planting stock at cost and cooperate with the owners 

 in establishing plantations. 



3. Taxation. The States should adopt a form of 

 taxation calculated to encourage good forest prac- 

 tice. The present methods of taxation, with their 

 lack of uniformity in application, often tend to pro- 

 mote premature and wasteful cutting and to discour- 

 age forest renewal. To promote action by the State, 

 the Federal government should assist the States to in- 

 vestigate the current methods of taxation, their effect 

 in causing premature and wasteful cutting and in in- 

 creasing the difficulties of holding cut-over lands for 

 tree growth, and should assist in drafting model tax 

 laws applicable to various forest conditions. 



4. Forest Loans. Existing legislation concerning 

 farm loans should be extended to include loans for 

 the purchase and improvement of forest lands, to en- 

 courage the holding of lands previously acquired, 

 where the purpose of the owner is to hold and pro- 

 tect cut-over lands or those having growing timber, 

 to reforest lands by seeding or planting, or to use 

 other measures in promoting forest production. To 

 obtain the benefit of such loans, which should be for 

 a maximum period of 50 years, the land owner should 

 enter into a specific obligation to retain the land in 

 growing timber and protect and care for it during the 

 life of the loan. 



5. A Survey of Forest Resources. Funds should 

 be provided whereby the Federal government in co- 

 operation with State and private interests may make 

 a survey of the forest resources of the country. This 

 would determine the quantities of timber suitable 



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