We may jump a few years spent bridge-building in the States, and so come to the time, fifty-eight years ago, when J. R. Booth, a carpenter without capital, stood on the banks of the River Ottawa, bending an appreciative eye on the Chaudière Falls. There they were, rushing and roaring—a mighty volume of sustained force running to waste. J. R. Booth decided that they were what he was looking for. Lower rungs of the ladder were quickly mounted—from factory hand to foreman, from foreman to tenant of a mill, from tenant to owner. A bank was willing to back such a man; and at a public auction J. R. Booth bought, for £9,000, a large territory endowed with timber wealth which—as he had taken the precaution to ascertain—was almost incalculable. Local lumbermen regarded the transaction as hopelessly vast and audacious. But with J. R. Booth it was just a beginning. From having water-wheels on the brain, he now had them on the Ottawa, where they propelled powerful machinery that hauled and sliced his logs. The reader will not, of course, confound this time-honoured water-power, as used at the place of its occurrence, with modern “white coal,” which is water-power in a fluid, invisible form that lends itself to distribution. J. R. Booth had not introduced a new method. He merely introduced an old method into a new place. By the one plan you must bring your factory to the waterfall; by the other plan you send the waterfall, along a metal cable, to the factory. If the Chaudière cataract illustrates the latent resources of Canada, J. R. Booth illustrates the qualities that go to make good Canadians—those men with daring imaginations, industrious brains and educated hands. But he is not the type—he is a supreme example. It is as though Nature had prepared a store of business capacity sufficient for a townful of merchants, and then, on second thoughts, had bestowed it all on one man.