This analysis observes foresters' reluctance to invest in timber properties, indicating potential benefits of private forestry.
For some strange reason or other, foresters as a group seem to show no decided inclination to invest in timber producing properties. Undoubtedly there are many reasons for this. Perhaps foresters know too well the hazards of fire, of insects and fnngi, and of the heavy tax load to whichforest properties are subjected. It is refreshing, therefore, to find a forester willing to invest his savings in a forest property. It is still more refreshing to find that this investment does not seem to have "turned sour." There are few things that would so favorably affect private forestryas a large nnmber of followers of the excellent example set by Mr. Hall.
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William L. Hall (1939) studied this question.
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