timber to the small operator in the long run is the "best 

 conservation, "because in the cutting of timber in the aver- 

 ago small salo there is an economic waste. The average 

 small operator can't afford to, and can't do "business, 011 as 

 good an economic "basis as the largo operator. I "believe 

 that in the and it will be recognized that the right of the 

 small operator reall3/ shouldn't "be considered if it "be more 

 o c onoraic al , and if it tend no re to the conservation of the 

 timber itself and to maintaining lunbor prices at the proper 

 level - that the "big operator should receive not a pref- 

 erence ("be cause it is a "bidding transaction) "but should 

 receive first consideration in the offering of 'the timber. 



I believe the ideal way for the Government to do 

 would "be to mart out ruite a large area, a large lot of 

 stunipage, and advertise it for sale T/ith the policy of per- 

 mitting the individual to maintain a cutting cyclo in that 

 area. It would probably require a mill, railroad and large 

 initial investments. It is an economic waste to figure on 

 a twenty-year cut, and then figure that nill , railroad and 

 other improvements v/ould "be a total waste at the end of the 

 twenty years. ?he ideal way from an economic staiidpoint 

 would "be to allow a concern to naJ:e a more or less TB rraanent 

 industry in a certain area. It might sound at first as if 

 that 7- ere special privilege, "but even if that v/ere true, the 



orime consideration is the most economical production of 



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