Capitolo 28
valued product, future and valued values and it appraised bringing
positions. These considerations are important, but their importance is
greatly in proportion to the financial weakness of the possible one
lumber's grower. We regress again to the practical certainty that unless
reforestation is general, the exhaustion of lumber of virgin will be
followed by a shortage, and that the man that has a second crop to that
time can get a price that will refund its carrying charges
both them tall or low. The cost to overcome present obstacles wants
the consumer is moved to. The possibility of such investment
you/he/she is greatly determined by ability to maintain a protective system
with economy and to bear the expense of this and heavy taxation
during the period of any return.
In short, the weakness of the financial calculation and to the agenda on
existing conditions are that it tries to appraise future stumpage
values without knowledge of the true factor that will determine
them. This factor is not the probable increase of existing stumpage
while continuous to exist, but it is the extension of the new-adult
provisioning that will follow him/it provided the existing conditions they remain
unchanged. It is incoherent to almost show up the cost on prohibitive
the conditions of present without also recognizing that such conditions, if
continued, it will change completely the influences what time they determine
the market.
WHO CAN AFFORD OF NOW TO REFOREST
On the other hand owners of lumber they have from any equal opportunity of means
to take advantage of this fact. The productive ability of them
various earth, their taxes vary, the extension and location of them
equity holding strikes the expense of protection against fire and them
doesn't have the same installations to finance an investment of long term.
It is the equilibrium of these factors that you/they determine their opportunity.
Conceited percentage of the growth of lumber to be equal fire, present and tax
conditions classify them in relative advantage around as it follows: