The Tomahawk., 1916-01-20
WESTERN CANADA'S
GREAT HARVEST
Decidedly Encouraging From Ev'
cry Standpoint.

Canada, the most encouraging feature
of the year, from trade and financial
standpoint, has been the bountlfut
harvest of the Northwest, where
greatly increased area under cultlVa-
ton has given the highest average
yield in the history Of the country IL
is estimated that the grain crop OF
Manitoba Saskatchewan and Alberta
has a market value to the producers OF
approximately four hundred mllllon
dollars, in the use Of which we may
anticipate not only the liquidation OF
much Indebtedness, but the stimula'
tion of current trade.
The annual reports of the various
banks throughout Canada are now oe-
ing published. They SAVIOR or opt1'
mism all the way through, and, con-
trary to what might be generally ex.
pected in war times, business IS gooc
everywhere.
The General Manager of the Bank OF
Montreal at the recent annual nlee'
ing said THE position OF Canaoa 10
a highly favored one, with an assureo
future of growth, development anu
general prosperity"
In the same report it is said that the
Canadian West has recovered 10 d
marked extent from the economic d1s,
location of a year ago.
The season's wheat and other cerea'
crops ave exceeded all previous rec
ords in quantity and quality, anu oe
spite the enormous yield, prices have
been uncommonly we'll maintained.
It would be difficult to exaggerate
the importance of these results to the
Prairie Provinces-and the Dominion
1T large.
The prosperity Of those engaged IN
mixed farming and ranching is most
re~ouraging
The flour mills in Manitoba, Sas
katchewan and Alberta are busy and
Rrs doing well. Their combined daily
capacity is about $4,000 barrels.
The large advances Of the Dominion
Government to farmers in certain dis
tricts, principally in the form OF seed
were made very OPPORTUNITY and have
been amply justified by the very large
crop yield in those districts.
Business in many important lines is
good and should continue to improve
us returns from grain yet to be mar
keted are received.
The general business outlook has
been transformed by the large crop
The returns OF the gross earnings OF
Canadian railroads for November show
those of the Canadian Pacific In
creased $1,796,00O or IS per cent for
the last nine days of the month. Com,
pared with same month year ago, In
crease no less than 1921 900 or G7.6
per cent against a 45 per cent gain IN
October, and a decrease OF AZ per
cent in September.
H. v. Meredith, of the Bank of Mont
real, in a recent address delivered at
Montreal, declared that the most en-
couraging feature from trade and
finance standpoint had been the boun-
tiful harvest of the Northwest. where
the greatly increased area under cult
walton had given the highest average
IN history OIL luo I1C COIL
mated the grain crop Of the three
provinces at a value of over $400,000,
900, and said that such remarkable re-
suits would have the effect Of attract
ing the tide Of immigration to our
shores. when the world is again at
peace. The restoration Of favorable
balance in our foreign trade is fac.
tor of supreme Importance at the pres
ent time.
1t is the general opinion in the East
that the 1915 grain crop in the Prai
RE Provinces not only put the whole
Dominion in a sounder trade and flnan
cial standing, but that it will also re
suit in big increase in immigration
to the West of agricultural settlers.
who will include capitalized farmers
from Europe and the United States as
we'll as homesteaders.-Adve
Enforcement.
s''Peace on earth is my motto