The financial methods adopted by the Canadian Government to help
the Imperial Government in waging war are excellent, and deserve our hearty thanks. The War Loan has been increased to £20,000,000, and £10,000,000 has been set aside to Imperial credit for the purchase of munitions and supplies, The Toronto correspondent of the Times says that the total trade for November was £30,800,000, as against £25,200,000 iii the previous November. We are glad to know that Canada is on the road to a recovery from her depression. The credit system will of course bring more orders to Canada, and the Canadian Government have done well to advise farmers and manufacturers to buy Imperial Exchequer Bonds. The dividends of farming and industrial companies may be reduced temporarily, but their gain will be greater in the end.
Previous page
