296 INDEX 



ARTICXE PAGE 



Disposition of income 30 17 



Distinction between capital and income in timber property 166 145 



Dividends, interest versus 32 18 



Douglas fir, deterioration of, in Washington State 185 196 



Doyle log rule '. 179 187 



Doyle-Scribner log rule 179 187 



Earning power of capital invested in forest production 129 in 



an investment 121 105 



Economic accounts, forms of, in forestry 132 119 



age of a stand 146 137 



balance sheet, in forestry 132 1 19 



comparison, in accounting 73 52 



factors, in classification of soil as agricultural 231 227 



forecast, in forestry 120 101 



opportunity 27 16 



per cent earned on forest investments 129 112 



profits 120 104 



Effect of capital value upon appraised value 70 45 



sale value 69 44 



deferred income upon rate of interest 48 28 



general property tax on forest production 165 158 



present condition of forest upon choice of methods of taxation. . . . 168 147 



rate of interest upon accumulations of compound interest 51 30 



interest upon capital value 66 42 



risks on the business of forest production 212 214 



substitutes on wood prices 189 198 



taxes on property values 153 143 



Effort or outlay 6 3 



Elements of damage to forest property 134 122 



value for forest land 243 233 



Enterpriser, definition of term 39 23 



Enterpriser's profit or gain 39 23 



Entrepreneur, definition of term 39 23 



Equality of taxation 153 143 



Errors in methods of timber estimating 219 220 



Estimation of standing timber 215 218 



Even-aged forest, value for any year 115 90 



for any year, formula 116 95 



just previous to cutting 114 89 



stand, taxes paid upon 168 148 



Exchange 29 17 



Expectation value, a basis of damages 139 1 29 



definition of 62 39 



of agricultural soil 237 230 



forest soil 116 92 



future series 77 54 



perpetual rentals 86 62 



