been large and has called for heavy sacrifices among a people of less than eight millions will be sufficiently plain. Not unimportant in considering the moral aspect is the fact that so much of the result has followed from co-operative effort among all classes. Thousands have worked together to swell the various funds. Especially among women's organizations have the sums realized been a revelation: the Imperial Order of the Daughters of the Empire alone collected over three million dollars. It may well be that the lesson learned in this way may prove of greater final importance to the country than the immediate achievement, striking as that is. Back of all lies the spiritual significance of the labour that has been given so freely on behalf of patriotic causes—the ennobling of manual toil by sight of the end it serves, which Pierre Hamp has noted as the pervading atmosphere of the munitions works of France,—so that as the cathedral builder of the Middle Ages saw God behind the carved stone, so the munitions worker and the worker on supplies for the wounded and for the men at the Front have felt that nothing less than the destiny of the Allied cause was in their keeping.
But the interest of the movement is many-sided. It is easy to read the record as a splendid efflorescence of the Imperial spirit, still more as a manifestation of the undying passion of mankind for freedom, which transcends all political ties. The purely economic significance is more apt to be overlooked. When the war opened, Canada was in the back wave of an exhausting "boom." For ten years she had been absorbing hundreds of millions of capital annually frcm without; inherent financial strength seemed the last thing that she could muster. Yet, after three years of war, she was spending nearly a million dollars a day on military effort alone, having successfully launched within her own borders some of the largest loans in her history. But the sixty millions of patriotic givin rs are not loans, but cash and goods saved out of current revenues over and above all the extra-