History for ready reference, Volume 7 : $b Recent history (1901 to 1910)Larned, J. N. (Josephus Nelson)
History
History for ready reference, Volume 7 : $b Recent history (1901 to 1910)
Larned, J. N. (Josephus Nelson)
History -- Dictionaries
"The plans of the Government engineers, as embodied in a
report to the Department Of Public Works, do not differ
materially from those of the canal company. The latter
proposes a 24 ft. waterway, with 22 ft. upon the lock sills;
the Government plans provide for a 22 ft. waterway, which, it
is pointed out, would more than equal the conditions as they
exist to-day in the channels connecting the waters of the
Great Lakes, which govern the draught of boats on the Lakes. …
The opening up of the Great Lakes for the first time to
ocean-going traffic would be an event of the first commercial
magnitude. It is not generally recognized that the trade of
the Lakes is greater than the coasting trade of England, of
France, and of Germany put together. The statistical reports
of Lake commerce passing through the canals at Sault Ste.
Marie, Michigan and Ontario, show that the tonnage passing
through these canals increased during 1897 to 1907 from
18,982,755 to 58,217,214.
"Reference should also be made to the water powers which would
be created by the present plans for the construction of the
canal. The report of the Government engineers states that
nearly 1,000,000 h. p. could be secured along the Ottawa and
French rivers and it is estimated that 100,000 h. p. would be
available within almost a mile of the city of Montreal.
"The question yet to be decided is when can the country afford
to start the work. Sir Robert Perks, M. P., who has been
intimately associated with the scheme, recently submitted an
offer to the Government on behalf of the canal company, who
own the charter, to provide £5,000,000 at a 3 per cent.
guarantee, with ½ per cent. sinking fund, for the construction
of the French River section of the canal, a distance of about
86 miles, and to build docks and warehouses at North Bay on
Lake Nipissing. … It is estimated that it would take ten years
from the inception of the work before the canal would be open
for navigation, and that the total cost would be about
£20,000,000."
_Engineering Correspondence London Times,
August 18, 1909._
CANADA: A. D. 1909.
The Great Mackenzie Basin.
The Newest Canadian West.
Public-domain text, read in full here on John Shaqi.
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