“Although having a commanding interest in many other
establishments and industries Mr. Ross used to say that the Bank
of Montreal, the Canadian Pacific Railway and the Dominion Coal
Company were nearest his heart. He was a director in the first
named institution since 1899, the largest individual shareholder
in the great national railway system and up to a few years ago
the president and the holder of five million dollars stock
in the last named corporation. Mr. James Ross succeeded the
late Mr. Hugh McLennan and had been in consequence director of
the Bank of Montreal for fourteen years. Speaking of the loss
that institution sustained in the death of Mr. Ross, its vice
president and general manager, Mr. H. V. Meredith, said: ‘We have
lost an eminently strong man and a sound adviser,’ while Mr. R.
B. Angus, the president, spoke of him as a very able director of
the bank and a warm personal friend.”
About the time that Mr. Ross arrived in Canada the country
was deeply engrossed in the discussion of free trade versus
protection, and having seen the neighboring republic grow from
an agricultural to a manufacturing community, and realizing
what the same fiscal policy would do for Canada, he at once
espoused the cause then championed by Sir John Macdonald and
Sir Charles Tupper, both as regards the fiscal policy of the
Dominion and their railway program as well. Mr. Ross was a
moderate protectionist, believing that such a policy was
mutually beneficial both to the manufacturer and consumer. He
had seen such states as Illinois, Ohio, Minnesota and other
agricultural sections of the Union vote for protection and often
when apprehension was expressed over the probable outcome of a
moderately protective tariff for the western provinces of Canada,
Mr. Ross would reply that the establishment of eastern industries
all over the west would soon convert the farmers of Alberta,
Manitoba and Saskatchewan to protectionist ideas.
In 1872 Mr. Ross was united in marriage to Miss Annie Kerr, a
daughter of the late John Kerr of Kingston, New York, and sheriff
of Ulster county. They had one son, John Kenneth Levison Ross,
who married Ethel A. Matthews, a daughter of W. D. Matthews of
Toronto, and they have two children, James Kenneth and Hylda
Annie. Mrs. James Ross is deeply interested in organizations for
promoting aesthetic tastes and is active in support of benevolent
and charitable projects. She is a director of the Society of
Decorative Art, vice president of the English section of the
woman’s branch of the Numismatic and Antiquarian Society and is
president of the Maternity Hospital of Montreal.
Public-domain text, read in full here on John Shaqi.
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