New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-05-08
CANADA'S RAILROAD POLICY

CANADAS RAILROAD POLICY.
sUBvENT1oNs GRANTED TO THE CANA
DIAN PACIFIC COMPANY.
An AGGREGATE OF s2,o. Ooo-A TABLE SHOW
INC; THE GIFTS OF TIE DOMINION GOVERN
MExr-rrs POLICY CoNrRAsTED WITH
THAT OF TIE UNITED STATES
To the Editor of The Tribune.
Sir: A table showing cash subsidies paid by
the Dominion Government in aid OF railroad
construction In Canada recently transmitted 10
the Department Of State by the United states
Consul General at ottawa states that the cana
dian Pacific Railway has received S"5WDooo on
1905 miles of road. and $l.1so.WD on iS' mics
Of road A total cash subsidy OF S26oooVU
This statement which has been extensively
copied in the public press is grossly Incorrect
and is ca cuaied to prejudice legislation IN 'oh-
gress having In view the protection Of American
lines from the Atlantic to the Pacific against
Canadian Pacific Railway aggression. which in
the last twelve years has caused much trouble
m the proper regulation Of the Internal com
mcrce Of this country In the pr 'paration or MS
statement from Cana Han data the Consui-deh-
eral was assuredly misled.
In the year 1889 two committees 81 the United
States senate undertook the task OF Investigate
Ing and reporting upon the subject ot our rc'a
lions with Canada. VIZ: The Committee on IN
terstate Commerce OF which Senator Cullom OF
Illinois was and Is now chairman. ana the Selec'
Committee on Relations with Canada. OF wh'ch
Senator Hoar Of Massachusetts, was chairman
In compliance with the request OF these TWO
Senators | submitted statements. both Of which
contained the following table carefully pr'pa'c'
from reliable data as 10 the aids OF various sort
which had been oxterded to the 'a""''""
Pacific Railway by the Dominion Government.
Revised estimate Of gfi. from ne Don,nd9m 1@v
and securities viii b That company ms 80, -,
ahlcd 70 Noat stock and hordsl. as te ',sI'. -
the Dominion guarantee and the iand grant o'
10000 acre. = land:
u cash subsidies follows:
ca Subsidy cf S25'''.''H mentioned IN Sec-
ton ef At II fgoruafy - L. li'l o,
railroad constructed by d., Dominion
Government. costing s3j." 90. "hioh
was presented to the Cananian racine
Company gu win interest I,
S ',ng I, fo ,1' 1871 Sc ,si7co7ss
q, cap ai'1"S stock o., originally sr'r".'o nut
reduced 10 S5"slp'' win n minimum
diy DIV r.a1s OF scc PER roor ' inaS s5oooo
o. During tho session u Parliament of ,',s
loan To- Inc company Of 81 So.sl2. 70
t. paid The "ork - consruccu,h
p.d.t!ng constructor. This consisted
oi $500 $500 go IVA ,,ani subject 10
tho then outstanding mnd-giant bonus.
a. a. 49,, -, ,,,e, yre .,r1lfr,s Tor
Ike amount 81 the compiny '9an
% o. 90 r. -. ;.5o,,,.., - original
stock which had been retired '-"" sec .. -. 49,,
oci July ., 1851 .......... .'NS''4-
~ palanc. 81 g.. -. -, loan nfter aetuc,-
Ing 90 ono" paced "a -" h"i'f
mo tioyorumont IN ordcr 90 SECURE iH' =, 40 o..,
shl 90, -, lDf
''' i's''m n 4" 49, or ,ro, n, ). n,ls wni.n e
pp~oi,rod l. rif 81 49, Dominion % o''."'
&c, Bonds inie-cs' guaranteed hy 'h" I'n.
min'gn Tor m, l,' 49, ~ ,nr ..r
issued - U' ,"M..."''s ss.,
IoSc 80 ''' , ,'.'. 81, ,i, rr,t,toiy -
rar,oaJ tl,,i5,ng m Manitoba ..... - e" 90
q SUBSIDY Of $500 year foF twenty
w y..rs for a uar through ne STATE ~ 1900.
Maine ............. '-''"'
,.,-,., ar
Total ..-........ '..'''. .,-...L b..
OF this SUN about '''"''' my Ia t'..'.. 80,
cnsh ara fit'' "N"i.,ll,.., 0
"s s unt",te". - -, balance shoe, q tho company
for D.camhcr 1858 the to'al cost Il 'He road ana
~ ,,,,,mer. ul,ui materials and supplies was
,f7 N,s So The io,ai stoc. bonded d'h' "i" ','-
rcnt liabilities 81 -" con! .ti, "h . ~ ~. +,
amounted 70 ssi"pul' on ,rrn e 2p,crnmcrt
the various Apr 49, a.. ~ ~ f., excess OF th,
al w." 30 road and ,s4 0,lC7s IN excess - It's la-
| blItos
The above tabie' ch''''e" ''' 80
I. an atrroxirnate statement q the total amount
~ s,,,,.en,ions Of all sorts available cash cx-
- ~ A. ra,,o, rouv,, hy tho
| tended 70 the 'andii"" ~ NV
Dominion Government The substantial "''"-
r.o,. -, ,his ,nhle was subsequently verified by
'a.' - '' ,,a,o,,,r paclnc Railway Com
| offc"rs oi 'he '1"''''" ,s,, -, co,.o,o
pany IT. the month ~ Al'l, IN''' ,'' ',' ,,'
| Committee on lntcTst''" "'"i"'i, ~r w
mony AZ the Flfth AIr'lu1 TO- ,s',o, rouy,av
Inc pres''v VIM, "a - va, Horne now ar VIII
COMPANY Wiiliah az, ,ccnruaricd hy
| lam. was present as IL "''n'S'' , a. t,. ,at,,