HOW TO MAKE MONEY.

Wairarapa Age, Volume XXXII, Issue 982, 28 February 1910, Page 4

HOW TO MAKE MONEY.

It is astonishing the wonderful profits that can be shown in black and white on industries that when put to the test of practical experience fall far short of anticipations. No doubt many people have had laid before them prospectuses that bear a flourishing surface, and' to judge by the "absolute facts" set out must prove veritable Golcon Jas. Thesa affairs when put to the test seldom realise expectations; on the contrary, they turn out disastrous failures. There are, of course, exceptions, and aorae in vestments have turned out all that fancy painted them. "Clubman," in "The Scottish Field," contributes the following information, which, if founded on fact, would prove a profitable investment for landowners in Australasia, the native habitat of the gum tree. "Clubman" writes:—"l wonder if many readers of "The Scottish Field' know what a wonderful tree is the eucalyptus. Everyone is well acquainted with the name, and is aware that some portion of the tree is used as a preventive and as a crue or influenza, but there knowledge appears to end. It was only the other day that I learnt that the eucalyptus is one of the best hard timber trees, and certainly the quickest growing tree in the world. Planted from seed, in ten years' time the eucalyptus, or red gum, is nearly a hundred feet in heighc, and as straight as a fishing rod. In California, where the climate is ideal for the purpose, fortunes are being made of this tree, and anyone who can afford to wait ten years for a return has here a splendid investment. To put a concrete case, 30 acres, planted with seedlings, can be obtained lor £1,200, and if allowed to grow for ten years the timber can be sold for £12,000. The ground of course remains the property of the purchaser, and every subsequent seven years the trees have grown again from the stumps as high and as thick as ever. The figures are based on the prices of to-day, hut it should be added that the price of this timber has advanced 100 per cent, during the last ten years, and with the steady depletion of the ordinary slow-growing timber tree, is almost certain to go steadily up vards f>r years. To anyone interested in the matter I will gladly eivc further particulars." t i