Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1899-09-12
THE RAILROADS
Canadian Pacific is After the
Ocean Trade.
WILL ASK FOR SUBSIDY
For the Establishment of a Line of
Ocean G%reyhOundS Between
Canada and Liverpool.


Times from Montreal says: Sir William
Van Horne, chairman Of the board Of d.
%rectors of the Canadian Pacific Railway
company, has admitted what has long
been an open secret, that the Canadian
Pacific is anxious to establish a fast
Atlantic steamship service between Can
ada and Liverpool and only awaits the
promise of an adequate subsidy from the
dominion government before putting it's
plans into action. Sir William also said
his company would like to buy out the
Intercolonial railway from the Canadian
government, and after establishing its
fast steamship line would run a special
Canadian Pacific train in England be-
tween London and Liverpool.
Il could die in peace" We're Sir Will
liam's words, eff l could see a Canadian
fast Atlantic line in connection with the
Canadian Pacific railway an accom-
plished fact. My plan would be to have
two fast passenger ships run to Quebec
would carry freight to Montreal and
ships would carry freight to Montreal
st. John. The Canadian Pacific train
would run out of Euston station in Lon
don to Liverpool. No expense would be
spared to make it the finest train in the
world. The name of the Canadian Pacific
would appear on all the coaches. Every
thing would be done to impress travel
ers with the idea, that they were on a
Canadian train. On every ticket sold
we would guarantee connection. Whether
the traveller was pound for points in
anada or the United States. or for Yo-
kohama, Hong Kong or Australia, we
would guarantee hat there would be no
delays. On the Atlantic we would have
tho + octnCt Ctaa ~ chipc ofnnt chjpc of
greater speed than those that run to
New York, and superior to them in every
way. The result would be much the same
on the Atlantic as it has been on the
Pacific, where since the Canadian Pa
cific began it's line from Vancouver to
Japan, we nave taken practically the
entire passenger business away from the
American lines to San Francisco.
Before this can be accomplished an
arrangement must be made by which the
Canadian Pacific rains can meet the
ships at Halifax, and the Canadian Pa
cific must nave such control over the
railway between st. John and Halifax
hat We can absolutely guarantee hat no
delays will a k place. If the Canadian
Pacific owned the Intercolonial there
would be no delay whatever. The whole
line from London to Yokohama, Hong
Kong and Australia would be under one
management
Continuing, Sir William said he be-
lieved the people of Canada would APP
prove of the purchase of the Intercolonial
by the Canadian Pacific. 1.-THE govern
ment railway accounting said Sir Will
Ham,, "is so prepared that the people do
not appreciate the large amounts that are
continually being: spent OF capital ac-
count If the government woul lease
the line to the Canadian Pacific for a long
period of time the Canadian Pacific
would be willing to guarantee that
the Intercolonial would cost the peo-
pie of Canada nothing in the future, that
the maximum rates would never be
higher than the present rates, and that
the government should have power to
regulate them and reduce them under
certain conditions. If the Canadian Pa
cific had the Intercolonial, it would I'M
dertake to establish a fast Atlantic SER
vice for a subsidy of $3.50, 900 that would
be superior to anything yet seem. The
loss now sustained by the government in
the equipment and operating of the Inter-
colonial is about as great as the subsidy
required for the fast Atlantic service,
and as this loss would be avoided by a
lease to the Canadian Pacific, the sub
sidy would not add to the burdens of the
Canadian people"
New York, Sept. 12.-Extensive circula-
ton has been given to a rumor that the
Chicago & Alton, the Illinois Central and
the Union Pacific railroad have anfarpd