412 



Q. The first you knew of it, was about the time the articles were 

 filed? 



A. That is about it. 



Q. I didn't quite understand; my comprehension was not as sharp 

 as it might have been; in speaking of the park and in speaking of 

 lines, you inquired of various individuals, consulted with them, and 

 found that the capital invested was some twenty-five millions; in what 

 was that capital invested ? 



A. I have understood that it was invested in lands and mills. 



Q. Where were the lands situated ? 



A All through the Adirondack region; all the lumbering interests. 



Q. Where were the mills, how many of them and where some of 

 the principal ones ? 



A. I have no statistics; I am only speaking of general information. 



Q. What did you understand the lands of these people in the 

 Adirondack region were worth an acre; take a tract of seventy or 

 eighty thousand acres; how much an acre; those large tracts? 



A. I have no knowledge; I never bought or sold any; I only sup- 

 pose so; well situated virgin forests there are worth from four to five 

 dollars an acre; that is my impression. 



Q. Mr. Chairman, Mr. Knevals, in making his estimate of twenty- 

 five millions capital, assumes or supposes virgin lands, timbered lands, 

 in the Adirondack region, were worth four or five dollars an acre. 



Mr. Anibal. — He said lands well situated were worth four or five 

 dollars an acre. Make it fair, as Mr. Knevals states it. 



A. I think I said so. 



Q. Have you heard of the sale in the Moose river tract of what is 

 called the Blake tract to the Adirondack League Park ? 



A. I have heard it frequently mentioned. 



Q. Do you know how much these lands brought; that tract ? 



A. I do not. 



Q. Did you ever hear they brought less than two dollars; between 

 one dollar and a half and two dollars; about one dollar and eighty 

 cents per acre? 



A. I never did. 



Q. Never heard that ? 



A. No. 



Q. Do you know what the lands that are known as Sackett'a Har- 

 bor and Saratoga Railroad lands, some two or three hundred 

 thousand acres, how much they sold for an acre to parties in Albany ? 



A. No. 



Q. Do you know the fact they sold for less than two dollars an acre? 



