Eight-year old burnt land ; the soil was cleaned off. 



idle fancy. It needs only the application of figures to project 

 the ratio of depletion into the future with a certainty of showing 

 what a few generations or even a few decades would do toward 

 the serious impairment of the practical supply. 



What is true on a large scale as to the mismanagement of 

 forest properties, is manifestly true on the smaller scale since 

 the large is but the aggregate of the small. 



In the matter of forest preservation America is far behind 

 European nations in the adoption of sound policies. Even 

 some of the Asiatic nations have exerted and are now exerting 

 much labor in enhancing or at least up-keeping forest values, 

 by methods which we in this country are only beginning to 

 appreciate. 



The forests of America are ample for our lumber demands 

 tremendous as they are if the cutting is carried on with a 

 proper regard for future growth. But it is a well known and 

 admitted fact that the cut of many of our more valuableand sought 

 after trees is greatly exceeding their growth. The certain 

 rise in the values of such trees in the immediate future should 

 of itself be sufficient to prevent owners from sacrificing for 

 immediate profits trees that if allowed to grow would yield 

 more later than the money possibly could if obtained now 

 and invested in even the most profitable of enterprises. But 

 it is non-appreciation of these facts rather than a willful 



