Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1916-08-31
MAKING RAPID STRIDES
Canada improving IN Every Way
--AqricuIturalIy, Commercial
and Financially.

The reports coming to hand every
day from all branches Of industry In
Canada speak highly Of the construc-
tive ability of that country.
Recently the managing directors OF
the Canadian Credit Mems Associa-
ton gave out the statement that busi-
ness in Western Canada was good. In
every branch Ii is better than In 1913,
and everyone will remember that In
that year business was excellent He
says:
"The beauty of Ii liz the way In
which payments are coming In. Mer-
chants all over the West are taking
their cash discounts. Such transfer
nation never saw.
From the records In the Office /
knew 1t was getting better. We clear
here every retail merchant In the eoun-
try every three months, and we are
therefore I'm the closest touch and have
intimate knowledge Of the way trade
Is going and how payments are being
made. Conditions at the present mo-
ment are better than had dreamed IL
Was possible that they should be.
1.-THE statements which We are re-
ceiying with reference TO the standing
Of country merchants indicates that
there will be very few failures this
fall. 1t is quite remarkable. Men who
have been behind for years and ia the
hole are actually paying spot cash for
everything. and taking their cash dis
| this fall will have more money than
| they know what TO do with.
This is about the condition Of trade.
| and am glad TO say there lis 40 exag-
geration In what | have said. The
business Of the prairie provinces In III
splendid condition.
Crop reports are also good. From
all parts comes the werd that the crop
conditions were never better, and the
situation st the time Of writing is
| that there viii be fully as great d
yield as Ia 1915. when the average Of
wheat over the entire country was UP
wards Of 30 bushels per acre. The
harvest therefore viii be q heavy oneA-
and, following the magnificent harvest
Of last year, the farmers Of Western
Old indsbtednesses. much Of which
followed them from their old homes,
are being wiped out. improvements are
now being planned. ADd additional
acres added 20 their present holdings.
During the past year there was L
large increase in the land gales both Try
! the Canadian Pacific and Canad.an
Northern land companies, rs well as
by private individuals. A great many
Of the purchases were made by fnrm-
ers who thus secured adjoining quar-
tiers or halves. the best evidence praiy.
ably that could be had Of the value
of Western Canada land when those
who know the country best are adding
to their holdings. A number Of out
siders have Also been purchasers but
very little land has changed hands eur
speculative purposes.
An evidence VI the prosperity of the
country is found In the fact that such
! large number Of farmers are pur-
chasing automobiles
Alleged hard times In Manitoba tnve
not dampeBed the ardor ID motorists
or prospective ones. The automobile
license department reported few
days since that there are 800 more
private owners Of cars tn the province
2 las a.
licenses issued this year was IL. 4o3, us
/ against $500 last year. At III over
age cost Of $1,000 each the newly pur-
chased cars represent total outlay Of
$1,000 900, while the total number of
cars la the province are worth arprux-
irnateiy s10.uo0,ooa. The new csLrg ure
/ Of modern typeg.
| Many people, for some unexplained
reason. have feared and continue 10
ftssAr that ttlis country will experience
| period OF Industrial and business
callness after the war. There seems
10 be no Justification for such s1..tp.
/ iataon.
On the contrary. there are sound
reasons for belief In the prediction If
Mr.. k1ar0an Mott Robins, vice pres,-
dent OF the Farm Mortgage Bankers
Association Of America. who liz the
Monetary Times. declares that CANADA
VIII experience her greatest proper
taonRts Development In production I'm
netsaatslf after the conclusion uf tile
war. The country viii certainly have
exceptionally favorable eoulrnerclnI
conditions to take advantage Of.
There will be the Trept need uf Eu.
rope In the work If Reconstruction