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other circumstances favorable - and these wanting the mills at Newport News posess these advantages and I would recommend that they be kept there and run for account of the Bureau.
I would respectfully invite your attention to the accompanying Estimate of the cost of manufacturing 10,000 feet of inch boards.  (Estimate A) as now done at these mills, hauling logs 3 miles and costing the Govt piled on wharf ready for shipment $10.54 per M. and upon which the Bureau would lose by Hunts contract $28.26 daily,
(Estimate B) showing what Hunt pays - estimating that it will cost him as much to saw the timber as it does the Govt - his lumber costs him $7.72 per M. on the wharf ready for shipment.  He also claims the wood (slabs cut into cord wood surplus over supply needed for engines) amounting to 100 cords per Month and which will make a difference to Bureau of about $10.00 per day.
(Estimate C) Hunt and others claim that that the work can be done, yielding a profit to the Bureau at the prices specified on his contract - admit that it can be done at the figures named on the contract - the Bureau would realize nothing and would be at a continual outlay to keep Mills in repair
Allowing even the widest calculation no one certainly can claim that the Bureau will realize more than the $2 per M. which Hunt pays for Stumpage and use of Mills. when the Mills ought to pay a revenue to the Bureau of $9.29 per M. estimating that the logs 
  
 

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---------- Reopened for Editing 2024-01-26 17:58:10