Word: timberland
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Dates: during 1940-1949
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...next problem is to find another $12.5 million to expand his newsprint-making. He thinks that the future of the economically backward South lies in such new industries. Says he: "Sweden plants timber on land that costs $100 an acre [v. Texas timberland costing $75 an acre], and they do it economically. But that land won't grow a third of the timber we can grow here in the South...
Although Churchill is 550 miles south of the Arctic Circle, and its temperature rarely drops lower than 40° below zero F., it is an ideal spot for pitting men and machines against the cold. Located where the tree line meets Hudson Bay, it offers both timberland and tundra. And what it lacks in low temperatures is more than made up by its high winds...
...those who has worried over this waste is the Weyerhaeuser (pronounced "Warehouser") Timber Co., which owns 5% (about two million acres) of the timberland in Oregon and Washington. The world's biggest lumber firm, it devised a simple way to use sawdust, by pressing it into fireplace logs (Prestologs) at its Longview (Wash.) plant...
...Empire. Henry Ford did it. He was the genius of mass production. He created social problems which the U.S. is still trying to solve. For himself he built an industrial empire of coal mines, rubber plantations, iron mines, timberland, sawmills, hydroelectric works, companies in a dozen other nations. The empire's capital was the plant on the River Rouge where the stubborn, cantankerous, opinionated Henry Ford ruled the roost. At one time it was estimated that he was worth $2 billion. The bankers tried to horn in on the empire, but he repulsed them. He had a low opinion...
...years hunting gold. As a $250-a-month prospector (employed by Toronto's Rush Lake and Berwick Mining Companies), he was in the Mackeith Lake country last June with a young Indian helper named Maynard Bromley. One hot day they worked their way through the virgin timberland around the lake, scrambling over fallen firs and through heavy underbrush. Ahead they saw a mound heavily covered with northern moss...