The Sun.
London, England, 1854-11-23 00:00:00

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ire mars tb werki 6U Via 6satiting GU;
titled to the provincial guarantee have been executed to
the extent of 100,0001., I write, by direction of the
board, to the secretary of the Board of Worts, awl en•
close a certificate from the engineer-in-chief Of th com-
pany, stating the amount of work done on each section.
I also request that the Board of Works will issue-orders
to the agents of the province in London, Meatit. Ginn-
and Bariug, to release from their charge as agents, and
to hand to the company, the proportion that 40 per cent.
bears to the amount certified by the chief engineer.
The Board of Works instruct their officer to put him-
self in communication with the chief engineer of the
sa nudpaalns o
whichpersonallyrelease
e avisitse as nds
sought. The
upon
ttoheitsG crarenddit
Trunk
tunitks
ynoyrkCommissioners subsequently meet and
receiver-generalautho-
he
province
te r
eto as e isnuscht r uactnt theunt
as L otnhdeoyn,
crrtaaohaoignnsimeieeletwnpluwitaasenthtreport of their officer, may consider proper. This
o,efutnder authority of suck order, is then handed
number of miles of rail-
wayleis:pt. 1,112, viz.
and number
uoi n
total
thebr
raeafmi
mowuifianl
railway
ioehf,aiei
such
t)acleelidlidd
atl4.3ll,iti dhueerili
al
Grand Trunk Con,pany is 9,500,0001. The. miles of
banker'scove2emr3p.t
aollty'hih?nea What :ivosmnhdtpahoatenn
iy.st'ot andhtaeltcei capital adlgeolf
QBMeaoleinehtver
lee,
telo tt oo
PPortlandete Richmond,
r b o r 021u90g20h;
,;Q5
Montrealuoeb;
open, the Quebec and Richmond about to be opened,
o
and 290 miles will be finished next year,—in the Of the -e the section,—from le tt,
Torontotr Te
Montreal tots o Pistoles,
SayP o Toronto,rnt aa n3d1145,75'32 is.;;
guaranteereor contract
—Thenocni Provincial
a Guarantee,
total o tah ral
et
fol-
lowing year, 297. The company temporarily suspends
e
8.
The amount of the guarantee is 1,811,5001.
n
as2t liee3eCa23or4eiU:shl
plicoC7tl
ile2aOsadsn4ftne.o,rly)sae.oolnosu de: shares,
sections
stttt thiahnpaooteutnreseor number
tvoti brnii Grand
eioenrtct di
amount
aeomflnGm' bonds,
otr amount
uutrillGrand
ntksdd entitled
eotRT xaof napr mtucel nvoedkaneyectdyoCo company's guarantee,
pbmothylap'pat ghlbney by the
nom-
puny, ant bonds,
up to the latesti‘biepoeennritroreedcaetliovaewnddhoicnThaoyrcocoonu have an account ?-
3,721,900/. This includes the capital paid for the Quebec
and Richmond, and St. Lawrence and Atlantic line.
utontaonfdthQe guarantee
from Tphfraorolms(3;n3nothenhethhGaesovernment ?—The amount expended is
1,296,423/. The amount released by the province,
310,000/.
26. What are the names of the English and Canadian
Contractors I—The names of the English contractor, are
Messrs. Brassey, Peto,.Betts, and Jackson. The Pans.
dian contractors are Messrs. Growski, Galt, Holton, kir:
Macpherson.
27. What is the amount of capital subscribed by private
shareholders, what percentage paid thereat], what do
they receive as an equivalent for their payments ?—The
total capital subscribed on the Grand Trunk proper is
8,033,6001., and the amount paid on such capital is
2,171,9001., of which a very small proportion is paid in
Canada. On 7,246,000/. of this capital the shareholders
receive share certificates at the rate of one share for each
251., and they also receive debenture certificates, which
specify on the face of them the amount paid up. The
debentheture
af ctdehri
ent i
efifecu
mal t
pe
at
nhayel s o
thath ocl od ne
when
ahi
willen
ns a
thebn undertaking on
ex-
change it for a province debenture, oree eacnilotmsitploeandnycte'osrtdiEe
benture, as the case may be. The proportion which
each share subscribed entitles the holders to is, that
each 251. of share capital carries with it a right of 25/. of
debentures, of which 121. 103. is province debentures,
and 12/. 10s. is company's debentures. The 837,6001.
capital remaining to make the 8,083,6001. does not
carry province debentures.
28. Would you explain how is the entire capital of
the Grand Trunk Company distributed, and how much
of
same
9,500,0001. Of
p
this, as
asll !I—The
avetotalalready
readcpi
yatal is
stated,
8,083,600/. was the pottion required to be raised in
London in April, 1853. This capital consisted of
stock, 4,131,400/., company's bonds, 2,090,700/., and
province debentures, 1,811,500/. ; of this capital there
has been paid up on stock, 883,15G1. company's
Bonds, 553,3271., and province debentures, 735,4171.,
605,8001., of bonds, have been issued, viz., 67,500/. on
account of the St. Lawi e.ice and Atlantic Section,
250,000/. on account of the Quebec and Richmond,
238,300/. on account of the Montreal and Toronto and
Quebec and Troi, Pistoles sections • in all, 605,800/. Toe
balance which is in the hands of the agents of the pro-
vince is 425,416/. The remaining portion of the
9,500,000/. consists of capital raised prior to the amal-
gamation by the following companies :—St. Lawrence
and Atlantic—share, 246,000/., bonds of the province,
400,000/., and other bonds, 233,000/. ; total, 879,100/
Quebec and Richmond shares, 305,0001., bonds 100,000/.,
Toronto and Guelph shares, 132,300/.
29. Can you divide the expenditure of the 2,171,9001.
on the several sections I—Not very precisely as regards
some, without referring to the books of the company
and to our other documents which are at Montreal. Ap-
proximately I can inform the committee that 430,0001.
have been expended on the section between Toronto and
Sarnia (in addition to the amount paid on the Toronto
and Guelph shares, which is about 126,0001.). On the
St. Lawrence and Atlantic line 315,0001. On the Rich-
mond 50,000/. On the Victoria bridge 150,000/. I can
give the precise sums that have been spent on the Mon-
treal and Toronto and on the Quebec and Trois Pistoles,
which are the sections that are entitled to the provincial
guarantee. Toronto and Montreal 1,131,063/. Quebec
and Trois Pistoles, 165,350/.

