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The Corpus Christi Caller
Corpus Christi, Nueces County, Texas
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Court approves Attorney General's decree forcing meat packers out of food business in two years to prevent monopoly. Officials deny violations but cooperate for public benefit and industry stability. (Palmer, Hordes statements highlight scope and intent.)
Merged-components note: Continuation of packing company legal decree story from page 1 to page 2, indicated by '(Continued from Page One)'.
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Signed By Court With Concurrence of Packing Company Officials.
JOINT STATEMENT FOR DEFENDANTS
Borders Says Packers Have Not Violated Law But Want to Co-Operate With People of America.
!u.
Two Years Are Given Packers To Get Out Of Food Business.
(Continued from Page One)
was no question for him to determine. In his statement to the court, Mr. Palmer said the decree was "sweeping in its scope" adding that he was sure it would be "highly beneficial to the public in its effect."
M.W. Hordes, in making the joint statement for the defendants, said it was not guilt which prompted the packers to enter into the decree "for they have not violated any law. Instead the packers, he said, desired to assure the American people that monopoly of the food supply by the packers was not possible, to stop criticism of the industry, damaging alike to it and to the people, to promote better understanding between the industry and the public during the dangerous period of reconstruction and to stabilize conditions in order that the efficiency and benefits of the industry might be preserved.
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The court signs the Attorney General's decree with the concurrence of packing company officials. The decree requires packers to exit the food business within two years. Mr. Palmer praises it as sweeping and beneficial. M.W. Hordes states the packers have not violated any law but agree to assure no monopoly, stop criticism, promote understanding, and stabilize the industry during reconstruction.