22 



THE 11 A R 1) W ( It ) I) RECORD. 



TIMBER LANDS 



We oiler the (ullowint: bargains In •outh<Tn 

 timber land* and .taw mills. 



TENNKSSEK TIMUBIt. 



4."2.'l acres of One hnrdwood tlmlici . 

 known as i>ir llaker & Coleman tract. U>- 

 rated along .>*iony Crwk anil on tbe Mr 

 elnla & Soullinestern liallnay. In lartcr 

 t'ounty. It will cut '.'5.000.000 feet of e.\ 

 crplloDally One liarilwood timber and iH 

 locnte<l aloHR twelve branches, all riinnInK 

 into Stony t'leek, which the railroad pani 

 Iclls. 



I'rlce Is $C per acre, half cash and bal- 

 ance on time, with per cent Interest 

 Tide Is [lerfivi. Kilo Itaker. 



A V.\I,U.\ni,E TKACT. 



Twenty thousand acres In Ilavwood 

 County and 5,000 acres In Madison Cuunlv. 

 N. C. : a 25,000 acre tract of virgin llin 

 her — poplar, oak. chestnut, cucumber and a 

 little cherry; will cut 5,000 feet per acre 

 about 3,500 merchantable timber; I'lgccii 

 Klver Is the boundary line for 9 miles; the 

 lailrond Is now running to Wntervllle, lust 

 ncross the river; the railroad Is building 

 up about four to Ave miles on same side of 

 the river, and then near Cold Spring Creek 

 they are to cross the river and will run 

 over this tract four or five miles; Ten- 

 nessee state line Is another boundary line ; 

 price of this tract Is $7.00 ; title Is good : 

 this will make good cattle ranch when tim- 

 ber Is taken off. File 1. 



Two hundred and forty thousand acres 

 In Catahoula I'arlsh. La. ; 30.000 acres 

 ml-\ed long and short leaf yellow pine, 

 estimated to cut S,000 feet to the acre, 

 and 210.000 acres of white and black oak, 

 gum, ash and hickory and some exception- 

 ally fine cypress along river and streams; 

 hardwood estimated to cut 4,000 feet to 

 the acre. Numerous rivers afford excel- 

 lent facilities for rafting. The land is 

 rich for farming and will make a fine 

 colonization proposition after timber is cut. 

 Also an elegant rice proposition, as the 

 lake can be used for reservoir. Thousands 

 of acres can be flooded by means of sluice 

 gates, saving expense of pumping. Trice, 

 2.75 per acre. I'crfect title. Kile W. I!. .M 



Forty thousand acres of hardwood In 

 western central Mississippi ; will cut 

 10,000 feet to the acre: lies along a navi- 

 gable stream and railroad has been sur- 

 veyed through the land; excellent farming 

 land when cleared ; It will run 50 per cent 

 white oak, 25 per cent gum. The cruiser 

 who estimated the tract places It at 12.500 

 feet to the acre and adds that the quality 

 is exceptionally good and uniform, and be- 

 lieves It to be the best tract of timber he 

 ever saw. Price, .?8..50. File O. 



Forty-three thousand acres In Arkansas, 

 lying on both sides of the White River, and 

 Is estimated to cut 7,500 feet to the acre. 

 The estimate Is 78,000,000 red gum, 00,- 

 000,000 white ash, 62,000,000 red oak, 58,- 

 000.000 cypress, 10,000,000 pecan, 5.000,000 

 persimmon, 5,000,000 ash, 8,000,000 elm, 

 5,000,00<J hackberry, 4,000,000 maple. 

 3,000,000 hickory, besides smaller amounts 

 of Cottonwood, sycamore, locust, cow oak 

 and tupelo gum, or a total of 315, 000. odd 

 feet in all lands; after being cleared would 

 bring as much annually In rent as Is now- 

 asked for both timber and land. Price, .$G 

 per acre. Perfect title. File V. 



But why enumerate? We handle l.irst^ 

 and small timber tracts In all parts of ihf 

 country. We also handle Southern fann 

 lands, old colonial estates. Improved f.inns 

 suitable for general farming and stock, a.s 

 well as unimproved lands, especially suited 

 for goats and sheep. We make a specially 

 of locating woodworking factories, saw 

 mills and kindred Industries. 



Being familiar with the South and Us 

 many advantages and opportunities for In- 

 vestment, we ask vou to consult us. 



SOUTHERN LAND CO., 



134 MONROE STREET, CHICAGO. 



J. F. OLSBy, Formerly Agent for the 

 Laodaad Industrial Department for 

 the Southern and the Mobile and 

 Ohio Railways, Manager. 



UealerH in Monthern Timber. Mineral 

 and Farmins Landn. 



THE HOO-HOO ANNUAL AND HOO- 

 HOO. 



Visits hku, at a liiiic wlu-ii llm* Ilou liiiii 

 not yet nttnliiwl to Its prt-Hcnt orgniilzo<l 

 notoriety, this wrltci- foniul unfcfpntHl snt- 

 Isfaotlon In rt'iioateilly "iTackliiK up" Its 

 iiii'iiilx-rsliip ns without a pwr In the conn- 

 iry. That was whon tho lliii's of eligibility 

 were closely drawn and the standanl of 

 iiieiiibership was aceonllnnly high. It was 

 the intention of the dominating element 

 of this uiembcrKhip to not only maintain 

 this standard, but to limit the meniber- 

 ship subject to l'e|)Ienisliment and not to 

 a complete su.spension of the limitation. 

