair ro-
turu on this, and as has been stated, the large portion of the
profits earned has been use<i to finance huge stocks of goods
am! 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 ac(iuaintanco—w ith your bank
er, say—and ask him to compare profits of the packing industry
with those of any other large industry at the i>resent time.
No evidence is offered by the Federal Trade CoinmlsHion in
support of the statenient that the large packers have a monop
oly. 'I'he 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 havt> no power to manipulate
If this were not true they w’ould not ds'i
to make this posi*
Furthermore, government figures show that the live largo
packers mentioned in tho 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
iheir business. Of hoNv, for instance, they can sell dressetl Ijeef
for less than the cost of tho live animal, owing to utilization of
by-jiroducts, and of the wonderful story of tho methods of dis
tribution throughout this broad land, an well as in other coun
The five packers mentioned feel justified in co-operating with
each other to the extent of together presenting this public state
They have been able to do a l»ig job for 'your government in
its time of need: they have met all war tinxMlemands promptly
and completely and they are willing to trust their ease to tho
fairmindness of the American people with the facts before them.
Armour & Company
Cudahy Packing Co.
Morris & Company
Swift & Company
Wilson & Company.
THE ROANOKE NEWS
Thursday. July 18, 1918.
Publlihed Every Tburtday.
RATES OP SlBSCRIPTinN IN AllVANth:
Ooe Year, (by mail) poBtpaid, I1.6U.
Six Month., *' ** -76-
A weekly Democratic journal devoteU
o the material, educatiooal, political
and agricultural iotereet. ofHalifax and
Adrerti.in^ rate, reaaooable and fur-
li.hed on applicatioa.
I pledge allegiance to
MY FLAG and to the
Republic For which ii
stands, one nation in
divisible with Liberty
and Justice For all.
NEW TEN COMMANDMENTS.
President Wilson is about to sign
a bill which will take its place in
history as the most liberal legisla
tion in protection of a nation’s
lighters ever known. It is good
enough, strong enough, to be call
ed the National Ten Command
ments and in the effect thus:
Thou shalt not evict, for non
payment oF rent, a soldier’s de
pendents, under penalty oF $10,-
Thou shall not cut off a soldier’s
liFe insurance because oF delayed
Thou shalt not Foreclose a mort
gage on a soldier's properly.
Thou shall not take away a sol-
THOSE WHO CANNOT ao.
Are you sorry ? Or are you
glad ? Perhaps you would go if
you could, but you must stay at
You cannot be a hero at the bat-
tlefront, but you can live heroically
wherever you are.
It takes five men at home to keep
one man in the trenches.
You belong to one oF these groups
The five men at home must
stand together and do the things
that count most for the one man at
the Front. For any one man to
Fail is to play false to the cause for
which we work and they Hght.
You cannot fight, but you can
dier’s home on which he has made ! and pray; you can love and
‘ Supple at Sixty
rip* asferian neaa hap-
■ whea mental
>• •n>fe«4 iMparte
The Negro ts iTiaking good in
the war across the sei. A tele
gram today shows where two oF
them chased forty Germans across
No Man’s Land and received spec
ial mention for iheir bravery. This
should be an inspiration lo the col
ored man who receives praise
when praise is due him.—Every
Avenge is ibe only debt which
i( is wrong to pay.
Thou shalt not sell a soldier’s
property because oF his Failure to
pay the taxes, national. State or
Thou shalt not settle a law suit
against a soldier during his ab
IF a soldier sue the court shall
postpone action until he can attend
IF a soldier have mine or timber
or Farm claim, assestments on
which are overdue, it shall be held
Honor thy soldier and thy sailor
that thy days may be long in the
land of liberty.
No man has greater love than
he that oftereth his life for the
world’s sake, and it is commended
that neither lawyers nor the loan
sharks nor the gathering oF the
tithes shall Fatten on him.—Cedar
Rapids Gazette, t
The fact that a new star found
ample space and opportunity to
appear among the others and out
shine many of them goes to prove
that there is always plenty of room
at the top.
serve; you can save careFully and
give sacrificially. Above all else
you ought to worship in times oF
We believe our cause is righte
ous. Our faith is justified. Our
human instincts are not lying to us.
The lofty ideals For which our
brave boys are fighting are the
ideals For which pure Christianity
has stood For nineteen hundred
years. When the Church has
been blind to the vision oF the ideal
she has grown weak and unworthy
oF the great Leader. We stand
with Him today For the sanctity of
womanhood and the protection of
children; for justice and mercy,
truth and righteousness; for indus
trial, political and social democracy;
for international law and universal
brotherhood; for the establishment
of the Kingdom of God on earth.
