Condition of the Lumber Industry

Among the industries of the United States which showed signs of distress in advance of the current business depression, and which have been further depressed by existing trade conditions, those concerned with the exploiting of natural resources-coal, oil, minerals, and lumber-stand out prominently. Of these, the lumber industry is receiving increased public attention not only because of its importance and its economic difficulties, but also on account of its active efforts to persuade Congress to lay an embargo on “convict-made” imports of lumber from Russia, attempts to relax the application of the antitrust laws in its behalf, and the recent appointment by President Hoover of a National Timber Conservation Board.

The United States is the largest lumber-producing country in the world and it is estimated ...