their investment does not give them the same returns as more careful
buying gives the Canadian and American.

Not all investments are of this extravagant character. Hundreds of
thousands of acres and city properties untold have been bought by
English investors who will multiply their capital a hundredfold in ten
years. I know properties bought along the lines of the new railroads
for a few hundred dollars that have resold at twenty thousand and
thirty thousand and fifty thousand. It is such profits as these that
lure to wrong investment.

Horse and cattle ranching has appealed to the Englishman from the
first, and as great fortunes have been realized from it in Canada as in
Argentina. However, the day of unfenced pasture ground is past; and in
reselling ranches for farms, many English investors have multiplied
their fortunes. In the outdoor life and freedom from conventional
cares--there has been a peculiar charm in ranch life. In no life are
the grit and efficiency of the well-bred in such marked contrast with
the puling whine and shiftlessness of the settler from the cesspool of
the city slums. I have gone into a prairie shanty where an
Englishwoman sat in filth and rags and idleness, cursing the country to
which she had come and bewailing in cockney English that she had come
to this; and I have gone on to an English ranch where there presided
some young Englishman's sister, who had literally never done a stroke
in her life till she came to Canada, when in emergency of prairie fire,
or blizzard, or absent ranch hands, she has saddled her horse and
rounded to shelter herds of cattle and droves of ponies. She didn't
boast about it. She probably didn't mention it, and when winter came,
she would go off for her holiday to England or California. Having come
of blood that had proved itself fit in England, she proved the same