A sur-tax was imposed upon Germany by way of retaliation for Canadian
products being placed on the maximum tariff of Germany.
To prevent the slaughtering of manufactured goods in the Canadian market
a law known as the Anti-Dumping Act was passed, which effectively
operates against such unfair trade warfare.
A Commission of Conservation was appointed, the object being to conserve
our natural resources and to disseminate full information in regard to
them.
Dominion Government securities were placed on the favoured trustee list
of Great Britain.
An Assay office was established at Vancouver which materially aided in
retaining our Yukon trade.
Substantial financial assistance was given towards the construction of a
Pacific cable, Canada bearing its full share of this expenditure.
Throughout the career of the Liberal Government the revenues were
buoyant, notwithstanding considerable decreased taxation and the
financial situation was always of the best.
* * * * *
In a word, the men at the helm knew their business and attended to it,
in a thoroughly workmanlike manner. Their successive acts of genuine,
constructive statesmanship along practical lines filled the people with
hope, and made them gird up their loins for supreme individual efforts
in industrial life. The wisdom of their legislation and administration
and its accompanying prosperity of the people attracted the attention of
the whole world, particularly the Mother Country, and started a flow of
much needed capital to develop our great natural resources, a flow which
went on unceasingly throughout the Liberal regime, increasing and
increasing all the time as our needs were made manifest. Canada was then
the favourite investment field of the Empire.
Under Sir Wilfrid Laurier a new Canada arose. The country found itself
and for the first time realized its immense possibilities. It was an era
of the full dinner pail, the first golden age in Canada’s history. Every
legitimate industry from the Atlantic to the Pacific, speaking
generally, prospered. Manufacturing institutions were enlarged and
enlarged again and again to meet the demands. The farmers shared in the
prosperity probably better than any others. The price of farm products
increased materially and the home and foreign markets were greatly
extended, the results being seen in the increase in farm land values and
a more rapid payment in full of farm mortgages than ever before. The
much deplored exodus under the Tory regime was practically stopped. The
young Canadian found Canada quite good enough for him.
* * * * *
Public-domain text, read in full here on John Shaqi.
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