NATIONAL FORESTS AND PRIVATE LANDS 1:25 



3. The annual cut on this area shall be limited to what the area will 

 produce continuously, plus or minus such amounts as competent for- 

 esters may determine as advisable to remove a surplus or deficiency in 

 the stock. 



4. Each owner shall receive the full valuO of the stunipage cut Irom 

 its holdings. 



5. The place or places where cutting shall begin may be decided in 

 the agreement or left to decision of competent foresters. A large part 

 of the first cutting budgets should frequently be assigned to the private 

 lands if desired by the owners. 



6. All areas cut over shall, vmless to be used immediately for agri- 

 cultural or building sites, etc., be reforested naturally or artificially at 

 the expense of the owner. 



7. Agreements should be included regarding construction and 

 maintenance of forest improvements. 



8. Private co-operators may agree to acquire holdings of private 

 interests not entering into co-operative agreements as fast as this can 

 be done at a profitable figure, and the financial conditon of the co- 

 operator permits. 



9. Agreements should, if possible, be incorporated regarding the 

 method of sale of the timber. 



It is believed that there is nothing in the clauses 1 to 8 that cannot 

 be accomplished under existing law. The only item which, seemingly, 

 might be questioned is agreement on limitation of the annual cut. 

 Inasmuch as the Secretary of Agriculture can limit the cut, under 

 regulation S-2, this purpose can be attained in any case, whether in- 

 corporated in the co-operative agreement or not. Fire protection is 

 already frequently handled by similar co-operative agreements. It 

 may, in short, be said that the plans here contemplated involve no very 

 new principles in so far as ordinary administration, protection und im- 

 provement ot the forest is concerned. In one respect only does some 

 difficulty arise in the administration of a co-operative forest unit as 

 here discussed, namely, in the disposal of the timber without undue 

 recognition of the principle of private monopoly. At some time in the 

 future this may be solved by the creation of a public corporation like 

 the Emergency Fleet Corporation, which will have authority to pur- 

 chase and manufacture National Forest stumpage and perhaps stump- 

 age from certain other sources, including that worked under such co- 

 operative agreements as here discussed. As our present effort is to 

 devise a plan for iiimiediatc operation, it will be necessarv to work 



