The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-02-05


Tho stock OF the Canadian Pacific Railway
would not he worth one dollar Il the priv
icgu was denied to It Of preying upon
American traflc. which Il has done nothing
to promote 1t is paying to its sharehold-
ers money as dividends which justly be-
longs 60 shareholders Of our own transcon-
tlnental companies. and Is thereby driving
our own lines into bankruptcy. 1t is greatly
iniurlng the credit OF American railway Sc
curities In European markets. 1t has re-
ceived from the Governments OF Canada
and Great Britain subsidies In various
forms TO the value OF tijo,OOoOOo.
The Canadian Pacific Railway was po-
litlcal necessity to save the Confederation
from dissolution: and now the bankruptcy
OF that concern would force collapse OF
| the Dominion.
| 1t is also military highway for England
| to her colonies In the Pacific. which by our
bonding system we are financially aiding
her to maintain or rather compelling our
own railways to maintain. 1t is also high
way between British Notifications at Hall
fax. Quebec. and Esquimalt. all OF which
are connected by cable with the imperial
War Ofllce. And still again it is military
highway for England along our entire
northern frontier.
The Canadian Pacific Railway was built
to strengthen and prolong British power
upon this continent. and also to aid Eng
land in securing as much as possible OF the
trafiic between the Pacific Ocean and
Europe. Our bonding system directly aids
her at the expense OF our own people. The
Canadian Pacific Railway Company is the
most arrogant anti-American corporation
| upon this continent. 1t is about to apply to
the Parliament OF Canada for guarantee
upon SljOOO.OO0 OF its bonds to enable 1t to
continue its warfare upon American rail-
| roads: and as 1t contributes largely to
the corruption fund Of the Tory party and
its support is an absolute necessity to the
continuance in power OF the present Gov
eminent Of Canada. while its bankruptcy
would seriously cripple British power upon
this continent. its demand for help will no
doubt be granted. By continuing the bond
ing system we are practically aiding the
Government OF Canada and Great Britain TO
destroy American investments in transcon-
tinental railways.
We very wisely and properly secure to
American vessels freedom from competi-
ton from foreign vessels In our coasting
trade upon the sea and the lakes. We do
not permit a foreign vessel to carry a cargo
from one American port to another. as. for
example. from New York or Boston to San
Francisco, or from Chicago TO Buffalo. But
by our bonding system we specially au-
thorize Canadian railways to do what our
laws prevent foreign vessels from doing.
We tie the hands OF our railway managers
with the Interstate Commerce law. which
forbids them to make discriminating
charges against any class OF American
shippers; and then we permit Canadian
lines. which are specially authorized by the
Parliament OF Canada to discriminate
against Canadian shippers. to prey upon
the legitimate traffic Of our own roads.
Had the Northern Pacific and Union Pacific
had the earnings which the Canadian Pacific
Railway has been permitted to divert from
them during the past four years. they could
have easily met all their obligations and
avoided all proceedings in bankruptcy
The fact that the Canadian Government
denies to American fishermen the privilege
OF landing a cargo OF fish at Canadian
port, and shipping 1t in bond over Canadian
railways TO the United States. would justify
the immediate and unconditional abolition
Of the present bonding system. Simple
vestments demands IL.
The abolition OF this anti-American sys-
TEN is not question OF partisan politics:
far from it. 1t involves the earning power
and credit OF loo. 900 miles OF American rail-
ways. costing not less than 5000. 900 900.
II destroys the confidence OF capitalists in
American railway securities. 1t rctards
railway construction in this country. 1t
. - . -
our trans Mississippi States. Its abolition
would compel the Canadian Pacific Railway
Company To abandon its anti-Amercan poll
icy. and exert its power and influence to
consummate continental union. 1t would
largely increase the exodus from Canada to
the United States. We should. no doubt,
secure several hundred thousand most de-
sirable citizens from Canada more than we
shall obtain II the present policy is contln-
ued. It would cause the collapse Of the
monarchical party in Canada and hasten
very much the solution OF our future rela-
ton to the northern half Of the continent.
1t would open the eyes of the Canadian peo-
pie to see how inextricably they are bound
To the United States. geographically and
commercially. and how absolutely their
prosperity is dependent upon Tree inter-
course with US.
The Tory Government Of Canada has an
tagonized American interests whenever AN
opportunity was offered. IL has no claims
upon us TO justify continuance Of the |
bonding system. We are well pleased to
learn that determination to do justice to
American railways pervades both Houses
OF Congress, and that there is a probability |
that positive decision upon this question
will be formulated at an early day Again |
We say. Abolish the bonding fraud!
Bealen by an American Woman.