A Letter from Major Robert Carmichael-Smyth to His Friend, the Author of 'The Clockmaker' — John Shaqi
A Letter from Major Robert Carmichael-Smyth to His Friend, the Author of 'The Clockmaker'Carmichael-Smyth, Robert
History
A Letter from Major Robert Carmichael-Smyth to His Friend, the Author of 'The Clockmaker'
Carmichael-Smyth, Robert
Great Britain -- Colonies -- America; Haliburton, Thomas Chandler, 1796-1865; Railroads -- Canada; Transportation -- Canada
value," it necessarily follows that the immense increase that would
be given to the productive powers of England, to those of her North
American provinces, and of the Hudson's Bay territory, by an undertaking
on such an extensive scale, if it did not completely, would nearly
double these powers; and as whoever brings additional commodities to
market brings additional power to purchase, it follows that the
inhabitants of our North American provinces, and of the Hudson's Bay
territory, would be enabled to take nearly twice the quantity of our
manufactured goods.
Lord Stanley, in moving an amendment to the Address from the Throne,
says: "the exports of the six principal articles of British industry,
cotton, wool, linen, silk, hardware and earthenware, exhibit a
diminution as compared with 1847, of no less than four millions, and as
compared with 1846, of five millions;" such being the case, it becomes
highly important to consider the cause of this falling off, with a view
to a remedy, and some great measures must be adopted towards our own
colonies that will enable them to receive a greater quantity of
manufactured goods from the mother country,--and this great Railway is
suggested as one that would increase the productive power and population
of our North American colonies, and a consequent increasing necessity
for hardware and earthenware, to say nothing even of the other articles
of British industry, or of the facility of communicating with our other
Colonies.
These few remarks will suffice to show that the balance sheets of the
merchants, and consequently of the revenue of England, as well as the
capital of individuals, must increase immensely during the construction
of and at the completion of the proposed undertaking. Mr. Montgomery
Martin has stated that "Railways are the very grandest organization of
labour and capital that the world has ever seen:" that "the capital
actually invested in Railways advanced from L65,000,000 in 1843 to
L167,000,000 in 1848--no less than L100,000,000 in five years." And
why should we not look forward to an equal--aye--and to a much larger
investment--on such a magnificent Line of Railway? joining, as it would,
all the northern dominions of the old world--crossing, as it would, the
northern territories of the new, and making an easy opening to the rich
and thriving world that may be considered of the present day. For "the
word has been given, an active and enterprising population will be
poured in, every element of progress will be cultivated, and the
productive countries on the shores of the Pacific, heretofore isolated,
will be brought into active and profitable intercourse. It may truly be
said that a new world has been opened.
Public-domain text, read in full here on John Shaqi.
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