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Updated: May 14, 2025
By the time Canadian and British capital came on the scene in Kootenay the cream had been skimmed from the profits, and the mines had reached the wildcat stage of beautifully gilded and engraved stock certificates taking the place of real profits of almost worth-nothing shares in worthless holes in the ground selling on a face value of a next-door profit-yielding neighbor.
Farming there is in no sense a profit-yielding business, but it is only a means of existence. The people live upon what they raise, so far as they can, although, as you must know, India is almost never free from famine. In Russia, the situation is but little better, for famine follows if the yield of wheat falls two bushels below the average.
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