The Archive · 1927

American Capital Welcomed The Empire

lurgieal Congress Canada at the present time and, at one of the principal meetings, while the members of the congress were in Montreal, Sir Robert Home ma'

notable speech in which his main point was that Canada need not fear that, as long as we in Canada possess in our hearts the patriotism of our original country, there is no disadvantage in the incoming of Am= erican capital. The advantage, a6 a matter of fact, is all on the side Canada.

On the following day, the Cone gress met in Ottawa and the mem= bers were welcomed by Lord Wille fngdon. In his address, the Gov-

Jernor-General referred to the re= marks of Sir Robery Home about the influx of American capital, He said that, rather than fear their assistance, we should be grateful for the help that they have given us. He added, however, that, grateful for the financial American cousins, Canada should make every effort to seek capital thin the Empire, and, he said that, in reality, Canada prefers British capital. Canadians have no doubt. that the visit of Mr. Baldwin, and lof the British journalists now in Canada, and of numerous other public men and groups will do much -|to bring o Canada the help in men and money that we need for our further development.

Text read from the printed page and cleaned; old type leaves the occasional error.

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