Agriculture -- Prairie Provinces; Northwest, Canadian -- Economic conditions
"The railway companies have carried out the grain from the
Western Provinces this year in a very satisfactory manner."
Mr. John Galt, president of the Union Bank of Canada:
"Speaking generally, the crop results have been satisfactory.
In the three great wheat growing provinces this has been a
banner year. Not only has the yield been large, but the
average quality has never been equalled, and the cost of
harvesting has been unusually low, owing to the magnificent
weather. This has, to some extent, offset the low prices
which prevailed. The railways have done splendid work in
handling the crop.
"There is a marked increase in the number of livestock.
Farmers are becoming more fully alive to the advantages they
derive from this source and are realizing that their
borrowing credit is greatly enhanced if they can show a good
proportion of cattle in their assets, and banks should look
with favour on loans for the purchase and handling of
livestock."
Robert Campbell, general manager of the Northern Crown Bank, gives
strong testimony of the wealth of Western Canada:
"It is important at a time like the present for every
business concern, financial or otherwise, to show by its
statement that collections have been good. We may
congratulate ourselves upon the showing we have made in this.
Notwithstanding that we have made new loans amounting to
millions of dollars since the crop was harvested, our old
loans have been paid off so rapidly that our liquid assets
were not reduced.
"This state of affairs is attributable to the fine weather we
have experienced in the West, which enabled the farmers to
harvest their grain early and quickly and to the unusual
rapidity with which the crop was moved by the railway
companies."
[Illustration: Corn is not generally grown in Western Canada, but this
320 acres shows a splendid yield, and considerable is now grown for
fodder.]
PROVINCIAL PREMIERS ARE OPTIMISTIC
=Manitoba is Stronger.=--Sir Rodmond Roblin has no pessimism
regarding the outlook in Manitoba. He says: "The improvements
upon farm and field excite the admiration of those interested
in agriculture, while our population has been very
considerably increased by a healthy, intelligent, and
industrious class of new-comers. Manitoba, is much stronger
financially, numerically, commercially, industrially and
educationally than she was in the year 1912. Her progress and
development are rapid, healthy, and permanent."
Public-domain text, read in full here on John Shaqi.
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