This Nation’s forests are not being grown as fast as 
they are being depleted. We have been using up our 
growing stock of timber and failing to make adequate 
provision for new growth. The growing stock is now 
less than what a prosperous, progressing Nation is likely 
to need. 
Although the present forest situation is serious, it is 
by no means hopeless. Forests are a renewable re- 
source; with proper management and protection they 
can be made to produce continuing crops. But if we 
are to be assured of abundant and permanent timber 
supplies, positive action will have to be taken on a 
Nation-wide scale to raise annual timber growth to an 
adequate level. 
Washington, D. C. Issued April 1944 
Revised May 1949 
II 
