MEYBR & HODGE

33O Chapman Building, loo Angehs Phone VAndilre 4912

REPRESENTING RELIABLE MILLS FOR_

Lumber Doors Panels

MEYER &

SHIPPING BOTH CARGO and RAIL

Hodge

Johnny was in the arithmetic class again, probably the same class in which he gave that perfect answer, and when his time came to do his stuff, the teacher said to him, 'Johnny, if coal is twenty dollars a ton, how many tons can you get for a hundred dollars?"

"Four tons," very promptly answered Johnny.

"That isn't right, Johnny," declared the teacher.

"I know it isn't right, teacher," replied thc youthful prodigy, 'BUT ALL THE COAL DEALERS ARE DOING IT.'' announced the appointment of Prof. Fred R. Fairchild of Yale University as director of the investigation.

A detailed study of forest tax problems will be made in principal forest regions of the United States to determine the effect of present tax laws on reforestation and timber holding, and the conditions that must be met in any efiort to readjust present tax laws so as to be fair bottr- to the land owner and the county.