AFFORESTATION.

New Zealand Herald, Volume LX, Issue 18355, 22 March 1923, Page 9

AFFORESTATION.

TIMBER BETTER THAN GOLD.

New Zealand is the finest timbergrowing country in ." the world.: This all forestry experts are agreed upon, since commercial timber trees grow v twice ;as quickly here as they do in their : native* countries, where timber' culture is a national industry. Take pinus insignis, for example. In 25 K years a - scientificallyplanted acre will produce £ over 100,000 super feet of commercially' saleable timber, the price of which:; has been regularly on the increase, and is likely to still further advance. In , spite of the popularity of reinforced concrete construction," the demand for timber shows no falling-off for building purposes, while new directions for its use are constantly being found. That a timber famine will have to be faced in the near future is recognised by all the leading authorities. Professor Grossmann's statement is Of interest here, for he writes: iho very least, over 100 million ;. feet of / conveyance timber will be required for the marketing of our agricultural products in the near future and all these needs could be adequately met by planting pinus insignis. Government experts estimate that, allowing for all cost of young trees, planting, maintenance and , harvesting, a £25 investment in scientific timber culture will produce a return of from £300 to £600 in 25 years, or a regular yearly income of from £12 to £25. This reads almost like fairy-finance, but instead it is actual, demonstrated fact. Of course a large area must be planted, the culture must be scientific, and every precaution taken against losses by fire. All this is understood and contemplated •by Afforestation, Limited, a company that is now being locally formed to grow softwoods and hardwoods commercially near Putaruru. The shares in this company : are £25 each, that can be paid either as cash or on extended terms. What better provision for a child's future ; could a parent make than buy i him' one of these shares, the' return from which on maturity would be 12 times as (great; as the original investment, and be payable at a period of life when its (worth would be most appreciated. Or again, a man ;;of 40 can provide for, the evening of his days by a present payment that is only a small proportion of his present income, ..the investment, moreover, having a • marketable value that constantly increases during it* currency. Consult Mr. H. Landon-Smith, 20, H.B. Buildings, Queen Street, Auckland, on this project, and let him {support the figures and statements above by definite and verifiable proof.— ; '