55 



50- 

 45 - 



I ' ' ! 1 I 



250 500 750 1000 1250 1,500 1,750 2,000 



TOTAL SEDIMENT REDUCTION (Acre-inches) 

 Figure 1. — Total aost-total sediment veduation for 80-year period on areas furrowed. 



IsTiile economic analysis is an important tool in determining the budget required to 

 achieve given goals and objectives, it is also important in allocating provided funds 

 for a specific project or program. Managers have no choice but to be critical of their 

 own spending proposals. The most difficult job is to guard against negating the bene- 

 fits of spending by accommodating public pressures for certain types of land use that 

 can either act counter to the goals of watershed management or increase the management 

 cost of rehabilitation activity. The public land manager is no less responsible for 

 fiscal integrity than he is for biological, ecological, and physical concern for the 

 resource . 



"Resource stewardship" is the phrase usually used to describe this obligation to 

 the public, and it should be used as a guideline for management rather than a license 

 to spend. The additional costs necessary to accommodate kinds and levels of uses that 

 are generally local in scope and of limited value are direct subsidies to the user when 

 the marginal costs exceed the marginal benefits for those who pay for them. It is 

 presumptuous to assume society is willing to pay for something for which it has not 

 recognized a value. 



9 



