At this rate 100 acres will cost L.1000 



Rent of 1 00 acres at 1 0/ per acre 



annually, is L.50, which extended 



for 20 years, makes 1000 



Interest on the outlay at 5 per cent. 



for 20 years 1000 



Supposing interest on the rent for 



20 years.... 200 



To superintending and expense in 



the rearing for 20 years 1000 



Total outlay for 20 years L.4200 



The thinnings at 10 and 15 years 

 will be at least, after reducing 

 the number of trees to 1000 on 

 each acre L.500 



Trees left, only supposing them 2/ 

 per tree, wood and bark, which 

 will be rather under the true 



value 10,000 



10500 



Total profit of 100 acres in 20 years L.0300 



Again, supposing the whole to be cut over at the 

 end of 20 years, being oak, it grows up without 

 any expense, and will pay regularly every 20 years 

 after, a much larger sum ; but should it be reared 

 up to the age of 50, or to 100 years, to maturity 

 for naval timber, he. it will pay much better, and 

 the crop equally secure. It is a well authenticated 

 fact, that woods, judiciously planted and reared, 

 will pay an annual rental of from L.G to L.10 per 

 acre. Having been in most of the sea-port towns 

 in Ireland lately, I learned from good authority, 

 that the annual importation of foreign oak bark 

 into that country amounts to 10,000 tons, as much 



