Capitolo 83
as a business. The rapidity and quantity of product assure profit
under conditions that would be prohibitive elsewhere.
2. In many cases, perhaps in more more, a second crop can be starts
with the small initial expense.
3. There is a lot of earth of any value for some other purpose.
4. Even if the owner doesn't desire enough to hold his/her earth along for
another crop, or if you/he/she is prevented him by to do so to some future
excessive taxation time or the other prohibition, his/her value of disposition
is greater if it bears the young growth of forest that if it does
not.
5. The values of Stumpage are sure to greatly advance and their advance
you/he/she will greatly be governed by these factors:
a. Speculative influence that necessarily accompanies the diminution
of the provisioning of lumber of the nation and the world.
b. The carrying charges of prevention of fire and taxation imposed
from the community on lumber of virgin that, from when they represents
an investment that must be recovers, or it will be assistant in the
from very precisely races to the price of stumpage in the measure of them
gravity and so it transferred to the consumer, or it results in rapid
cutting and accordingly it raises the speculative value of that that
cut of escapes. (This the consumer will also pay.)
c. The quantity of new lumber grown.
6. It is probable that future application for lumber will refund the
costs to grow him/it, both this cost reasonable tall or low _within
limits_.
7. However, this doesn't mean that the wish of owner of timberland or
to generally take part in the business when the cost is excessive.
While probably he could eventually make a good profit, such
investment is too much heavy and prolonged for being inviting; besides there
it is the possibility of whole loss from fire. He will naturally compare
it with the other investments that have less disadvantages. For example,
since conditions that discourage the increasing one to compete new
forests mind for this a lot of reason to improve the value to exist