Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
PROSPERITY LINKS
us. AND CANADA
Capital Goes Across Border
and Much Merchandise Is
Exchanged.
BY j. G.. BOYLE.
Special Dispatch to The star.

NEW YORK, December 29.--The
Dominion Of Canada experienced in
1926 one of the best years ever known
and the people of the United States
have benefited in consequence. for the
commerce, industry and trade of Can
ada are strongly lined with this coun-
try, not only because over S275, 600, 900
Of American capital went into Ca.
madam enterprises In 1926, but be.
cause of the export and import Of Ca
madam and American goods across the
border.
Trade in Canada Is better today
than at any time in six years. Much
of this demand Is being supplied by
American producers. In the year
ended October 81. 1926. the total for
eign trade of the Dominion amounted
to 2,299 ,0O0, 900. a gain of 1929 900, 900
over the preceding IL months. I'm
ports from the United States were
500, 900 900 larger than for the cor
responding period of 1925, while inn
ports from Great Britain gained only
100000.
Increase in Immigration.
One feature Of the year was the
of the better class of settlers and
the return of expatriated Canadians
The Improvement for the first 10
months of the year was fully so per
cent. Settlers coming from United
States totaled more than 1000. The
trend was emphasized by an abun-
dance OF good farm land available at
reasonable prices. A large percentage
Of the newcomers have taken up land
In the prairie provinces Of Manitoba,
Saskatchewan and Alberta.
In the last 26 years the value Of the
crops Of those provinces alone has in
creased from $32 900 900 to more than
$700,000.000. Canadian manufactured
products in the last year have closely
appropriated $4,000 100000 in value.
The development Of water power in
the Dominion has been remarkable
in the last year, and the country now
Is second in per capita waterpower
with an investment in power plants
and transmission lines of more than
1854, 000,0 900. In financing future Cana.
dian expansion, the United States is
expected to play a large part, and
bankers anticipated in 1927 an even
larger investment there of American
dollars than in the past year. Some
four billion dollars in new wealth is
believed to have been added to Cana
dian resources in the last year from
the products Of forests, mines, farms,
factories and fisheries. AS yet only
81, 200, 900 acres out of 800 900 900 suit
able for cultivation are under crops.
Ontario and British Columbia were
the largest contributors to the min.
eral output, while fisheries on both
coasts added two score millions or
more. The Pacific whale catch for
the season which ends next February
is expected to exceed 800 mammals.
This is of extreme Importance not only
from the point of view of oil and bone
but Of fertilizer.
Wheat Crops Profitable.
The wheat crops of the Dominion
not only have been most profitable
this year, but have a far-reachins
effect on the American grain situa.
ton. The Alberta average yield was
10 bushels to the acre and the total
was lis, 225,000 bushels, the second
largest crop grown i'm the province
Saskatchewan grew. 225.QQ0 900 bush.
els and Manitoba. 4S.0Uo.o00 The
value Of the western Canada wheat
crop is placed, roughly, at S475 900 900,
a gain Of more than SAC, 900 900 az
compared with 1925, while returns
from all crops in the Dominion will
put more than a billion dollars of new
money in circulation in 1927.
Canada led the United States in
wheat exports by 10000, 900 bushels
in the first three quarters OF the
year. This reversed the 1925 position,
ana the exportable surplus now in
storage will mean heavy rate OF
export in 1927.
Canada spent 800, ooo,o 600 on good
roads in 1926 and completed more
than $500 miles of paved highway.
Ontario led the other provinces. The
country benefited in consequence from
the large increase in tourist traffic.
More than $500, 900 automobiles en-.
tered the Dominion from the United
States during the year.