Evening star., 1926-03-24
T|MBERMEN ADVISE
HOME OWNERSHIP
Southern Pine Association
Acts to Perpetuate Supply
of Lumber in u. S.

| Special Dispatch to The star.
NEW YORK, March 24.-iIome,
sweet home is not only a song and Il
| sentiment; 1t is "A basic principle OF
! American business life. That is one
reason lumber manufacturers are
looking forward 10 a bright future
and are taking steps to insure that
! the supply Of timber fer hUmebuild-
| ing shall never be exhausted. ENciu-
! sive dispatches to- the writer rom
! large lumber manufacturers now
/ gathered 1T the convention OF the
{ Southern Pine Association. in New
. Orleans, gave assurance that they
would continue to further the con
| struction Of homes by instruction
| and in some instances by assistance
| in financing by reforestation and by
! elimination of waste in wood prod
uctS.
| The southern Pine Association has
decided to continue contributions OF
funds TO the American Savings Build
! ing and Loan Institute to educate the
public to the advantages OF home OWN
ing and how to finance home building.
The assistance provided by the aSSo-
citation and it's mcmberS, they are dc
terinned. must he such as To estab-
lish no dangerous credit system.
Hits InstaIImcnt Buying.
T.. ~ Frost of Shreveport. la, pres
| ident of the association. said:
MANY prominent Southern Pine
manufacturers are fully confident of
the ability and Willingness of the
American people to pay for the essen
tials which will enable each TO main
tain Il proper standard OF living,
whether purchases are made on the
installment plan or not. But Trey
feel the dangers and abuses of in
stallment buying must be guarded
against lest an unstable credit syS-
tenn be established. The association
aud individual manufacturers have
shown their approval of deferred pay
ment plans III buying and building
homes by supporting the building
loan movement. and by assisting re-
tailers in many instances 10 finance
homes for their customers.
Mare l.. Wisner Of. Laurel, Miss.
president of the Lumber Manu-
facturerS' Association, and A. j.
Peavy Of Shreveport. president of a
large group Of lumber concerns and
small railroads. state their companies
assist retailers in financing home
building alonS the lines of building
and loan association.
The manufacturers made it plain
they would never permit the supply
Of timber TO disappear. 'Forestry Is
no longer a beautiful dream SAID
John l.. kaul of birmingham today.
1T is on the high road to becoming
an accomplished fact. There will al
ways be Il good supply of Southern
pine lumber available and the develop
ment of reforestation will assure
dealers and consumers the supply is
not To be exhausted
RefOrestatiOn Is Discussed.
The other members of the associa-
ton, in addition to MIR. kaul. We're de-
termined on Il refOreStation policy,
but asserted fire protection must be
provided by the States and an equi-
table system Of taxing cut-over land
provided.
"Reforestation." Mr.. Raul added,
will mean continuation of the
great lumber industry and an i'm.
menSe economic gain for all, in which
the lumbermen will participate. The
Southern pine lumbermen who take
no interest in forestry and who have
not attempted to practice reforeSta-
ton have failed to take advantage of
their opportunities no only to benefit
themselves but do something as good