The packing industry, Chicago's greatest business and one of the farm bloc's principal objects of attack, is facing better times, according to Chicago advices.
The industry suffered rather than benefited by the War, since it was practically under orders to feed the armies, with prices arbitrarily fixed. After the War, huge government stocks of packers' products were sold in competition with current production; both prices and profits fell. In addition, the cattle raisers experienced severe deflation, promptly blamed the packers for it, set in motion numerous harassing legislative measures against the industry.
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