The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1916-02-10
WONDERFUL PROGRESS
IN CANADA
IT Is Over the HilI-SpIendid
Bank %CIearings, and the Crop
Returns Reveal Vast Posi-
bi|ities for the Future.

.Es ttAtSS tSt GtIS ! NsIi Cs
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.
tons to a loan Of fifty million dollars.
Less than a month was given for com
pletion of the subscription. On No
vember Both, the day upon which sub
scriptions were to cease, it was found
that ITO million of dollars had been
subscribed or 60 millions dollars more
than the amount asked. If there were
any so pessimistic as to imagine that
Canada was passing through a period
OF hard times the wonderful showing
OF this subscription should put aside
all doubts of Canada's rapidly increas,
ing prosperity.
F& "a boAlh SiCtat lIS5- VI w Winnipeg "
1915 were a billion and a half of dol
lars. Think of it. Then, III 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.
1ngs. h Winnipeg statistics show
that the city has done the biggest
financial, commercial and industrial
business in it's history in 1915. A
billion and a half are big clearings.
representing business on a per cap
fta basis of over $1,000 per head for
every man, m and child in the
city, and has gone ahead of big man
ufacturing cities like Buffalo, and
runs a close second to Detroit. It
has shown bigger bank clearings thar
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
monte depression it does not follow
that, at the end of the war. the coun.
Try must suffer a relapse, and straight
way return to a state Of inactivity and
hard times.
A winnipeg paper, with a we'll.
known reputation for conservatism in
economic matters says:
Canada's u%ndeveloped fields should
prove a mighty factor after the war in
adjusting the country's business from
one period to another. The staggering
ngures Of this years crop, showing in
creases In production of 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.
sociation on September l estimated
That the wheat crop of the three Prairie
provinces would amount to 250,S0O.00o
On November 10 that esti-
mate was increased to 307, 23O 900
bushels. The Dominion government
On september IS estimated the West
ern wheat crop at 275, ITO, 200 bushels.
put on October is those figures were
changed to- 304, 200. 900 bushels.
Monetary Returns for the Western
Crop.
And the amount of money which the
west Is receiving for Its grain has not
yet been wholly appreciated. I'm to
the 10th of December the Canadian
west had received some ITO million
dotlars for 1872 million bushels of it's
grain crop, of which 149 million bush
els was wheat. The average price OF
40. ! Northern wheat for September
was s3N cents; for October s8k
cents. and Tor the first three weeks az
November S1.03A. On the 10Th q
december there was fully 100 million
bushels OF wheat to be marketed. This
would leave about 80 million bushels
tor local consumption in the Prairie
Provinces.
Bradstreet says
Confidence seems to have returned
~ Canada; grain crops are exception.
ally large, prices pay the farmer. and
the war-order lines provide work and
aid IN circulating much money. Credit
as more freely granted, and interior
are disposed to buy rather
q OBSERVATION-DISCLOSURES.
Specification Needed.
The Colonels-Look here. Berrvhnt.
ton! Are you the confounded sco,,n.
urel that broke into my ho,,sa No