American F*orest Congress 59 



the cash value paid to the owner of one or two dollars 

 an acre, or whatever it may be worth, rather than that 

 he should be allowed to exchange it for equal areas of 

 our finest timber lands worth $20, $50, and possibly 

 $100 an acre. The particularly evil feature of this law 

 is that lieu land right is a floating, purchasable com- 

 modity, and has resulted in the acquirement of immense 

 tracts under single ownership.* 



With these three measures acted upon by Congress 

 the nation will emerge from the present area of lumber 

 waste and timber land speculation into one of forest 

 conservation, husbandry, and thrift which will result 

 in both timber supplies and water resources for the 

 coming generations, where the present outlook indi- 

 cates timber famine and vast loss to irrigation. 



*The lieu land law was repealed by Congress in March of 

 this year. 



