The romance of the Canadian Pacific Railway — John Shaqi
The romance of the Canadian Pacific RailwayMacBeth, R. G. (Roderick George)
History
The romance of the Canadian Pacific Railway
MacBeth, R. G. (Roderick George)
Canadian Pacific Railway Company
built from sea to sea on British territory. But Sir John Macdonald went
ahead and sought to interest some big business men who might form a
company to build the Canadian Pacific to the Western sea.
At that time Sir Hugh Allan, head of the Allan line of steamships, was
probably the most able and prominent business man in Canada. He was not
only interested in steamships on the Atlantic, but had acquired railway
interests as well. There is no doubt that Sir Hugh Allan had been
pressing upon men in public life the project of a transcontinental
railway, which he might lead in building, with the further idea, no
doubt, of having another line of steamers on the Pacific. This was a
worthy enough ambition for a great Canadian. There is no reason to think
that Sir Hugh Allan was mercenary or avaricious, for he had no need of
more wealth than he possessed. In any case he, being of the same
political party as Sir John Macdonald, as well as a man of great ability
and financial power, was one of those in line as a possibility for such
a big task.
Accordingly Allan formed a company to build the railway. So also did Mr.
D. L. Macpherson and a group of Toronto capitalists, who alleged that
Allan was in league with American interests in a degree that would
militate against the success of the Canadian Pacific as a Canadian road.
Sir John Macdonald tried in vain to get these two projected companies to
amalgamate. Finally it seemed to be settled that a new company should be
formed of Canadians and that Allan would have control. He was spending
money with a lavish hand and when the Dominion election was held in 1872
he furnished the large sum of $160,000 for campaign funds to Macdonald,
Cartier and Langevin. It is known that Allan had always contributed to
the campaign funds of the party, as others did, but the fact that these
campaign funds in 1872 were contributed at a time when a huge contract
was pending, made the whole transaction look dangerous. All campaign
funds are legally and morally wrong, and the fact that they were
customary and that everybody knows they are customary, does not make
them right.
Public-domain text, read in full here on John Shaqi.
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