The Lakeland evening telegram., 1917-08-02

|n,r;nq the year 1916 Canadians
dad more than two hundred mil
ms of dollars to their bank deposits.
. per capita average in savings
nks was increased during this pc
from SIS to $92.25 Our export
de during the year ending Septem-
1916, reached the grand total .
cne billion and fifty-two millions of
hars. Canada's total trade for the
ne period showed gain of about
ner cent-mark that-within 10
cent of doubling the total trade
the previous twelve months.
he estimated value of the agricul-
hi production of Canada's Western
yinces, during 1916, reached to-
of more than two hundred and
rty.one millins of dollars. This
lat wealth was created by rural
bulation of only slightly more than
ZEE quarters of million people.
these figures indicate wonderful
bsperity in Canada. They tell a
Try of prosperity in nation at war
1t is almost unbelievable to the out
e world. Residents of the United
ktes who come into Canada express
azement at the signs of prosperity
be found on every hand. The
bwds to be seen at the theaters and
ices of amusement and indulgence
practically every large city indi--
te that our people have plenty of
|ney to spend. The manner IN
ich the war loans have been over
bscribed may be taken as another
ication of the flood of war prosper
in Canada today.
Accepting the possibility that the
r will continue for another year OF
re, it is time we were evolving
he plan to care for these after-wal
Editions. But to plan is moi
bugh. We must act. That Canada
Ees serious situation in this ap
baching post-bellum period is pre-
(ted in the history of the Civil Wal
the. United States, where condi
ms in the Northern States were
ite similar in many respects t.
bse which now prevail in Canada.
From 1862 on to the close of tn
r, the Northern States showed
bsperity on every hand. The raid
parties from the confederate al
breaking through into Pennsy
hia carried back to the half-starve
hth stories that Northern indus
es were going ahead as if the nt
p was running up on a well organ
q peace schedule, instead of bein
tagged in a momentous civil wa
Chicago Tribune near the clos
the war, said: Commerce, bus
s, manufacturers and labor are e
ahead as in profound peac
with more impetus and whirlln
witty than peace every knew" tn
York Economist, however, poin
put that much oft he apparel
lperity was fictitious. 1t declare
the laboring people were su1e
because of war conditions, b
Pc wages had increased only abo'
per cent while the cost of liviI
more than doubled. Prof. K
P. Falkner. recognized stat
y authority of that day, presents
- important conclusions after
eeful study of civil war condition
ring the war period athe advan
Nages was not commensurate wi
advance in prices" The late N
w. Aldrich, the great economi
ne United States Senate review
3 apparent prosperity during a
the civil war in the followin
ney wages respond with unm
pie slowness to the initiating
Ace of the civil war. In 49,
wnn prices stood at PIT as compar
wl4 100 in 1860, wages had OF
toQched 143."
Labor Shortage.
We find also that the demand
iAbor was the greatest in the histc
of the United States, up to that
riod- The extensive recruiting fr,
the farms and farming districts, a
the extraordinary demands of
munition plants. brought a shorts
OF lAbor everywhere. During the L
two years of the civil war many
tue farms in the Central West'
states demained idle because it v
fmpossible to secure help. From Il
% 1866 immigration from Europe