CANADIAN LAND BOOMS.

Dominion, Volume 1, Issue 269, 6 August 1908, Page 3

CANADIAN LAND BOOMS.

:/ - ONE :BORN- : EVERY 'MINUTE, ._ . 1 ; The 'great' iwave;-" of' /.immigration'" into Canada; and the States' is regarded with longing eyes /by /the owners; of''the'' labou'rstarved farms; of New ' Zealand. Some of these, are master farmers,; but many are of course workers. , Ther'e . is- an' "interesting paragraph on the subject in the May lium-.ber-.of,.'the '"-American Review of Reviews," which 1 shows', in a few /words, ■„ a - Very illu- . minating - light upon Canadian 1 ' ; settlement. "Why did ./the: 'Western: boom' collapse if Canada is still forging: ahead ?" it asks. And ; it. gives -the'". answer.; "There is. a land .boom :born'.' every ■' minute." Whenever ,so many'eager investors buy. city: lots—city lots,' mark you—seven. miles; from the, heart of a city, that has no existence except in the dot on the' map or in, a lone flat-car dumped on;-tho. prairie;'.whenever .so jmany. investers do', that; sort •of thing. blindly, they are apt to'give the investment a hard/name... But the . genuine; far.m, land is still there, and' the ;fprtility., is/ still -there, and. the ..bona fide settlers are; still flocking Westward, 250,000 a year/; . ' A million and a half, of European immigrants yearly cross the Atlantic. These go chiefly, into the United States,' and farmers in'the States in turn sell -their, lands to the new oomers and push over into Canada. The United: States , sends into Canada yearly almost 100,000 settlers,, not' including the speculative who are. legion. The settlers are' inoneyed 'men—Western - Americah 1 farmers, who have sold thoir lands.in-the States at from '50 dollars to 150.dollars an acre and carried the proceeds into Canada, wh'cro they qualify for a'; ; quarter-section homestead and. buy adjoining : sections ' to enlarge - the holding. Very few- of theso settlers cross the border with less than 1000 dollars each, and many of • them possess IpjOOO dollars.;' Sow closely this movement resembles - the migration of wealthy New'Zealanders' to Queensland! '--j- : ■ ■ ;