TABLE OF CONTENTS xv 



CHAPTER XL 



AVERAGE YIELDS FROM FOREST LAND. 



PAGE 



Yield from High Forest V.< . . . . 215-225 



Qualities of Soil . . ..-,*-, > .,- ;. , .-. > 215 



Oak . . . . . . ^ - .. . - .. 216 



Beech . . . . , . . .".... V 217 



Silver Fir and Norway Spruce . , . . , . 218 



Scots Pine and Corsican Pine . ... . , 219 



Weymouth Pine . ... . . . 220 



Ash * . . ' . ' . '.''.'.'". 221 



Larch . . . . . . . * . _ 222, 223 



Douglas Fir . . . . . . ' ~ * . 224 



Sitka Spruce, Cupressus macrocarpa^ Willows and Poplars . 225 



Yield from Standards over Coppice . ... 226 



Yield from Coppice . . . . ..,, 227-230 



CHAPTER XII. 



THE FINANCIAL ASPECT OF AFFORESTATION. 



Fallacious Methods of Presenting Financial Statements . 232-234 



Initial Outlay Credited with the Income which is Receivable 



only after a Period of Years ... ,, . * 232 



Correct Methods of Presenting Financial Statements . 234-263 



Statement of Income obtained on Average Accumulated 



Capital Sunk in Normally Stocked Areas . . 234 



Statement of Gain in Capital after charging Compound 



Interest . , . . . . .>*:; . 238 



Statement of Rate of Compound Interest ** , ; . . 239 



Statement of Yearly Rental Principle . . . . 244 



Tables of Rentals yielded by different Crops in High Forest . 246 

 Advantages of Annual Rental Principle . . .251 



The Financial Aspect of Underplanting . . . 252-257 



The Financial Aspect of Coppice with Standards . . 257-261 



Comparison of Actual Land Rentals with the Net Returns from 



Normally Stocked Areas . . . 261-262 



Conclusion . . . . . . . 263 



