Fulton County tribune. (Wauseon, Ohio) 1883-1925, 1916-01-21
WESTERN CANADA's
GREAT HARVEST


Speaking OF conditions generally in
Canada. the most encouraging feature
Of the year. from trade and financial
standpoint. has been the bountiful
harvest OF the Northwest. where
greatly increased area under cultiva.
ton has given the highest average
yiold In the history of the country. It
Is estimated that the grain crop Of
Manitoba. Saskatchewan and Alberta
has a market value to the producers Of
approximately four hundred million
dollars. IN the use of which we may
anticipate not only the liquidation Of
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 opti-
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 saic: "The position OF Canada is
a highly favored one. with an assured
future OF growth. development and
general prosperity"
In the same report II is said that the
Canadian West has recovered to a
marked extent from the economic dis
location of year ago."
The seasons wheat and other cereal
crops have exceeded all previous rec
ords In quantity and quality. and. de
spite the enormous yield, prices have
been uncommonly well maintained.
II would be difficult to exaggerate
the importance Of these results to the
Prairie Provinces-and the Dominion
at large.
The prosperity OF those engaged ir
mixed farming and ranching is mos
encouraging.
The -four mills In Manitoba, Sas
katchewan and Alberta are busy ant
are doing we'll. Their combined daily
capacity is about $1,000 barrels.
The 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 larg'
crop yield a. those districts.
Business in many important lines II
good and should continue to improv,
as returns from grain yet to be mar
keted are received.
The general business outlook hal
been transformed by the large crop
The returns of the gross earnings o
Canadian railroads for November show
those OF the Canadian Pacific in
creased s1.796,OOO or 7s per cent TO
the last nine days Of the month. Com
pared with same month year ago. in
crease no less than 1921, 900 or 67.t
per cent against a As per cent gain II
October, and a decrease of Az pc
cent in September.
II. ". Meredith, of the Bank of Mont
real. In a recent address delivered a
Montreal declared that the most en-
couraging feature from a trade ant
finance standpoint had been the boun
tiful harvest of the Northwest, wher'
the greatly increased area under cult
walton had given the highest average
in history of the country. He esti
mated the grain crop of the thre'
provinces at value of over 100000
900. and said that such remarkable re
suits would have the effect of attract
ing the tide OF immigration to ou
shores, when the world is again a
peace. The restoration Of favorable
balance in our foreign trade is a fac
tor OF supreme Importance at the pres
ent time.
II Is the general opinion in the Eas
that the 1915 grain crop in the Prai
rife Provinces not only put the who'll
Dominion in a sounder trade and finar
cial standing. but that It will also re
suit In big increase In immigration
to the West of agricultural settlers
who will include capitalized farmer
from Europe and the United States a
well as homesteaders.-Adv