PARAGRAPH III. 



DEFINITION OF FOREST POLICY 



Forest policy, as a science, has to deal with the role played 

 by the forests and by forestry within the economic system of a 

 commonwealth. 



It is evident that many writers on forestry identify the defini- 

 tions of "forest policy" and of "forestry in general" ; forgetting 

 entirely that forest policy is a part and a relatively small part 

 of forestry, whether it be considered as a science, or whether it 

 be considered as an art or practice. 



Forest policy, as an art or practice, is that part of all govern- 

 mental activity which has the forests and forestry for an object. 



SYNOPSIS OF CONTENTS BY PARAGRAPHS. 



1. INTRODUCTION INTO FOREST POLICY. 



Par. I. What is Forestry ? 



II. Purpose at stake in Private and Government For- 

 estry. 

 III. Definition of Forest Policy. 



II. THE FOUNDATION OF FOREST POLICY. 

 CHAPTER I. - CHARACTERISTIC FEATURES OF FORESTRY. 

 Par. IV. General Considerations. 



V. Absolute Forest Land. 

 VI. Law of Supply and Demand. 

 VII. Rate of Revenue. 



VIII. Advantages of Investments in Conservative For- 

 i estry. 



IX. Clumsiness of Forest Investments. 



