566 BOARD OF AGEICULTURE. 



sage. I believe it would be for the good of Indiana. The state ot 

 Pennsylvania ti-ied buying all the poor lands all over the state for not to 

 exceed five dollars per acre and that they put them in charge if the 

 forestry commission. From what I have seen and heard you have made 

 the right plans. You have a Forestry Commission which is perfectly 

 qualified to take charge of the land, and in the end bring gi-eat good to 

 the State. Let me say one more word here. Remember always that 

 when your State of Indiana, or any other state, undertakes a thing of 

 this kind, it involves them in a very, very important point and it is 

 just this. When the State of Indiana some day or other has timber to 

 sell, it will not be merely for the stumpage price of timber, but a sum 

 at least double that. We pay a bonus of ten thousand, twenty thou- 

 sand or fifty thousand dollars to the man who will come in and start a 

 factory. Why do we do that? Because we believe we will have indirect 

 benefit, which will be a benefit to the town. We will not get a cent 

 of the dividends. The people of the town will get to board the men, 

 rent houses, sell goods, etc., and we feel that we can alford to throw 

 that much money away— good money— and -why do we do it? Simply 

 because of the indirect benefit we expect to derive. The benefit of the 

 lumber to the State is as this indirect benefit. Every log that can be 

 cut in Indiana is Avorth fifteen or twenty dollars, but a great deal be- 

 sides this is this great indirect benefit in that it keeps somebody at work 

 cutting it down, etc., until it is in finished material. 



Prof. Latta: If you will permit me to make two or three announce- 

 ments the meeting will stand adjourned until 7:30 this evening. 



I should like to have a Committee on Resolutions to formulate a set 

 of resolutions to set forth to the public the general sentiment of this 

 meeting. We have heard things today that people generally ought to 

 know, without question. It is a meeting of an educational nature, a 

 matter of information as well as education. I will appoint on this 

 committee: Mr. Talbert, of Albion; J. C. Kimmell, of Ligonier, and J. 

 W. Forker, of Kendallville. 



I should lilve for this committee to be ready to report as early as the 

 opening of tomorrow afternoon's session. 



We will now stand adjourned until this evening. 



TUESDAY EVENING SESSION. 



Prof. Latta: The theme for this evening is "Opportunities in Agri- 

 culture for Trained Young Men and Women." This is to be presented 

 under three sub-heads— first, "The Need dl' Siucial 'I'rnining for Agricul- 

 tural Pursuits;" second, "What the Agricultural Colleges Are Doing to 

 Meet This Need," and third, "Opportunities for Those Who Are Specially 

 Trained." 



