The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1901-11-06
Pres't Shaughnessy Talks of
Oriental Trade.
HE'S MUCH INTERESTED
But, Is Willing to Let the Great
Northern Experiment.
4NTAGE OF ALL WATER ROUTE
May IS Too strong for Rail and
Water "-npetitiOn-ROyaI
Train Coming Here.

President Thomas ]. Shaughnessy, of
the Canadian Pacific railroad and a direc-
tor of the 500 line, said to-day that the
management Of the Canadian Pacific is
not exceedingly enthusiastic over the
prospects Of transporting the heavy prod
ucts Of this country from eastern points
to the orient by rail and water route in
competition with all water transporta-
tion. He said that he was much interest
ed in J. J. Hills experiment and hoped to
see it succeed. but at the same time in
ttmated that he was perfectly willing that
Mr.. Hill should make the experiment
President Shaughnessy arrived in the
city last evening accompanied by his wife
and daughter. Most of the day he spent
in conference with President Thomas
Lowry and General Manager Pennington
of the 500. To T b e ourna he said:
The entire continent is interested in the
future of Asiatc trade. All of the trans
continental lines will undoubtedly make an
effort to secure their share of the business,
the Canadian Pacific among them. We like
competition and believe in being on the
ground early. Our steamship lines to the
orient have been thoroughly established for
years. L Dell6NS IudI we nave QaQ the DeSL
steamship service on the Pacific for eleven
years. We have recently added a new steamer
to our line and will increase the service as
the demands of the business warrant. We
have not gone into ecstacies over handling
the heavy cheap traffic destined for foreign
points by rail and water route as opposed to
the all water service. / mean such products
as steel and construction material produced
in the east. 1 shall watch Mr.. Hills expert
with dna1 M inf chaf1
be pleased to see it demonstrated that rail
and steamship combination can compete sue
cessfully with the all water route in handling
the lines of traffic l have mentioned
Hill and the Trans-Siberian
President Shaughnessy took no stock in
the reports that the Hill railway inter
ests and the Trans-Siberian interests had
formed an alliance of any kind. The fact
that American railway men were inspect
ing the Siberian line was not significant.
The Canadian Pacific had a representa-
tive inspect the entire line, but Mr..
Shaughnessy said that this was only to Sc
cure information on the prospects Of Grade
with Siberia. -.-..
Il don't see why continued President
Shaughnessy 'the United States and
Canada cannot supply the territory trav-
ersed by the eastern section Of the ST.
berian line with all that 1t needs. Up to
date, however, the shipments from Pacific
ports into that country have not been
very large.
1--WE expect that the new Australian
cable, which will be extended as time goes
on, will be of assistance to US in develop
ing our trade with that country. The
route has been surveyed and the cable
ought to be ready by the last of next year.
The Canadian Pacific has no important
extensions in prospect. We have a steady
policy of extending our lines into new
territory as rapidly as business condi-
tions warrant. We built 300 miles of new
line this year and will probably construct
about the same amount next year The
Canadian Pacific has no intention of
building a Hudson Bay line. l do not
think that the present generation will see
such line built. We have investigated
the proposition but do not regard it
favorably.
500 Management Approved.
President Shaughnessy would not dis
cuss reciprocity or other matters of a
political nature. He incidentally made
the remark that the Canadian Pacific rail-
road held entirely aloof from politics.
Regarding 500 line affairs, he said that
he was but a director. New York re-
ports of prospective changes in 500 line
management he said were without foun-
dat1on. The management of the 500 line
was most satisfactory. The prospects of
the property were good. In general way,
he said that the twin cities were the
points on which the 500 centered. The
system already had a large mileage, but
from time to time it would be forced to
build new extensions, which would in
crease the Importance of It's terminal
points, Minneapolis and st. Paul.
President Shaughnessy said that the Ca
madam Pacific would send the royal train
which carried the Duke and Duchess of
York through Canada across the northern
part of the United States. 1t will come
over the Northern Pacific from the coast
and go east by the 500 line and other
roads.