PHILIPPINE FOREST WEALTH 



Type of Kalunti-Lauax. 

 one of the famous woods of the philippines and which is expected to become very popular when it is better 



KNOWN. 



prices which will be charged. Special 

 attention was given to these last two 

 items in connection with concessions 

 covering forest tracts near Baguio, the 

 summer capital, where the supply of 

 timber is limited and there would be a 



possibility of monopolization with re- 

 sulting high prices were the interests of 

 the public not adequately safeguarded. 

 There is a clause in each contract 

 providing for its cancellation in the 

 event that its beneficiaries fail to live 



