Winnipeg Free Press

Winnipeg Free Press (Newspaper) - January 3, 1920, Winnipeg, Manitoba To third Section i 19 to 28 third Section 10 to 28 Winnipeg saturday january w at inning of 1920 the Outlook for Prairie provinces of Canada in Trade Commerce and finance Tali Oleate dealers in the City look Forward to a Good year in 1920. The Only Point in real doubt being the one of thai crop. Lev eur this does Welch in it did in rur Lucr times. The cultivated Prairie country now Over wide an Aroa that it u Alnio St impossible that a general f Jai Lurt can Oom. F prices Sofij Tryl to have had most exp Crl for of then in no evidence that a to in the Early fun they will continue High Lor f months in any Cise. And will probably be gradual. A s n of interest j l have Large of goods on Iii my. And the Banks a through Long term Money is now provided More than a million was paid out in 1919 by farm Loans association convention uhf a .3 the West Ivre energetic in 1919. And to Oil Iii number of offices and the o of business Havo a in l those institutions have m Faith in the Vost in Way la both these Alrec and the reports of earnings for t i year. is they have been . Indicate that this Faith Ras not misplaced. Life insurance the life have hid a or Marramo experience in v. A of the Lemand for poli . And this condition of affairs is to evidence of continuing or. 19-p. L i the of Tho Busl i ass their been nothing similar to movement for Protection and Tho underwriters Are High 1 in that Tho efforts of Long Yusra Are drink Iii such results. Bond houses in Winnipeg Liat in known As the Jim Niril Community hns been grow ing in extent Anil influence Ami will continue to do. Manitoba has by me in i i Fow years a Bond 1 in hit province Anil Tho Bond n Ber orning in increasingly Penn feature in Tho Community important corporations Are Row Duin business Here and local Are most ii Lively in i in Fitlin. It has been Wf-11 the High Grade mind la Tho Lii Friend that a Community has every person who has the Good i province it heart will extend Best wishes for the rapid de to Lap Cut of important Western optimism the optimism of the coun try is Mill Manifest in All parts of wcs.1. The present writer recently a few a s in a rapid trip of of business Condl in the chief Western cities and everywhere this spirit was to be found. In Hegina. Calgary. Kimou in Saskatoon and other growing Cut la there arc Bright Hopes for Tho future with the confident expectation this great country with Ltd vast of unoccupied land. Is yet to be Home of u very Large and prosperous population. Great Effort needed desirable to Point out. As men in All parts of the Are saying at Tho present time the great results which Aru for in connection tilth tie de of this country cannot be org Leycil without Effort and con Luoin labor. And the Price must he paid for the Bright i a tire is constant employment in loping the resources of the Rou try u Niy also be said Bluit special to duty will be needed in Hie Nett few years. During the or enormous expenditures made by the Federal govern f in. Ill it is probable that the in this regard will be fell in of business in Ioco. We a sent Ever to see said Macdonald. Veteran who c merchant of tills City to the four such Earr of Busl is is through which to to Ltd was Ensy to sail inc Pas four and especially in Tho last car Trio comparative Waseliy of of made at work of the Dalesman easy and Tik Dlf Fli ult not to dire order1 but to obtain the s apr Faleitu ill the m. Will continue1 to be the through a considerable of bin is Europe tic demand from fat soil of Ocean grows Tirc will a Giuliia return to ure b a conditions. All dealers must for this eventual condition. Several yearn ago the of this province decided to follow the loud of new zealand and some other countries and go into Tho Mort Gage business lending Money to far mers on Long and Cociu Niblo terms of repayment. The object of the local government in this matter represented to be to standardize Thi mortgage business and to Correct some Al Nihen. It was lit no time the Hope of Tho govern ment to is cure a monopoly of the business but to carry on a i Lily do la some or