Concluding Observations 
Society has developed a number of public and private pro- 
grams to increase the productivity of southern timberlands. 
These include protection from fire, insects, and disease; 
technical and financial assistance; research; education; 
extension; special tax legislation; and public ownership. 
These programs—Federal, State, and industry—have been 
based on the assumption that in order to supply potential 
markets, more timber should be produced than is in pros- 
pect, and that more-abundant timber supplies will limit 
increases in timber prices and benefit society and the 
economy. 
Market forces equilibrate supplies and demands but have 
not appeared particularly effective in increasing timber 
supplies, even with the substantial real price increases of 
recent decades. In the South, the greatest opportunities for 
increasing timber supplies have been and continue to be on 
the other private ownerships, and consequently public pro- 
grams have largely been focused on these holdings. 
As a result of public assistance and substantial investments 
by the forest industries and certain other owners, the South 
has witnessed great improvements in forest resources and 
increases in timber supplies. These recent changes in forest 
resources and the outlook for future years are described in 
the following chapter. 
Literature Cited 
Cubbage, Frederick W.; Hodges, Donald G. 1986. Public and private 
foresters. Journal of Forestry. 84(12): 20-22. 
Cubbage, Frederick W.; Skinner, Thomas M.; Risbrudt, Christopher 
D. 1985. An economic evaluation of the Georgia Rural Forestry Assis- 
tance program. Res. Bul. 322. Athens, GA: University of Georgia, Col- 
lege of Agriculture, Agricultural Experiment Stations. 59 p. 
Fairchild, F.R., and Associates. 1935. Forest taxation in the United 
States. Misc. Publ. 218. Washington, DC: U.S. Department of Agricul- 
ture. 618 p. 
Hough, Franklin B. 1878, 1880, 1882. Report upon forestry. 3 vols. 
Washington, DC: Government Printing Office. 650, 618, and 318 p., 
respectively. 
Mills, Thomas J.; Cain, Daria. 1979. Financial efficiency of the 1974 
Forestry Incentives Program (FIP). Journal of Forestry. 77(10): 661-666. 
Risbrudt, Christopher D.; Ellefson, Paul V. 1983. An economic evalua- 
tion of the 1979 Forestry Incentives Program. Sta. Bull. 550-1983. St. 
Paul, MN: University of Minnesota, Agricultural Experiment Station. 55 
p. 
Royer, Jack P. 1987. Determinants of reforestation behavior among 
Southern landowners. Forest Science. 33(3): 664-667. 
Royer, Jack P.; Kaiser, H. Fred. 1985. Influence of professional forest- 
ers on pine regeneration in the South. Southern Journal of Applied 
Forestry. 9(1): 48-52. 
Southern Forest Resource Analysis Committee. 1969. The South’s third 
forest . . . how it can meet future demands. [Place of publication un- 
known]: Southern Forest Resource Analysis Committee. 111 p. 
81 
