Newspaper Page Text
James Foreman, the young Nor
man Park man, who was injured
last Saturday when he eauglit hold
of a live wire, is dead, lie died
Thursday. There was small hope
of his recovery from the beginning.
When he came in contact with the
wire it was several minutes before
he was released. Reside being
shocked, the young man was horri
bly burned.
GEORGIA & FLORIDA RAILWAY
Schedule Effective July Ist, 1918
Trains leave Wlllacoochee for Douglas. H a? lo
hurst, Vldalta. Stlllmore, Oartleld. Mtllen,
Swalusboro, Mldvllle, Keysvlllc, Augusta
and Intermediate point*.
Trains leave Wlllacoochee for Nashville, Adel,
sparks, Moultrie, Valdosta, Madison, Kla..
and intermediate points.
T. E. HARRIS, G. P. Agent,
Augusta, Ga.
Are the Packers Profiteers?
Plain Facts About the Meat Business.
The Federal Trade Commission in its recent report on war profits,
s'ated that the five large meat packers have been profiteering and
that they have a monopoly of the market.
Those conclusions, if fair and just, arc matters of serious concern not
only to those engaged in the meat packing business but to every
oilier citizen of out country.
'Hie figures given on profits are misleading and the statement that
tin* packers have a monopoly is unsupported by the facts.
The packers mentioned in the report stand ready to prove their
profits reasonable and necessary.
x x x x
The meat business is one of the largest American indus
tries. Any citizen who would familiarize himself with its
details must be prepared for large totals.
The report states that the aggregate profits of four large
packers were $140,000,000 for the three war years.
This sum is compared with $19,000,000 as the average
annual profit for the three years before the war, making
it appear that the war profit was $121,000,000 greater
than the pre-war profit
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
made a mistake in the figures themselves.
X X X X
The aggregate three-year profit of $140,000,000 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.
xx x x
Furthermore—and this is very important—only a small
portion of this profit has been paid in dividends. The bal,
ance has been put back into the businesses. It had to be,
as you realize when you consider the problems the pack
ers have had to solve—and to solve quickly during these
war years.
Armour and Company, Cudahy Packing Company,
Morris & Company Swift & Company,
Wilson & Company.
Just think .of/the American Hag
flying over the Parliament build
ings in London and the people of
England drinking in the Dcclain
tion of ludopendonce as the do
Magna Charter. Rot that is noth
ing. Old folks now living will see
the starry Hag Hiving over Potsdam
and Berlin, w hile the "Beast" may
yave to read the Declaration to his
followers in brutality.—Times.
No. 4 Daily 9:35 a. m
No. G Daily ex. Sunday..6:o3 p. m
No. 5 Daily 3:20 p. m
No. 1 Daily ex. Sunday..7:47 a. m
C. W. GREENE, Agt,
Willacocchee, Ga.
PEARSON TRIBUNE, I’EAGSON, GEORGIA, JULY 32, 3918
QITY PRESSING £LUB
Movml tuT. Kirkland old stand.!
W. ROBERTS, Prop,
WV do liistclass Pressing. Cleaning. Dye
ing. Altering on short notice, and in style
that will please the particular gentleman.
WAR-TIME CLOTHES
Take a peep down in the old chest —your
wardrobe, take the old suits that you thot
w ere perhaps faded a little and out of date,
and bring them to the Pressing Club and,
when we get through with them, you will
be so well pleased you may use them for
your Sunday-go-to-meetin* wearing apparel
Subscribe for
AND
Advertise in
PEARSON TRIBUNE
To conduct this business in war times, with higher costs
and the necessity of paying two or three times the former
prices for live stock, has required the use of two or three
times the ordinary amount of working capital. The addi
tional 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 enor
mous demands of our army and navy and the Allies,
xx x x
If you are a business man you will appreciate the signifi
cance of these facts. If you are unacquainted with busi
ness, talk this matter over with some business acquaint
ance—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.
X XXX !
No evidence is offered by the Federal Trade Commission in support
of I lie statement that the large packers have a monopoly. The Com
mission'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 oth
er. and that they have no power to manipulate prices.
If this was not true they would not dare to make this positive state
ment.
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 w ish it were (Kissible to interest you in the details of their bus
iness. of how, for instance, they can sell dressed beef for less than
the cost of the live animal, owing to the 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 five packers mentioned feel justified in co-operating with each
other to the extent of together present ing this public statement.
They have been able to do a big job for your government in its time
<if need; they have met all war time demands promptly and com
pletely and they are willing to trust their case to the fairmindedness
of the American people with the facts before them.
Georgia Southern & Florida Ry.
EFFECTIVE MAY 12TH, 1918.
TRAINS LEAVE TIFTON:
7:25 a. m. —For Alaeon, connecting for points North.
12:25 p. m. — For Macon, connecting for points North.
12:55 a. m.— For Macon, through train for Atlanta. Cincinnati.
Chicago. ‘The Southland."
1:10 a. m— For Macon, through train for Atlanta, Nashville,
Chicago. "Dixie Flyer."
6:17 a. m. —I,oca I for Valdosta.
3:30 p, m.— For Valdosta, Jacksonville and Palatka.
4:40 a. m. —For Valdosta, Jacksonville and Palatka.
Shown as information to the public, not guaranteed.
4. W. JAM ISON, (\ li. RHODES,
Agent 1 ass. I raffle Department, General Passenger Agent,
MACON, - - GEORGIA.
Patronize Tribune Advertisers.
