New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-07-26

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GEN. SHERMAN
Special Dispstch 10 Tue N Y. Tdbrns.
OTTAWA Wednesday. Jolly %. 1866.
A bill is to be introduced into Parliament requiring
foreign Fire and Marine Insurance Companies 10 invest
$500 600 in Canadian securities deposit This sum vii
likely DO reduced TO $1,000 aud the bill viii pass The
American offices doing business In Canada sro from New
York aod Hartford chiefly.
Gen Sherman vent as far east from Montreal as the
Saguenay River
GEN SIBERIAN EXPECTED IN oTTAwA-DAsGERoUS
INFLUENCE or THE GRAND TRUNK RAILROAD.
From Our Special Correspondent
OTTAWA c. W. Jply %. 1860
Gen Sherman expected here IN few days, and will
for the time, be tho exposure OF all eyes
Tho General seems to take fancy to Cap,da. II il
not long since ho was at Golerich Lake Huron Il
he looking into the future, and imagining the Marct Of
cycnts7
Last night there was = spirited debate q motion to
ega.izc aud confirm "agrcemeBt between the Grand
Trunk and Buffalo aud Lake Iuron Railroad Companies
THIS agreement anal amatIOn, and nearly all the
Western members voted oenust IT, Some spoke worry
sharply against The political power that The Company was
acquiring.
Mr. Cartier, who "a sort Of paid agent in Parliament
for the Grand Trunk Company Of spoke schementy
IN favor of the bill He began in English, gave At ~,
sp,ko v0luhly IA French, and again tired English.
Mr.. Mackenzie (Member from the West sud;
Tho Grand Trunk had already too much influence; -
had been painfully witnessed IN the iouso to-day, and
when members who tyo years ago, who one year ago,
voted against it, had tho audaciiy order now 10 STAND
I'D end speak lis favor defiance OF their constituents
il was time tina, tie influence OF the Company should DO
resisted The argument Of the danger 90 the country from
anaanaing two powerful companies had never yet been
moi and II TINS bin earned the next step would DC
bil matchmaking the Great TRUNK and Great Western.
lie had heard that certain parties interested N South
cru raiiway b Introduced today had been eanvasSing
for support TO the amllamn;i0u b on the ground that
II tho Lake Shore meubcr would support u then NC
Grand Tunk would get the southern bill through tho
House D. really appeared II the Grand Trunk was
d. er IN Tie land Stronger than the Government itself
lie vas followed by AIR. Hauain. who said: When he
heard the Attorncy0n. East speaking for the bill no
forgot his position the Government and regarded nm
only rs the paid servant OF the Grand Think Company.
Tho Minister Agriculture had also been said TO owe his
position IN the House 10 the support OF That Company
lie then spoke strongly agansr tho political power which
would be welded By the Grand Trunk Company II The
hill carried. He dreaded Tho future If II would pass
for The Grand Trunk would swallow up every road in tue
country aud control the political destDics Of the country
I'm the ri these spccchcs from intelligent men, the
bill "a reported without amendment. II Will pass
Mr. Bridges IN the House using bis influence Tor
the bill believe he argues that the Bufaio ana Lake
Huron Road. we're d section Of the Gmnd Trunk, traffic
would be drawn down Montreal ard not led to Buffalo
as This is good argument Tor Eastern support
II will be three weeks before the delegates cen leave for
England the mission Of Confederation. Messrs. Me-
Donald ID. A., Cartier. Gali and McDougall 60