. Economics of forestry [microform] : a reference book for students of political economy and professional and law students of forestry. Forêts et sylviculture; Politique forestière; Forest policy; Forests and forestry. METHODS OF FOREST POLICY. 255 possible, and at least conservative lumbering would appear more profitable. Export duties, if placed high enough to prevent practical exportation, would appear a more rea- sonable method of influencing exploitation; but when we consider that, for instance in the United States, the va^ue of forest products exported hardly exceeds 5 per cent of the va


. Economics of forestry [microform] : a reference book for students of political economy and professional and law students of forestry. Forêts et sylviculture; Politique forestière; Forest policy; Forests and forestry. METHODS OF FOREST POLICY. 255 possible, and at least conservative lumbering would appear more profitable. Export duties, if placed high enough to prevent practical exportation, would appear a more rea- sonable method of influencing exploitation; but when we consider that, for instance in the United States, the va^ue of forest products exported hardly exceeds 5 per cent of the value represented in home consumption, and is counterbalanced to at least one-half more by importations, it would appear that the influence of an export duty, at least for this country, could hardly have any appreciable effect in establishing forestry practice. But all such devices influence only the present or short future, while the interests of the forestry business are in a distant future. We must never forget that financially forestry means foregoing present revenue, or making present expenditures for the sake of future revenue. To induce private owners to begin such a con- servative policy is hardly to be attained by tariff legislation, unless a definite obligation is laid upon them to spend a part of the increased et. ning in that direction. The case is entirely different when a systematic forestry business is actually established and in competition with importations from a country where crude exploitation of viigin forests is still practised, which threatens to make the home enter* prise unprofitable. if. Please note that these images are extracted from scanned page images that may have been digitally enhanced for readability - coloration and appearance of these illustrations may not perfectly resemble the original Fernow, B. E. (Bernhard Eduard), 1851-1923. New York : T. Y. Crowell


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Keywords: ., bookcentury1900, bookdecade1900, booksubjectforests, bookyear1902