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1983-1993. The Sequoia, with an ASO of 97 Million BF cut 76% of its ASO. The 

 total cut was 808.4 million BF. Gross timber receipts, including 55,197,000 

 worth of timber traded for roads built by loggers, were $50,478,000. But this 

 is an illusion. The Forest Service ate up all of these receipts and more. 



Dollars Per MBF Cut 



Gross Timber Receipts: $ 50,478,000 $ 62.44 



Earmarked Receipts: 



Purch. Road Credit S 5.197,000 



K.V. Fund S 25,420,000 



Salvage Fund S 9,403,000 



25% County Payments S 12,619,000 



Total Earmarked S 52,639,000 t 65.11 



NET REMAINING TO COVER APPROPRIATIONS - $ 2,161,000 - $ 2.67 



It does not take a financial wizard to see that when a Forest earmarks 

 over 100% of timber receipts for timber sale created costs, there is no way 

 that it can begin to cover its total timber costs. With 11 year estimated 

 timber appropriated costs in the $55,000,000 range, a subsidy of over $70/MBF 

 was needed to run the Sequoia timber program. 



The Sierra National Forest, part of which would be in the bill's 

 Preserve, requires a subsidy on the order of S40/MBF to run its timber 

 program. A reduced timber program on lands surrounding the remnants of the 

 Giant Sequoia would be financially prudent. I have attached the 11 year 

 record for each Forest to my statement. 



How much of these two Forests should be in a Giant Sequoia Reserve is a 

 matter for the Committee to decide. Based on the record the chances are that 

 virtually the entire area the bill encompasses are infected by subsidized 

 timber sales. Therefore you are not being asked to give up NET TREASURY 

 INCOME i,e., PROFIT to save the unique Giant Sequoia. 



If one were selecting situations where scaling back the timber program 

 made ecological sense, eliminating logging in the environs of the Giant 

 Sequoia should rank at the top of the list. The modest reduction in the wood 

 that flows from logging the conifers around the Sequoia will have a local 

 impact . 



The Sequoia has a growth potential of 92 cubic feet of wood per acre per 

 year (458 Board Feet). In 50 years stands should have at least 20,000 BF per 

 acre. The average cut these past 5 years is only 8.800 BF . The Sierra has a 

 more modest potential (66 CF or 328 BF ) . The Forest Service data on acres cut 

 these past 5 years gives figures of doubtful accuracy. In 1992 it would 

 appear the cut was 264,000 BF per acre and in 1993 102,000 BF per acre, both 

 clearly illogical. These reported outcomes suggest that the agency needs to 

 examine the foundation on which even the current cuts are based. 



