Projecting modest future growth for both prices and harvest levels, this study, first published in 1990, provides theoretical and empirical justification for challenging the conventional wisdom that real timber prices will rise for the indefinite future. The study presents fifty-year projections of regional and world harvest levels, world market price, and investments in forest regeneration by region. This book will be of particular interest to students of economics and environmental studies.
The handsome clubroom of the Black Bear Patrol, Boy Scouts of America, in the City of New York, was ablaze with light, and as noisy as healthy, happy boys could well make it. "Over in the Chinese Sea!" shouted Jimmie McGraw from a table which stood by an open window overlooking the brilliantly illuminated city. "Do we go to the washee-washee land this time?" "Only to the tub!" Jack Bosworth put in. "What's the answer?" asked Frank Shaw, sitting down on the edge of the table and rumpling Jimmie's red hair with both hands.
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