The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1916-01-13
WESTERN CANADA'S
GREAT HARVEST
Decidedly Encouraging From Ev-
cry Standpoint.

Speaking Of conditions generally i
Canada, the most encouraging featur
OF the year, from a trade and financia
standpoint, has been the bountifu
harvest Of the Northwest, where
greatly increased area under cultiva
ton has given the highest average
yield in the history of the country. |
as estimated that the grain crop o
Manitoba, Saskatchewan and Alberta
has q market value to the producers o
approximately four hundred million
dollars, in the use of which we may
anticipate not only the liquidation o
much Indebtedness, but the stimula
ton of current trade.
The annual reports OF the various
banks throughout Canada are now be
Ing published. They SAVIOR of Opt
mism all the way through, and, con.
trary TO what might be generally ex.
pected in war times, business is good
everywhere.
The General Manager of the Bank of
Montreal at the recent annual meet
ing said: "The position of Canada is
a highly favored one, with an assured
future of growth, development and
general prosperity"
In the same report it is said that the
Canadian West has recovered 10 q
marked extent from the economic dis
location of a year ago"
The seasons wheat and other cereal
crops have exceeded all previous rec
Ords in quantity and quality, and, de-
spite tho enormous yield, prices have
been uncommonly well maintained.
IT would be difficult to exaggerate
the Importance of these results to the
Prairie Proyinces-and the Dominion
at large.
The prosperity of those engaged in
mixed farming and ranching is most
encouraging.
The flour mills in Manitoba, Sas.
katchewan and Alberta are busy and
are doing well. Their combined daily
capacity ia about $4,000 barrels.
h large advances of the Dominion
Government to farmers in certain dis
tricts, principally in the form of seed,
were made very opportunely 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
as 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 iii.
creased $1,796, 900 or rs 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 67.6
per cent against a 45 per cent gain in
October, and a decrease of AZ per
cent in September.
II. ". Meredith, Of the Bank of Mont
real, In a recent address delivered at
Montreal. declared that the most en-
couraging feature from a trade and
nance standpoint had been the boun-
hful harvest Of the Northwest, where
the greatly increased area under cult.
vation had given the highest average
IA history of the country. He esti-
mated the grain crop Of the three
provinces at q value Of ever 100000
0G0, and suid that such remarkable re-
suits would have the effect Of attract.
Ing tho tide Of immigration to our
shores, when the world is again at
peace. The restoration Of a favorable
balance I'm u foreign trade is a fac
tor Of supreme Importance ut the pres
mt time.
" is the general opinion In the East
that he 1915 grain crop IN the Prai.
RE Provinces not only put the whole
Dominion in a sounder trade and finan.
cial standing, but that it will also re.
suit III 9 big increase i'll Immigration
20 the West Of agricultural settlers,
who Will include capitalized farmers
from Europe and the United States as
svell as Observation-Disclosures