abundance of water power and forest land offer un- 

 limited opportunities for further development. The 

 source of raw materials for the future is the only 

 problem, and that would be no problem if we would 

 only make use of the millions of acres of cut-over 

 lands which are now idle. 



Are we going to let this source of state wealth dry 

 up? That is what our present "penny wise" policy 

 is doing. In the meanwhile there is enough money 

 being wasted in worthless ditches to successfully foster 

 this great industry. 



AVhy not open our eyes and use a little judgment? 



Our Pulpwood Supply 



Few of us seem to realize the condition of our 

 pulpwood supply. The st?are headlines appearing in 

 almost every newspaper are not without foundation. 

 There is a real shortage of pulpwood. We are so 

 used to seeing the price of everything boosted to the 

 sky and of hearing a shortage of material alleged as 

 the cause that it is very hard to tell when the alarm 

 is legitimate. 



A brief survey of the timber now standing in the 

 state would furnish all the necessary evidence. The 

 timber we now have is the accumulation of centuries 

 of unused growth. We have been using it at a tre- 

 mendous rate. We have built up in the state large 

 pulpwood paper mills at International Falls, Grand 

 Rapids, Cloquet, Brainerd, Little Falls, Sartell. They 

 represent an investment of millions of dollars in a 

 form which cannot be transferred to any other field 



15 



