Periodical Literature. 745 



In an interesting discussion Mr. Blascheck 



Economic argues for more of a financial review. He 



Forestry feels that generally the present rotations are 



for too conservative and have been established 



India without proper regard for financial and sil- 



vicultural considerations; mere regularity is 



too often a proper objective. If the timber is mature why hold it 



over for a period of years merely to insure a sustained yield. 



He cites some interesting gross revenue figures for India: 



1 873- 1 877 $2,241,064.00 



1903-1907 8,351,717.00 



This is an amazing advance for 30 years development! 



The Indian Forester. March, 1912. Pp. 116-125. 



A most interesting, because rare, account of 

 Financial the financial results of a small private forest 



Results under management is given in greatest detail 



of by Forstrat Reich. The account refers to 



Small the 7500 acres of forest belonging to Count 



Forests Isenburg in Hesse. The soil, although vari- 



able, is in general very favorable and so are 

 the means of transportation to market, so that a cut of 77.5 cubic 

 feet per acre (36% workwood) under sustained yield manage- 

 ment and a gross yield of $6.02 results. A full accounting from 

 year to year is given, tabulated for 10 years. The average for 

 this decade shows the expenditures to be 30.5% of the gross yield 

 or $1.84 per acre, leaving therefore a net income of $4.18 per 

 acre (an annual income of over $30,000 from 7500 acres, which 

 at 3% would make the property worth $1,000,000!). 



The gross yield per cubic foot of wood was 6.5 cents, the net 

 result 4.3 cents. Logs of spruce (6-12 inch average diameter) 

 run at from 13 to 16 cents per cubic foot, and in beech (12 to 20 

 inch top diameter) at from 9 to 14 cents. In the expenditures are 

 spent $2000 for roadbuilding and $2230 for planting, $10,000 for 

 personnel, $5800 for woodchoppers. In addition, 10% of the 

 income goes for taxes, against which a small income from the 

 chase may be figured, 700 to 800 hares, 200 pheasants, and the 

 surplus of 350 roebuck. 



