profit of the 18,000,000 acres which would still be 

 farmed. 



And there is another consideration of no m%an im- 

 portance : tourist travel. Northern Minnesota has 

 natural advantages for summer homes and summer 

 touring which is unsurpassed anywhere in the United 

 States. Already the tide has set in, it will continue to 

 swell as those advantages become better known. Sum- 

 mer tourists spend $20,000,000 a year in Maine. Our 

 summer trade will be no less if it is properly encour- 

 aged. Make the north a country of poor farms, and 

 you will greatly discourage this new industry; make 

 it a country of woods and wooded lake shores and 

 you will double it. This again will improve the 

 market and raise the revenues of the farm lands. 



The more people see good land the more people will 

 want it and the higher the values will go. We have 

 been spending hundreds of thousands of dollars to 

 bring people here to look at our lands. Why not en- 

 courage this tourist business and let them come here 

 on their own money? 



Under the first plan, then, of forcing agricultural 

 development on all of these lands the ultimate maxi- 

 mum net revenue would be about $80,000,000 annually, 

 $78,000,000 from agrisulture and $2,000,000 from tour- 

 ists who would come for the lakes even if the forests 

 were gone. Under the second plan, the ultimate maxi- 

 mum net revenue for the same area would be $126,- 

 000,000 $66,000,000 from agriculture, $40,000,000 

 from the forests, and $20,000,000 from the tourists. 



Such is the economic advantage of the natural 

 method of development. 



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