North America — Volume 1 eBook

This eBook from the Gutenberg Project consists of approximately 503 pages of information about North America — Volume 1.

North America — Volume 1 eBook

This eBook from the Gutenberg Project consists of approximately 503 pages of information about North America — Volume 1.
that dinner any way ready?” he asked again.  “I guess it is,” said the landlord.  And then the stranger went out to see after his dinner himself.  When we started, at the end of an hour, nobody said anything to us.  The driver “hitched” on the horses, as they call it, and we started on our way, having been charged nothing for our accommodation.  That some profit arose from the horse provender is to be hoped.

On the following day we reached Montreal, which, as I have said before, is the commercial capital of the two Provinces.  This question of the capitals is at the present moment a subject of great interest in Canada; but, as I shall be driven to say something on the matter when I report myself as being at Ottawa, I will refrain now.  There are two special public affairs at the present moment to interest a traveler in Canada.  The first I have named, and the second is the Grand Trunk Railway.  I have already stated what is the course of this line.  It runs from the Western State of Michigan to Portland, on the Atlantic, in the State of Maine, sweeping the whole length of Canada in its route.  It was originally made by three companies.  The Atlantic and St. Lawrence constructed it from Portland to Island Pond, on the borders of the States.  The St. Lawrence and Atlantic took it from the southeastern side of the river at Montreal to the same point, viz., Island Pond.  And the Grand Trunk Company have made it from Detroit to Montreal, crossing the river there with a stupendous tubular bridge, and have also made the branch connecting the main line with Quebec and Riviere du Loup.  This latter company is now incorporated with the St. Lawrence and Atlantic, but has only leased the portion of the line running through the States.  This they have done, guaranteeing the shareholders an interest of six per cent.  There never was a grander enterprise set on foot.  I will not say there never was one more unfortunate, for is there not the Great Eastern, which, by the weight and constancy of its failures, demands for itself a proud pre-eminence of misfortune?  But surely the Grand Trunk comes next to it.  I presume it to be quite out of the question that the shareholders should get any interest whatever on their shares for years.  The company, when I was at Montreal, had not paid the interest due to the Atlantic and St. Lawrence Company for the last year, and there was a doubt whether the lease would not be broken.  No party that had advanced money to the undertaking was able to recover what had been advanced.  I believe that one firm in London had lent nearly a million to the company, and is now willing to accept half the sum so lent in quittance of the whole debt.  In 1860 the line could not carry the freight that offered, not having or being able to obtain the necessary rolling stock; and on all sides I heard men discussing whether the line would be kept open for traffic.  The government of Canada advanced to the company

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North America — Volume 1 from Project Gutenberg. Public domain.