YIELD AND FINANCIAL RESULTS. 203 



a conservative manner. The net returns, after paying for 

 all possible items of expenditure, were as follows : 



This represents an increase of 425 per cent, in the net receipts 

 per acre. No doubt, the price of wood also rose, from 2*1 pence 

 to 4*5 pence per cubic foot, equal to an increase of 114 per 

 cent., or little more than one-fourth of the increase of the net 

 receipts, which is due chiefly to improved management. These 

 are data referriiuj to the whole of the Saxon State forests, and 

 not to any case specially picked^ out. There are forests in the 

 Saxon hills which give more than double the above-mentioned 

 net revenue, growing on land which is not worth five shillings 

 for agricultural purposes. The bulk of the Saxon State forests 

 are stocked with spruce, a species at present so much despised 

 in this country. Surely, similar results could be obtained in 

 this country, if we managed our woodlands as carefully as is 

 the case in Saxony ! 



After this digression we must return to the subject under 

 consideration. Tables will be found in Volume III. of this 

 Manual showing the yield of forests in Germany, based upon 

 thousands of measurements and referring to various species, 

 such as beech, Scotch pine, spruce and silver fir ; also 

 provisional tables for oak, larch and other trees. On 

 numerous occasions British woods have been measured by 

 the author and the results compared with those given in the 



