The Sun.
London, England, 1853-10-07 00:00:00

OCTOBER 7, 1853.

they will never be permitted to ke large fortunes.
l.
" Why should they?" some me ill answer. We
will ask, in our turn, who that as a competency
will risk it, and undergo all le sof trouble and
anxiety besides, except in ordes, rise from com-
petency to wealth ? The best thing that can
happen to a large town population is the accession
of men who can erect large works in order to con-
vert their 10,0001. into 100,000/4 or their 50,0001.;
into 500,0001. But with regular combinations, with
the express view of dividing more equally among
the men the profits of the master, and which start
with the notion that a large fortune is an abuseand
a crime, you may bid adieu to your capitalist. He
will look out for some place inhabited by artisans
not Socialists, and where he will diffuse the means
of life to thousands, if they will let him have what
he wants—some chance of wealth. Combination
on these principles is mere Socialism. Supposing
its demands to be submitted to, your 10,0001. is
divided among the working men, and there is the
end of it. The golden goose has been ripped open,
and there are no more golden eggs. Leave the
10,0001. in the hands of the master, and it remains
a fund of wages, a reservoir of enterprise, a reward
of merit, and an encouragement to another man to
enter the same trade and give the workmen two
employers instead of one.

RAILWAY INTELLIGENCE.

to England, after the passing of the act of 1851, as to
a guarantee from the Imperial Government, and finding
that such a scheme could not be carried out, made some
arrangements with a firm of eminent railway contrac-
tors, to construct upon certain terms, the portion of the
Main Trunk Line from Montreal, through Kingston, to
Toronto. In the meantime, however, as 'before men-
tioned, the Governor in Council had, by proclamation,
called into existence private companies for the construc-
tion of that part of the line, and the necessary steps to
organise the companies had been taken. It appears that
the stock was taken up mainly by Messrs. A. T. Galt,
L. H. Holton, and D. L. McPherson, who were all
three interested in the construction of the line.
These gentlemen (Messrs. Holton and Galt especially)
strenuously opposed the granting of the present Grand
Trunk Act, and not without reason set up their vested
rights, called into existence as they had been by the act
of the Government, under -the authority of an act of Par-
liament, and expecting, as they did, to benefit by the con-
struction of the line. The proceedings before the railway
committee are on record, and it appears that, despite the
opposition of Messrs. Holton and Galt, the Grand Trunk
Bill passed the committee, and was ordered to be re-
ported to the house. The opposition to A was still con-
tinued, but at length was suddenly, and without the
d appear
mpe cpa
zeenaecrmyi
enonfttanyhoef allethegedn
Trunkt rcause,country
at large
put
A acrtge a;
include n end
and tthht
eoo ,sneta oomfteh s e utter
which Messrs.
Galt, Holton, and M‘Pherson, its bitter opponents when
before the special committee.
In the same session a bill was introduced, the pream-
ble of which is as follows :—" An Act to amend the Act
incorporating the Toronto and Guelph Railway Com-