Judging by the following from an English contemporary, they do not calculate profits from the same basis that we do :

"The expenditure upon the Windsor Parks and Woods exceeds the income from them by nearly 20,000, the New Forest yields a profit of 1300, the Forest of Dean one of over 6000, the High Meadows Wood over 4000, Alice Holt over 1000, Woolmer Forest and Bere Wood, Hants, nearly a 1000; Parkhurst Woods, Isle of Wight, yields a profit of 148 - the total receipts from the Royal Forests, says the Journal of Forestry, being 33,129 0s. 8d., the expenditures 18,519 10s, 2d. Windsor Forest, being entirely exceptional, is not included in the foregoing total. Like our contemporary, we have no doubt that the revenue from the Crown Woods might, in course of time, be very materially increased, while the expenditure on Windsor Forest might probably be diminished, and the income increased without diminishing the beauty of the forest, the comfort of the Sovereign, or the pleasure of her subjects,"

In our country the income over expenditure in any one year would not be considered "profit." We should want to know how much expenditure of capital and labor there had been for years previous; and we should perhaps want to charge six per cent, against all this outlay, that had for so many years brought in nothing, before calculating what the profits were. It seems to us that a full grown forest might yield in one year twenty times the expenditures of that year, and still the forest not to be a very profitable investment.

Forestry will pay, - well managed and rightly located, it will pay handsomely; but here, as in the meteorological aspects of the case, it is best to guard people from planting under misapprehensions. No cause is permanently successful that does not stand on a solid body of facts.