114. CANADIAN FORESTRY ASSOCIATION 



The average rate for the last decade was about 16 mills. It may be claimed 



that this is a high tax rate to apply to forest land but it will be on the 



safe side. 



Taking one acre of White Pine as a unit, it will be of interest to sum 



up what it will have cost at the end of sixty years : 



Cost of land $5, at 3 per cent, for 60 years $39 39 



Cost of plants and planting $10, at 3 per cent, for 60 years 78 78 



Management and protection 15c. per year at 3$ per cent, for 60 years ... 29 48 

 Taxation (rate of 17 mills on the dollar would give an acreage charge 

 of 8.5 cents on five dollar land). 9c. per year at 3 per cent, for b'O 

 years 17 69 



Total $165 34 



Less original cost of land ' 5 00 



Total expense $160 34 



From various growth studies made in the Lake States and elsewhere it 

 is quite reasonable to say that an acre of 60 years old White Pine, artifici- 

 ally planted will contain about two hundred trees varying from 12 inches 

 to 24 inches in diameter. Assume that there will be two hundred trees of 

 18 inghes diameter which is a conservative estimate. This 18 inch tree 

 will cut at least 300 feet B.M. and the acre would yield 60,000 feet. At 

 a stumpage value of $10.00 per 1,000 the acre would be worth |600.00. 



The above estimate does not take into account the thinnings which 

 would come during the period. It is interesting to note that 25 per cent, 

 of the net profits of German forests are derived from thinnings. The $600.00 

 represents only saw material and there would without doubt be a market 

 for the smaller dimensions. 



Stumpage value for one acre of White Pine 60 years old |600 00 



Total cost as shown above . 160 34 



Net profit |439 66 



This |439.66 is the same as a yearly rental of |2.25 during the 60 years, 

 being capitalized at 3 per cent, in addition to the 3J per cent, compound 

 interest on all money invested. 



I think I have been unfair to myself in this estimate. I have taken the 

 stumpage value that is in vogue in Norfolk County for second growth pine, 

 which lumbermen in the northern part of the Province will not look at. Aa 

 they will grab at a ten dollar stumpage value in Norfolk County, I think 

 that I have adopted quite a safe figure. 



The policy of reclaiming, through forestry methods, lands unfit for 

 agriculture, has been in vogue in older countries for a considerable time. 



In Europe we find all of the leading nations reclaiming waste land by 

 forestry methods. In Prussia during the decade of 1891-1900, 170,000 

 acres of waste lands were added to the state forest lands at the average 

 cost of $10.00 per acre. In France, under the reboisement act of 1882, the 

 state has spent in purchases of worn-out lands, in works to check torrents 

 and in reforesting nearly $20,000,000. 

 8a F 



