26 AFFORESTATIOX IX SCOTLAxN'I). 



writers have no hesitation in recommending that this payment 

 should be a deferred one. It is most advisable that the proprietor 

 of the solum should have an interest in the ultimate profits from 

 the woods. There must always be a certain amount of give and 

 take in dealing with the often contending interests of sheep, 

 deer and woods ; and it is certain that many expenses would 

 be avoided, and many differences adjusted, by some under- 

 standing between the principals working with one common 

 object in view, viz., a satisfactory ultimate return from the 

 newly-planted ground. 



A deferred payment will reward the landlord who has given 

 up the best soil, and who has worked in the forest's interests 

 during the growth of the crop ; while the lesser return to the 

 individual who has raised difficulties and failed to co-operate 

 loyally, will be his diminished reward. 



The payment should take the form of a percentage of the net 

 profits after the whole expenditure by the Forest Authority has 

 been repaid with reasonable interest. What the percentage of 

 net profits should be, the writers do not attempt to decide ; but 

 what thty do lay down is, that it should be sufficient both 

 to secure strenuous co-operation on the part of the landlord, 

 and to make the deal a fair one as between the Forest Authority 

 and the various proprietors interested. 



Sununary. 



The advantages which a Central Forest Authority w'ith a 

 limited income would gain by leasing forest land on the general 

 lines indicated in the preceding pages may be summarised as 

 follows : — 



1. Xo large initial capital expenditure. [N'.B. — Com- 



pensation to sitting tenants works out at a final 

 payment of under 4s. an acre (./!'35oo on 18,000 

 acres).) 



2. All the land in the district suitable for tree-growing 



obtained at one-third of the present rental of the 

 subjects affected. 



3. No superfluous land, and therefore no unnecessary 



administration expenses (the Forest Authority would 

 deal with silvicultural interests, and with silvi- 

 cultural interests only). 



