STATE POMOLOGICAL SOCIETY. 2/ 



twenty acres of young apple orchard at Hood River selling for 

 $20,000 now. That was a purely speculative value, a real estate 

 value, not based on the actual income from the fruit itself over 

 a long series of years. There are men who are going to get dis- 

 couraged and quit. These men will draw a long face and tell 

 you there is no money in growing apples. But there are other 

 men who will stay with the business year in and year out, who 

 will not accept as the final verdict on the profit in apple growing 

 the returns of any one year or two years, but who are in the 

 business for a lifetime, and who propose to stay with it through 

 fat years and lean years. These men will be in a position to 

 take advantage of years of good prices like 1915. Last year we 

 could hardly get $1.75 a barrel for apples; many were discour- 

 aged, and some even pulled out the young orchards. This year 

 apples are bringing from $3 to $3.50 a barrel. 



A man who goes into apple growing as a business proposition 

 should make a good living from it. But the man who goes into 

 it on a speculative basis only, as a get-rich-quick proposition, 

 will be disappointed. 



There are over a hundred varieties of apples grown in Ameri- 

 ca that are of large commercial importance. Tonight I wish to 

 pay tribute to one that stands near the head in the amount of 

 money that it has put into the pockets of apple growers. I 

 would take off my hat to the New England Baldwin. 



WEDNESDAY MORNING. 



ADDRESS OF PRESIDENT. 

 W. H. CoNANT, Buck-field. 



Ladies and Gentlemen: 



Another year has rolled around and we are again gathered in 

 annual session and, in behalf of the officers and members of this 

 society, I want to thank the Portland Chamber of Commerce 

 and the citizens of Portland for their untiring efforts and gen- 

 erosity which assured the success of this meeting. 



We are gathered here today to review briefly the past, and to 

 consider present and future problems of vital importance to the 

 fruit industrv of the state. 



