26 



AMERICAN FORESTRY 



still remain. This margin, termed the stumpage value, 

 is what the timber must be advertised and sold for by 

 the Government. Thus by arranging a co-operative 

 sale, not only would timber which must otherwise remain 



A FOREST SERVICE TIMBER SALE ON THE COCONINO NATIONAL FOREST 



The cutting is completed and the logs are bunched for hauling. The stand of timber shown is left for 



future growth and seed production. 



unused because no one could afford to log it be given a 

 value and produce a revenue to the Government, but 

 the much desired railroad would become an actual 



REPRODUCTION OF WESTERN YELLOW 

 This stand is already established, as the direct result of fire pi 

 sale area on the White Mountain Apache Indi 



reality. But private capital must undertake this ven- 

 ture. 



The government would sell the timber but would not 

 build the railroad or engage in lumbering or manufactur- 



ing. In the old days, this timber or a part of it would have 

 been secured through the operation of the land laws, 

 probably by speculators, who would have sold it to a 

 lumber company with sufficient capital to both hold 



and develop it. Since the es- 

 tablishment of the National 

 Forests, the Government re- 

 tains title to both land and 

 timber, and the operator can 

 purchase it under contract 

 which requires him to begin 

 logging operations promptly 

 and he can pay for the stump- 

 age as logging proceeds. But 

 he can neither buy and hold 

 the timber for speculation, nor 

 can he use it as a basis for 

 floating stock and bonds and 

 reaping a promoter's profit. 

 The Government requires a 

 purchaser to submit evidence 

 of his financial soundness be- 

 fore the award is made. 



In July of this year, appli- 

 cation for the timber was 

 made by residents of Ari- 

 zona and New Mexico and 

 after a joint examination of 

 the area by officials of the 

 Indian Service, the Forest Service and the applicants, an 

 agreement was reached as to the terms of the sale. Iden- 

 tical contracts were drawn up for each Department, and 



the timber on the Indian 

 Reservation and the National 

 Forest was advertised for 

 sale simultaneously, for a 

 period of two months. Seal- 

 ed bids were opened on Octo- 

 ber 24. It was found that 

 but one bid had been sub- 

 mitted, and that was by the 

 local men. A minimum price 

 had been set upon the timber, 

 representing its actual ap- 

 praised value. The bid was 

 for this price. 



But before the sale could 

 be awarded the successful 

 bidder must show his hand. 

 Evidence of subscriptions in 

 cash of $225,000 was submit- 

 ted before the contract was 

 executed and the bond and 

 sureties signed. 



Now the big project is ac- 

 tually under way. A new 

 railroad grade is rapidly creeping south towards Snow- 

 flake ; ties are being felled and hewn in the Forest, and 

 a small saw mill is soon to be set up to cut out the tim- 

 bers and lumber for the big mill, with its satellites, the. 



PINE 

 rotection and regulated grazing. A 

 ian Reservation. 



