The Archive · 1926

Widespread Prosperity

With the coming of "the cold' weather most people are returning, to the city from their country homes. The social season is opening gaily parties of all kinds: for the debutantes of this year, There is a very evident tone of optimism everywhere, principally due to the harvesting of another abundant crop in the West and the decisive result of the recent elec ttioiis. People are spending money: freely and expensive luxury more and more in evidence. Montrealers already own many fine automobiles but each day sees new and the British Empire. This company, as is well known, has a business in China.' The business of the company is at the present time increasing so rapidly that it doubles itself every five years, and a plan is now under consideration to extend the offices in Montreal to cover Jalmost a whole block of uptown property. When complete it will be the largest office building in Canada, if not the largest building of any kind, One of the most important fand best organized departments the investment department, which is supervised by the President, Mr. Macaulay, In this department are several recent honour graduates of /MeGill University, one of whom recently won a prize of $5,000 for Jan essay on the Development Electric Power in North America. }in preparing his essay, he secured almost all his information from the files of the Company in his own Jdopartment. "Several other largo Jcompanies might be mentioned _but jsuffico it to mention one other, the London Life Assurance Ca. with head offices in London, Ontario. The business of this company, under expert management, has increased in jabour the same proportion as that jof the Sun Life. The tremendous Jamount in insurance that is being' written by Canadian companies year is a notable feature in the lousiness of the country and seems well worthy of mention,

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

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