[PRICE SD.

TILE GRAND TRUNK RAILWAY COM-
PANY OF CANADA.

Evidence of Sir Cusack Roney, before the Railway
Committee of the Legislative Assembly, at Quebec, on
the 3J November, 1854.
1. Have you a copy of the amalgamation agreement
of the Grand Trunk Railway Company ?—I have.
2. Does it contain the contracts with the English and
Canadian contractors for the several sections of the
railroad ?—lt does.

3. How many sections are there referred to in the
agreement that have reference to contracts ? Describe
them ?—There are four sections, one from Quebec
to Trois Pistoles, one from Montreal to Toronto, one
from Belleville to Peterboro', and one from Toronto to
Sarnia, and there is also the Victoria Bridge included
in the agreement.
4. Beginning with the Montreal and Toronto, what
is the length and the contract price ?—The length of the
Montreal and Toronto section is 345 miles, and the total
cost is 3,000,0001. (All answers that I shall give to the
committee to-day referring to figures and accounts are
in sterling.)
5. How much is the provincial guarantee on this see-
tion ?- The provincial guarantee on this section is
1,035,0001.
6. Will you state what the contracts provide as to the
character of the works ?—What are the bridges to be
coustructed of, the stations and other buildings ?—They
provide that the line and all its appurtenances shall be
equal to any first-class English railway, and superior to
any now known or used on this continent. The bridges
are to be of masonry or brick work, with iron tubes
across the spans. All these tubes are on the principle
of the well-known Britannia Bridge across the Menai
Straits in Wales. The stations and all other buildings, ,
such as engineer repairing shops, &c., are to be of brick
or stone covered with slate or metal.
7. De the contracts include a supply of engines, freight
and passenger carp, snow ploughs, work-shops, &c. ?
They do. There is a specification which gives in detail
the number of engines, cars, both passenger and freight,
as well as gravel cars, snow ploughs, repairing shops,
water houses, wood-sheds, in short every article required
for efficiently working the railway.
8. Are the contractors bound to pay the entire interest
on the capital stock as well as debentures of all kinds
until the delivery of the railway to the company ?—Yes,
they are so bound.
9. What is the contract price for the Belleville and
Peterboro' line, and what are its length, and the cha-
racter of the works ? Is this work commenced, and
when is it to be finished ?—lt is fifty miles in length,
and the cost is to be 400,0001. The works on this sec-
tion, and indeed I may say upon every other section of
the Grand Trunk line, are to be of the character de-
scribed in my answers having reference to the works of
the Montreal and Toronto section. The line between
Belleville and Peterborough is not yet commenced ; it
is one of the portions we propose to postpone for the
present, that is, until the money and labour markets are
in a more favourable condition for carrying on great
undertakings in Canada.

