A NATIONAL PLAN FOR AMERICAN FORESTRY 1623 



Estimated expenditures needed for the first 10-year period of the 

 program are shown in table 6. Many of the major increased expendi- 

 tures for capital investments, as far as can now be foreseen, should be 

 completed during this period, some as early as the fifth year. A 

 few of the additional expenditures increase progressively during the 

 first 5-or 10-year period. Therefore the table is arranged to show the 

 estimated expenditures for each year of the first 5-year period, and 

 the estimated average annual expenditures for the second 5-year 

 period, segregated as to current and capital expenditures. The esti- 

 mated division of fiscal year 1933 appropriations by current and capital 

 expenditures for administration and management are carried through 

 the 10-year period as lump sums, since it is assumed that these appro- 

 priations will be continuing. Needed additional expenditures are 

 segregated by the activities to which they contribute. 



168342 33 vol. 2 37 



