Since hemp hurds are to be treated in this report as a raw material for the manufacture of book and printing papers, the qualities, supply, probable future, and cost of the material will be considered in comparison with wood, with which it must compete. There seems to be little doubt that the present wood supply can not withstand indefinitely the demands placed upon it, and with increased scarcity economy in the use of wood will become imperative. This effect is already apparent in many wood-using industries, and although the paper industry consumes only about 3 per cent of the total forest cut, it is probable that it will be affected through this economy. Our forests are being cut three times as fast as they grow, and as wood becomes more expensive proper growing and reforesting will receive more attention. Thus, naturally, a balance will be established between production and consumption, but as this condition approaches its limiting values the price of wood may rise to such levels that there will be a demand for other raw materials. The use of waste paper in conjunction with chemical wood pulp has increased to enormous proportions, and it is probable that the increase will continue. Although it is a cheaper raw material than wood, it is reasonable to suppose that as the wood supply decreases and the price of wood pulp advances, the price of waste paper will advance somewhat proportionately. In view of these conditions it is advisable to investigate the paper-making value of the more promising plant materials before a critical situation arises. To be of substantial value the investigations should include not only a determination of the quality and quantity of pulp and paper which the material is capable of producing, but should embrace a consideration of such relevant factors as agricultural conditions, farm practice, assembling conditions, transportation, and probable future supply. Certain cultivated plants seem particularly promising, because in the harvesting of the regular crop that portion which might be utilized for paper manufacture necessarily is either wholly or partially assembled. To this class of plants belong corn, broom corn, sorghum, sugar cane, bagasse, flax, hemp, and the cereal straws.[1] [Footnote 1: For descriptions of investigations of some of these crops, see the list of publications at the end of this bulletin.]