Los Angeles herald., 1909-11-28

~ of certain unassaiable
Wfacts The first of these Is the existence OF
an imminent timber famine. The average
man never thinks of the fire escape until the
danger is upon him. So this country has
ignored the approach of great calamity
awaiting the day when 1t will awake and
ask why its orders for hardwood are not
filed why the wheels of great industries are
still. It will be told that hardwood 1or com
mon use is a thing of the past, that the little
that still remains has placed it in the rank
of luxuries; that those who own 1t possess
a gold mine.
Then he will recall that the Government
for years uttered its warning of the ap-
preaching crisis, and that those VINO saw
the inevitable and acted upon this knowl-
edge were the wise ones of their generation.
Every man today who has any knowledge
of the situation admits this fact, that as
rapidly as the demand for hardwood is in
creasing the supply is decreasing. Roose-
yelt, Pinchot and every expert in the ma
tional service have said it. The situation is
that of a great demand and no supply.
The Price Has Climbed
Second the price of lumber has doubled
In the last ten years, and the extent of its
future rise only the imagination can predict
We know that the of eucalyptus for
every known purpose for which oak or
hickory is employed is limited only by the
supply. Eucalyptus lumber firms on the
Coast are receiving orders from every State
in the Union for bank, store and office fur
nture, which far exceed their ability to
FILL and this wood is being used in the use
full trades as extensively as the supply per-
mits.
A Monopoly
We know, on the authority of the Govern
ment and every expert that the eucalyptus
hordxxy In Fha
world; that in six to ten years 1t grows as
large as the white oak in 20 to 100; that
this phenomenal capacity for growth makes
eucalyptus the Nations great hope in the
coming famine that, in fact, the owners of
eucalyptus will have a virtual monopoly OF
a commodity which is as necessary to our
industrial life as the clothes we wear
We know the market prices of oak,
hickory, walnut and mahogany, and we
know, on the best authority-namely, the
lumber trade-that eucalyptus timber on the
stump today is worth $25 per thousand.
From this we know that valuation of S5
per tree at a timber age, eight or ten years,
is ultra-conservative.
This means that an acre containing 600
of these trees will yield their owner $4,000
at single cutting-that five acres will earn
him $4,000.
This represents an increase of 120 per
cent year on the purchase price!
There are the facts, impregnable, un-
assailable. No man lives who can refute
them. Beside them every other legitimate
investment open today dwindles to littleness.
A World Movement
The recognition of these facts has started
a movement that is already world wide 1t
means that the eucalyptus industry is GO
ing to oustrip in value every other Industry
on the Pacific Coast From the farthest
States in the Union, and from abroad. money
is howing in an ever-increasing stream To
this investment-the one investment ever
known where overproduction is an utter i'm.
possibility.
1t means the introduction of new stand
ards in the eucalyptus industry. No longer
may any but the best lands be used for enca.
lyptus, nor may one essential condition for
It's perfect growth be disregarded. If is for
this reason that GLENARDEN created
new epoch in the eucalyptus indnstrv
The one aim of eucalyptus growing ss
money-making enterprise is a maximum ot
growth in the minimum of time.
Conditions Necessary
The necessary factors for this result are