the countries of Kropo. Where very Laigo and successful pro vat mortgage operate the government inst Ltd tons. The Glrst oi1 the Loans under Tho John Bracken prot of a or of fluid husbandry in he new plan of the leg Slu Tiru . College in june. 1917. Aim since that time Tho la Ltd a in con Haa rather More rapid farm than was anticipated at the Mart. The proposal of Tho government was 11 to go slow and to proceed safely. At the close of 1917, the number of Loans 250. At the close of 191s this number had been increased to 773. And at the close of l j13 the or. Bracken will be one of the speakers it the plural credits convention Here on a 14 and 13. At he fort Garry hotel. Of country for Twenty years push Are shown in the following table k do 1-j05 1308 1s09 number of borrowers was 1.164. Loans outstanding in each year shown in the tul Louin table j at december 31. 1317. 619.417 at december 31. 191s. At december 31. The Money is loaned at six pen cent to borrowers. Each Borrower is however Reid ult Dlo take Stock in the association to the extent of Jive per cent of the loan to thut the ical Cost to the Borrower up to the present est Sii Ian in Ceneda Sis per cent. Even it that the Money under present conditions i very the of repay ,917 is is Lesja ment Are very Satla factory. . Uti rata must be raised. Mph month by month. Since this schema was launched Trio following Are the Bank Clear Overita have transpired to w Ulch Ings of the City of Winnipeg for the there is no parallel and Wylle there year 1919. By Moi Hal. Compared with is not the Illg licit probability that a the clearings for 1918 clearings 1919 300.og9.2til Inis la 1.002.220 1m.9g7.114 30d.53s.j22 pushing along a new movement Many new Rural tons. Were formed in this province in 1919 Manitoba government will radically change Iho pit sent scheme it is obvious that the entire question must in the Early future come under Gen eral review. Manitoba a now an invest uni As Well As u borrowing province und it is desirable from the Point of flow of its citizens that Money should be both cheap and dear. Money must to sufficiently dear that there will be an incentive for it i citizens to site. Und it must to cheap no that food Duckers can get capital on reasonable terms. The government and other loaning agencies arc the to by tween. And must Aid in a rate which is fair to All concerned. The Manitoba government firm cans association has made As rapid Progress us any private corporation could be expected to do. At the sure. Time it hns nude it i Loans quite us conservatively As any private corporation. That this is True is shown from the fact that there lire no arrears on the Brokk of the association from 191s. Und. The i rears from 1919 Are not Large. The members of the Board Havo apparently discharged Thi or duties with much Fidelity and have co Opo Antcil with the officers of the association harmoniously and of applications for leans come to Tho Olf co Overy Day and Thoie is u amount of business in Trio Manitoba la viral credits Loci Prospect for the future. The office i j organized bunco in the Ricott building1 was in i creased in Tho past year and there Between the will to further increases in Sucu und j of .0. Country Bank and the Remoto Alk ii in the Stait it tin business la i i Armor to beco Iuo a Lorrow continued with an ample Supply of i loanable duds or in the past year. At the close of the year 19is there were ten societies which in that year Hud arranged credits of at the close of the year 1919 there were thirty Al rail societies which had arranged Cri Illus in Bluit year exceed ing n million dollars. In addition to the loaning societies Thore Are now Twenty one other chartered Tho total no Robor fifty nine. The probability for 1p20 Sokenis to to that Tho number of loaning so Detles will to increased to about sixty and that the ii ugh will be in Crea cd to nearly two million dollars. In 1319 the Loans Scro used for this following purposes purchasing live Stock j172.532 form machinery Jolil in crop Loans. New breaking. Farm improve ments. Aundy purposes ss5 total the work of the societies and the of new continues to be under the super