THE MEAT TRADE.
AMERICAN COMBINATION'S OPERATION'S, PARLIAMENTARY COMMITTEE'S REPORT. Received 13, !U5 p.m. London, May 13. Lord Robert Cecil's committee set up j to consider combinations in the meat trade, reports tlmt the combination of the Hammond, Armour, Swift and Morris companies is not a serious danger at present, but it appenred to be endeavorin!;' t' J acquire controlling interests in Argentina and also was enquiring through United States (Inns into the meat trade of Australia and New Zealand. The estancicros in the Argentine were opposing the United States' invasion, fearing that the priec of their cattle would l>c atl'vcted by the absence of competitive buyjng. If the combination succeeded it might exercise a determining influence oil the beef prices of Smithlield and would largely affect the prices in Britain. Evidence as to the United States firms controlling the Canadian live eattle trade was too vague to allow of a definite opinion.
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Taranaki Daily News, Volume LII, Issue 92, 14 May 1909, Page 2
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152THE MEAT TRADE. Taranaki Daily News, Volume LII, Issue 92, 14 May 1909, Page 2
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