Word: timbered
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...Murkowski shifted his strategy. As Congress tried to adjourn, he vowed to hold up an omnibus parks bill that would, among many other provisions, protect Sterling Forest in the Northeast and provide funding for San Francisco's Presidio, a new national park, unless the Administration agreed to supply cheap timber for KPC's sawmills. He failed, settling for an agreement that would provide timber to the mills at market prices for a two-year transition period--a fine deal for a Republican Party that celebrates the free market. Will logging end? Probably not, but the expectation is that tourists...
CALIFORNIA RANSOMING REDWOODS FROM A TIMBER TYCOON...
...MAXXAM (1995 sales: $2.57 billion), bought Pacific Lumber, the redwoods' owner. Hurwitz visited PL's Scotia, California, mill, and told workers he believed in the golden rule: "He who has the gold, rules." Then he drained $55 million from PL's $93 million pension fund, and cranked up the timber cut to pay off his debt. A redwood 300 ft. high and 18 ft. in diameter can bring $200,000 as a sawlog...
...remarkable to think that the issue of clear-cutting would trigger such a fierce debate in Maine, a state Ralph Nader once called "a paper plantation." Unlike the West, almost half the state is in the hands of private timber interests. This is the largest concentration of industry ownership in the country. Just 15 corporate landlords own 9.6 million acres, primarily in the North Woods, the great dark forest blanketing Maine's upper reaches. The same industry produced $5.5 billion worth of paper and lumber products last year, as well as 26,000 jobs for this hard-pressed economy. Such...
Today the timber industry no longer enjoys the absolute fealty it once did. Mainers have watched with alarm over the past two decades as some 2,000 sq. mi. of forest--roughly the area of Delaware--have been clear-cut. From the air, the rich coat of the North Woods looks like it has mange. In the past five years, softwoods such as spruce and fir have been chopped down at a pace almost double their rate of growth. "There is no question that clear-cutting was overused," concedes Roger Milliken, one of the most progressive of the large landowners...