10 MISC. PUBLICATION 2 4, U. S. DEPT. OF AGEICULTTJBE 



pulp, and lumber. Such forests early become self-supporting and, 

 under correct management, the income is made perpetual. 



Slash and long-leaf pines can be worked for rosin and turpentine 

 when 15 to 25 years old, and thereafter for periods of 30 to 50 years, 

 after which they can be cut for lumber. At the market prices 

 (1926), the annual yield of gum from thrifty second-growth pines 

 averaging 100 workable trees to the acre, while properly managed, 

 will bring $30 per acre or more at a cost of gathering not exceeding 

 $20, leaving a net income of at least $10 per acre from this source 

 alone. 



After a young pine forest has been worked over long period for 

 gum and thinning products, it may have lumber trees to the amount 

 of 10,000 to 15,000 board feet per acre. The stumpage value of such 

 timber now is $10 or more per thousand board feet. What it will 

 be 20 years hence can not be foretold, but we do know that its value 

 20 years ago was no more than $2.50 per thousand and in many cases 

 much lower. It would not be a reckless prediction to prophesy that 

 pine stumpage will bring $20 per thousand before 1945. 



There are now some far-seeing economists of good repute who 

 assert that the growing of dual-purpose pines in the South, such as 

 yield rosin and turpentine, is absoltuely as safe as and will produce 

 far greater returns than may now be had from money invested in the 

 best forms of life insurance or preferred tax-free securities. 



The development of billions of forest wealth on the lands not well 

 suited to farming will in nowise retard or curtail the great agricul- 

 tural and horticultural developments of the South. The South still 

 has more than an abundance of cheap lands to accommodate many 

 millions of the nation's growing population. The idea to be sought 

 is a proper balance of forests and farms. Each thrives best in the 

 presence of the other. 



WORKING FOR A PERPETUAL CUT 



By. J. W. Watzek, jr., Vice President, Crossett Lumber Co., Crossett, Ark. 



The Crossett Lumber Co. started an active forestry program some 

 eight years ago. The primary purpose of this program was to at- 

 tempt to ascertain, if possible, whether the industrial community that 

 had been built up at Crossett, Ark., could not be continued after the 

 virgin timber had been cut. If plans could be laid to make this pos- 

 sible, it was thought that it would react to the benefit not only of the 

 compare but to the local community as well. It is not pleasant for 

 any lumber company to look ahead to the time when it will not be 

 able to give emplo} 7 ment to people living in its community, and also, 

 if this should happen, to the time when the general community 

 prosperity will disappear. 



In attempting to avoid this the Crossett Lumber Co. established 

 a forestry department and undertook to make a complete survey of 

 the logged-over land in its area in order to ascertain as definitely as 

 possible just how much timber and of what quality might be ex- 

 pected to be on these lands after the company's virgin cut is de- 

 pleted. We feel that this is the first thing that should be done by 

 anyone who is considering a perpetual cut in a shortleaf area, par- 

 ticularly if this area has been logged by horses, as in the experience 



