BETTER THAN GOLD MINING.

Taihape Daily Times, Volume XI, Issue 3508, 10 June 1920, Page 7

BETTER THAN GOLD MINING.

I The following extract from :1 recent‘ issue of the Sydney Daily Telegraph thus 1‘Li01'(3.i."3i?..11 passing in’;erest for iNew Zealanders in view of the abnor'- : in-a.ll—y high prices of timber resulting nlainl_v t'ronl the disappear-lance: of our forests and the claimant \10[}1:-Endfgi for a more zealous policy of State afforestation: The discover-jy b3’ the .\/lmister for Lands that foresit land p‘-anted with pine in Via-i’.)l‘i:L has it?f1l1"I19d £4OO per acre after 28 years of growth and that even at the iow pric-3.; ruling before the war some .19-_Ve'.ll‘—:>ld plan-i tations returned up to .-1.3150 per zicro, strikingly illustmtes the value of t‘orestry as a State industry. It is not it business for the private cultivator. who cannot afford to wait. for his crop. but for the Government. with such vast tl‘{-lcts. land at commaml as exist here. timber-gr()\vin_:; is (1. highly profitzuble enterprise, "Profitable or not profitable, timber isan essential that the country must have. and the Sup-U ply of which only long ibresighl will ussure. ‘Euc.-alyplus is a. more V-'£11Ll~! able timber for many purposes Niall‘ pine, and it is it compara.ti\'el,v rapid‘ reproducer. Mr Lou§l,hlin reports that he i'oun(l pine trees yieltliiig ‘up loi SOO and Imm lo’;-<-r of timlier each. But .’ \\'lHli‘ are ling‘ io :<.on2:* oi’ our North Cons: giinis‘? Ate pro:-:.ont 1) ‘hes tliisf woulal nialce (‘oi-«Jsl;-_V as rolliu.r.fCall3:{ pl'ofil':.iL)lG as gold mining, witliout the i risks. Australia has pr:ictiCali_\' n mun- 3 opolyc oi? the wor!«:i'<: r:ucla_\'3'[)tiis >llpply, and if ii:te~lEig<?r.l‘i3' il2l‘.‘.Liin?(] that‘ alone .<hm_ll(l pi.-m.*e 3. Ci=.‘.::ir»> 3ssel- ‘of’: uzaorznous value.