Lollon of George Trout member for at. Andrews Olio hns Given three years to this the member of the paid staff have been selected with much and they Havo rendered service which in greatly appreciated by the eminent. The held men in the service Iro e. A. Weir c. 11. Wifi Ord. R. H. Murray and j. K dlr Cut. During the year the prov let Rel Vic a so that coi ild to distributed. Or. Clift Ord was giver of Tho Houth Eastern Section and or. Murray of the South Western with i Don or. Sirett hns charge of a num Ber of in the West and West. And or. Weir charge of a strip of territory extending i Ron the Southeast to the North West. J. 10. Glentham was taken from the Standard 1-nnk during th.-, year and in charge of the office in the officers. The commissioner of the usso Oia Iii is Luchun -mc.xolll. And thu Secretary c. I. Fowler. The Mem Bers of the braid Aro j. S. Wood of Oakville. Representing the Manitoba Grain growers Yibao Catlon p. D. Mcdonald of Dauphin representing the Union of municipalities Ond f. C. Hamilton und Ciao rec Anderson of Winnipeg. The policy it securing deposits from the people has been continued through the year and it the present time about a Quarter of a million Lara of the of the Public is held by tha Asao Catlon a protected by the credit of the province and Tho Rheu of the Mort raises. A our per cent. Is paid for the i Poult Money Gnu flow per Uci it. For the Bonn. Bank clearings multiply fast figures increase fifty fold in this City in past Quarter of a Century. The Winnipeg Clearing House waa Oji ened Twenty live Yoars ago. Or More accurately. In the beginning of 1s94. In that year the or the City amounted to . By the year 1010 tills had increased forty de fold to j More and increased o to. An increase than fifty foil in 191 t. To s2.g2j. .2. The annual Bank clearings of the City since the Are set Forth in the follow table in Regina to City of sons Ketch Ronillo Tony ii Pearcy unvers this City has grown the of the people the pro who Uio unlit that fish Boring cities nil rat take tale Palm in a decisive Way. 10. Its dolls Wal Len All retards Itom Lse of continuing to cur Jedi a 1s9c iss3 open a thousand new Branch Banks unprecedented gain in facile tics by Canadian Advance in deposits. During Trio year thu Cani Dilim i Hurt red Banks Mado an entirely new recon in the Way of moist and cup Annlou. To Hafl growth or indicated by tit a eueral Ata Texmunt that in e very District of the Domin Ion Oliero wore three a tilth at the close of Thuro Scro four at Tho close of thnh la not let rally Truo with i fire no to Tho Dos re Hublou of Tho new institutions but it a i More than Trio with Rofu Rinei to Tho of Iho inc roast. A Thor Ciosci of i Jis the i it in the Odili Ilii. Biu iks and Tot Van the Clown of. 1919, it web reporte d that thin number had t Eti increased to , u Kuin of nearly to per nisus in Silt a or this Wuu. Extension of service this held Canada in now reduced to 18. In the past 12 month the Hank of of town disappeared being absorbed by the Okyay a second tendency on the part of Tho Banks it toward Mian Chig foreign Trade. The Union Hank ? formed an Alliance with the Park in Monrial Hank of new York Ami a of nod of Tolcea both in Europe Anil Aslou. The Rov ii hns opened officer i and Spain mud after locating numerous branches in the West has invaded Tho continent of h ont i . Several of the can Adian Hanks have greatly their connection in the United states enlarging their facilities especially in new York City. A third tendency toward efforts to popular of Bennu to improve the service. Many conventions and conferences in of been held nth this end in View. In Tho Ralty of Winnipeg Thore arc now 7c managers including u Tew Ati Sostant managers a Largo the names of officials with tin Junction of their respective of., flees Are As follows Canadian Unnik of main w. Rowley c. Gor Don manager. Alexander Hill. V Ulullie . H. Volmle. Kurt Fitzgerald. Kelvin if. Volmle. K. A. . Portage o. Hour tier. Solk Lri Mil my Tregor 1. A Dominion main l. I Atton u 1c. Be Alsto. Arlington r Jemmott. North h. Pate. Votre Tucker. Por Tsige u. A. S. Torii Bhend St. M. Purdion. Union Slock Yards St. N. . Hunk of main k. E. Kilvert. J Norwood h. Leuk. 1 at. A Comblo Portage v. J ii acc. Portage and a. . Home Sauk of main m. Wood. Ita Ikue main w. L. Morsel. Imperial Hank of main h. H. 1 learn. North Hoberly. I Poil nge and a. C. Koine. Westminster and Arlington Street .1. Rah him. I mor Chanth i junk of main k. Fri Cunn. a. Mckean. Corydon m. Sprig to. Keld Oilau 11. Gylnn. Morley l. A Roloy. Portage Avo Anil Gou Klong a j. Johnston. Mol sons Hauk Nln f. Kohl. Portage l. Morton. Band p. D. Mcgeehon. A Ort j. Kelly. h. Tennant. 