All the forest land now in the United States including culled, burned and cut-over tracts, totals 463,000,000 acres.

We now have more waste and cut-over lands in this country than the combined forest area of Germany, Belgium, Denmark, Holland, France, Switzerland, Spain and Portugal.

The merchantable timber left in the United States is estimated at 2,215,000,000,000 board feet.

The rest is second-growth trees of poor quality.

One-half of this timber is in California, Washington and Oregon.