The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-10-21

81, 967 PSI
90 Houses and barns .......... 800
(4) Horses, implements, etc.. 1900
$s,OO5,2s7
IMMEDIATE INCOME.
Item No
() BY sale of trees now over
ripe and beginning to deterior-
ate. and which should be
cut at once to save loss, es-
timated at tWo-thirds present
stand ........ ...............,..... 81, $50, 40)
ANNUAL OUTLAY
Item No.
e. Interest at per cent on
$1,sA, 7s7 ..:.....,.. ......e. ...... s66,oSs IS
lection -. ..,..,..... ....-...... 1880 20
pine and spruce. eight feet
apart each way, at 81 per
acre ..,:...... ............... 5000 co
81 so per LOCO $3.50 co
f10) Fer labor improving mead
etc ....,.......... 5000 90
etc. go. :. ............ 5000 90
Total $1O1, 1855 IS
II debt is funded ats per CENT. rs. 4S4 "A
Instead of per cent. the total
annual outlay will be ........... $74, 3O2 1
ANN AL INCOME.
Item No.
q2) 1873 feet board measure per
acre annual growth in 100000
acres would be 600 feet
beard measure, which can be
So gut each year without intrud-
ing upon. the normal growth
8 per ,o05, -. $4,000 90
Q3l For fishing and hunting u
privileges, cranberries, rents
Ldnd pasture .---..-... .........,... q 500 90
Total ACKNOWLEDGEMENTS. SOS, 500 90
ANIMAL INCOME AFTER so YEARS
Item No
90 Increase 1S5 feet, board
= per LOCO 80. $14S, 600 90
fishing privileges, rent of
house sites. agricultural land
etc ACKNOWLEDGEMENTS. III, QUO 90
d6) Hay and pasture. 1ooe0 acres
at 81 ACKNOWLEDGEMENTS. 10000 %
$16S, 900 %
ANNUAL OUTLAY AFTER 20 YEARS.
Item No.
d7) Interest at 5 per cent on
debt, 81 ,321. NEUTRALITY-SUSPICIOUS.. SGT, 0SS SIS
QS) Administration and protec-
(1g) For planting 5000 acres per -'''O9
year at IS per acre .............. 10000 90
$126, 5SS So
If debt is funded at 3 per cent. &c, 4S4 &
Instead of per cent, the annual
outlay will be .................. 500, 1872 II
ID This 100000 acres of timber land I
estimate to contain, approximately 625,-
100000 feet of timber which is somewhat
higher than the government estimate
but it Is considered fair estimate by
these who know the situation. This is
here valued at 81 per thousan nd, with the
0XnPPt9tiA0 nf fTxrat ipdS
once on the selection plan, which will
be more expensive than if it were logged
In the ordinary manner, and perhaps will
cost much as 80 cents per thousand
in excess of ordinary expense; but
I believe that even under sueh
conditions ~ per thousand feet
is reasonable figure since there
is a railroad going through the res
ervation, an dthe timber is easily gotten
out by this or by water. and there are
two saw mills close by or on the reser-
walton, of very large capacity. am in
cline5 to think that this figure is under
rather than over what can be obtained
for the timber.
(2) There are $3.50 acres termed .'agri-
! cultural land in this reservation. This
is a misnoTner, for but little of it is real
ly agricultural land, in the ordinary sense
of the word. AS understood here the
term agricultural land" means only
land that has but little, if any, pine tim
Der on It. But this land is so poor in
quality that comparatively little Of it
has any value for agricultural purposes.
And in view of the fact that there is
such a large amount of good agricul-
tural land in the timbered section of this
state that is still unoccupied, 1t is rfdi-
culous to claim 1t necessary to hold this
land open for agricultural purposes The
agricultural land is figured at SIPS per
acre, the regular homestead price, and
which would be a reasonable sum for
the government to pay the Indians for it.
CD 1t is estinla ted that at least twenty
families must be permanently located at
once upon this land were it taken for
park purposes.
Co From many surveys made it seems
fair to estimate that about two-thirds of
the trees on this land are overrfpe, so
to speak; in other words, are not i'm
proving. and these. under good forest
management should be cut at once
This would mean the employment of
fully two-thirfs as much labor as would
be employed Were the whole timber cut
at one time, and would give a large i'm
mediate income, which could be applied
upon the principal, thus reducing it by
two-thirds. After this was cut out, IL Is
estimated that the land would continue to
render certain annual income In TIM
Der. as shown by item No. I3.
CO. The interest on the balance of the
principal net paid Is here estimated at
| per cent, although this money could
| be borrowed at a much lower figure for
| the reason that the government Is re-
quired to pay the Indians 5 per cent on
| money received from this purchase. II
| this principal were paid to the Indians
! at once, and the government were to
| borrow the money for this purpose. it
! would not cost over per cent, which
| would result In the very material re5luc-
/ tim Of .fhis INTEREST 4ls-4akar