OCR Interpretation


The day book. (Chicago, Ill.) 1911-1917, January 11, 1912, Image 4

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045487/1912-01-11/ed-1/seq-4/

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materials. ' - ,
These are regarded as "waste"
and v sold to the Kenwood and
'Aetna companies at "waste"
prices, for transformation into
leather, oleomargine, etc
Thus, the packers' books show
that they make practically no
profit on meat, while the books of
the Kenwood and'Aetna compan
ies show a profit through these
concerns t)f over 1,000 per cent
on the "waste" by-products.
During 22v years, despite im
proved machinery and the larg
er business done, the cost of
slaughtering cattle has risen
from $1 to $2.75 a head.
The packers dcrthe slaughter
ing themselves, and thus the cost
is merely a book charge. In oth
er words, that increased cost is
used to show that the packers are
not making big profits on the sale
pfmeat.
When asked how he would do
if. he wanted to find out the name
of his office assistant, Moyer
rjsaid:
"I should ask the information
bureau at our office."
,After District Attorney Wil
ker&on had pinned Moyer down
to specific questions in regard to
the "test cost" system, which is
the foundation stone of the pool
ing of the Beef Trust, according
to the government, Moyer
branch off into a long, involved,
technical and hypothetical an
swer involving more unknown
terms than the government at
torneys ever dreamed of.
He finished up :
"And ghat's the way wje arrive
at-a test cost" " -1 ' """J
"I don't doubt it," said Wilken
son.
T
REAL SPORT LEADERS
fVflBlnabJ' f&Jf
J. J. Eller,
Hurdling Champion. 220 Yards
Hurdle, 24 '4-5 Seconds.
FSre which broke out in the
Board of Trade building at 1 :30
this afternoon lor a time "threat
ened the whole structure. All
tenants got out safely. Fire con
trolled at 2 :30. Property damage
heavy. Fire caused by crossed
electric wires. " '
And no Jud Harmon's got the
progressive Democratic bee a
buzzing about his ears, with hon
ey fresh from the blooming Bry-
.jt&&J;t n im L-fajfri j.r.Jwf'i pyL&tiTtt'i
tjfjUmtStMSSl, k

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