Book Description

Excerpt from Swift Company's Analysis and Criticism, Vol. 2: Of Part II of the Report of the Federal Trade Commission on the Meat Packing Industry of November 25, 1918 The investigation of the packing industry by the Federal Trade Commission was one-sided. The charge that the packers have a monopoly is not founded upon fact. In its report, the Federal Trade Commission has presented only such information as could be used, by means of wrongful interpretation and insinuation, to make out a case against the packers. The Trade Commission had free access to Swift Company's files, and in publishing letters and telegrams taken therefrom, the Commission has actually failed to reproduce in its report letters and telegrams - and even parts of telegrams - which controvert some of the very contentions that it tries to establish. In many cases, the Trade Commission has described perfectly proper practices and transactions in such a way as to make them appear illegitimate; it has given undue importance to trivial matters, and has failed to even mention other matters of vital importance; by a subtle method of insinuation and suggestion, the Trade Commission has in many instances given the effect of dogmatic assertion. Proof of the foregoing statements may be found in the following Analysis of Part II of the Federal Trade Commissions Report on the Meat Packing Industry. Aside from a Summary, this is the only part of the complete report that had appeared at the time this Analysis was prepared. This Part II of the Report is supposed to present sufficient evidence to warrant the conclusion of the Commission that the five large packers have a combination in restraint of trade. Swift Company denies that it has any agreements or understandings with other packers to affect prices of live stock or meats, and shows in this Analysis that the Trade Commission has failed to prove its case. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.