“I have heard, Dieter, that you have bought up a good deal of cutover lands. Is that true?” “It is. Such land can be had for almost nothing, and it gives me pleasure to replant and make it good and valuable forest again.” “But surely it will take many years before it can be cut, before it has value.” “Of course. But in Europe people consider the past and the future with greater seriousness. We have been managing forests for centuries and it is an ingrained habit to consider the future. Americans have no sense of years beyond three—last year, this year and next year. I suppose I keep to my old
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