GENERAL PRINCIPLES OF MANAGEMENT. 69 



forests, but without going so far as the so-called purely finance 

 party. True forest policy may be expressed in such a 

 manner that it is applicable to all forests, whether they 

 belong to private persons, communes, or the State. True forest 

 policy says : — As forests represent capital, their management 

 should, in the first place, be determined by financial considera- 

 tions, but the management thus indicated should be modified 

 in BO far as other considerations may demand ; for instance, 

 where certain classes of produce are otherwise not procurable, 

 it may become the duty of the State to produce them where 

 the welfare of the whole is concerned, whether the operation 

 be financially justified or not. 



It rests with the proprietor of the forest to decide what 

 other considerations shall be taken into account, over and 

 above those laid down by the general laws of the country. In 

 this respect, the agricultural classes deserve special considera- 

 tion, but it is a mistake if the State is guided by pseudo- 

 philanthropy. State forests belong to the nation as a whole ; 

 by giving excessive privileges to a part of the people the rest 

 of the nation is deprived of its legitimate rights. This 

 fundamental principle has frequently been overlooked, or set 

 aside. 



