21 AUGUST 1926, Page 28

CANADIAN PROGRESS. - • While yielding to no part Of

the itingdom in devotion to the -Empire- and to _the development of-our Cryersea_PopirliPns.

City, as is, perhaps, natural, demands that even the financing of the Empire shall be on sound business lines. Conseq uently, if at any tune any portion of our Dominions should seem to be over-borrowing in this country, financial circles are not silent in the matter of criticism. This charge, however, most certainly cannot be brought against either the Canadian Government or Canadian industries at the present time, and there is a feeling of intense satisfaction in the City not only that Canada should be prospering as she undoubtedly is prospering at the present time, but that present facts and future possi- bilities are being recognized a little more clearly in this country than was the case a year or two back. The United States has been recognizing it very clearly ever since the War, and its financial stake in Canada has increased enormously.