194 REPORT OF THE No. 3 



square mile, upon tlie price of which a deposit of one-fourth will be required 

 before 4 o'clock on the day of sale; if not then paid, the Berth to be 

 adjudged to the next highest bidder or next applicant. Bonds as now 

 practised to be given for the remaining three-fourths, signed by the prin- 

 cipal and two sufficient sureties within eight days after, failing which two- 

 fifths of the deposit and license to be forfeited. 



Should a less quantity of Timber be made, than specified in the license, 

 a proportionate amount of the deposit will be liable to -forfeiture, and the 

 limits to be curtailed accordingly. 



Parties applying for Timber Limits on unexplored rivers will be 

 expected to furnish sketches of the same by a sworn Surveyor, connected 

 with some surveyed or known points, and describing distinctly the points 

 at which the limits are to commence. Should the sketches so furnished 

 subsequently prove to be incorrect, all Licenses based upon them will 

 become null and void. 



Limits hereafter declared forfeited for non-fulfilment of the conditions 

 stipulated, to be adjudged to the party giving the information and prov- 

 ing the fact to the satisfaction of the Department, or if not required by 

 him to the next applicant. 



Aifter the 1st of October next, all vacant Timber Berths or Tracts will 

 be granted to the first applicant on his complying with the conditions of 

 sale. 



Districts Reserved. 



The Districts excepted from the above regulations are in Upper Can- 

 ada, the Bathurst and Dalhousie Districts, and that part of the Midland 

 District lying beyond the Northerly outlines of the Townships of Sheffield, 

 Hincjiinbrooke and Bedford. 



In Lower Canada all the easterly side of the River Ottawa above the 

 Chaudiere Falls, commencing with the Townships of Hull and Wakefield, 

 which will remain as heretofore under the management of James Stevenson, 

 Esquire, at Bytown, to whom application to cut timber, in any of the last 

 mentioned Districts or Tracts must be addressed. 



Quantity Reduced. 



N.B. In consequence of the present depressed state of the Timber 

 Trade, the quantity of timber to be cut per square mile has been reduced for 

 Ihe season from 1,000 to 500 feet — upon which latter amount only the deposit 

 will be required. 



It will be observed that while the first of these notices, which applies 

 only to the Ottawa region, absolutely prohibits the transfer of licenses; the 

 second of a later date, which is more general in its scope and excepts the 

 Ottawa section from its provisions, modifies this provision by requiring 

 the sanction of the Department to all transfers. Presumably the condition 

 was similarly relaxed in the territory covered by the first notice also, and 

 it is also probable that the reduction of the quantity of timber to be cut 

 per square mile was generally applicable. 



The year 1845 was an exceedingly prosperous one for the lumber trade. 

 There was a heavy demand at that time for our timber in the British 

 market and prices were very remunerative. The quantity of timber brought 

 to market at Quebec that vear was 27,702,344 feet, of which the quantity 

 exported was 24,223,000 feet. The temporarily favorable conditions of 

 the trade resulted in a considerable over-production in 1846 and the year 

 following which, coupled with a falling off in the British demand, created 

 a serious depression in the industry. 



