Harding of Allenwood by Harold Bindloss

Davies sat at his desk sorting a bundle of papers. His office, a large room in a smart, new building, was elaborately furnished; but the furnishings spelled expense rather than taste. The walls were hung with maps of the Canadian territories, plans of new town sites, and photographs of buildings. Davies was one of a class that was, for a time, to exercise a far-reaching influence on the Western prairie. His business was to sell the new settlers land -- which was seldom paid for on the spot; the agent being willing to take what he could get and leave the balance on mortgage. He also lent money to farmers who had suffered from bad seasons, or who rashly determined to extend their operations with borrowed capital.

Interest was then very high, and the scratch-farming generally practised was not productive. Crops on the half-worked soil suffered from drought and blight, and often ripened too late to escape the autumn frost; yet, in spite of these disadvantages, the influx of new settlers forced up the price of land. As a rule, the unfortunate farmer soon became indebted to local storekeepers as well as to the man from whom he had bought his holding. When he harvested a good crop, he paid off some arrears of interest, and perhaps kept a few dollars to go on with; but he seldom got out of debt, and so toiled on, living with stern frugality, while the money-lender pocketed his earnings. Shylock ran no risk, since the security was good and he could sell up the defaulter.