Evening star., 1926-08-16
CANADA'S ADVANCE
| HAS ENRICHED j. s.
America Helped Dominion in
Progress and Has Profited
Largely From It.
BY j. c. ROYLE.
Special DISPATCH TO The Star


NEW YORK, August 16.-Ottawa,
capital Of Canada. started today a
celebration of the Tooth anniversary of
its founding with a program specially
calculated to illustrate the progress of
Canada in the last century. America
might we'll celebrate with the Domin-
ion, for Canadian progress has meant
hundreds of millions of dollars to
American investors. In fact, the de-
velopment Of Canada has been almost
as much due to American dollars as
to English pounds.
A century ago the Dominion was a
pioneer country.
Land settlement in the West had
scarcely begun. The prairie provinces
which now produce 80 per cent of the
Canadian wheat crop were no more
than buffalo ranges. Today the
Dominion is one of the foremost agri-
cultural countries in the world. pro-
ducing over a billion and half dol
lars worth of marketable farm prod
ucts each year.
So,s95, 900, 900 Invested.
Financial interests in the United
States have S2,S25. 100000 invested in
Canada, according to the Dominion
bureau Of statictics. This means
that these investments have Increased
by 5000, ,O00, 900 since January !. 1925.
Canadian bond sales in the United
States in the last two years have
amounted to 1852, ,956.T53.
At the outbreak Of the World War
British capital invested in Canada
was estimated at $4,000 900, 900 while
American investments totaled only
500, 100000. Since then American in
vestments have increa sed 276 per cent
while British investments have re-
manned practically at a standstill.
The amount of American capital in
Canada is now greater than in any
foreign country except Cuba. Set
tlement of agricultural lands has
been an important factor in these in
vestments In the last II years
United States farmers taking up
homes in the Dominion brought with
them $16341O,55 OF the entire
United States investment. SO per cent
is in industrial and agricultural lines
and Al per cent in government bonds.
Harvest Hands Get Jobs.
Even the American harvest hands
have a big interest in Canadian pros
perity. since many Of them find profit.
able employment in the Canadian
fields each year. The race OF harvest
hands to the prairie provinces is on
now. with prospects of a big wheat
crop despite adverse conditions in
some districts. Crop experts Of the
Canadian Pacific predict yield better
than the 5-year average Of Hiss. 100
bushels.
Railroads are moving 55 900 men in
special trains. SASKATCHEWAN will need
35 900 workers: Manitoba. 5000. and
Alberta. - 900. Canadian farmers
hope to keep many of these workers
through the Winter because of farm
labor scarcity. Growth of the Ca
madam wheat trade and other COM
merce with the Orient today is push
ing Vancouver into rivalry with Los
Angeles, San Fra nciSCo. Portland and
Seattle. Wheat shipments from Van
couver to the Orient in the II months
ended April |, 1926. amounted to
l1.S4O, ,6G2 bushels valued at $l4.63S.-
2S4. Total trade out of Vancouver
for the Orient in the same period
amounted to $63.991 ,131. of which
Japan accounted for $40 0,49S,110 and
China for $23. .493021. Fifteen years
ago exports to China and Japan COM
bined totaled only $1,910,754.
Wool Exports to L. s.
Canada increased it's exports Of
WOOL 10 inc OTlleu SLdteS u! -'"oV'VoV
pounds last year and now practically
the entire Canadian clip comes to
this country. This trade is increas-
ing rapidly. owing to the encourage
ment by the government of Canadian
sheep production.
The boom in building in Canada,
which has direct effect on steel,
cement and building material lines in
the United States, has added nearly
81 0 900 900 a month to A value of new
construction so far this year. AS com
pared with the corresponding period
| of 1925. OF this new building resi-
dental construction accounted for
about 30 per cent. business structures
~ per cent and public works PAS