atthtoe l oofo,tohoeol. company
if,
10. What is the contract price for the Victoria
bridge ?—One million four hundred thousand pounds,
certifyw,ith f
a powerorthe
payment o
t o the
engineefr another i chief
completion of the work, he is satisfied that that addi-
tional sum should be paid to Messrs. Peto and Co.
11. What will be the amount expended on the Vic-
tot is bridge at the end of the present year, and at what
rate are the works to proceed each year,—describe what
has been done this year, and what is likely to be the
progress next year ?—There willi be about 200,0001.
expended on the Bridge this year, and it is intended to
expend from 200,0001. to 250,0001. each year during its
construction. All the preliMinary arrangements for
carrying out the works have been organised ; and of
actual werk done, what we call pier No. 1, that is the
pier next to the northern abutment, is finished. The
pier No. 2 is progressing v ery satisfactorily, and if the
wtather continue open it may be nearly finished this
season. The northern abutment will be brought about
Si high as the winter level of the St. Lawrence.
The amount of masonry in this abutment
may be judged by the fact that it is 242
long, 90 feet wide, and about 34 feet above the bed
of the river. The solid stone embankment of 1,200 feet
long, leading from the north shore of the St. Lawrence
to the north abutment, is in active progress, and will be
carried on during the winter. With reference to next
year's works, I beg to state that they will, in addition
to being carried ou from the nor± shore, be advanced
from the south shore, so that under favourable circum-
stances, by this time twelve months, both the abutments,
the solid banks leading to them, and seven or eight
piers may be finished. Some progress has already been
made is preparing the tubes, and this work will be car-
ried on energetically during the winter, and a couple of
them will be put in their places next summer. With
reference to the inquiry of an honourable member (Mr.
Merritt), I am unable to say whether the space between
the under surface of the bridge and the summer level of
the St. Lawrence is in conformity with the first act. I
only know that there will be an interval of 60 feet be-
tween the one and the other.
12. When is it contemplated that the line between
Montreal and Toronto, or any of its sections, will be
opened, and when mill those between Quebec and St.
Thomas, and between Toronto and Stratford?—The line
from Montreal to Brockville, about 125 miles, will be
opened in September 1855. The line from Quebec to
St. Thomas, 40 miles on the Trois Pistoles section, will
also be opened in September, 1855. The section from
Brockville to Kingston, about 50 miles, and from
Kingston to Whitby, about 140 miles, in September,
1856. The line from Whitby to Toronto, about 38
miles, will almost certainly be opened in September of
next year. It is intended to open it, but Ido sot wish
to speak of this length so confidently as I do of the
other sections that I have stated will be opened in Sep-
tember of next year. The section from Toronto to
Stratford, 90 miles, will be opened on the Ist of October,
1855.

