GROWING PINE TIMBER FOR PROFIT EN" THE SOUTH 7 



stores for 8 to 10 years previous to the final cutting seems to me 

 now the best policy to pursue. 



The future of our lands we believe to be largely in timber, and we 

 are working toward the end that they may be well restocked. With 

 fire protection we have found that a generous young growth comes 

 on most of our area. A good many thousand acres are now restocked. 

 Some of our lands — accessible and with excellent soil — we expect 

 to sell for agriculture and settlement. "We can see that our second 

 growth, when it reaches the right stage, will need thinning ; we have 

 already thinned some areas of advance growth. 



This company would not claim to be practicing forestry in an elab- 

 orate or technical sense. We simply wish to do the best by our 

 property. Much of it seems destined to raise timber or nothing for 

 a good many years to come: we are helping it all we can to be 

 productive. 



REFORESTATION SHOWS PROMISE 



By L. O. Crosby, General Manager, tlie Goodyear Yellow Pine Co., Picayune, 



Miss. 



I have been engaged in the lumber business for a period of 23 

 years, starting with little mills cutting small tracts of timber that 

 had not been absorbed in the larger holdings, and have had an oppor- 

 tunity to observe the great loss sustained by my failure to secure 

 and reforest some of the lands which I cut over 15 or 20 years ago. 



I do not know of any line of business with greater promise than 

 reforestation if properly directed. I believe there are even greater 

 opportunities along this line in Mississippi, Louisiana. Arkansas, 

 Georgia, Alabama, and Florida than can be found in the West. 



Our greatest need, in my opinion, is education in reforestation. 

 If our farmers were educated in the care of young growing timber 

 and in keeping fires off their lands, it would be only a few years 

 before their forests or woodlands would yield greater revenue through 

 the sale of logs and pulp wood than they are now receiving through 

 the cultivation of their farms. 



EXPERIENCE OF A PIONEER IN REFORESTATION 



By Henky E. Haedtxee, President, the Uremia Lumber Co., Urania, La. 



I shall endeavor to discuss the subject of reforestation and forestry 

 in a plain, blunt, business way, as is demanded by any business man 

 before he would even consider the investigation of a question that 

 has up to the present time offered so little attraction and inducement 

 for investment. Fifteen years ago I spoke as a theorist — enthusiast — 

 speculative, visionary. To-day, after years of experience, I deal in 

 cold, calculating facts, and here they are : 



Cost of growing pine timber where a sufficient number of seed trees are left to 

 insure natural reforestation 



Yaiue of land, $3 per acre. Interest at 8 per cent. 



Taxes. 2% per cent on valuation, or 7% cents per acre per year. 



Supervision, 7y 2 cents per acre per year. 



50,000 acres, at $3 per acre $150. 000 



Taxes per year 3,750 



Supervision, etc, per year 3, 750 



