ioto our hands. What have we to say itr ment from analogy will he that our road
reference to this ? Will the road be a dead will mt be a e security, but a `pai
security oralivi a nd paying se?urity ? and constantly increas'ng payinginvestment.
We have but ttree things to go upon. We Then we are to tka tlhe elenent of proa-
have experience in the first place. What is bility in. 1 stared to maie a calculatiO1
thatexjperience ? In 1882, the gross receipts just about th tie t pe a took his
?f the Canada Pacifie Rai way were $2,449,- Chair. I'als exceedingly orry, lo; at
824. In 1883 they were ,420,91 d the he ,4ou,91a aountry' advntae and th, engh ei-
net of nine months' traffi comes to pretty ment of this House whrch would havw bein
. poesible thatfhe Speaker took his Chair as
NEARLY A MILLION OF DOLLARS. l ible, that; '" ' ' : t
early as he did, before I had an opportunity
I think tAat, so far as the road between the of completing that i intures lationg c u
Rocekjy ountains and Port Arthur, added I`but I will give you the germ of the calul
on to theroad between Algoma Mills ind tion, and lion. gentlemen can work it,out
Sudbury Junction and Montreal, is concern- themselves. r said to myself, is it too
ed, it settles the fact conclusively that. that r much to ask, is it too much to think, that,.
portion of the road at least is a paying during the nextten years, we sall have at
.property and will give a net earning over least 50,000 people yearly thrown into our
.and above all expenses. We have only to Nortb West? Doesthatappear reasonable
.ask ourselves tuis question : whether, when 'to the members ofthis House, . that, during
that line ofcommunication between Sudbury the next ten years, an average of 50,M0'
Junction and Port Arthur, around.the north peeple a year will enter that country? Dioes
of Lake iiperior,isfiUedin,andwhen thegap it appear reasonable to say that, of that
acrom the the Rocky Mountains to Kam- 50.000, 40,000 will belong to the agricultural
loeps i9 filed in, and the whole trade of the clasaes ? I believe it is not unreasonable. is,
countrynhas a chance to extend and grow itunreasonable to say that, of thse 40,000,
u pon this line, we think,in the light ofthepast one out of four will hold a farm; that isthat
experience of the road, this will be a paying out of that number of people, there will be
road.or mwi involve us in expense ? I believe 8,000 farmers, and that each of these will
it will pay for its running and give a profitia bring under culti!ation twenty acres of goed
net earnings every year. Have we anything grain lands each year ? If y;ou tak?e thati
|to bckup this contention ? Yes, we have and put it on the rate0of progs, and comt
the analo?y of th? roads I have mentioned it up for ten years, you will be nsed at
before. Take the Union Pacifie, and its the vista it opens up of producw.tiac,elerat-
"net earnin?s have rien from $5,000,000 and p.g and increasing production, which will
.odd in 1874, to $7i000,000 and odd in 1879, teed the line of traffic, and develop and
and, after th? counlidation, from 7 ,000,000 tmake prosperous a trade of the dimensions
and odd in 1879, to $12,000000 in 1882. of which we today can form no actual-can
Are the lands and the country and th? capa- scarcely form a probable-estimate. So i
bilities of the country through which our believe in the probabilities. Facts shoinffg
r'oad goes so infinitely inferier; is th? extent that today the road
'of country that is to ?be traver.ed which in PAI AsU WAX as Ir la uI Blt
gives otming to feed the line with trffie o probbmttf 1 n to b,oove t, . ,luge
infinitely gre?er in our qwn country,tbatwr e {csac will-. t"ple la" prod- n
can hope for this analo to have no force of.t ffie U form a bts fo3r td is
and weight when apptied to our own road? the future, I think are altopthr wit
I oelieve the reverse is the case. I believe the ma/k wim wm oonalude that that lnoe of
the eapacities and capabilities of our own rOd, .once bilt, will not be a lor to whor
lands through which our road runs; I believe i p teo a onwn d i l b. a M
the lesser tract of barren and tmproductive ome d a .o o . wOid
country which cannot feed the line oftravel; ef f,er a uo$ti2 3410247,0,
I believe the shorter lne following the I add tho W35,00G00 of stoLc, nt th ra3 o
meridian between the centres of traffic on the 60 per oat,, wbioh wil malre 21,000,0e --I
east and the centres of traffic upon the west, belle the eourity b ampl IJ belive tb
are immeasurably'in favor of our line, and I OM in aua onoarable and maoly wy ?ad"
believe, Sir, that if the before mentioned ;*Y, we wauot a lo whohyou mnaM giae.bt?
line shows such an increase in gross earning nad not elL to o ffe io tha rie s of
as it has; our own line iay safely be assert- ote; we imak the g for mutal =dva,
ed to be beyond the possibility of doubt and tgeq, and we tmt fo mtal bene/it to e
reasoning by analogy, a line thliat .will pay trw pat*t oooernd. Nowr, ir, th" exhuim
its way and about ti line of thought that I ooadmWi ' |
LEAVE SOMETHING TO THE NET. riUe an Melf, 3 a wi bto this _tolt t
Take the analogy of the Central Pacifie. pIn t n tof of??try thAt the
1871, the net earnings were $5,000,000 and trf ti .ixot d sa ib W t, , M|
.odd; in 1882, tbey have risen to $8,000,000 M "p,mM, hav -p ofraeS ro t * I
..and odd. Tak;e the Northern Pacifie, and arpoed puatow tBtsed tbooe.
in 1882 thros earnis were (5 "q,00 O f ji roo i M ing .b<?B?teve = l.
d odd, Ian n 188 they were $9 000,000, unthe e-,b * h yol mi
anda little more. Taking all this ato con- |Wd in a for ar~ wohh ahaU .
sideratio, I say the conclusion of the.argn- to th m aldrdgt e of the compLaz d