Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1883-01-12
TuE DoaNGs Of THE CANADIAN PA
CIFfC sYsDICATg.

OTTAWA, Dec. N.-Ihe announcement
made here Mr.. ]. J. hill had rs-
signed his directorship in the Canadian
Pacific syndicate has caused consider
able comment here. Ii seems that AIR.
Hill and his company. tine 81. Paul.
Minneapolis Il Manitoba, who had be-
come large purchasers of the stock OF
the Oregon and Transcontinental Com
pany, were partially corraIied from
going on by the Canadian Pacific. and
the Canadian Government refusing to
accept maps or route of the Manitoba
Southwestern, under one pretenss or
another. When the Canadian Pacific
syndicate had succeeded In disgusting
and embarrassing the American capital
lists who had purchased stock IN the
Manitoba Southwestern. the Canadian
Pacific syndicate offered to purchase
the Manitoba Southwestern stock on a
basis of what seems had been expended
by the latter. about $.g0. go. The trans
fer of the Manitoba Southwestern TO
Hill d Co., was part of the general
agreement between the Northern Pacific
and the st. Paul and Manitoba for a
mutual retiring from each others terri
tory. Hills company was to have tbs
right to all lines constructed by the
Northern Pacific, as well as their own,
running north and south, and the
Northern Pacific of all east and west;
in other words, there was an interchange
of competing lines. The result was to
est sblish complete monopoly of Dako-
tn and Minnesota territory between the
two syndicates. The next important
move, after the agreement. was finally
arranged and the money paid to Willard,
was this, the Canadian Pacific syndicate
had put large part of the Manitoba
stock it held on the market in New York
and Montreal to raise money in order to
meet
ITS NECESSITIES
in the Northwest. Not getting money
in England, the syndicate fed the mar.
was picked up by Willard and friends.
To Hills astonishment, he discovered
that Willard and friends controlled the
stock of the st. Paul and Manitoba
road, and that he was called; that in
stead Of catching a Tartar, Tartar
caught him. and that it was to his inter
est, in fact, he was compelled to 90 In
with the Northern Pacific and cut loose
kkOiu tiiO SetAdotdh dCiuC nv
1t will be a'great advantage to CANADA,
looking into the view of the policy of the
government that the connection between
the Dakota and Minnesota railway sys-
tenn and controlling influences are sew.
cred, as the Canadian Pacific will now
cultivate Canadian interests, and traffic
to the completion of their line through
Canadian territory. Before their inter-
ests were divided they had but little.
if any, control rs to- the rates they
could levy. Their Interests were larger
in the United States than on the north
shore Of Lake Superior, and they could
afford to 90 slow in Eastern Canada,
and it Wis to their interest, as they
could deve.Op no trade en- route between
Agoma Mills and Portage.
The st. Paul Pioneer Press, to which
the foregoing was special, throws ad-
ditianal light upon the matter in the
explanation following:
The above is partially in the line with
reports that have been quietly current
in st. Paul railway circles for few
weeks past. 1t was alleged that a
change in the general policy of the Ca
madam Pacific syndicate had been de-
cided upon. 1t was said that the pur-
pose was to make the Canadian Pacific
road distinctive highway by separat-
ing it from all alliances that might in
terfere in fact or in name with its pur-
pose to become the great road for the
Canadas. 1t is reported that vast plans
were laid out, in land ACKNOWLEDGEMENT,
for distribution to immigrants at lowest
prices, part of whose passage money
should be paid by the British Govern
ment. But these immigrants were Or
dained to travel only over Canadian
soil, by the Canadian Pacific road and
branches and connections. or roads I'M
der Canadian Pacific influence. All
traffic of every kind was to be put
through over that road, just as soon IS
connections could be secured. Bush
ness affiliations with
EASTERN TRUNK LINES
In the United States were to be ignored
as soon as practicable, and travel and
freighting in the West via Chicago and
st. Paul was to be discontinued. All
the evidences in newspaper reports,
from time to time, indicated the pro-
gram. Beside these, there have been
occasional reports privately, to the eff
feet that the S.. Paul, Minneapolis and
Manitoba is to be, some time III the fu-
ture, deprived of its present close con-
nection in interests with the Canadian
Pacific. While the personal relations
of Mr.. Hill with the other members of
the syndicate may be. AS pleasant az
ever, 1t has been fact az alleged of
some very few months standing that the
latter have bought Mr.. Hills interests
or stock, paying him therefor, so report
says, $750.O00. 1t will be remembered
that MIR. Hill made recent visit to
New York and Montreal, and the prob
abilities are that the final adjustment
was then made, including his resigna.
ton as a director, probably. at some
future time, and dissolution of his
moneyed ties with the syndicate. The
st. Paul, Minneapolis and Manitoba
and Canadian Pacific will. as a matter
of course, continue their business rela-