DR. GRAVATT: There is one point I'd like to bring out, backing up what the gentleman just said. You know we introduced back in 1928 to 1936 very large numbers of Chinese and Japanese chestnuts. Most of them went out to state forestry departments and such; somewhere around a half million trees. We have had some very valuable cooperative orchard plantings, which have been lost because something happened to the man, he moved away, sold his property, or died. With these gentlemen who have passed away, experimental orchard plantings and other trees were part of their lives, but their children, or whoever inherited the property, had no interest in continuing the work. We have had the same experience with some agricultural experiment stations where one of the horticulturists is interested in the plantings, but has moved away, and we have lost our plantings. PRESIDENT MacDANIELS: Thank you, Dr. Gravatt. Mr. Becker, do you wish to say something about the Reed Memorial? MR. BECKER: This is just a word of appreciation to a number of the Northern Nut Growers members who have helped out with the C. A. Reed Memorial. When we organized the Michigan Nut Growers Association last January it was Professor O'Rourke's idea to have a memorial at Mr. Reed's home town, which is Howell, Michigan. With Mrs. Reed's approval we planned as our first project, planting a nut tree with a suitable plaque in memory of the late Dr. Reed. As a followup, we issued a little bulletin asking for contributions toward the memorial. We sent these out to people who knew Mr. Reed, many of whom are among this group. Response has been gratifying and we now have approximately $95 toward the tablet. On Arbor Day a Michigan variety of shagbark hickory called the Abscoda was planted at Howell on the library grounds. The services were conducted with the cooperation of the Michigan State College and the Livingston County garden group. This is a word of appreciation and also to explain what we have done. Thank you. (Applause.) PRESIDENT MacDANIELS: We will go on to the next paper, "The Value of a Tree," Ferdinand Bolten, Linton, Indiana. Mr. Bolton. (Applause.) MR. BOLTEN: Members of the Northern Nut Growers Association and ladies and gentlemen: I am just a farmer. I am not a speech-maker, like the lawyer here who makes his living talking. I make my living farming, and I have some ideas, views that I'd like to bring before you. The Value of a Tree FERD BOLTEN, _Linton, Ind._