“If the proprietor, for instance, plants 100 acres of ground, the trees being placed four feet distant from each other, each acre will contain 3422 plants. If it be planted with hard woods, chiefly oaks, and a few firs to nurse them up, supposing it is a plantation purely for profit, the expense of plants and planting, per acre, will be 6_l._ £ 600 0 0 Rent of land for ten years, at 1_l._ per acre, per annum 1000 0 0 Interest on rent 225 0 0 Expenses of thinning, pruning, and training up for 10 years, at 1_l._ per acre per annum 1000 0 0 ---------- Total expenditure £ 2825 0 0 Deduct produce of 1000 trees thinned from each acre, during the first 10 years, at 2_l._ per acre £ 200 0 0 Deduct value of 2422 trees left on the ground after the first 10 years, at 7_l._ 10_s._ per acre 750 0 0 950 0 0 ---------- Total outlay at the end of 10 years £ 1875 0 0 To which add expense of thinning and pruning for the next 10 years, at 2_l._ per acre £ 200 0 0 Rent of the land for the same period at 1_l._ per acre per annum 1000 0 0 Interest on the rent for the same period 275 0 0 Interest on 1875_l._ for 10 years 937 0 0 2412 0 0 ---------- Total outlay for 20 years £ 4287 0 0 Deduct produce of 1000 trees thinned out during the last 10 years, from each acre, at 6_d._ each, or 25_l._ per acre £ 2500 0 0 Deduct for 1422 trees which fall to be enhanced in value during the last 10 years, and will come to at least 35_l._ 11_s._ per acre 3555 0 0 6055 0 0 ---------- £ 1768 0 0 Deduct from this the value of these 1000 trees as they were first estimated at the end of the first 10 years, at 3_l._ 2_s._ per acre 310 0 0 ---------- Thus leaving a balance in favour, of £ 1458 0 0”