will exhaust the supply in 26 years, making no allowance for natural increase of local requirements. If, however, the demand expands in the same ratio that it has shown during the last 10 years, the consumption in 1895 will be upwards of 240,000,000 superficial feet per annum, and the kauri will be practically worked out within 15 years from the present date. Under these circumstances, the best interests of Auckland and the Colony at large demand the strict conservation of all available kauri forests. The progress and welfare of northern districts have been largely due to her magnificent forest resources, and their conservation will prove an important factor in the permanence of her prosperity. The utilization of the ordinary timbers should be encouraged, and it should be an axiom with the settlers not to use kauri when red or white pine can be made to answer the purpose. Any steps tending to postpone the period of exhaustion will be of the greatest benefit to Auckland, as they would allow a longer period for the growth of kauri timber to take place within the restricted limit in which replacement is possible. Should this warning be unheeded, a large displacement of labour will result, and the prosperity of the North will be greatly retarded.