Vol. XIV, No. 5 



The 



President 



Says: 



"There is no other question now 

 before the Nation of equal gravity 

 with the question of the conserva- 

 tion of our natural resources ; and 

 it is the plain duty of us who, for 

 the moment, are responsible, to take 

 inventory of the natural resources 

 which have been handed down to 

 us, to forecast the needs of the 



future and so handle the great sources of our prosperity as not to destroy 

 in advance all hope of the prosperity of our descendants." 



—THEODORE ROOSEVELT. 



Published by THE AMERICAN FORESTRY ASSOCIATION, 1311 G ST., N. W., WASHINGTON, D. C 

 Price, $2.00 per year, including Annual Membership in the Association 



