Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-06-17
INVESTING
. HEAVILY IN CANADA
Mother Country Has Power.
full Hold on Dominion
Financially.
BY JOHN r. SINCLAIR.

Special Dispatch to The Star.
NEW YORK, June 17.-R. H. Coates
efficient statistician of the Dominion
bureau Of statistics, says that Canadi-
ans own SIS per cent to IS per cent of
the securities of all enterprises on
Canadian soil.
The total of British foreign invest
ments in Canada has now reached
SIS, TAP 100000. OF this. $2.209 900 600
Is credited to British investors. But
the United States investment IN Canada
exceeds the British figure by more than
ST. 600 600, 900.
Turn the cart around Canadian in
Vestments in the United States are
about equal to one-quarter of the Amer
lean investments in Canada. A most
excellent showing. The total is $874,-
600. 900.
1t is we'll to point out at this time.
when there Is considerable talk of
American domination, revived largely
by the proposed higher American tariff
schedules, that Canadian and British
capital together own from rs per cent
to 30 per cent of Canadian investments.
Trade with the United States continues
to grow in a very important way, but
the mother country's hold on Canada
is a powerful one, financially and
socially.
The three dimension film has arrived
1t gives some indication OF what Is
ahead for the motion picture
Upon the first showing of this new
film there flashes on the screen MANI
moth motion picture with three dlmen-
siQns-length, breadth and depth-as
well as sound
One of the first films of this kind to
be shown was Niagara Falls, reproduc-
ing the green and white depths of the
rushing water, the DUPLICATING mist, all
natural and realistic.
The great spectacles of the world
both in nature and otherwise, showing
the grandeur of form, can now be pro-
iected on mammoth screens rs feet long
even larger.
The stereoscopic effect is obtained in
novel manner. The camera has a
double lens. It has the effect of looking
at a scene with two eyes instead of one,
AS used generally today with the single
lens.
The result is astonishing A scene
showing an object five miles away ap-
pears to make the screen itself five miles
deep.
Motion picture men realize the i'm
portance of this new step, but with Ii
coming right after the revolution from
silence to sound they are finding 1t
procession.
Prof. Engel, German economist, says
the percentage of family income spent
for housing is virtually unchanging re-
CARELESS of size of income. That is, the
more a family earns, the more it spends
on housing.
The Bureau of Labor Statistics of the
United States Department of Labor
made survey of sos families of en-
ployes of the Federal Government. The
survey revealed that families having an
income not more than S2,500. in Boston,
New York, Baltimore, Chicago and New
Orleans, spent an average of 1913 per
cent for housing. 1t was determined
that a family having an income of
S2,228 was warranted in purchasing a
$4,000 home the cost spread over 20
payments, which was just as easy as
paying rent. A 2,000-a-year-i income
warrants the purchase of $4,000 home
an income of $500, $4,000 home, and
an income of $4,000, an $4,000 home.
In the larger cities the majority of
families live in rented houses and
apartments. The survey revealed that
not quite one-f1fth of the total income
went into housing-rent or its equiv
alent.
Sidney Webb, brilliant labor philoso-