FORESTS—STATISTICS 63 A list-of the pulp and paper mills, showing the location, nature of product and daily output of each, is shown in Appendix I. Development of the Pulp and Paper Industry.—The chief factors in the recent remarkable development of this industry have been, the swistence of abundant water powers adjacent to extensive forest resources Pulp and paper mill at Kipawa, Ottawa river, Quebec of pulpwood species, the development of hydro-electric power, the invention of improved machinery, and the discovery of the three chemical methods for reduction of wood fibre, the sulphite, sulphate (or kraft); and the soda process. A... Natural Advantages.—In the production of pulp and paper Quebec bids fair to continue her lead among the provinces. Since a ton of paper requires a cord and a half of wood and one hundred horse-power for its manufacture, only a land renowned for forest and stream can compete. Quebec's natural resources of pulpwood available at present are estimated at more than 130,000,000 cords, her water-power resources are estimated at 15,000,000 horse-power ordinarily available for six months of the year, of which a little over two millions have yet been developed; her geogra- phical position is unequalled in Canada for trade with Europe and the United States Foreign Capital Interested.—Capital is prepared to benefit by Ouebec’s opportunities. Within the last twenty-five years many millions