REPORT ON THE GENERAL MANAGEMENT OF PLANTATIONS. 249 



The above statement represents the crop and its market value 

 nearly, standing, and is about what it is worth at the present 

 market price, if cut. 



The various classes of trees are by no means regularly dis- 

 tributed over the ground ; they are found closer in one part than 

 in others, but average the above very nearly. 



Ground similar to this enclosure is letting for grazing purposes 

 at from 15s. to 20s. per acre ; the plantation, however, not being 

 at a growth at which it can properly be valued as a market- 

 able subject, no reliable statement can now be given to show the 

 profit or loss of it. 



The next statement shows the value per acre of the plantation 

 if, instead of being mixed as above, it were of one class of trees 

 only, allowing them to stand at the same distance apart as they 

 now do. 



The above statement, though showing the actual value per 

 acre each class of trees would be, yet does not by any means 

 show the value they would have been if the trees had been grown 

 separately; for while the larch and spruce, as individual trees, 

 would not have attained their present value, yet one-fourth the 

 present number more would have been upon the ground than 



