YIELD AND FINANCIAL RESULTS. 207 



Planting an acre with larch for . 4 10 



„ beecli ,, .500 



,, ash ,, .600 



„ „ „ „ oak „ .600 



The cost of looking after the plantations, including rates 

 and taxes, may be put down at 4s. an acre per year all round 

 up to the time when the crop is cut over. Eates and taxes 

 on mountain and heath land, such as is here under considera- 

 tion, cannot be high, since its letting value is small. It has 

 been shown above that the average return from such land 

 cannot be placed at more than Is. an acre all round. Not all 

 the fifteen million acres of such land are suitable for successful 

 afforestation, but it may safely be said that the suitable part 

 of the land cannot be placed at a higher rental than half-a- 

 crown an acre. At thirty-two years' purchase such land 

 W'Ould fetch i'l an acre. If regular fencing is wanted, extra 

 expenditure would be necessary, but on the other hand the 

 plantations will yield an annual shooting rent, and one 

 has been placed against the other by leaving both out of the 

 amount. 



And here attention may be drawn to the fact that in 

 operations on a fairly large scale fencing is not nearly so 

 expensive as is sometimes supposed. Assuming that 



To fence small areas here and there, where a considerable 

 extent of land in large blocks is available, means to waste a 

 great deal of money. 



Basing the calculation on the data given above it will be 



