St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-01-26
CONTROLS CANADA.
The Dominion Government in
the Power OF the Canadian
Pacific.
Determinations Against the
United States Abolished at
Its Behest.

NEW YORK, Jan. 24.-The late Baron
De Reinach was member of the orig
inal Canadian Pacific syndicate, accord
ing to a special to the Times from Mont
real. Que. 1t says:
In connection with the Canadian
Pacific Railway company'S tinanclerlng
it may be mentioned tnat Baron Gle
ReinaCh was prominent member OF
the original Canadian Pacific syndicate.
He shared in the division of the $780,
600. 900 worth OF stock issued to the
founders at %, and III the enormous
dividends paid them thereon. The
baron got 1855, 500 worth OF
the second issue of stock for
S41 ,525-assuming that he actually paid
for it-accOrding to the returns pre-
seuted to parliament, and Tor several
wears drew 6 per cent dividend upon
the face value of his shares, or "A per
cent upon his actual investment. out or
the subsidies obtained by the company
from the government long before the
railway was built or earning dollar.
"A Liberal paper says that the people
of Canada are interested in the Cana
dian Pacific company to the same eX-
tent that citizen is interested IN the
operations of the burglar who has
robbed him and is looking for an oppor-
tunity to secure more plumber. mat
the Dominion government Is completely
under the control of the Canadian Pa
cific company, and ready to do anything
to save that corporation from I'M Jury, is
not doubted. The canal tolls and dis
examinations upon raw material and
mOlasses imported into Canada through
the United States we're abolished under
the impression that a few concessions
of the sort would cause the president
and congress to leave the railway. With
out the money and active assistance
given to the Tory party at election
times in Canada that party would be
beaten badly. The Pacific company
controls fifteen parliamentary consti-
tuencies west of Lake Superior and
twice as many more i'll the Eastern
provinces. Speaking of the relation be-
tween the federal government and the
Canadian Pacific company, one or the
most prominent authorities upon SUCH
matters in Canada says:
81 always found i'll my dealings with
the government that it was useless 10
ask for or expect anything that the IA
cific company did not want us to get.
And nothing would be done without
references to that company's wishes and
interests. | really believe that ii the
United States congress were to insist
upon commercial union and the adop-
ton of the Mckinley tariff by Canada,
OF even political union, as the
price of continuing the privileges now
enjoyed by the Pacific company in the
United States. and Mr.. Van Horne
should ask the conditions be accepted.
the ministers at Ottawa would do as he
wished. The Canadian Pacific company
has gobbled up the Regina Il Long Lake
road and its land grant; but. from the
Canadian points of view, there is moth
ing Objectionable in the fact. if fact 1t
is. that the Canadian Pacific company
is taking traffic from rival American
roads. though 1 have been told that
money given by the Dominion govern
ment to the Canadian Pacific, to enable
it to improve its main line in Canada,
was used in buying or getting control
of road from Sault Ste. Marie to Min
| neapoliS. That was breach Of faith
with the Canadian people,