12 



Grande Forest in Colorado averaged 1,300 pounds, and brought their 

 owner $71.50 per head net. The Wood Live Stock Company sold 400 

 dry cows from the Targhee Forest in Idaho, which netted f 48.70 per 

 head. 



From the Jefferson Forest in Montana it is reported that Mr. D. N. 

 Hart, of Two Dot, Montana, sold a bunch of steers which averaged 

 1,400 pounds on the Chicago market, and brought $9.50 per hundred, 

 or $133 per head. This caps the climax, and shows whether it pays 

 to regulate the use of the range. 



In conclusion, I wish to say that it is our aim to continue a con- 

 structive policy in the management of grazing upon the national 

 forests, and to use every effort to bring about a better and more 

 complete use of the forage resources. Many beneficial changes have 

 been made through the assistance which you have given us during the 

 past, and with a continuance of your co-operation I am sure that we 

 shall be able to make further improvement and to better meet the 

 needs of the live-stock industry. (Applause.) 



