413 



A. I do not. 



Q. Have you heard of the sales of any forest lands in the Adiron- 

 dack region to exceed two dollars an acre, for the last five years, that 

 have been bought up by these lumbermen and syndicates and lumber 

 companies; have you heard of any purchase that exceeded two dollars 

 an acre 1 



A. I don't know that I ever have. 



Q. And the special report you made the lBt day of January, 1891, 

 that shows the number of acres within the red lines, the whole region 

 owned by private individuals, does it not; timbered land, good, bad 

 and indifferent ? 



A. I don't think the map does ; but I think our report does. 



Q. The schedule that shows the entire acreage, good, bad aud 

 indifferent? 



A. Yes. ' " 



Q. Taking that whole acreage together, good, bad and indifferent, 

 lumbered lands and denuded lands, forest lands and all, at two dol- 

 lars an acre, would only come to $4,000,000 ? 



A. That is so. 



Q. What is the mill property around the borders of this Adirondack 

 region; how much is invested in the mill property ? 



A. I have no knowledge whatever on the subject; when I said that I 

 understood that there was $25,000,000 invested there,- 1 spoke purely 

 from hearsay. 



Q. When you say $25,000,000 that is the result of information 

 derived from men interested in lumber and lumber lands, is it not ? 



A. I think, so; yes. 



Q. So that if five millions is all there is in it, and they represent to 

 you twenty-five, there is a margin of twenty millions to come 

 somewhere ? 



A. Yes. 



Q. These same people in conversing with you, have told you lands 

 have risen there, the price, how is it going up, have they not, sudden 

 rise? 



A. I didn't say " sudden rise." 



Q. Was that very recently; there has been a rise, according to that 

 of about twenty millions? 



A. On your hypothesis. 



Q. So, if they want a large price, and they want the State to buy, 

 things are going up, somebody is going to make out of the State 

 $20,000,000 on some park project ? 



