Current Literature. 75 



made to predict future financial returns. But on the other hand, 

 one realizes that his satisfaction with the bulletin rests upon 

 the fact that it tells things which have been, and which are 

 sure, rather than things which may — or may not — be. 



A number of copies of this working plan, sufficient to loan one 

 to each student in the class in forest management for purposes 

 of seminar discussion, would be valuable laboratory material 

 for every forest school. It would serve as the starting point 

 for the useful review and discussion of many topics, such as 

 the purpose and structure of a working plan ; forest descrip- 

 tion ; the relation of various site factors to practical operations 

 in the woods ; forest types ; planting ; thinning ; protection ; 

 yield ; utilization ; stnmpage prices ; financial returns. 



A few questions might be asked about some things in the 

 bulletin. In classifying the lands, the distinction between graz- 

 ing land and forest land is "based more'on the present condition 

 and probable use for the next few years than on the actual value 

 of each site for producing farm or forest crops" ; has the author 

 been able to arrive at a satisfactory basis for the final separa- 

 tion into grazing land on the one hand, and forest land on the 

 other hand, in cases where be wishes to make the final choice? 

 Would it not be desirable to include a list of the scientific names 

 of the species? ("Whitewood'' may be applied to only one 

 species in Connecticut, but it is applied to other species else- 

 where.) Are the overhead charges included in the expenditures, 

 in Table 7? What is the labor wage, on which the planting 

 costs are based? In view of the deficiency in growing stock, 

 why would it not be well to leave for the present the stands 

 seventy years of age and older (p. 26, bottom), if these stands 

 are still sound, thus restricting the cutting to the two classes 

 of timber mentioned in the previous paragraph as being the 

 only ones to be removed ? * 



Among the points of interest in the bulletin, the following 

 may be mentioned. 



"In a few cases cordwood and timber have been sold to reliable pur- 

 chasers on a basis of 60 per cent of the difference between the total ex- 

 penses of manufacture and the total receipts from sales. By this ar- 

 rangement the Companj"- receives 60 per cent of the difference and the 

 purchaser, who finances and attends to the entire operation, 40 per cent. 



*There is a slight typographical error on the last page, where "plant" 

 should be "plan." 



