"Again, The Colonial Government Having Really, In Spite Of All The
Jobbery And Political Capital Alleged To Have Been Perpetrated
And made
in connexion with this concern, made great sacrifices in its behalf, is
not likely, having got the Railway
Planted on its own soil, to be ready
to give much more assistance to this same undertaking.
"That the discipline and traffic of the line could be easily put upon a
sound basis, that that traffic could be vigorously developed, that the
expenses, except always those of repair and renewal, could be kept
down, and that friendly, and perhaps improving and more beneficial,
arrangements could be made with the local government - is matter, to me,
of little doubt. Any man thoroughly versed in railways and quite up to
business, and especially accustomed to the management of men and the
conduct of serious negotiation, could easily accomplish this. But after
all, unless I am very much deceived, all this will be insufficient, for
many years to come, to satisfy the Shareholders; and I should not
advise Mr. Glyn or Mr. Baring to tie their reputations to any man,
however able or experienced, if it involved a sort of moral guarantee
that the result of his appointment should be any very sudden
improvement, of a character likely much to raise the value of the
property in the market, which unfortunately is what the
Shareholders very naturally look at, as the test of everything.
"To work the Grand Trunk as a gradually improving property would, I
repeat, be easy; but to work it so as to produce a great success
in a few years can only, in my opinion, be done in one way. That way,
to many, would be chimerical; to some, incomprehensible; and possibly I
may be looked upon myself as somewhat visionary for even suggesting it.
That way, however, to my mind, lies through the extension of railway
communication to the Pacific.
"Try for one moment to realize China opened to British commerce: Japan
also opened: the new gold fields in our own territory on the extreme
west, and California, also within reach: India, our Australian
Colonies - all our eastern Empire, in fact, material and moral, and
dependent (as at present it too much is) upon an overland
communication, through a foreign state.
"Try to realize, again, assuming physical obstacles overcome, a main
through Railway, of which the first thousand miles belong to the Grand
Trunk Company, from the shores of the Atlantic to those of the Pacific,
made just within - as regards the north-western and unexplored district
- the corn-growing latitude. The result to this Empire would be beyond
calculation; it would be something, in fact, to distinguish the age
itself; and the doing of it would make the fortune of the Grand Trunk.
"Assuming also, again I say, that physical obstacles can be overcome,
is not the time opportune for making a start? The Prince is just coming
home full of glowing notions of the vast territories he has seen:
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