6/18 These timberlands return a net income of from $3,000,000 to $4,000,000 a year. India now protects more than 35,000 square miles of forest against fire at an annual cost of less than half a cent an acre. Such trade must be built up on the basis of a permanent supply of timber. This means the practice of careful conservation and the replacement of forests that have been destroyed. We can not export timber from such meagre reserves as the pine forests of the South, which will not supply even the domestic needs of the region for much more than ten or fifteen years longer. |