Mr. Smith was a member of the Inland Waterways Commission and
of the National Conservation Commission and his Bureau prepared material
of importance for the reports of both. The investigation of standing
timber in the United States by the Bureau of Corporations furnished
for the first time a positive knowledge of the facts. Over nine hundred
counties in timbered regions were covered by the Bureau, and the work
took five years. The most important facts ascertained were that forty
years ago three-fourths of the standing timber in the United States
was publicly owned, while at the date of the report four-fifths of the
timber in the country was in private hands. The concentration of private
ownership had developed to such an amazing extent that about two hundred
holders owned nearly one-half of all privately owned timber in the
United States; and of this the three greatest holders, the Southern
Pacific Railway, the Northern Pacific Railway, and the Weyerhaeuser
Timber Company, held over ten per cent. Of this work, Mr. Smith says:
"It was important, indeed, to know the facts so that we could take
proper action toward saving the timber still left to the public. But of
far more importance was the light that this history (and the history
of our other resources) throws on the basic attitude, tradition and
governmental beliefs of the American people.
Pages:
673
674
675
676
677
678
679
680
681
682
683
684
685
686
687
688
689
690
691
692
693
694
695
696
697