48 



ON THE PRESENT STATE AND PROSPECTS OF 



Acre of Ash Plantation 

 At 6 years thin out 700 trees at 5s. per 100, 

 Deduct expenses of thinning, etc., 



At 10 years thin out 600 trees at 10s. per 100, 

 Deduct expenses, etc., 



At 14 years thin out 400 trees at 25s. per 100, 

 Deduct expenses, etc., 



At 18 years thin out 250 trees at 6d. each, . 

 Deduct expenses, etc., 



At 22 years thin out 150 trees at Is. each, . 

 Deduct expenses, etc., 



At 26 years thin out 120 trees at Is, 8d. each, 

 Deduct expenses, etc., 



At 30 years thin out 100 trees at 3s. 6d. each, 

 Deduct expenses, etc., 



At 35 years thin out 80 trees at 5s. each, 

 Deduct expenses, etc., 



At 40 years thin out 60 trees at 10s. each, 

 Deduct expenses, etc., 



At 45 years thin out 60 trees at 25s. each, . 

 Deduct expenses, etc. , 



At 50 years thin out 50 trees at 30s. each, . 

 Deduct expenses, etc., 



At 55 years thin out 40 trees at 40s. each, . 

 Deduct expenses, etc., 



At 60 years thin out 40 trees at 50s. each, . 

 Deduct expenses, etc., 



At 70 years, final cutting, 50 trees at 60s. each, 

 Deduct expenses, etc., 



Expenses of sales and original planting, 

 Trenching and making good the ground, 



Net proceeds of an acre of ash in seventy years, 



£1 15 

 10 



£0 15 



1 10 



4 



4 5 



5 

 7 



14 



16 



25 



68 



68 



72 



90 10 



138 



514 

 26 



8 

 34 



£480 



We have thus a clear profit of £480 for seventy years, or an 

 animal rent of £Q, 17s. per acre. This seems large, and yet I 

 believe that under favourable conditions the actual receipts will 



