64 



PLANTING 



the next 3 years, the following table will show the relative 

 cost of fencing the whole area of 40 acres at once, or of 

 making 3 separate fences for the three 10 acre plantations. 

 The comparison must be made between the total capital 

 invested in fencing at the end of the 2nd year when the last 

 10 acres is just completed. 



* Interest reckoned at 3^ per cent, per annum. 



Thus, although 10 acres be fenced, "which is not going 

 to be planted, there is a saving of 28, 5s. 5d., or nearly 

 of i an acre. 



DRAINAGE OP LAND. 



It may sometimes happen that a large area of land is 

 at present valueless, because it is water-logged, but that a 

 small outlay in providing means whereby the water may be 

 carried off, will result in the whole area becoming sufficiently 

 drained and capable of growing timber. In such a case, the 

 cost per acre over the whole area will be small, and the work 

 can advisedly be undertaken. 



It should be remembered that there are many soils, 

 practically barren for agricultural purposes, which will grow 

 good timber if only they be not too dry, or not too wet. 



Any drainage of forest land must always be by open 



