Rainey on Packers

Meat packers throughout the land last week bridled angrily at a fresh thrust from their archfoe, Speaker of the House Rainey.

Cattlemen had asked Congress to appropriate $200,000,000 to subsidize beef raisers and dairymen who agreed to curtail production. This made Speaker Rainey snort: "It might prove more effective and far simpler than appropriating these sums for the Government to take over the packing industry and operate it by the Government's paying fixed prices ... if the packers continue to exercise their monopolistic powers to drive down prices. . . . They are interfering with the entire program and stand in open defiance of the entire recovery set-up."

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