ment have always been greater to the Republic in the 

 proximity of that country to Canada and the easy facilities 

 of visit, estimate and supervision, it is only of recent years 

 that that country has come to be a formidable rival of 

 England in the amount of money put into the country and 

 to outdistance it in industrial establishment. 



Previous to the outbreak of the war the capital invested 

 in Canadian enterprise of every description was over- 

 whelmingly British. In 1920 American investment in 

 Canada was variously estimated at from 1,250,000,000 

 of dollars to 1.600,000,000 and British capital about 

 double. In the middle of 1922, however, according to a 

 pronouncement in the Legislature, England had invested 

 in the Dominion two and a half billions of dollars and the 

 United States nearly two billions. There are now more 

 than eight hundred United States branch factories in 

 Canada whilst England has but a few. 



Britain's resumption of trade and the possibility of 

 sterling journeying back to a position nearer par will have 

 a great effect in adjusting the situation and re-establishing 

 faith in the Dominion. For the rest, more British capital- 

 ists and investors should visit the Dominion and form their 

 own opinions of the state of Dominion development and 

 the promise of the future. This is the surest method of 

 both countries securing the greatest amount of satisfaction. 



Such visits, on the part of individuals or organized 

 parties, have been fraught with the greatest mutual benefit 

 in the past, and the utter surprise and astonishment 

 frankly disclosed at all encountered testify to the meagre 

 knowledge extant on Canadian achievement. After a most 

 successful trip across Canada of the British parliamentary 

 party as guests of the Montreal Board of Trade, Holman 

 Gregory, K.C., M.P., speaking in the Canadian metropolis, 

 said: "Our general feeling is that we were absolutely 

 astounded with the progress and rapid growth we from 

 the mother country witnessed, with a new empire grown 

 since the start of the Canadian Pacific Railway in 1881 

 and an incredible creation of wealth in both city and 

 country." 



Wheat and Flour Exports 



Exports of wheat and flour from Canada to 

 the United States, the United Kingdom and 

 other countries in the year ending August 31, 

 1922, amounted to 194,003,407 bushels, valued 

 at $246,803,372, compared with 167,163,305 

 bushels, with a value of $363,145,288, in the 

 corresponding period of 1920-21, according to a 

 statement issued by the External Trade Divi- 

 sion of the Bureau of Statistics. Of this, wheat 

 exports in the 1921-22 season totalled 158,549,- 

 757 bushels, value $196,168,771, as against 

 136,173,785 bushels, value $293,865,419, in the 

 preceding period. Flour shipments in the year 

 ending August 31, 1922, totalled 7,878,589 

 bushels, value $50,634,601, compared with 

 6,886,560 bushels, value $69,279,869, in the 

 preceding twelve months. While exports of 

 wheat and flour were greater in quantity in the 

 1921-22 season than in the preceding period, the 

 value shows a considerable drop, due to the 

 slump in price which occurred last spring. 



The most notable features of the report are 

 the remarkable decrease and increase in exports 

 of wheat to the United States and the United 

 Kingdom respectively, caused mainly by the 

 Fordney tariff put into force this year by the 

 United States Government. In the year ending 

 August 31, 1921, wheat shipments to the 

 United States totalled 49,213,551 bushels, value 



$103,468,829, compared with exports of 15,968,- 

 169 bushels, value $19,127,407, in the following 

 twelve-month period. Shipments to the United 

 Kindgom in the year ending August 31, 1922, 

 totalled 112,294,680 bushels, value $139,346,678, 

 which is a considerable increase over the cor- 

 responding period in 1920-21, when exports 

 totalled 34,754,356 bushels, with a value of 

 $72,628,833. Of the total exports to the United 

 Kingdom, 83,015,124 bushels were shipped via 

 the United States and 29,279,556 bushels via 

 Canadian ports. Shipments to other countries 

 decreased from 52,205,878 bushels, value $117,- 

 767,757, in 1920-21 to 30,286,908 bushels, with a 

 value of $37,694,687, in the following twelve 

 months. 



Wheat Flour Shipments 



Wheat flour shipments to all countries, with 

 the exception of the United States, showed an 

 increase in quantity as compared with the 

 preceding year, but all show a decrease in value 

 of exports. The United States imported in the 

 twelve months ending August 31, 1922, 679,299 

 barrels of flour, value $4,308,888, as compared 

 with 1,257,139 barrels of flour, with a value of 

 $12,271,861, in the previous year. The United 

 Kingdom received 4,587,429 barrels oi flour in 

 1921-22, against 3,625,425 barrels of flour in the 

 preceding twelve months, with values of $28,- 

 865,473 and $34,732,800 respectively. A total 

 of 2,611,861 barrels of flour were shipped to 

 other countries in fiscal year ending August 31, 

 1922, with a value of $17,460,240, compared 

 with 2,003,996 barrels, value $22,275,208, in 

 the corresponding period a year ago. 



With a wheat crop that is as large as that of 

 the bumper year of 1915, if not greater, and with 

 a decrease in wheat production in European 

 countries, demand for this commodity in the 

 coming months should be particularly active. 

 Lately there have been numerous large shipments 

 of flour to foreign countries, especially the United 

 Kingdom, China, Japan and the West Indies. 

 The flour mills in Western Canada are working 

 to capacity in an endeavor to catch up with 

 their Oriental orders, and there is an insistent 

 demand from England for Canadian flour. 

 Shipments from the Port of Montreal, both 

 flour and wheat, during September and October 

 have been unusually heavy and are indicative of 

 an excellent season in 1922-23 for the export of 

 Canadian wheat and flour. 



Canadian Apples Lead 



The Imperial Fruit Show recently held at the Crystal 

 Palace, London, England, in which the Motherland and 

 all Dominions came into active competition, resulted in 

 another victory for the Canadian apple and served to show 

 once more the superiority of the Canadian-grown fruit. 

 Every section of the Dominion was successful in securing 

 enviable awards, and the prize-winning apples comprised 

 many varieties illustrating Canada's ability to grow this 



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