WRITING FROM CANADA.

Stratford Evening Post, Volume XXXIV, Issue 56, 30 October 1912, Page 6

WRITING FROM CANADA.

A young chap jvrotc to me the other day from 'Canada (states a writer in the Mangaweka Settler). He was one of those young fellows who find New Zealand too small. One of a family, all farmers, ho got .a fair living, but nothing exceptional, so with a pound or two in his pocket he, started for Saskatchewan, Canada. After three years he writes me, and his letter is full of big things Canada seems to be a fine place for a young speculator with limited capital. Here is a few months’ speculation:— “Last year I bought a town lot in a small town called Estevan, in S:rsk., population 2200. I paid 325 dollars for it (Note: A dollar is 4s 2d), 100 dollars down and the balance due next month (October, 1912.) I sold it a few weeks ago for GSO dollars, making a clear profit of 300 dollars on 100 dollars invested not a year ago. . . . I bought recently 1175 dollars’ worth of town land from the Canadian Pacific Railway Company in Estevan. It is in the town now. I am going to cut it up into four lots and offer three of them at GOO dollars and corner one at 800 dollars. I paid 400dol. down on them, and will sell one lot before next payment is duo.” “I think I will do all right on my farm in Canada,” he says, “you get IGO acres for ten dollars—must live on it for six months in the year, and about fifty acres breaking up. In three years the 160 is your own. Cheap land! You can got 160 acres for 3 dollars per acre, payments extended over G yrs., 5 per cent. int. on money. I took both, so in six years will own 320 acres of land. I will most likely sell it then, if I live that long, and go to Australia or New Zealand to live.”