20 AN INTRODUCTION 



By such means an investment would be made which 

 would be immediately profitable, and which, if American 

 history is going to repeat itself, would show an enormous 

 capital appreciation in years to come. Would not a scheme 

 such as this be infinitely more profitable than sinking large 

 sums of money in works of afforestation at home ? 



And finally, it should always be remembered that, 

 generally speaking, agriculture or husbandry is far more 

 profitable at the present time than forestry, and also that 

 husbandry necessitates a greater amount of labour per acre 

 than can ever be profitably employed on forest areas. 



