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
To complicate matters for the Government, a rival syndicate was suddenly
formed of Ontario capitalists, headed by Sir William Howland, who
offered to build the railway for three millions less in money and three
millions less in land acreage, and at the same time give up practically
all the privileges which the Government had agreed to allow the Stephen
group. The Government denounced the Howland syndicate as trying to draw
a herring across the trail by making a transparently impossible offer in
an effort to break the contract already signed with the other company.
There is no reason to think that the Howland syndicate, which was
composed of well-known citizens of high standing, would not have tackled
the building of the railway if they had got the contract. But the
Government had already signed with the other organization and,
denouncing the offer of the Howland syndicate as utterly impracticable,
and intended only to hamper the construction of the road, Sir Charles
Tupper rallied the Government forces and put the original contract
through Parliament on a straight vote, in February, 1881.
We do not dispute the good intentions of the Howland syndicate; but if
the gentlemen of that syndicate really could have seen into the future
they would have breathed a sigh of relief when their offer was rejected.
They had asked for the contract, but it was a mercy for them that their
request was declined without thanks. For if the Stephen men, who knew
the country better and had already some extraordinary allies, came up
later against so many unexpected obstacles that they were more than once
within a hair-breadth of failure, it is safe to say that the Howland
men, with their hurried and unconsidered offer, would have ridden for a
fall, disastrous alike to themselves and to Canada.
By the action of the Dominion Parliament, in adopting the contract and
giving it the force of law, in February, 1881, the field was clear for
Mr. George Stephen (who was elected President of the new Company) and
his colleagues. They lost no time in unlimbering their artillery and
going into action with the bearing of men who knew they were going to
have a hard battle, but were moving steadily forward as gentlemen
unafraid.
Public-domain text, read in full here on John Shaqi.
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