13h main g. Fraser. Mcgregor and Selkirk ii Allan. H. L. Simpson. Hank of Nova main w. Hoss. To Linwood h. Ilo Warth. Main St. O. Wait Conold Aiice of greater Success. Mei chant report that in run i a i i j20 und that Ocie better t Linn Over the Chloel difficulty Cpl Ric iced in the i hit Nix months was that of obtaining stocks and prompt deliveries Meil chants me nut and Aruj pc paid to Huy in Inico at it dts Diuble stocks Aie Avail a Jyle. Prices Coll Niaud j took Victory Bonds i Calgary doubled its allotment of in. The Vic toy Louii mi3 j did not of jct the Bank 10 Tho extent thut might be expected. Deposits i Tai used constant for the last j three , and them Bab been a increase we Liln the last month. Hankers expect heavy do posits Ilu Rinir the ensuing your. Hank Lor the year total or nil Liuzi Asi of Over Trio total Tor 1u1k. Another Rand Catlon of stability it the ainu but of Cul pc cd la 1919. Collection1 inn de for Llic eleven total to about u dior cent., or four cent he Liei j than in 1918. A lax mule i Early in the a prong. Tho municipal Lii it railway ,-.How a on Opici Iliou of at i ant a Dell Cit of in 1uis. The Etc Tilc Lilit und pow i a Demaiti Zient will Ulso Tel now u Piollet for 1019. it j Liepart Nijiu showed i Deil Elt last year i Rutits Uio expected on nil civic utilities la will sell Donds calculated that the City will of for debentures to Trio a mount of during 1920. Which amount will lie resulted to of Liubinco the civic improvements. All the . However will Pru Babl not be of loved to out Lac investors a tin civic and i considering the pm of placing about s200.00u of j this loan with the people of the City. The idea of raising funds by internal or Tiloi Ehtle Loans is Cainin in Calgary. Thu last Minini placed by the City with Jor loan was in Bonn bearing per cunt., and sold at j1.01. Livestock in he Utill i alb tit a Are consider cd talk Al Thomli some Lanneth Dilia acuity la Ovi coming the canted by Short crops and the cold i weather of Early Duce Libei. Decout moderation in Wrath i. However huh created an improvement with Riga id to livestock. C Roj prospects Aro particularly a j courage Lair because of heavy Rno full Dir inc thu last tax weeks. Thucie is plenty of Molitore throughout the province and Only Light amount of moisture will be tit lured in the a plug to a Miro an Nhun Duisit crop. Conditions in the City of cd Moliton Are in nil pcs Perth unite similar to those in Calgary. All and Rommer Clyl Are excellent there. Outlook for the future Bright life insurance makes Progress live local group of Active sales men help great movement for human betterment. Wants new system Tail lift will by i memorable one in the non Alt of life Infix France in for some in Daycl Olmem took place in this Busi Ness in the past year. Policies were bold in much larger numbers and the amounts involved Scro also get fully St. O. Toyal Bank of main k. Put Laid. Kim dimming. Grain main and a. O or. Main and h. Any of. Portage w. Doherty. Portage and l. Put Crkon. Surgent will Lin and. E Thorst Clisson. Standard Hank of main s. Tumor. Portage a. Mcleod. Sterling rank of o. A. Harper. Bank of main a. Woods. Union Bank of Mirin h. A Laird a. P nac Mutli . Corydon and g. Duncan Ell co r. Tachell. O. H. Ilond. Main and a. Main and a. Allow son. Osborne and g. Dim can. Portage and j. Houlton a. A. Wilcot. Anst. 491 h. Int chill. Portage and ii. An Derson. Sargent r. . Selkirk and e. Ilae. Union Stock c. Dickson Avest kllclonau.--g4 a. 1903 Una 1903 19 to a 1313 9 .