The Canadian Commonwealth by Agnes C. (Agnes Christina) Laut
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page 12 of 266 (04%)
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days sold down to forty cents, and oats to twenty cents, and potatoes
to fifteen cents, and fine cattle to forty dollars, and finest horses to fifty dollars and seventy-five dollars. Fathers of farmers who to-day clear their three thousand dollars and four thousand dollars a year could not clear one hundred dollars a year. Commerce was absolutely stagnant. Canada was a federation, but a federation of what? Poverty-stricken, isolated provinces. Not in bravado, not in flamboyant self-confidence, rebuffed of all chance to trade with the United States, the new Dominion humbly set herself to build the foundations of a nation. She did not know whether she could do what she had set herself to do; but she began with that same dogged idealism and faith in the future which had buoyed up her first settlers; and there were dark days during her long hard task, when the whiff of an adverse wind would have thrown her into national bankruptcy--that winter, for instance, when the Canadian Pacific had no money to go on building and the Canadian government refused to extend aid. Had the Kiel Rebellion of '85 not compelled the Dominion government to extend aid so that the line would be ready for the troops every bank in Canada would have collapsed, and national credit would have been impaired for fifty years. Meanwhile, a country of less than four million people set itself to link British Columbia with Montreal, and Montreal with Halifax, and Ottawa with Detroit, and the Great Lakes with the sea. The story is too long to be related in detail, but on canals alone Canada has spent a hundred millions. Including stocks, bonds, funded debt and debenture stock, the Dominion railways have a capital of $1,369,992,574; and the country that had not a foot of railroads, when the patriots fought the Family Compact, to-day possesses twenty-nine thousand miles of trackage,[2] three transcontinental systems of railroads and threescore |
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