grazing and the "balance are devotee", to other pursuits as 

 their chief occupation, \7itli grazing as a side line. There- 

 fore, fully 60/S of the farms are absolutely dependent upon 

 grazing as a livelihood, 60$ of the assessed valuation of 

 7,000,000 is $4,800,000 worth of property, which is ab- 

 solutely dependent upon the Forest for the maintenance of 

 their herds during the sumner season. In addition to this, 

 there are ap-;ro::imately 3,000 persons securing a livelihood 

 from this source and 4,000 more or less depend upon it. 



. YThile we can consider we are protecting a resource 

 which "brings annually to the people an income of nearly 

 01,000,000, this is not the only thing and the welfare, 

 peace and happiness of a giv en community is more than can 

 "be appraised in dollars and cents, 



UJhe Modoc is paying in the protection of the graz- 

 ing resources 2,500 and the people are receiving "by this 

 expenditure approximately OlfOOO.CCO. In other words, 

 2,500 a year is paid as a premium on an insurance policy 

 of $1,000,000, or at the rate of 2& mills on the dollar. 

 Yet, how do we. Imow that all of this protection really means 

 what it seers? Last year I was thoro\Thly convinced that a 

 study similar to the one used in timber sales, "based on cost 

 of production and market prices, extended over the period 

 since the establishment of the forest, was the only roli- 



able means of securing an estimate of the value of the for- 



188 



