In a previous issue of the Forester the writer traced the early history of the United States forestry policy. In a monograph which is now in the publisher's hands the history of that forest policy has been brought down to the present time, and the results have been analyzed in detail. In that monograph the writer has indicated how as a result of the unwise policy pursued by Congress most of the timberlands of the country have gravitated into the hands of a few holders, and how, upon the basis of this concentration in the ownership of the standing timber, there have developed certain monopolistic conditions in the lumber manufacturing industry. It is the purpose of the present article to consider the various ways of dealing with this so-called "lumber trust".