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AMERICAN FORESTRY 



TIMBER AND PROSPERITY 



THE best welcome to the men of the Twentieth Engineers 

 (Forestry) and the other units of the A. E. F. is the 

 assurance of national prosperity, in which they will share. 

 In the first flush of home-coming, they are just "our boys," 

 whether from your home or office or from ours. But we soon 

 find that the Khaki and the tan are merely transient symbols of 

 a broadened vision and clarified ideals, which will be permanent 

 and potent influences in the new political, civic and industrial 

 era now at hand. 



They have made good, with an enthusiasm and optimism 

 which is needed in the readjustment period and beyond. With 

 their aid, America will make good, in keeping with the best 

 traditions. It was a good country to live in before the war ; IT 

 CAN BE MADE BETTER IN THE FUTURE. Our energies 

 and resources must now be devoted to the establishment of perma- 

 nent prosperity. 



Our part in this program concerns the indispensable basic 

 raw material standing timber. From forty years' successful 

 experience, we can speak emphatically of its place as a pros- 

 perity-producer and of its importance in all industrial fields. 

 Timber is our specialty and we are able, as Timber Land Factors, 

 to help others realize the most from the purchase, ownership 

 and use of timber. 



Wood in some form is used in every industry and in every 

 home. The war emphasized its vital importance ; peace will 

 bring renewed demands. Timber is available for the immediate 

 needs of the prosperity era, but to assure an adequate supply for 

 the more distant future requires closer utilization and more con- 

 servative measures in cutting. These will come as values rise, 

 and will give new avenues of profit. 



We have foretold and proved for many years the soundness 

 of WISE timber investments. Opportunities still exist, but with 

 the few remaining gilt edge tracts out of the market, the day of 

 low priced stumpage will be past. This means "buy now." 

 Already the spirit of co-operation has welded the units of the 

 lumber industry into more stable form, and the gospel of service 

 to consumers and the public has a dominant place. NO CRKA- 

 TIVE INDUSTRY HAS A GREATER BUSINESS FUTURE. 



In no field can the men of the Forestry Regiment find a 

 better outlet for their energies and experience than in forest 

 work at home. We welcome them and will work with them in 

 the development of our forest resources. In this, as in other 

 lines, co-operation will bring prosperity for all. 



Chicago 

 New York 

 Seattle 



JAMES D. LACEY & CO. 