These are the great ideals which
carry with them freedom, peace
and happiness for all the Future.
After all, true religion is the
real conservator of civilization and
the ultimate unifier of humanity.
The Future of democracy and civil
ization is bound up with Chris
tianity.—E. A. G. Herman, of the
ANSWER THE HUN.
Answer the Him! Build a gold
en bridge to the Rhine, and crowd
it with liberating armies until
France is clean and Albert may go
home to heal his mangled realm.
Show the Kaiser that we mean
to keep on launching ships, raising
regiments, and financing the gov
Tell the vandal kings that they
"shall not pass.”
Let the Fortunes and the savings
and the wages oF native-born and
emigrant cry across seas that we
are money-mad—fighting money
mad—that we’ll empty our pockets
and our veins to avenge and pledge
the world to peace.
I The billions oF the millions whose
sires endured humiliation and hun
ger oF body and soul, yonder in
Europe, must now end the brutal
autocracies From which they flee).
—Herbert KauFman in May Cos
We ofTerODC Hundred Dollars Reward
for ftoy cue of Cftttrrh that caonot be
cured by Hall’s Catarrh Mediciae.
Hall’s Catarrh Medicine has been
taken by catarrh sutferers for tbe past
35 yearn, and has become known as the
most reliable remedy for catarrh. Hall’e
('atarrb Medicine acts thru tlie Blood
CD the Mucous surfaces, expelling the
Poison from the iUoo<l and healing the
After you have taken iiall’s Catarrh
Medicine for a short time you will b
great improvement in your general
health. Htart taking Hall's Medicine
at once and get rid of catarrh.
Hall’s Catarrh Medicine is taken inter*
nally acting directly upon the blood and
mucous surfaces ofthe system.
F. J. CHENEY & CO.,
Testimonials sent free. Triee 70 cents
per bottle. Hold by all druggista.
Hall's Family Pill* for Constipatloo
The cotton stocking is really
more patriotic than the silk stock-
inc, although some people consid
er it a little slacker.
I ARTIES that want good flour can get same
by carrying their wheat to Slagle’s Mill at
Emporia, Va. We give quick service.
A. A. SLAGLE,
Almost the only compliment, certainly the high-
est, which the man of business will pay to any service
rendered it that it is '‘satisfactory." That means ev
This bank renders to aH its clients, large iind small, a
service which is faithful, efficient, obliging, correct and re*
That is why our banlcing service is termed by customers
L 0 OK!
UTZ & DTTNN’8
. K ii K ID'S
inch White Voile, lovely
quality. 25c. to SI the yard.
36 inch PancyStrlpedand plaid
Voileii, Hatiste and l-laxons. 35
and 5Uc the yard.
27 Inch i-ancy Volks. Crepes
nnd f'laxons IM and 35c yard.
3ft inch AM Silit Marquisette
several patterns 65c the yard.
All grades of silk.including the
white and turquoise wash silks,
for skirts, waists and lingerie.
Another new feature Just added
to our line Is the “STANDARD
NHMO CORSET." You conserva
both health and money when you
LADIliS ANIJGHNT'S ODTIMTTHW,
WELDON, N. C.
Clotk Marl Tlie Mas
There is no excuse for any man these days not to be neatly dress*
ed. because there are clothes to suit any pocketbook.
Although prices have advanced and are still advancing, and will
certainly be very high in the I'all. we still have some good looking
garments at reasonable prices that will save you money.
There are clothes for the civilian, the kind that will keep him
L'ool ond comfortobie, during the hot months to come, and we have
u large assortment of Cool Cloths and Mohairs that fit with thut
smartness that a man admires, and puts “pep" into his stride.
We have other things that help lo make up the man's wardrobe.
FARBER & JOSEPHSON.
Mens and Boys Outfitters
WEI.DON, N, C.
irpOR THOSE WHO PREFER 1 HE BEST.
\ i us
^ jLyunhaven Bay Oysters
on the Half-Shell
For Those who
Prefer The Best.
M. C. PAIR
Confections, Toilet Articles.
Fruits, Cigars. Medicines,
Complete Luncheonette in Connection.
THOSE WHO FKWEli 'IHE BfchT
"5 ^ '5 ■'S.l5-.
You never know finylhing about the ).fV
High Cost Problem when you trade at
Bring your nickles and dimes
to us where they will bring
par value—A L W A Y S . . .
We trim profits to the smallest
possible margin. Come tu see us-,
you will be surprised at the many
necessary itcticles you should have
at 5, 10 and 25c.
Weldon, North Carolina. A