-.3 1913 t s li370.9k-0.saii 1013 Canada s clearings. It is of Home interest to note How Tho Bank clearings of Canada were affected by the War. Also How they have increased in that past decade. Canada has emerged financially in Tho past is Vears. And has become a inc _ _ h n a i n building. Thu tick it tepid All the in dual i Potinga of the Touet Les and an fit the time doing a ii Portiin work in the lion of directors and in the matter of the gun Tang of. Credits. Tho Yamo super Llalon of the sin business the is car Rod of an would Tho canc if these org Fin Heht Login v. Etc i ill branches of n provincial Bank. The convention. All the directors of the societies Ami others interested have Lieen in a Ltd Ostlie City on january is 14 and-15 to it Lewid a convention on Rural Fri dts. A or this event a most at Tractive programme has been pre pared and Many address cd of writer will be Given. The Rural credit societies of the province do not take deposits. The. Provincial government has taken the ground that this work was being done in n most satisfactory Way by the chartered bunks mortgage companies Trust Etc und that c i 1 cj4.3t7.llt4 2.011. 2.316.7lm.063 to Uio ugh a a l Onon h. Word pics. Etc in a of a Junco. The aggregate clearings was of desirable to and cafe this i Ihler porn to. Thu loan soul ethos. Get n Lino of credit it the Banks it six be. Cent. My make Loans at seven mar tin of one per cent. Keliik to cover the Cost of opera Tion in local societies. Tho move ment hns won very wide ppr Oval Ami support and it in Bol Leveil to to the intention of the Ideal Knorn tin it to push Tho work even More vigorously in the coming twelve months. Premier a orals has made. Tolpi into the of Unity to wet thu actual of the societies und expire sad himself As More than put nod at the. Result . E Tho work comes under Tiu department of the flon. Edward Utown. Who has Given it hug support from Iho All the meetings of the Rural convention will he open to the Public and n i Pochil invitation is extended to tie Bankers and Klmle Othorn up Delally into in Eccl in the development of Rural Manitoba. I this of Rural credit Nisan ii Miil i to the province in every Rei pet. It in a movement of Conse Fink nce to All the wholesale of who urn interested in Trade. Above nil third Kef it much to Lind reign of form ers in the province who Are in need of the tools of thur. Iii mistry. It prov Mea live Stock machinery. My nil cultivation. It riven a Ali anime for Moi e rapid de and pros Resh. Acne Tinb the individual and ultimately j the entire Community. List of societies. The complot ski of Tho Ehnry tired an Ari he. Albert , Arlen. Austin Nins Curth. Len Lei rail Helmont x. Cold Ril Cartwr Blit. Dauphin. I Rban x. Or Lysdale Karl son Elk Lairn Franklin i Vinny Stelle. Glen Elln Gilbert Plains a Orand View. In Nurtney Kelwood x. Law rence1. Langruth Lansdowne Laurier. Min tonns. Minto a Mossey River x. Mcgregor a Mccroary. Makaroff. Man lot. Narc sae North Pulpi Stone. Ochre Kivor. Plea tone 1 Ort re la Prairie Prairie Rose. Pemba in to Eltwood. Robler. Shell Mouth Silverwood St. Andrews apr Pup x. Swan River. Ste. Ropo do inc. Teulon Tenby Virden White head r. Wool Lea x. West elks Dale. Societies marked with an x Are not yet Lonning. In some cases the full list of members hns not yet been enl lord. In other cases the mull a lpns Bond hols not been voted. Won Success in the year 1919 Western cily makes report of Progress and advancement regards. X will beet 1920 the year nil Promise a the Prospect a Lor pros porou.1 business were he loin Moro Luin they Rue at present. , conditions during 1919 were uniformly Eail factory and Oliero Ihnn undercurrent of optimism and be Lief next twelve Nontha will of tilt Pisa Perley and Kii enl improvement in the City s Slind his. The year of 1d19 has Bun re Mark Sahlu in Many sch Ploc the fail ure of crops i Southern Alberta. C of be Luciia Viivi been litter Iha ii in Lor Timur. Years profits have Beun Letizi Rcd by All municipal , Bank Clear Ings and icpokltv1 have increased the ally while of Alluin number less than "0, and All of Iii Noi la times the amount of policy was . N 1910 in Wax proposed that Tahiti should to und that no i in rpt Khoum be mud in the fun to Hlll ill Lyles