42 



wood-using industries to all other industries as to the number of men em- 

 ployed, capital invested, and value of the products. 



You will notice in Illinois there are 140,000 men employed in the wood- 

 using industry, while there are 620,000 employed in all industries. In 

 Indiana there are 265,000 men employed in all of the industries with 

 70,000 employed in wood-using. In Ohio there are 600,000 in all industries 

 and 90,000 in wood-using. 



In Illinois there is $2,000,000,000 invested in all industries with $400,- 

 000,000 invested in lumber using industries. Indiana has $675,000,000 in- 

 vested in all industries with $175,000,0000 invested in wood-using industries. 

 Ohio has $1,675,000,000 in all industries and $160,000,000 in wood-using. 



The value of all products in Illinois is $2,250,000,000 and the value of 

 wood-using products is $320,000,000. The value of all products in Indiana 

 is $730,000,000 and wood-using products are valued at $140,000,000. In 

 Ohio the value of all products is $1,785,000.000 and the value of wood-using 

 products is $175,000,000. 



MR. LOVEJOY : The figures of these charts show that the wood-using 

 industries employ a large proportion of the men in our three states and 

 that a large proportion of the capital invested in all industries is invested 

 in lumber-using industries. I am wondering if the timber deficit is likely 

 to be so great as to seriously injure these industries. 



LT.-COL. GRAVES: That is a very direct question which should be 

 answered by a result of a direct study. I can only answer that in general 

 terms. I have talked with a great many mill men and asked them how 

 much of a supply they have ahead and inquired if they are still able to get 

 material. They haven't a definite supply ahead but they seem to think 

 they will be able to get their material whenever they need it. 



MR. LOVEJOY: Does it seem likely they will be secure for a period 

 of ten years? 



LT.-COL. GRAVES : I think so. 



MR. LOVEJOY : Timber is a long-time crop and if anything is to be 

 done upon an adequate scale it should be done very shortly. 



LT.-COL. GRAVES : Both of the estimates' apply to the higher grade 

 timber. We need in the first place the husbanding of material of medium 

 size. We need to prepare ourselves for the exhaustion of that material 

 and start to grow material. I presume that material will be found that 

 can be substituted for the best grades which will tide us over in a measure 

 if we, start now. If it is taken hold of immediately, I think there is a 

 chance of tiding over. 



MR. LOVEJOY : Then you would anticipate that conditions would be- 

 come really serious if something is not done? 



LT.-COL. GRAVES: Yes, I think they would become very serious. 

 Many plants would have to go out of business. 



THE CHAIRMAN : Do you mean that wood used in many things would 

 be laid aside and some substitute devised? 



LT.-COL. GRAVES: That would be done to a certain extent. But 



