Chapti'R VII. 

 FINANCE AND EMPLOYMENT. 

 Estimated Expenditure. 



Initial Capital Outlay. 



1. I Head forester's house .... .^^500 o o 



2. 3 Under foresters' houses .... 900 o o 



3. 7 Forest guards' houses .... 1,400 o o 



4. 30 crofters' houses with byres, say ^{^200 



each ....... 6,000 o o 



5. 30 workers' houses with byres, say ^^150 



each ....... 4,Soo o o 



6. Sheep stocl<; valuations, waygoings, etc., of 



agricultural tenants .... S^S^o o o 



7. Preparation of nursery — initial e.xpenditure ^ 100 o o 



8. Tools . . . . . . . 100 o o 



9. Office equipment ..... 50 o o 

 10. Legal expenses (leases) . . 100 o o 

 u. Contingencies ..... 450 o o 



^17,600 o o 



Note. — No estimate is made of the price to be ()aid for 

 e.xisting timber, because it is assumed that where such timber 

 is purcha.sed it will bring in an adequate return. 



The same remark applies to the purchase of horses, etc. 



' 'Jhe i^rovind is alrtiuly under cullivation. 



44 



