The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-07-07
RAILROADS.
The c. P. R. CUTS IN
Significance Of Announcement of a
Possible New Oriental Rate
Schedule.
The Canadian Road Believed to Be
After Some of MI.
Hills Pie.

Special to The Journal.
New York, July 6.-The announcement
Of Vice President Bosworth of the Cana
dian Pacific that his road Is considering
the establishment of new freight sched
ule on products of the Canadian northwest
and Pacific coast to oriental points has not
attracted by any means the attention it
deserves. In point of fact it appears
about the most important traffic an
nouncement that the officials of the Cana
dian Pacific have made in the current
year.
The announcement means that the Ca
madam Pacific is contemplating plan to
forestall Mr.. Hill in his plans to attract
the products Of the orient to the Puget
sound ports and to open the markets of
the orient to the products of the American
middle west. In other words, the Cana
dian Pacific will try to put Winnipeg in
the position planned by Mr.. Hill for Min
neapolis and Vancouver in the place
planned by Mr.. Hill for Seattle.
1t is not to be thought that the depar-
ture is radical, for it stands to reason
that the reductions would have became
necessary anyway, when the wholesale
plans of Mr.. Hill were completed, or even
we'll begun. If the Great Northern makes
a rate from Minneapolis to Yokohama on
bale OF cotton goods it stands to rea-
son that the Canadian Pacific will find
the same goods to the same point. The
Canadian Pacific is simply planning to
make the reductions itself, thus securing
the advantage of being first in the field
with the reduced tariffs.
The incident emphasizes the relationship
in which the Canadian Pacific stands to
the northern roads, and the mutual bene-
fits that the producing and consuming
publics of both the orient and the north
are likely to derive from the ambition of
both roads to establish a great trade in
| the orient. 1t is pretty we'll known that
the Canadian Pacific has had it's agents
in Japan, China, Russia and Australia
constantly at work for the past five years,
and the result Is to be seen in the gradual
growth Of the Pacific fleet, eliminating in
! the present determination to double the
capacity Of that fleet within the next two
years. o.. '...-- ,..
In the meantime Mr.. Hill has entered
into the oriental freight situation with q
! vengeance, planning to capture a far
greater traffic than the Canadian Pacific
| His agents have made considerable head.
! way the past two years, and most of the
coast cities of China have been pretty
| thoroly canvassed. r. ~
! The rate problem is made more complex
by the fact that the Pacific Mail, the Jap.
anese Line and the China commercial flee
out of San Francisco are also bidders fol
the trade Of the cities of China and Japan
| and that the last named line has certain
powerful interests, political and national
| behind 1t in its bid for Chinese trade
| The owners and promoters of this com
pany are among the. most powerful cap
| italists Of the orient, and many Of then
| have business connections in centra
China that assure to the line a certain
| amount Of tonnage no matter what thu
! other lines may do. This favored position
! makes the new company very serious
| factor in the situation at the outset, tho E
will not be Of SO much account in the Ions
: run, owing to the fact that the Chimes,
company has no railroad connection In tn,
United States and is not likely to be abb
to secure one.
! The China Construction company, will
which w. B. Parsons of New York Is in
| tinately connected, Is building severa
thousand miles Of road In the southern
section Of the Chinese empire. The region
lying northwest of Picking, one Of tn,
richest mineral and grazing territories IL
the orient, is being opened up by British
and American capitalists combined ii
small companies. >
| Mr.. Hills latest scheme Of introducing
wheat bread into China Is not taken yer,
| seriously as yet in railroad circles. It i
pointed out that when China takes t.
wheat 1t will probably begin to grow 1t
Reports from Canadian Pacific agent
seem to indicate that there is little pros
pect Of the country ever becoming Gus
toner for the wheat of either the Ameri
can or Canadian northwest, as the valley
of China are excellently adapted to be
come wheat countries themselves.