 Tiie constilutionai limil has been variously 

 stretched, until the i'aiil< and file to-dny 

 knows very little about it and accessions 

 are proceeding as though nothing had hap- 

 pened or was expected to happen. <Jf 

 course these are matters that members 

 could tind out about by writing the su- 

 preme scrivenoter, but iiistad of doing 

 that they growl, Krom time to time there 

 has been talk about turning IIoo-Hoo to 

 some detinito or palpable use, but no ad- 

 vocate of this policy has ever proposetl 

 anything like a feasible expe<lient to that 

 end and the idea is believed to have never 

 been seriously discussed at any of the 

 annual concatenations. The one definite 

 expedient ever thouglit of in this line, so 

 far as the .Tournal knows, has had rela- 

 tion to rather misty ideas of mutual in- 

 surance. Such expetlients are, however, 

 hirgcly subject to certain fatal impedi- 

 ments, notably that of sub.iocting mem- 

 bers to the necessarily discrimin.ating re- 

 sults of medical examinations. It per- 

 hai)s would be more nearly feasible to con- 

 vert the membership into an accident in- 

 surance society, but even tliat would either 

 not api)eal to or it would be otherwise ob- 

 jectionable in the cases of too many mem- 

 bers who could not be compelled to go 

 into it. The remaining alternative of mak- 

 ing the body an out-and-out fraternity 

 with the same cornerstone that Masonry 

 or Odd-Fellowship rests upon may have 

 occurred to some, but. constituted as the 

 body originally was designed to be, such a 

 piirpo.se was thought to be needless and 

 undesirable. .\t all events, this expedient 

 lias never been seriously considered and 

 the late annuaJ at Buffalo is on record as 

 declaring itself averse to any new legis- 

 lation at all. Here, then, is the ))oint 

 where any change of org,inic purpose 

 seems to be barred and IIoo-Hoo must 

 stand or fall for what it is. not what it 

 niiglit be. 



.\ccepting Hoo-IIoo, then, for what it is, 

 what is itV The retiring snark said at 

 liuPTalo that he was very proud of the 

 ■ Oder and that it had "done more to bring 

 logether lumbermen from ever.v section of 

 this great country: it has done more to 

 jilace the power of the united lumber busi- 

 ness high in the estimation of the general 

 liublic, than any other cause." Whether 

 this is more in the nature of an ideal than 



a practical stiiteinent of fact, lumbermen 

 are llieinselves I he best Judges. There Is, 

 liowi'ver, no doubt but thai what the re- 

 tiring snark said Is in a very considerable 

 measure ii possibility. Hut If the recog- 

 nition that goeH with the emblem Is to 

 be a thing to seek and welcome and not 

 shun and dislrust, the self-respet-tliig Ho«- 

 II(n> must Im' in a position lo accept it as 

 a gii.iraiily of meaning something worthy 

 of his recogiilllon and <-oiilideiice. To 

 iiiaki' that iiossil)le the meinbershi]) must 

 ill all respects be what it was originally 

 designed to be. Uy that meiins, iiiember- 

 shiji in IIoo-IIoo might be made of Huinc 

 tise to a stranger in a strange land, not 

 ollicrwise. — X. (). I,uinl>er Trade ,Iournal. 



TOO MUCH POLITICS. 

 1 1 won't do to say that linanclal panics 

 are a result wholly of merely fictitious 

 causes, or that they are in all respects 

 made or unmade by considerations solely 

 of pulilic sentiment. Hack of all in every 

 case of iiersistent disturbance or revulsion 

 there must be something more substantial 

 than a mere feeling of insecurity or lack 

 of confidence — there must in such cases be 

 jictual material occasion for insecurity. 

 The iiistory of past panics shows this oc- 

 casion (o have consisted (liielly of a. neces- 

 sity arisin.g from overlr.'iding and exces- 

 sive credits for liijiiidation and a readjust- 

 ment of things uixrn a more nearly normal 

 basis. It is obviously erroneous, then, to 

 say that such visitations may be caused 

 l)y anytliing tliat Wall street can or camiot 

 do. The panic of IS7,'!, the most disastrous 

 and protracted in late years, was immedi- 

 ately preceded by the failure of the great 

 banking house of ,Iay Cooke iV Co., but 

 that event could by no siretcli of reason 

 be considered the cau.se of the revulsion 

 signalized by it. If. in other words, tho 

 country at that time had been in a state 

 of liealthful. vigorous solvency and not of 

 crushing, lio))elessIy excessive general in- 

 debtedness, the cry of anybody's failure 

 would have been powerless to completely 

 undermine public confidence. 



It is true, though, that impertinent or 

 needlessly alarming influences designed to 

 .'iffect speculative values for speculative 

 |)in-poses, are given altogether too mucii 

 heed by the legitiinate l)usiriess public. 

 Wall street and its manipulating methods 

 are essentially foreign to those of legiti- 

 mate trade and are regarded much too 

 seriously by other than the pnrel.v specu- 

 lative or gambling contingent. It is, for 

 instance, as shown by a contemporary, a 

 fiirllier fact that too many are influenced 

 by I lie approacli of a general election in 

 which no chances of a resulting change of 

 national fiscal jtolicy affecting standards 

 of values are apparent. .\t this particul.tr 

 lime, neither tlie political outlook nor ex- 

 isting prospects of any soit seem to afford 

 occasion for considerable stringency in any 

 dei)arlinent of trade, and tlicre is accord- 

 ingly no discernible warrant for uneasiness 

 in any of the sh.irp devices resorted to by 

 Wall street for purely siieciilative effect. 

 The public, in short, will do especially well 

 to leave Wall street to itself and its own 

 l)ernicious and devious courses, while at- 

 tending to its own affairs on strictly nor- 

 mal lines. In that event. Wall street and 

 the whole specul.-iting. gambling crew can 

 proceed with their iiarmless "dog eat dog" 

 occupation to their hearts' content.— Neiv 

 Orleans Lumber Trade .Tournal. 



