MEAT: The Pay Off

By adding $15 million to the $560 million annual meat subsidy, the Government hopes to increase the supply of beef and pork. This week Economic Stabilizer William H. Davis explained how: ¶Higher prices ($7 million more) will be paid to packers of Army beef, and all packers who operated profitably in peace time and can prove a loss from their cur rent packing operations will receive a special subsidy. In addition, 25¢ a 100 lbs.

will be paid to packers when cattle sell at top prices. Purpose of these payments: to shore up the sagging earnings of packers crushed...

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