Jose Anat 1925 
U. S. DEPARTMENT OF AGRICULTURE 7, 7 
MISCELLANEOUS CIRCULAR No. 39 
\ 
REPORT OF THE NATIONAL CONFERENCE ON 
3X 
UTILIZATION OF FOREST PRODUCTS 
NEW NATIONAL MUSEUM 
WASHINGTON, D.C. 
NOVEMBER 19 ano 20, 1924 
“We hold the resources of our country as a trust. They ought to 
be used for the benefit of the present generation, but they ought 
neither to be wasted nor destroyed. The generations to come also 
have a vested interest in them. They ought to be administered for 
the benefit of the public. No monopoly should be  Jormitied which 
would result in profiteering, nor on the other hand should they be 
indiscriminately bestowed upon those who will unwisely permit them 
to be dissipated. These great natural resources must be administered 
for the general welfare of all the people, both for the present and for 
the future. There must be both use and restoration. The chief pur- 
pose of this conference is to discover policies which will, in the hands 
of private individuals and of public officers, tend to further advance- 
ment of this already well-defined and securely adopted principle.” 
—President Coolidge. 
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