Rensselaer Semi-Weekly Republican, Volume 19, Number 50, Rensselaer, Jasper County, 25 February 1898 — A GREAT TIDE.OF PROSPERITY. [ARTICLE]

A GREAT TIDE.OF PROSPERITY.

Canadian Doan Companies Getting Money on Mortgages, that Had Been Written Off. ' Probably iu the history of the continent there never was such a tide of prosperity enjoyed by any country as the Dominion of Canada is being favored with. That portion of Canada known as Western Canada is attracting thousands of people, who are seeking homes <jn the arable lands of that new but rapidly developing country. Possessed of exceptionally good railroad privileges, the best school system in the world, churches in every small settlement, while in the towns and cities all denominations are represented, and with markets in close proximity to the grain fields, most of the requirements for a comfortable existence are inet. The development that is now taking place in the mining districts gives an impulse to agriculture, and good prices, with good crops, bring about a state of affairs that the crowded districts of more populous centers are taking advantage of. The Associated Press dispatches a few days since had the following telegram: Toronto, Feb. 4.—(Special.)—Loan companies that made advances on Manitoba property years ago report that the returns from the West during the past three months have exceeded expectations. One company has taken from Manitoba over $20,000 interest and discharged mortgages, many of which had been written off a year ago. Directors of leading loan companies are taking a greater interest in business of their institutions, and are inquiring into many properties on which advances have been made. The climate in the Western provinces of Manitoba, Alberta, Assinlboia and Saskatchewan is excellent, there being no healthier anywhere. The Canadian Government is now offering special inducements for the encouragement of settlers, and they have their agents at work throughout the United States for the purpose of giving information and distributing literature. Among those going to Canada are many ex-Cana-dians, who have failed to make as good a living as they expected In the United States.