Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-06-24

also located there; and the company sought to i'm
pose on them its CALLING yoke and rule them with
It's ant1quated laws The result was the first Riel
rebellion, the intervention of Canada and the in
evitable disappearance of the company as govern
ing power. Hencetorth it to restrict itself to
commercial corporation, giving up all claims to
administrative authority, or to possession of the
soil, save certain round each of its trading
posts and to one-twentieth of the area of the So
called FERTILE Belt, the best wheat growing
This latter concession has proved immensely pro-
duct1ve to the company, because of the boom in
farm lands recent years. and its sales have been
enormous, and at constantly enhancing rates When
the Canadian Pacific chose Winnipeg as its western
headquarters twenty years ago. the company
realized over two million dollars on the sale of a
portion OF its realty within the city and suburbs
which being applied to the reduction of the capital
stock, brought it down to six million FIVE hundred
thousand dollars. Since then further accretions
from similar sources have enabled it to be reduced
to an even one million pounds, in one hundred
thousand shares of ten pounds each. But every
share IS now worth twice its face value and it is
next to impossible to procure any in the open
market SO jealousy they held by those fortunate
enough to possess them
Two Million From Furs
THE company has about two hundred and ff-
teen posts, stretching from the Atlantic seaboard
OF Labrador to the remotest section of the Mackenzie
delta on the confines of the polar at the inner
boundary OF Alaska and being represented likewise
at all lters of Importance in the Northwest
whether reached by rail- trail travos. The
on lake and stream to reach outlying posts carving
large cargoes of stores for the settlers daily
striking north through the wheat belt and convey
ing back the peltres obtained from the Indians and
Eskmos still farther beyond. The total annual
realizations from the fur trade are about two mil
lion dollars, despite the settling of much of
the country, and the profit on this branch of the
business is about twenty five per cent.
The flavor OF romance still fingers round Hudson
Bay from the remarkable story of the present gov
ernor OF the company, Lord Strathcona and Mount
Royal. He began his career when boy of sixteen at
Mingan, post in farthest Labrador, and remained
in that icy inferno for thirtyfve years leaving his
post only once in that time, to walk to Montreal a
journey of over three thousand miles each way
to consult oculist. He reprimanded for
this and ordered back, and on the return trip his
two halt-breed companions persisted in a terrible
storm, while he barely escaped. He amassed
comfortable fortune each factor is admitted into
partnership after fifteen years service and being
suddenly elevated to authority proved his executive
qualities, joined in the construction of the Canadian
Pacific Railway, and is now peer of Great Britain
and SO many times millionaire that he could
afford to raise, equip and pay a regiment of
Canadian cavalry, known as Strathcona's Horse
six hundred strong for service in the Boer War.