SlumiKige Pricfs in liritish Culumbta. 



il 



.M and, allowing; $2.25 for iiicn*astMl 

 cost of manufactiirt'. tlK-ri' is left a 

 net inci'cast' of $').-{4. or TGc pel' aii- 

 nuin. It is coiitidcritly cxix-ftt'd that 

 til.' .•I'lisus of l!il(i will show that tli.- 

 saiiif rate of increase has hcrii main 

 taiiied. 



In j)redit'tin^ the fiitui-c. the chitf 

 fjuides are past experience, su|>|t|y 

 and demand. 



Canada and the Tnited States are 

 so interdependent that what affects 

 the one nnist affect the other, and we 

 must consider the inci'easint; de- 

 mand \shi(di the Kepnhlic is hound 

 to make on us. It is estimated that 

 at the |)resent rate of cutting (ahout 

 one hundred billion feet. inelu«linir 

 all forest i>i-oduets) the I'nited 

 States has suflHcient wood to last 

 only twenty-five yeai's. and. accord- 

 intr to the estimate of tin- Hon. 

 Clifford Sifton, we have in Canada 

 only 500 hillion feet, oi- enoutrh to 

 supply that dennind for five years. 

 Further e\|)loration may. in tl!<- 

 opinion of the writer, hrin^ this esti 

 mate up to about 700 billion feet. 



Of this amount, about MH) hillion 

 feet is in liritish Cobnnbia. 



With the rapid tjrowth of poptda- 

 tion ami development of indiistrien, 

 tht> consumption of wood \h inen*aM- 

 intf rapidly. Tin- inereas«- in the 

 cut «»f 1!M»!» over that of I'.HH) in the 

 Cnited Stales was 27 per cent. It 

 is estimated that le.ss than one third 

 of the consumption is beintr replaeed 

 by new fjrowth. so that w«' must ex- 

 pect to I ailed upon to supply an 



increasing; demand. .Not only <Io 



we have to consider the cb-nmnd in 

 the home and the I'nited Stat«'S 

 nnirkets. but our lumber trade with 

 Australia, the Orient, and Kuroi>e in 

 each year assumintr laru'er propor- 

 t ifins. 



The only inferetn-e is that stunip- 

 ajrc values must continue to riBe, 

 and that British Coluiidda timber, 

 which is .so exceptionally well situ- 

 ated to supply the niarketH of the 

 world ami is at the same time the 

 eheapest to buv and carry. otT«'rs an 

 unparallil" il opportunity for invest- 

 nn>nt. 



Booms of Logs. 