for an amount an in roue reasons May be Given for the treat Iii Reuhs in Tho volume of Busl a in the first Ulacco Tho War turned the Mlls of men Towi ird tills subject. In the a a Coral the visitation of the flu alarmed of men mid women. In to third place Money Wuh Lluc. Pluim Fulli Lold in to Folio la place to Micro Juis been an increasing Plire Clit on 011 tie part of tin Kun Fiji Jisc or the importance of life insurance. If a fifth Cruhm suggested it la found in the fact that the general Hull Nash of insure i inc has been improved through in the policies the spirit of t he companies and the eff Chenev of the changes in the future Public utilities did Well and the wholesale and retail Trade never better. Showed a in Vulval Iii Lar 131 j. So iowans u lit value of practically Over i Jis and More than Over i ennolls in Rhier 1313 Toti Iliad while the total for ims with the erection of several Lingo Imit is for 1p20. I Kohl costly building is expect Oil to he the pro p oud Post office i addition the Allen theatre is to by elected at a Cost of by . And plans Are Beni stud cd by the come plumb apr Chi Pauy for new Bill Tilvik to Cost about Calgary is not overbuilt and there is a growing demand for dwellings. Space and municipal building municipal undertakings arc also Finch Dulce for the coining year which win Call for an expenditure of nearly which amount was author lied by popular Vole in the municipal electro no. These improvements will include a Concrete Bridge Nodl Lonh to the go Neil Hospital a sewer no disposal plur it find extensions to Tho water system. Calgary has Success Dur in 1919 and will enter 1920 with a Moose Law. Feels satisfied with the accomplishments of the year for despite the Abni usual prices and conditions existing in All the City a Iii never been so prosperous Tho publicly owned utilities have done reasonably Well und the Outlook for expansion in the future is Bright. Of the three utilities thu water works the Power Plant and the j to tract railway. U can mid it least of tie i list two. Which Are publicly owned that the Jena hns Lieen souls 1 Mctory considering the High costs of Lubovi and 1-lul.s. The waterworks syst pm. Liusa gent rally shown a end in Canada will he in the neighbourhood of Ami May exceed ttys Large sum. The amount of insurance in Force at the of they i air will two Lillinn dollars and the total pre i Luiu paid will be up to one Huud Itji millions or tie year. These figures do not in u the Busl its written by Ali. I companies ont ride the tables Tho table printed below will Indi Cate How the life has increased to Canada 1b7s. In thit period Tho lift amount of in Kun ranch in in Canada has multiplied More than Twenty fold. At the some time it must born in mind that if the of life insurance la Canada was multiplied ten i of sit present the life of the Cana Dian people would to Iii Ierlan to fired. Thorn is still a great work to be done by tin Apo Alt ii of Leto in 3iiranci-. The Fri owing the growth in the net amount of insurance on 111 Canada -ilnci.-. I87a no an follows 1s7g .sfi.od9.204 s77 1h7s 1ss1 l8ji2 18s3 1sji 18s.ri 1ss7 isr8 1ss1 s32 1sp3 fil.7r.l.057 sc.273.7p2 103.2ao.032 133.is3.72i 14h.3g2.14 2ai.9ua.702 ifi.42i.r.67 27d.110.scj 2b5.s22.722 j. 0. Mettle Speaks of Chines in methods of fan cing Farmers. In the City of Slijk Atoori .1. O. He talc. One of the Best kno Tvr Bank ors of. Saskatchewan spoke to the free press of needed Imit of Cense j in with Tho development i of the or. Lluttie is naturally conservative but he perceives that a new Era in arriving and thit new methods must to adopted. After speak Liik of the necessity for intensive Effort in connection with the production of food stuffs in the Krent province in which he him or. Mettle to nid i have been in Gard in financial and commercial affairs All my Lite and 1 am satisfied that new methods must he adopted to i cure the of the Kiewat of this country. That a to say the capital and wealth of the nation must be employed in Trio Liest Way to Boltik tills development about. Mot obvious ref Louico of thu province to of a ii Cli Yukht to he at once and applied is Arr Cul Tiv. And the