Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1916-02-09
WONDERFUL PROGRESS
IN CANADA
It Is Over the HlI-spIendid
Bank clearings, and the Crop
Returns Reveal Vast Posi-
biities for the Future.

attractive to American capital. Land
prices ia the west are low and wages
less tina on this side of the line. and
whatever the outcome Of the war, the
1utare "f the Dominion is assured as
one OF prosperity in the development
OF It's vast resources" Chicago Tribune.
A short time ago the Canadian gov
e'inlent asked for private subscrip-
II to a loan Of fifty million dollars.
Less than a month was given for COM
pietlon Of the subscription. On No
Vember goth, the day upon which sub
Scorpions were to cease, it was found
that ll0 million Of dollars had been
subscribed or SO million dollars more
IMAM 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 a billion and a half of dol
lars. Think OF it.. Then, in addition.
there were the bank c%learings of the
b cities throughout Western Can.
ada. Regina, Saskatoon and Moose
Jaw also show big increase in clear.
iags. The Winnipeg statistics show
that the city has done the biggest
financial, commercial and industrial
business in it's history in 1916. A
billion and a half arc big %clearings,
representing business III a PEI cap.
ita basis Of over ST. 900 per head for
every MAN. woman and child il the
city, and has gone ahead Of big man
ufacturing cities like Buffala. and
runs a Close second to Detroit. 1t
has shrwn bigger bank clearings than
theR middle west cities of Minneapolis
aud Duluth. and has exceeded Los
Angeles, Seattle and ether noted ship.
ping centers. 1t is now side by side
with tho ten biggest cities liz North
America ia amount of bank clearings.
But because the war helped Canada
recover quickly from a natural eco.
noDaic depression it does not follow
that, at the end of the war, the cuun.
try must suffer a relapse, and straight.
q 10l0AA ~ d oUhLS vi INACTIVITY dIlU
hard times.
A Winnipeg paper. with a we'll.
klaown reputation fer conservatism in
economic matters says:
Canada's undeveloped fields should
prove a mighty factor after the war i'm
adjusting the country's business from
enc period to another. The staggering
figures of this years crop. showing in
cas- in production CT SO per cent
over last year, give q slight idea Of the
future wealth stored III vast stretches
OF prairie plain yet untouched by the
plcw. The Northwest Graill-D Dealers As.
ISOLATION ia September 1 estimated
that the wheat crop of the three Prairie
Provinces wuuld amount IT, $50, SOC. 900
bushels. On November 10 that est.
mate was increased to 3O7, 23U. 600
bushels. The Dominion government
on September IL estimated the West.
ern wheat cror. at 275, 772,2OO bushels.
but On October Is those figures we're
changed tt, 3O4, 100000 bushels.
Monetary Returns for the Western
Crop.
ANA LNV dIs1CuNL Il money WHICH the
west is receiving for it's grain has MT
yet been wholly Appreciated. Up to
the 10th Of December the Canadian
west had received sor.e 17o .aillion
dollars for 132 znilliCn bushels If its
grain crop. of which 149 million bush.
els was wheat. The average price Of
No. ] Northern wheat fer September
was 93K cents; for October 9Sh
cents, and for the first three weeks Of
November $1.O3A. On the 1OtL OF
December there was fully 12O million
bushels If wheat to be marketed. This
would leave about 30 million bushels
for local consumption in the Prairie
Provinces.
Bradstreet says:
"ConfideAce 3ecEs to have returned
in Canada: grain crops are exception
ally large, prices pay the farmer. and
the war-orier lines provide work and
aid III circulating much money. Credit
is freely granted. and interior
merchants are Iispa sed t. buy rather
herally.'-Advertisenent.
Would % Her Part.
He--Of course you understand.
Betty. that uur engagement must be
kept secret?
She-Oh. yes, dear. III be sure ans,