Responding to several different In
quiries propounded by Representative
Sims, then ohalrman of the House
Committee on Interstate Commerce,
Mr. Armour asserted that "there are
a great many Independent packers In
the field and they all make more mon
ey than we do," that "the little packer
doesn't have the expense of the big
packers," that "while the little packer
makes a greater percentage of profit
than the big packer his profits are
not so large in the aggregate as the
big packer will make." Finally, In ex
plaining why, in his Judgment, these
being the facts. It Is not In tho Interest
of the government to stop tho growth
of the big packers and encourage the
little ones who do business at so much
less expense, Mr. Armour declared:
"That won't work out. Tho smaller
packers have a local sphere or a lim
ited territory only and when they go
beyond this, their range of expense. In
creases beyond the pro rata unit that
exists within their limited territory.
And upon a national basis the small
packers' expenses would Increase and
would be at least as big. If not big
ger than ours probably bigger he
cause of our great wide-spread volume
of business, our very efficient system
of distribution and the consequent
economies in our costs of doing bus
iness." -
In a prepared statement whloh he
submitted to the committees. Mr. Ar
mour assorted that the refrigerator car
system la operated" by tbe paokars at
IVE
Steel Magnate Passes Away
In Slimmer Home At
Lenox, Mass.
