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Updated: June 2, 2025
From a chair-warmer on the porch of the Hotel Sequoia, the Colonel had heard the tale of how stiff-necked old John Cardigan had called the bluff of equally stiff-necked old Bill Henderson; so for the next few weeks the Colonel, under pretense of going hunting or fishing on Squaw Creek, managed to make a fairly accurate cursory cruise of the Henderson timber following which he purchased it from the delighted Bill for a dollar and a quarter per thousand feet stumpage and paid for it with a certified check.
"Say, Sproul," he gritted, as he came under the tree, "I've got an offer for the stumpage on township number eight. Seein' that you're in equal partners with me on my sister's money," he sneered, "I reckon I've got to give ye figures and prices, and ask for a permit to run my own business."
He lit a vesta, but checked his hand. "I only want to take off half, though." "That's all right." Beetle waved the brush. "I'll lather up to the middle see? and you can burn off the rest." The thin-haired first mustache of youth fluffed off in flame to the lather-line in the centre of the lip, and Stalky rubbed away the burnt stumpage with his thumb.
Why, timber that cost him fifty and seventy-five cents per thousand feet stumpage and the actual timber will overrun the cruiser's estimate every time will be worth two dollars and fifty cents perhaps more." The elder Cardigan turned slowly in his chair and bent his sightless gaze upon his son. "Well, well," he cried impatiently. "He loans us the money to build our road.
I have known the taxes on standing timber to equal six per cent. a year on the reasonable value of the stumpage. Thirteen States have State Forests with a total area altogether of 3,400,000 acres. Of these New York has the largest area.
Gradually it became the fashion in Humboldt to "unload" redwood timber-claims on thrifty, far-seeing, visionary John Cardigan who appeared to be always in the market for any claim worth while. Cardigan was a shrewd judge of stumpage; with the calm certitude of a prophet he looked over township after township and cunningly checkerboarded it with his holdings.
For thirty years John Cardigan had played a waiting game with the owner of that timber, for the latter was as fully obsessed with the belief that he was going to sell it to John Cardigan at a dollar and a half per thousand feet stumpage as Cardigan was certain he was going to buy it for a dollar a thousand when he should be ready to do so and not one second sooner.
No! no! it is the poet; he it is who makes the truest use of the pine who does not fondle it with an axe, nor tickle it with a saw, nor stroke it with a plane who knows whether its heart is false without cutting into it who has not bought the stumpage of the town on which its stands. All the pines shudder and heave a sigh when that man steps on the forest floor.
Much more at ease than it would have been had he read what was in Lorraine's mind when, she slammed that door. Up above Sugar Spring was timber. By applying to the nearest Forest Supervisor a certain amount could be had for ranch improvements upon paying a small sum for the "stumpage." The Quirt had permission to cut posts for their new fence which Al Woodruff had reported to his boss.
"Seems 'most as if you don't enj'y talkin' business with me," observed the Cap'n, with a meek wistfulness that was peculiarly aggravating to his grouchy partner. "I'd about as soon eat pizen!" stormed the other. "Then let's not do it jest now," the Cap'n returned, sweetly. "I've got something more important to talk about than stumpage.
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