Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1916-02-11
WONDERFUL PROGRESS
IN CANADA
1t Is Over the HilI-SpIendid
Bank CIearings, and the Crop
Returns Reveal Vast Posi-
biIitieS for the Future.

There are opportunities for invest
ment in Canada now that may prove
attractive to American capital Land
| prices in the west are low and wages
| less than on this side of the line, and
whatever the outcome of the war, the
| future of the Dominion is assured as
one of prosperity in the development
of its vast resources Chicago Tribune.
a short time ago the Canadian gov
eminent asked for private subscrip-
| tions to loan of fifty million dollars
Less than month was given for COM
pletion of the subscription. On No
| venber Goth, the day upon which SUBJ
scriptions were to cease, it was found
! that ITO million of dollars had been
| subscribed or 60 million dollars more
than the amount asked. If there were
any so pessimistic as to imagine that
Canada was passing through period
of hard times the wonderful showing
of this subscription should put aside
all doubts of Canada's rapidly increas-
ing prosperity.
The bank clearings of Winnipeg for
1915 were billion and half OF dol.
lars. Think of it. Then, in addition,
there were the bank clearings of the
other cities throughout Western Can
ada. Regina, Saskatoon and Moose
Jaw also show big increase in clear
ings. The Winnipeg statistics show
| that the city has done the biggest
| financial, commercial and industrial
business in its history in 1915. A
| billion and a half are big clearings,
representing business on a per cap
tia basis of over $1,000 per head for
every man, woman and child in the
| city, and has gone ahead Of big man
| ufacturing cities like Buffalo, and
runs a close second to Detroit. II
has shown bigger bank clearings than
| the middle west cities of Minneapolis
and Duluth, and has exceeded Los
/ Angeles, Seattle and other noted ship
ping centers. 1t is now side by side
with the ten biggest cities in North
America in amount of bank clearings.
But because the war helped Canada
| recover quickly from a natural eco
nomic depression it does not follow
| that. at the end of the war, the coun-
| try must suffer relapse, and straight
| way return to state of inactivity and
| hard times.
A Winnipeg paper, with we'll
known reputation for conservatism in
| economic matters says:
Canada's undeveloped fields should
prove mighty factor after the war in
adjusting the country's business from
one period to another. The staggering
| figures of this years crop, showing in
creases in production or So per cent
over last year, give a slight idea of the
future wealth stored in vast stretches
| of prairie plain yet untouched by the
plow. The Northwest Grain-Dealers' AS
| ISOLATION on September l estimated
that the wheat crop of the three Prairie
Provinces would amount to 50,S00,000
bushels. On November 10 that esti-
mate was increased to 307 100000
bushels. The Dominion government
on September Is estimated the West
ern wheat crop at 275,772,200 bushels.
but on October Is those figures were
changed to 3O4,20O, 900 bushels.
Monetary Returns for the Western
Crop.
And the amount of money which the
west is receiving for it's grain has not
yet been wholly appreciated. Up to
the 10th of December the Canadian