"The condition I have touched on is due to lack of three things,--experience, money and imagination, and in such isolated points as this there is little opportunity to acquire any of the three. There is in the rapids unlimited power. It must be developed, and developed on this side of the river. The age of electricity has come. But let us ask ourselves what is the use of power unless there is some practical purpose to which to put it. There is but one answer. Large works--enormous works must be established at the rapids; works that will utilize all the power that is developed, and draw their raw material from the surrounding country. I have an idea that you may consider the district to the north and west a wilderness, but, gentlemen, you are mistaken. I firmly believe it to be a veritable reservoir of wealth." Here Clark stopped, glanced thoughtfully at Filmer, and poured out a glass of water, while the entire audience took an imaginary journey into the bush to the north in an attempt to discover the reservoir of wealth. This resulted in numerous quiet smiles, each of which died out with a look at the intense earnestness on the speaker's face. There was a certain amount of fur, it was admitted, but the trapping was falling off. There were scattered patches of spruce for pulp wood, but so far as most of them knew the land was poor and rocky and there had been no discovery of valuable mineral. However, silently concluded Clark's hearers, the man might know, and probably did know a good deal more than he said, and just as this opinion was gaining ground, the speaker struck an inspiring note and came to his point. "Now for my proposal. I believe in the future of this country, in its latent wealth and its possibilities, and I am prepared to take on the town's uncompleted enterprise and assume its one hundred and thirty thousand dollars of liability. Gentlemen, what I have in mind goes further than any of you have ever imagined, and it needs more millions than you have conceived. Millions will be forthcoming. In the financial markets of the world, capital must be assured of certain fundamentals. These fundamentals established, there is no difficulty whatever in securing as much money as may be required. That is my experience, and if you accept my proposition St. Marys will, within a year, begin to feel the influx of money which is seeking investment. Within that year you will hardly be able to recognize your town. Your property, your houses, your farm products will greatly increase in value, and local trade will experience a remarkable impetus. If you ask what are these basic industries which will mean so much, I need only point out that I am assured of an ample supply of pulp wood for very large mills which I propose to erect, and there is, without doubt, iron ore in these hills of yours. This is only a part of my plan."