The Problem of Forestry in Minnesota Report to the State Forestry Board of Minn
The Problem of Forestry in Minnesota Report to the State Forestry Board of Minn
Carl Alwin Schenck
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If the cutting proceed gradually ? Hi li CHIEF FIRE WARDEN. 131 towards the prevailing wind direction, damage from wind-falls can be greatly restricted. Obviously the logging expenses under for- estry are slightly higher than in destructive lumbering. The pro- spective value of the second growth started by forestry will, how- ever, more than offset the excess of logging expenses, or, which is the same, the smaller stumpage prices obtained. If an industry works at a loss, it should, of course, n...ot be main- tained artificially. Forestry, however, never works at a loss; I do not hesitate to say, it is the only industry which never knows finan- cial failure. Proof of my testimony lies in 200 years of forest history abroad. A seedling once well planted is sure to develop into a tree; and as sure as the value of a tree is higher than the value of a seedling, forestry pays interest on the capital invested and repays the capital. True, the interest is small, being counter- balanced by expenses for protection, administration and taxes, all of which accumulate at compound interest up to the year at which the trees reach maturity.
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