Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1881-08-31

Another Gigantic Railroad Project
Strand Through Route iu Con.
nection with tho Canadian
Pacific.
CHICAGO. August STA Times special
from Montreal says: Another gigantic
railway enterprise In connection with
the Canadian Pacific. and as part Of the
great highway through British territory
from the Atlantic to the Pacific. wa In.
ausurased here yesterday. when . meet.
ing Of the stockholders Of the Atlantic
and Northwestern Railway was held.
The first business was the election Of
permanent directors. when the following
we're appointed George Stephens.
President Of the Canadian Pacific; Dun
can MoIntyrs, Vice President Of the
Southeastern; Hon. P. Mitchell. ex.
Minister Of Marine and Fisheries; Hon.
Senator Thebandeau, Hon. J. J. Abbott,
NJ. r, O. G. Colby. II. P. Ezra B.
ohaffes, Director Of the Southeastern
and Montreal Railroad. and B. ]. Kim.
ball OF New York. The directors we're
instructed to take immediate steps for
the survey. location and construction OF
Q bridge over the St. Lawrence river near
Montreal. and . road westward from the
bridge to form . connection with the
Canadian Pacific Railway. and eastward
to form Q connection with the present
system OF railways south and east OF
the 81. Lawrence river.
This new enterprise was incorporated
by the Dominion Parliament In 1879.
and authority was given under the Act
to construct d line Of railway from the
Bay Of Fundy. Newfoundland, to Lake
Superior, via Montreal, and to build the
branches necessary On route to connect
with the railways In the United States
aud Canada. The company has full
power to build Q bridge over the St.
Lawrence between the present Victoria
bridge and Lsohine. The capital Is ten
million dollars. The company IL au-
thorized to mortgage its bonds to the
extent OF $40. 900 per mile upon the en-.
tire length Of the railway. It is the In.
tention Of the company to make . thor
ough connection from 81. John TO the
railway system Of the northwest. the
roads interested being all through which
the line will pass. The objective points
or the Atlantic coast will be st. John,
New York and Boston.
Starting OF ST. John over tho European
and North American road Q short road Is
to be built to connect this system With
the International or "Pops" road, which
now runs from Lake Mrgantio to Len
knoxville. Thence q short gap OF twenty
miles 10 to be allied to Magog; from Ma
cog to Waterloo, to the south shore Of
the st. Lawrence, over the Central YER
mont or Southeastern, and thence over
the proposed bridge to Montreal. From
Montreal westward In . direct line to
Smiths Falls and the proposed Ontario
and Quebec road. which will certainly
DO constructed under the auspices Of the
Atlantic and Northwestern Company.
From this point the line will be oontin.
ned to . connection With tho Canadian
Pacific Railroad and to Toronto by the
Ontario and Quebec road.
So great Q number Of roads are now
interested 10 this through road that Its
construction 10 an absolute certainty.
The construction Of the new bridge will
soon be commenced. and when 1t 10 com.
plstsd II will DO the frst and most i'm.
portant step In freeing the city Of Mon.
trsal from the monopoly Of the Grand
Trunk Company.