May ls Home lmprovement Month

CRA's Fqrnsworth. Retires

Philip T. Farnsworth has retired as exec vp. of the California Redwood Assn., a post he has held for the past l7 years. He is succeeded by Keith Lanning.

Ilis career with CRA began in 1936, several years after his graduation from the University of California. He left the association to serve in the Navy during WWII and returned in 1947. He held positions as advertising manager, general manager, and was elected exec. vp. in 1956.

Under his influencg the CRA expanded representation of the redwood industry into many areas. He was general manager of the Redwood Industries Recreation Areas program, administrator of the Redwood Region Tree Farm program, a member of the Economic Council of the Forest Products Industry and a delegate to both the White House Conference and the Governor's Conference on Natural Beauty.

Farnsworth also resigls as mgr. of the Xedwood Inspection Service.

And the way to make history ir to come on strong. Like having over $327 million in assets the very day we were born That's punch. Right from the start. Then add position, like being the country's second largest producer of lumber and the sixth of plywood, and people start taking you seriously.

As well they should. For all that strength is derived from an extremely'solid product base. From lumber-redwood, fir, pine and hemlock. From plywood-both Douglas fir and pine. From pa.rticleboard-one of the faetest growing markets in the whole industry. And from quality pulp and wood chipe, plus a host of other products.

Yet history-making requires a touch of ingenuity as well.

Marketing ingenuity. From the outset, we realized a big problem in the foregt products busineee is market fluctuation. So we're stabilizing demand by taking our finished products wherever they are needed. L-P is moving into the growing overseas mafkets, especially those expanding economies on the Pacific Rim, like Japan.

And we have a lot more going.for us. We have timber. Plants. And people. Modern, efrcient plants close to substantial, cost-protected timber supplies and deep water ports. And people who are not only experienced in the foreet pnrducts business, but who have rekindled enthusia$n sinoe joining LP.

In shorl we're a lean, tough, profit-conecious organization, and we're going to stay thatway. Because we're making history. Today. Tomorrow. And for a long, long time to come.

UIP Louisiana'Pacific

NAW Attqcks Proposed Tqx

The National Assn. of Wholesaler-Distributors has urged Congress not to adopt a proposed capital gains tax on assets transferred at death.

NAW stressed that such taxation would limit the life of closely-held, family-owned wholesale distribution firms to one generation. He contended that, if enacted, it would impose a very real tax on an imaginary sale.

The association's witness asked Congress to recognize the difierence between a portfolio of readily marketable securities and a "portfolio" consisting entirely of stock or assets in a family-owned business. NAW noted that a capital gains tax on such assets transferred at death, as if sold the day before death-on top of existing state and federal estate taxes-would, in many instances, result in forced liquidation at distressed prices. Ultimately, with rapid elimination of closely-held firms, the American economy would be dominated by big business, NAW contends,

Lumbermen Turned Teqchers

George H. Weyerhaeuser, president of one of the nation's largest forest products companies, and nine of his executive and technical staff, are teaching a course during the spring quarter in the School of Forestry and Conservation at the University of California at Berkeley.

The course, "Public Policy aniJ Ind,ustrial Forest Management," is on developing issues of forest policy, ecology, technology, and environmental and social problems.