Timber In Texas: A Case Study

Every state,or place in general, needs a type of resource to make money as a

The article, “Creating the System: Railroads and the Modern Corporation”, informs us all about the development of the transcontinental railroad and how it helped drive the nation west and also transformed western North America into a economy that had many opportunities. The railroads have always interested me when it comes to this period of time. What I learned from the reading that I didn’t know before was that the Western railroads were primary carriers of grain, other agricultural produce, livestock, coal, lumber and minerals. Also seeing the prices that the farmers shipped their products for, and what they paid for the freights rates was very interesting. Overall, if the railroads wouldn’t have been built in a time when there was so little

Today the lumber industry isn't as successful. The lumber industry died out because we cut. Down all of the white pine. It even turned

Mass production was a major technological achievement all over the world especially in newly developing areas. Factory jobs were becoming wildly available and the demand for the materials used in these factories increased exponentially.” The southern states were more focused on gaining profit through agriculture, however the tobacco economy in these states was beginning to fail. With the rise of the textile industry, these same states

This memorandum will address issues raised by the transformation from U.S. Generally Accepted Accounting Principles (US GAAP) to International Financial Reporting Standards (IFRS) in the timber industry. I will cover the following topics: different accounting treatment under U.S. GAAP and IFRS, the influence on investment decisions, Plum Creek’s reason for the opposition against transformation, and conclude with my preferred accounting treatment under different roles.

The growth of transportation was vital to the expansion of the Texas economy because , good transportation system would develop Texas quickly. Farmers and merchants would sell their goods and market it faster, if they have railroads. Railroads were quicker and cheaper. People believed that railroads would help cotton farmers, ranches, and businesses do better.

Back in the late 1800’s many things happened with the lumber industry. At one point there was more than four hundred lumber companies.

In this paper I will highlight one of the governors of Texas. Dolph Briscoe was the governor of Texas from 1973 to 1979. Not only was he a governor, he was also one of the largest individual land owners in Texas history. This in a state known for huge ranches. His philanthropy has provided support to a wide range of educational, medical, scientific, and cultural institutions. In this paper I hope to provide a little insight in to how much this man has impacted the evolution of Texas.

During the Progressive Era the Second Industrial Revolution was in action, sprouting new technological advancements and ground-breaking creations or processes. During this era, new inventions were being made and big monopolies were increasing their use of natural resources to a point where it was becoming harmful. One of the areas of resources that was becoming alarmingly low was forests and lumber, leading to the Forest Reserve Act of 1891. This act, which occurred during the conservation reform, allowed the president to choose forests of interests and claim them as reserves, protecting them from being harmed or negatively affected by big businesses.

The 1901 discovery of the Spindletop field near Beaumont brought the oil boom to Texas. Cheap oil affected everything from transportation to state coffers to the establishment of higher education.

Stephen Austin was born on the Third of November in the year of 1793 at Austinville, Virginia. His family was one that made their wealth through the booming industry of lead mining. When he became fourteen years old, Austin went to study at Transylvania University in Kentucky; after two and a half years of study, he would never finish as his father needed his assistance to run his store. Also, this experience in running a store would provide Stephen F. Austin with “the excellent business habits and knowledge of human nature,” which would be useful for his future career as well as the title as the Father of Texas (Father of Texas, 14). His experience from this métier would be necessary for the formation of

2.During the years 1860-1890, Michigan's commercial development was dominated by the sawing, harvesting, milling and marketing of timber. Michigan politicians (under the influence of the state's Lumber Barons) fought hard to stop a bill that would have allowed Canadian lumber to enter the U.S. duty free. The lumber was desperately needed to rebuild a major American city after what terrible disaster?

Texas became flooded by adventurous and land hungry North Americans that were unfamiliar with the native Texans' history and

With the economic system, the south had a very hard time producing their main source “cotton and tobacco”. “Cotton became commercially significant in the 1790’s after the invention of a new cotton gin by Eli Whitney. (PG 314)” Let

This document compares and contrasts three future views on timber supply in the southern region of the US as projected by three third-party forecasting service providers – Forest Economic Advisors (FEA), Resource Information Systems Inc. (RISI), and Forisk. All three forecasts lean heavily on data from the Forest Inventory and Analysis (FIA) National Program and Resource Planning Assessments (RPAs) in their projections. In addition, Forisk explicitly breaks down softwood growing stock inventory into pulp, CNS, and sawtimber inventories whereas FEA and RISI are explicit only about sawtimeber and overall softwood growing stock inventories. This further complicates the comparison among the three providers but allows us to gain some insights on the relative shares of the three above components of timber inventory in the South as projected by Forisk.