Timber Shortage.

During the British House of Commons Forestry Debate, November 20, 1929, the following statement was made:—“There are to-day actually only four countries left in the whole wide world which are meeting their own timber requirements. They are Russia, Canada, the Scandinavian Peninsula, and Poland. Most of Russia's supplies are inaccessible, Scandinavia necessarily restricts cutting in accordance with production. Poland's supplies are very limited, and Canada's forests are not likely to be more than sufficient for her own and part of U.S.A.'s requirements in the near future.” It is obvious, therefore, that the softwood forests established by N.Z. Perpetual Forests, Ltd., are going to be very valuable when ready for realisation in the near future.^*

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