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
We may read later something of the cyclonic protests made in my native
Province of Manitoba against the section of the contract which denied to
any others the right to build railways south of the Canadian Pacific
into the States; but, like many other movements, the one against this
temporary monopolistic clause was, to say the least, lacking in proper
perspective. The Canadian Pacific Railway Company, to enable Canada to
keep faith with British Columbia and thus hold Confederation together,
was struggling to build two thousand miles of road over a territory
where there was little prospect for years of a paying traffic. It is
hard to see that it would have been just, without adequate compensation
to the Canadian Pacific, to allow other railways to hamstring the
transcontinental by building in the only region where there was
population enough to give a railway some reasonably remunerative
business.
A rather peculiar thing was that no one objected to the cash subsidy
except those who attacked the whole business from end to end, as ruinous
to the young Dominion. Reasonable onlookers, however, who knew something
of the tremendous cost of construction over certain sections, thought
the syndicate was mad to tackle it at almost any price. Later on these
reasonable people found justification for their view in the fact that
construction was costing in some sections half-a-million a mile—though
even they would have gasped if they knew that in after years a single
tunnel in the mountains was to cost over eight millions to construct.
There were some who considered that the free gift to the company of
several hundred miles of railway, built by the Government over a term of
years, was too generous. But Canadian Pacific Railway experts in 1889
testified before an Interstate Commerce Inquiry, and said that parts of
the Government sections were unwisely located, and the cost of joining
up with these unwisely located sections was so great that the amount the
sections were supposed to represent should be heavily discounted. It is
possible that experts will always differ over this big contract of 1880
which, for years, furnished offensive and defensive political orators
with abundant ammunition in party conflicts.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account