13. The committee then are to understand that it is
expected that 390 miles of the Grand Trunk Railway,
exclusive of the Montreal and Portland line, will be
opened for traffic by next autumn ?—Yes, the Quebec
and Richmond, which will be opened within three weeks,
and the foregoing, will make 390 miles.
14. What is the length of the Toronto and Sarnia
section ? What is the contract price and the character
of the work ? What are the names of the contractors ?
—This section is 172 miles long. The contract price is
1,376,0001. The character of the works, and the supply
of stock, are precisely the same as on the other sections
of the railroad. The contractors are Messrs. Growski
and Co.
15. Row much has been expended on the works of the
Toronto and Sarnia section to the present date 1-
576,7581.
16. What is the contract price of the Quebec aid
Richmond section ? What are its length and the cha-
racter of its work, also the amount of provincial guaran-
tee I—The contract price for the Quebec and Richmond
section is 650,0001., and the provincial guarantee is
250,0001., or at about the rate of 2,600/. a mile, the
length of the line being about 100 miles. The contract
price fur this line is less than fur the other sections of
the Grand Trunk. The masonry of the bridges is of the
same character, and the bridges themselves are tubular,
the iron being of the same proportions as in the other
sections of the Grand Trunk, but the station-houses are
to be of wood, and the surface width of the railway is
two feet less than the other sections. It is, I think,
sixteen feet and the others are eighteen. The founda-
tions of all large structures are for a double track.
17. What is the length and cost of the Trois Pistoles
section, and the amount of the Provincial guarantee !
—The length of the Trois Pistoles line is 153 miles. The
contract price is 1,224,0001., and 459,0001. is.the amount
of the provincial guarantee. •
18. What is the amount of provincial debentures issued
for all the sections amalgamated with the Grand Trunk
line by the agents of the province in London State
the amounts on the Grand Trunk and on each section
amalgamated ?—Before the amalgamation of the St.
Lawrence and Atlantic Company with the Grand Trunk,
400,0001. of provincial debentures had been issued to
that company. Since the amalgamation, 605,8001. of
provincial debentures had been issued to the Grand
Trunk Company, of which 67,5001. have been given in
right of the St. Lawrence and Atlantic Company,
250,0001. on the Quebec and Richmond, and 288,3001.
in right of the Grand Trunk proper. This last is up to
the latest date of our returns from London, namely, the
31st of August last. The sections from Montreal to
Toronto, and from Quebec to Trois Pistoles are the sec-
tions entitled to the provincial guarantee.
19. Are any of the provincial debentures issued di-
rectly to the contractors I—No, the contractors re-
ceive all their payments from their company in money.
20.
t o
th2o. Are the company restricted from selling thede.
Bold
de-
bentures of the province below par I—They are not
company,e
their paying for them in full, and they thensub-
jected to the control of the holders like any other descrip-
tion of property. payments on ao-
count of works are made by the company ?—The en-
gineer in chief of the company,
M. r Alexander Ross,
receives at the end of each
they
shareholders are issued
o f
the b y
company the
a agents ant t
par,
or f , the
province
e
mo
month
from his different sub-
engineers, accounts of the progress of each and every
statementsare considered and
arranged in his office, a
work. These several
and submits to each monthly
meeting of the board of directors certificates detailing
21. Describe the process by which
heads of expenditure the amounts to
which the con
tractors are entitled for the previous
month.
This process is adopted for each of the sections
which
I have named in a previous answer. The certifi-
cates having been considered by the board, resolutions,
under the several
authorising the payments of the sums to which the con-
ictnsro:
rtcidtnteaoentr
hcs
ofoa fry
with
tlei
hornewtteihi :noel
ger ds
week,,. are
English
phi
mas spas
rdepader
ca
ton
idetch,er
ee cicosorndtsertdra .icettoPl
ryas
underyinm e
anot.
the authority and superintendence of
and the
wrasinaadnocpet
Corn.
on
the railway company of which I was secretary for eight
years
companyi
nEtnogltahned,
money
during wahidichinperiod w
Londone expendedby thesh
au
rpe
wards of eight millions sterling on works.
22. Describe the proceedings adopted to entitle the
holders on account of provincial debentures I—When we