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Show LOOK. AT CANADA For the present generation of Americans, Ameri-cans, war is a new thing, but we have no reason to be afraid of it either in a military or business way. The best illustration il-lustration for us of business under war conditions is neither Great Britain nor France, as some observers would select, but our northern neighbor Canada. Let us see for our comfort and inspiration what Our Lady of the Snows has done. Up to date, Canada has put 400,000 volunteers under arms and ordered the conscription of 100,000 more, out of a population of 8,100,000. To appreciate this, it is necessary to point out that it is as if we had sent 7,000,000 to the colors. col-ors. Her war loans aggregate $1,196,-000,000. $1,196,-000,000. - On the surface, one might think the result meant enforced parsimony and a reduction of industry and commerce. But the opposite effect took place. Everybody has plenty of work and not only in munition plants. Such conclusion con-clusion would be foolish and false. Highways and harbors have been built. Farming has developed to a marvelous extent. An electrical plant has been constructed at a cost of $10,000,000. These few instances give an inkling of Canada's stimulated enterprise a stimulation to healthy growth and well-being. well-being. Most convincing are the official figures fig-ures given out by the government. Thus: Bank clearings for 1914 were $8,073,000,000, as against $11,470,000,-000 $11,470,000,-000 for 1917; bank savings on deposit with chartered banks were $659,806,000 for 1914, and for 1917 were $985,790, 000 ; the value of the crops in 1914 was $635,580,000, while for 1917 it had mounted to $1,089,000,000 not far from doubled. Canada has learned the inestimable lesson that saving and spending are not incompatible when wisdom and high purpose actuate a nation. And we have every reason to expect that her experience will be our own. Popular Magazine. |