THE FARMER'S COTEMPOPARIES. "Jl 



" With an increased output and an advance in the prices 

 their business this year will probably reach the high fig- 

 ure of $15,000,000, a sum equal to the whole earnings of 

 the Grand Trunk Railway, a corporation of 40,000 share- 

 holders, and at least 50 per cent, more than the whole 

 earnings of the whole Canada Pacific Railway, to which 

 you (in Canada) have donated $100,000,000. All this 

 was the growth of a little more than twenty years. . . . 

 Think of the business of this one firm of American-Ca- 

 nadians nearly equalling the aggregate earnings of your 

 two great systems of railways, whose combined capital 

 reaches away up beyond $300,000,000." 



Going south, to the State of Pennsylvania, where the 

 greatest iron and coal industries of the Union are located, 

 the farmers are not making any headway toward increas- 

 ing their stores of wealth. At the same time the aggre- 

 gate wealth of this State is increasing with wonderful 

 rapidity. In i860 the whole wealth of Pennsylvania was 

 estimated at $1,416,510,818. Not a paltry amount by 

 any means, but small compared with the wealth of 1880 

 — $5,393,000,000 ; rising from a per capita valuation of 

 $487 in i860 to $1,259 in 1880. 



Here we find among other successful enterprises the 

 famed Edgar Thompson Works, of whose proprietor — 

 Mr. Andrew Carnegie, — Mr. Wiman at Dufferin Lake, 

 made this remark : " A little over twenty years ago, they 

 (Andrew Carnegie and brother) went into the iron busi- 

 ness. One of the two brothers recently died, and the 

 other, Andrew Carnegie, now employs more than 7,000 

 men, and his business will this year very nearly equal the 

 combined earnings of both your combined Grand Trunk 

 and Canadian Pacific Railway systems." 



Certainly " times " cannot bear hard on one who can 



