NEWFOUNDLAND AND EUROPE 87 



the Canadian market ? You: will say, what about 

 a prefereatial tariff ? Perhaps so, but it could only 

 apply to a certain proportion of material. Canada 

 will help the Mother Country to tide over the diffi- 

 cult reconstruction period which will follow the 

 peace. Of that we may be sure.^ But even if 

 Canada, with Newfoundland and Norway and 

 Sweden, could be looked to to supply 50% of our 

 requirements during the next forty years, we shall 

 have to look elsewhere for the remainder. 



These are the points for consideration with refer- 

 ence to the American and Canadian markets, and I 

 do not think the position is overstated. 



Newfoundland. — Newfoundknd will doubtless be 

 able to maintain and increase her exports to us 

 for a few years ; the material in her ;forests isl of 

 small size, useful for pit wood and wood pulp. For 

 the latter article we may expect competition from 

 America. 



Europe. — We will now consider the European 

 markets. 



It is significant that 67% of our timber imports 

 in 1913 came from Europe. The European markets 

 may, broadly speaking, be subdivided into two — 

 the North European markets and the Mediterranean 

 and Near East markets. 



The Nqrih European M arkets. -^This, area may be 

 taken to be that comprised in the White Sest and 



1 Since the above was written, it was announced at the begin- 

 ning of this year (1919) that the Canadian Trade Commission, 

 through the Controller of Timber Supplies in this country, had 

 arranged the purchase from Canada of i,oc)o,ooo,ooo square fset 

 of timber within the next twelve months. 



