PRODUCE MORE-SAVE MORE 



SIR THOMAS WHITE 



It is true that war is the first business of Canada, until success crowns our cause. 

 But it is nevertheless true that modern war is made by resources; by money; by de- 

 veloped natural resources; by products; by foodstuffs; as well as by men and by muni- 

 tions. And while war is our first business, it is the imperative duty, I repeat, of every 

 man in Canada to produce all that he can, to work doubly hard while our soldiers are 

 in the trenches, in order that the resources of the country may not only be conserved 

 but increased for the great struggle that lies before us. 



The people of Canada can preserve their credit and keep the nation strong for 

 the war by increasing production and exercising a reasonable economy. 



"Work harder, save more," is a good motto for war time. 



I do not know any other way for Canada to become a lending country than to 

 save more money, produce more and save more; I do not know any way whereby an 

 individual can save money and have it for investment, except by the old fashioned 

 mode of living within his income and saving his profits to the extent that he can. I 

 do not believe there is any magic method. If there is one put forward, prima facie, 

 I disbelieve in it. The way for Canada to become a lending country is for Canada to 

 produce all she can and to save what she can, and by production and saving Canada 

 has been enabled to meet the vicissitudes of the past year as none of us ever expected 

 she would be able to meet them, and by production and saving Canada will in time 

 become a lending nation and be able to find the money for her own works and be able 

 probably to do something more in the way of buying international securities. 



TRADE OF CANADA 



Twelve Months Ending January 1914, 1915 and 1916 



1914 1915 1916 

 Imports of Merchandise for consump- 

 tion $647,233,510 $470,698,226 $470,418,282 



Exports of Canadian Produce — 

 (Merchandise) 



Mine $59,100,714 $53,084,863 $62,960,628 



Fisheries 20,988,841 18,661,560 22,407,687 



Forest 42,707,781 41,523,344 51,211,820 



Animal produce 52,361,474 70,727,132 99,056,115 



Agricultural produce 211,322,370 126,262,825 237,964,468 



Manufactures 55,473,978 71,870,071 190,997,981 



Miscellaneous 111,122 542,920 4,666,732 



$442,066,280 $382,672,715 $669,265,431 



Note: — Not including imports and exports of coin and bullion, nor exports of 

 foreign produce. 



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