The Credit Valley Railway

Author : Credit Valley Railway George Laidlaw
Publisher :
ISBN 13 : 9781330487808
Total Pages : 26 pages
Book Rating : 4.4/5 (878 download)

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Download or read book The Credit Valley Railway (Classic Reprint) written by Credit Valley Railway George Laidlaw and published by . This book was released on 2015-06-29 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Credit Valley Railway The Credit Valley Railway Company has submitted a Petition to the Lieut. - Governor in Council. Together with the Petition, the Annual Report and a statement by the President and Directors were submitted to His Honour. These last will be found in the Appendix, as will the main features of the Petition, which, having called attention to the cheapness and excellence of the line, the rapid progress which has been made, and to other considerations, submits that the minimum rate of Provincial aid to Railways - namely, $2,000 per mile - has been proved to be wholly insufficient, and begs that the subsidy may be increased to $3,500; and that a further subsidy of the same amount may be granted for the portion of the railway Dot hitherto aided, and that less onerous conditions should be imposed - as, for instance, that payment should be made on completion of 10 or 20 miles of continuous grading, providing it were done at such points on the route as would make continuous connexion with existing lines of railway. These requests will not seem extravagant when the whole situation is taken in. Mr. Potter, the President of the Grand Trunk Railway, has aimed his cannon at Canada, and from the column of the Times, where Baron Grant's schemes used to be puffed, he seeks to shell the credit of the country. Nor has he been wholly unsuccessful, though his machinations have resulted in a spirited policy on the part of the Quebec Government, which will bring about with more speed and more certainty one of the events he sought to prevent taking place. He has been able to damage railway prospects in the London market; but his policy was shortsighted. Mr. Mackenzie has shown what ho thinks of the matter; and it is not likely that the Government of Ontario, any more than the Government of Quebec, will sit quietly by while Mr. Potter acts as if Canada was made for the Grand Trunk, instead of the Grand Trunk for Canada. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.