🚀 go-pugleaf

On 11 Sep 1997, Larry Caldwell wrote:

> In article <3415A1AA.3B18@forestmeister.com>,
> Joseph Zorzin <redoak@forestmeister.com> wrote:
> 
> >  ... If we gave up one B2 bomber we could afford
> > all the remaining virgin timber in America. 
> 
> I think you're seriously underestimating the value of the stumpage there,
> Joseph.  I've spoken sternly to you about this in the past.  Select old
> growth goes for over $1500/mbf, up to $3000/mbf on the export market.

Sounds in the ballpark.  However, the issue surrounding Headwaters is why,
if the area is destined to be a park, we have to pay for it twice. Hurwitz
caused the failure of an S&L which we bailed out, and now we are to spend
a simiar sum for the redwood old-growth? A trade to avoid jail time sounds
fair to me.

> Private timber is, of course, the only timber we can export, thanks to
> congress.

Not true. Port Orford cedar is exported to Japan, in a loophole of the
ban.  Apparently, they will pay astronomical prices for it. The practice
of substitution is also hard to prevent, whereby the public land logs are
milled here, and the private logs exported; this partly defeats the
purpose of the ban.  At any rate, mechanization of log utilization has
probably eliminated any jobs retained by the export ban anyway.  Finally,
top-grade federal logs are sawn into cants, bundled up again, and
shipped out.  This minimal processing avoids the ban against "whole log
export".  The cants are then reprocessed abroad into useable products.

> Now do another head cruise on Headwaters, and get back to me with a revised
> B2 shopping list.  Hint:  the purchase deal they're talking about would pay
> off the $2.5 billion in S&L money, PLUS a larger tract of public lands.
> 
So, you think we should pay twice??! We have already bailed out the S&L.

		-Dave

> -- Larry
> 
>