CHAPTER VII 



FINANCIAL RETURNS FROM TREE-PLANTING 



THOUGH the profit and loss account connected 

 with timber culture is rarely entered into, yet 

 on not a few estates, such as Woburn, Knows- 

 ley, Welbeck, and the Dukeries in England, 

 and on the Seafield and other large estates in 

 Scotland, accurate returns are available of 

 the cost of forming plantations and the returns 

 therefrom. 



The financial returns cannot, however, in 

 the majority of cases, be accepted as strictly 

 correct; they are generally too low, owing to 

 the woods being treated for other than com- 

 mercial purposes; yet in several instances, 

 where neither game-rearing nor ornamental 

 effect have to be considered, the yield of 

 timber and gross returns are quite reliable. 



Of course, where game covert and under- 

 wood, or where the perfect development of 



93 



