96 MASSACHUSETTS HORTICULTURAL SOCIETY. 



(4) Natural Pastures (so called). 



There are in Massachusetts over 1,000,000 acres of pasture lands. 

 Assuming that all cattle and sheep are pastured at the average 

 rental, statistics show that these lands do not average $1.50 a year 

 per acre. If from this sum we subtract $1.00 a year the amount 

 allowed for taxes on valuation, and compound interest on valuation, 

 the same amount as allowed in the case of forest lands, the net 

 income for an acre per year is only 50 cents. This shows that there 

 are thousands of acres of pasture lands in Massachusetts that right- 

 fully and economically should be turned over to forestry. 



Time was when this state was a great producer of grazing animals 

 that were raised at a profit. Conditions now are vastly changed 

 and if we have learned anvthing in scientific agriculture in recent 

 years it is that concentration on smaller areas and a more definite 

 rotation of crops make the successful farmer. This same logic and 

 philosophy turn over acres upon acres of lands of our farms at 

 present in an unproductive and unprofitable stage to an industry 

 with not only great possibilities commerciallv. but improving a 

 condition at present greatly needed. 



\{5) White Pine Planted. (Nursery stock). 



White pine seedlings set 6X6 feet require 1210 per acre. Two 

 year seedlings are worth $5.00 per 1000. 



Compound interest on valuation $11. for 40 years $41.81 



1210 seedlings 6.05 



transplanting 1210 seedlings 4.95 



total $11.00 at interest for 40 years = 52.80 

 Taxes with interest 1st 10 years = $6.63 



2nd " ' " = 7.15 



3rd " " = 6.34 



4th " " = 6.33 26.45 



~ total cost $121.06 



Product at end 40 years 40 coras or 40,000 B. M. feet at $5. equals 

 $200., leaving a net profit of $78.94 or $1.97 a year per acre. 

 These figures are based upon the maximum cost of seedlings and 



