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
In the meantime we have only reached the stage in our story where these
men, Stephen, Smith and Angus, reinforced by another highly capable,
careful and successful Montreal man, Mr. Duncan McIntyre, at the
threshold of the gigantic undertaking, were in consultation with the
Macdonald-Tupper administration at Ottawa on the subject. They all
sensed the almost overwhelming bigness of the task and, although they
were attracted by the challenge of its immensity, and were prepared to
accept that challenge, they all realized that they should try to secure
the co-operation of the world’s financial centres before they could even
hope for success. Hence we find, in the summer of 1880, Sir John
Macdonald, Sir Charles Tupper and John Henry Pope sailing for London, in
company with Stephen and McIntyre, to interest British capitalists.
Englishmen are generally willing to take a “sporting chance” and plunge
into an adventurous scheme. But this project of building a railway
across the continent through Canada’s far stretches of thinly populated
country, with the gigantic engineering problems of the rock region on
the North Shore of Lake Superior and the apparently impenetrable barrier
of the mountains in British Columbia, was too large an order for the
most courageous of London’s money magnates. It is doubtless a good thing
for Canada that the delegation had to return from London empty-handed.
Projects and business concerns owned and operated by long-range
directors and shareholders have never been a huge success in Canada,
unless practically conducted by local advisory boards, and railways are
no exception to that rule. More important still, this fruitless search
for financial assistance put Canadians on their mettle by throwing them
back on their own resources at the outset, and thus developing the
strength and the endeavour which a big undertaking always brings if
bravely attempted. It was a good training in national athleticism, and
the young Dominion that had to wrestle with difficulties at the
beginning developed astonishing strength and initiative power. Later on,
when, within a few months of the last spike on the road, the youthful
giant had reached the limit of resource, and was in danger of falling
short, British capital was to come in to help to a triumphant finish.
But the time was not yet.
Public-domain text, read in full here on John Shaqi.
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