The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1910-06-17
LAND in CANADA
AN INVESTMENT
WORK IT, AND SECURE 81 PER
CENT. ON THE EXPENDITURE.

Farm lands In Canada increased in
value this Spring from fifteen to TWEEN
ty per cent, and as a result of this
increase thousands of those who have
gone there within the past few years
have had that much more value added
to their holdings. There is proof here
that as field for investment there
is nowhere to be found a more profit
able one than in purchasing farm
lands in Canada. And, as a field for
occupation and working the farms
there is nowhere on the continent
where more satisfactory return is
given. The crops are always sure and
the prices are always good. With
railroads entering and traversing all
the settled parts, there are very few
districts in which the farmer will be
from railway station. Roads are
good, and big loads are easily handled.
The price of getting grain to the pri-
mary market is low on this account,
and then in reaching the worlds mar
kets the railways have their rates con-
trolled by the Government, and what
may be considered a fair deal is GER
tain. Good prices for all kinds of
grain is the rule, and If the investor
has made good money by the increased
value given to his unworked land, it
Is not difficult to understand that the
profit to the man who works his land
Is just that much more, and there
will be no depreciation. The man
who holds free homestead of one
which he got for $40 as an entry fee,
has land which at its lowest estimate
Is worth $40 an acre-yes, SIS an acre
the moment he has completed his
three years residence duties. 1t will
continue to increase in value until its
earning power gives reasonable in
terest on certain sum. That is, If
dollars per acre clear profit each year,
his land is worth to him, at fair rate
of interest, 5000 an acre. If he only
realizes $40 an acre clear profit, it is
worth 500 per acre. Now, thou
sands of farmers are duplicating these
figures. The price Of land in Canada
to-day is much less than its realizing
value. The fact that the fifty thou
sand Americans who went to Canada
year before last were followed by one
hundred thousand last year offers
some evidence, and good evidence. too,
that there is getting to be a pretty fair
knowledge that money is to be made in
Canada lands. AS an investment money
Is to be made, but more by living
upon the land, secured either by home
stead or purchase. The one hundred
thousand Of last year will be one hun
dred and fifty thousand this year.
These comprise people from every
state in the Union, and it is just being
realized the asset that awaits the
homeseeker in Canada. The large
numbers that have gone, though,
makes no appreciable difference in
the supply of land. There is still left
vast quantities of the best of it. But
the longer delay is made in arriving
at decision, the price will advance
proportionately, and the more de-
sirable homesteads near the railway
lines become more difficult to secure.
The Government publishes interesting
literature, which may be had on ap-
plication to any of the agents whose
offices are located at different points
through the States, and they (the
agents) will be pleased to assist in
any way possible in the choice of 10
cation.