FREE BOOKS

Author's List




PREV.   NEXT  
|<   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133  
134   135   >>  
c. Fleets of steamers, on the Pacific coast, on the Great Lakes, and on the New England route, filled in gaps in its lines. Modern car-ferries crossed Lake Ontario and Lake Michigan, as well as the river Detroit. Elevators, it has been noted, were built at strategic points on the way from the wheat-field to the sea. Magnificent hotels were opened at Ottawa, Winnipeg, and Edmonton, with more rustic resorts in the parks along the route. Tourist traffic was stimulated by lowered fares and alluring advertising. [Illustration: Grand Trunk System, 1914] The Grand Trunk of 1914 was a much greater factor in the life of Canada than the Grand Trunk of 1894; it had become nation-wide in its interests, and had shaken off the unfortunate traditions of its earlier stagnant {219} days. Difficult tasks still faced it: the building up of the traffic of the far north would demand ceaseless effort, and when the wheel of time should bring round slackened business once more, it would call for all its powers to make ends meet in face of rising wages, taxes, outlays of every kind. The record of the recent past gave assurance that the need would be met with courage and alert endeavour. [1] One recent acquisition, the Toronto Belt Railway, to meet a rental of $19,000 and working expenses of $22,500, had gross receipts of less than $5000 a year. [2] The Chicago, Milwaukee and Puget Sound, a high-grade road built to the Pacific coast at nearly the same time, was capitalized, it may be noted, at $157,000 a mile, or nearly $70,000 a mile more than the cost of the Grand Trunk Pacific and National Transcontinental. {220} CHAPTER XII SUNDRY DEVELOPMENTS The Canadian Pacific--The Great Northern--International Connections--Government Roads--The Intercolonial--On to Hudson Bay--Opening up New Ontario All the restless activity upon the part of its older and its younger rival did not rob the Canadian Pacific of the place it had held in the life and interest of the Canadian people. With a confident assurance based on the extent and the strategic location of its lines, the imperial richness of its endowment, and the proved efficiency of its management, it pressed steadily forward until it became the world's foremost transportation system. The unbroken success and the magnitude of the operations of the Canadian Pacific in this period are almost without precedent in railway annals. By 1914 it had under its control m
PREV.   NEXT  
|<   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133  
134   135   >>  



Top keywords:

Pacific

 

Canadian

 
strategic
 
traffic
 

assurance

 
recent
 

Ontario

 
National
 

Transcontinental

 

Hudson


CHAPTER
 

SUNDRY

 

International

 

Connections

 

Government

 

Intercolonial

 

Northern

 

Fleets

 

DEVELOPMENTS

 

receipts


expenses
 

Railway

 
rental
 

working

 

steamers

 
Opening
 

capitalized

 

Chicago

 

Milwaukee

 

activity


system

 

transportation

 

unbroken

 

success

 

magnitude

 
foremost
 

forward

 

steadily

 

operations

 

annals


control

 

railway

 

precedent

 

period

 

pressed

 
management
 
younger
 

restless

 
interest
 

richness