, 1918-01-17
TWO DOLLAR WHEAT
This Price viii Hold For Some
Years.

well advised commercial authority
,-,s II MS his opinion, n a slow,
soscnnt may be counted on in the
ez,ces for grain when the war ends
:. nav take several years to restore
.So worlds stock of foodstuffs to nor
moI-there Is good ground for conf
donce in the outlook for rapid devel-
opment in agriculture"
If this be correct, 1t follows that
.be profession of farming will mate
riaIIy increase It's ranks in the next
few years.
Today, the price of wheat is set by
tho United States government at 1920
nor bushel. and in Canada the price
has been set at 1921. This, of course,
ts loss freight and handling charges
which brings the average to the farm
ers at about $500 per bushel. This
nrirc will pay so long as land, mate
rial and labor can be secured at rea-
soppble prices. 1t remains for the
would-be producer to ascertain where
ne can secure these at prices that will
make the production of grain profit
ahlc. He will estimate what price he
can afford to pay for land that will give
him n Weld of wheat which when sold
MT 5000 per bushel, will return him a
fair profit. Local and social condi-
tions will also enter into the considera-
tIou, Finding what he wants he would
he wise to make his purchase now.
Land prices in same portions of the
country are low, certainly IS low as
they will ever be. City property and
town property will fluctuate, but farm
property will hold its own. The price
of grain is as low as it will be for
some years. Therefore 1T would be
well to look about, and find what a
be done.
There are doubtless many opportu-
mites in the United States, especially
in the Western States, to purchase
good agricultural lands, that will pro-
duce well, at reasonable prices. If the
would-be buyer has the time to inves-
tlEate. and that is needed, for these
lands do not exist in any considerable
area, he would be well repaid. Not
only will his land certainly increase in
value-the unearned increment would
be an asset-while under cultivation he
can find nothing that will give better
results. He will at the same time be
performing a patriotic act, a needful
act, one that would meet with the food
controllers plea to increase agricul-
tural production and assist in reducing
the deficit of 10 million bushels of
wheat reported by the controller.
In addition to the vacant lands in
the United States which should be
brought under cultivation, Western
Canada offers today the greatest area
of Just the land that is required, and
at low prices-prices that cannot last
long. Even now land prices are in
creasing, as their value is daily becom-
ing more apparent, and their location
desirable.
As to the intrinsic value of land
in Western Canada, hundreds of con-
crete cases could be cited, which go
to prove that al fifty and sixty dollars
per acre-iigures that have recently
been paid for improved farms-the
crops grown on them gave a profit of
from twenty to thirty per cent and
even higher, on such an investment.
One instance, is that of n young Eng
lishman, unaccustomed to farming be-
fore he took his seat on the sulky
pillow with which he does most of his
work, after allowing himself $1,000 for
his W wages last year, made a profit
of $1,000 on n 10000 investment. His
total sales amounted to $500 and his
expense, which included the $1,000
wages for himself, was $500. The
Interest was 11h per cent.
To the man who does not care to
buy or who has not the means to pur-
chase, but possesses wealth in his own
%hardihood, his muscle, and determine
uon, there are the thousands of free
homesteads of which he may have the
pick on paying an entry fee Of ten
dollars. These are high class lands
and adapted to all kinds of farming.
send to your nearest Canadian Gov
rnmen Agent for literature, descrip-
i've Of he splendid opportunities that
are still open in Western Canada. Adv.