Melhouse we Lii arc in in in Fri incl Are altogether too primitive and inefficient for these Lime. We Hare a better method. I a Saskatchewan who Money coca to a mor Linsa 1 Tom print and a loan for to .1 ii Ali rate. To cannot i this Money for five it j Hish and he cannot a eerie ii i tilt Loibl Inotay at Ohleh Cost. J thin i Mem must lie air j . Ami capital must be hip it like in Iriti St join Sable volume for the development of our apri Cul. use Victory loan method i have already Publ Why Sustr then by in which Lii oink i to lie Ilone. A n Victory Lom in Iceni a i that tin same Pom motile which had done ii Jyh Ful in Money for he Federal in connection Vith Iho Ould by to by Rome Money for the development of our resource. The Victory the Ful inst Viivi. Whih Mac Dominion of Canada in a Civ the f was Nev r anything la it. Kukri Ted to Ilir Kox Fennii with the extent of Al out i in a Iner her of the Hoard Loun term to Farmers. 1 that Hie Federal to sup ply it once to Raih of the Oliree provinces at a reasonable of intercut for if the ration is to in Osper. The nation must provide Nuiry in and Milti Pinnt volume for the development of its own Rrt olives. And i am ii into to Liao the Kox frn mint on Oiler than . If Nom of our great roil orca Aro to be developed. Is no Why like Kovcin ment Fri would not Supply the Monc and Ili Zelop. in Edmonton 1895 1897 1s3s 18s9 Isom aifl.2fi7.r8l 327.s00.499 3h.012.277 .ffl8.o23.355 50s.312.3lr. 63tl.n3l.2to 1p18 1910 cat 7l3.51c.014 s56.1 13.059 1.108.190.027 1.422.179.cs2 1.7 83.00 1.27h wore of acted be of a Lii debenture in of the to lion Forth Victory loin of in j. It la not probable that will Bonny Lutc Sale in 1920 at Thi City is now within of its borrow lug an is Liu Ink to i adj Tibt the usic Brincat Shihi in ii Leilur a from in to but Uliuli Over 21 millions today. That us borrowing Power will be increased. Thu Only debentures contemplated at present arc newer and water Extension Bonds about . Taxes the City Hart Heui 1913 inn Allty to collect taxes Ami the total tax arrears to Liuto Are 1595.783.07, approximately year s Tux Levy. Galen Jiava been held every year Al acc 191c, and to Dato the City Hick Boen forced to in lands on which there has been a total of arrears. To take can of Mali year s unpaid taxes an additional taxes la levied. Arrears this year Are to lie much lower than it any to tar so nip the War. But the tax arrears remain Ono of Trio City s prob chm. The Hank cd Carlnon for the year to december 1 wore nearly equal to the for All 1918. Which were j6s.300.769. The customs receipt a for Tho 11 of 19t? Xor t547.9s5.03. Or Over morn than the for All of Icli. A Rulch rare sch 807.23. Additional buildings should erected during the Yea k1920. To Edmonton. T. M. Turnbull. Of the Canadian of Commerce who i i now one of Tho old Olmem of that City and a Man Aser that the Trado and1 cumin Errall condition of Tho City left Little to be Devil Rod. Len of up opinion that a scr Nln amount of Bull Lup must to on in 1920. The warehouse space of Tho City now insufficient fur my legitimate Buhl Ness which Vaa Onfri Iii and prove. Sion must be undo to of it this Edmonton in now beginning to the effect of the com Ortlon of d. And . The Central Canada and Tho Albi rat and great water. Way Rall Wayn. The truffle in Llapa i Iii been fairly heavy this fall and Large of Roods been deliver no into from them and larger of goods whipped out Over them the Malono along Tho Urich. It is a Tater thai of talc wore shipped into thit area this stir. Lor Montou popu pay rest ? could to put on n paying haunt if Wittl Clent Money Una supplied to do work on Thi Road bed. Ami Auppl a Little More t in1 computed that about or 000 would do Tholf. Tho totn.1 in cat ment in Tho lines la about t20.000.000. Some Worl done on the e. And r. C. This no minor nor. Bini nit in. The Imperial Oil company is carry uni on exploration work in the North and of. The peace. River companion Are opera tins. Thu company were about 20 barrels of Oil a from the for will and went further in Trio Hope of a Piet How by Dolny no they Lott Tho orc Inal flow. This company i is Row in in h third newspaper ;