Business & Finance: Popguns to the Rescue?

Is there going to be a shortage of lumber in the timber-rich U.S.? If so, why, and what will cure it? These were the crucial questions that the Senate's hardworking Truman Committee asked U.S. lumber authorities last week. The Senators got mostly equivocal answers but they brought to light a Washington wrangle that has been seething for months—and now has ended on the President's desk.

All Over Popguns. To the trade a "popgun" mill is a tiny sawmill largely supplied, and often run, by farmers and small-towners in their spare time. There are, according to the U.S. Forest Service, some 32,000...

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