(Translation. I doubt very much whether the Canadian Pacific Railway would be willing to give up that road for a less amount than it cost them ; especially when it is considered that the Canadian Pacific Railway stock which a few years ago sold at 25 cents is now quoted at $1.25.
From Fort William to Winnipeg, the distance is 425 miles, and the expenditure on that section would not be less than $15,000,000. From Winnipeg to Edmonton, the plan would he to build a road by means of a subsidy, as stated by the hon. leader of the opposition. That subsidy should not be less than $33,000 per mile, and the distance being 1,000 miles, that scetion would entail an expenditure of $13,000,000.
From Edmonton to Port Simpson, on the Pacific coast, the distance is GOO miles.
These six hundred miles would have to be constructed. According to the estimate of the hon. member for Lanark (Mr. Haggart), that section would come to $30,000,000 at least. These various amounts total up to $104,S00,000 ; and in case the section of the Canadian Northern from Fort William to Winnipeg had to be acquired, as hinted by the leader of the opposition, $10,000,000 more would have to be added, which would make the total amount $114,800,000.
That is the lowest figure at which the scheme propounded by the Conservatives could be carried out. It may not be out of place, Sir. to mention right here that should the proposal of the hon. leader of the opposition be taken up, the country would have to buy existing lines to the amount of $07,000,000. Will the Conservative lender say to whom the $07,000,000 would go ? Would they be spent for the benefit of the people, the labourers, the manufacturers ? No, the country would pay that enormous amount to great railway corporations.
We have figured out the cost of the opposition scheme at $114,800,000. But that is not all. At this point of his statement the leader of the opposition, noticing, no doubt, some signs of surprise on the part of his neighbour, the member for Jacques Cartier, a surprise mingled with sadness and verging on despair, must have said to himself : My colleague from Jacques Cartier should have his sop, and what did he offer him ? A short colonization railway from Quebec to Winnipeg, covering only 1,400 miles. And thinking that might be heavy to stomach, the leader of the opposition was careful to state that such a road should be built cheap. I assume he means by that about $20,000 per mile. That would be $28,000,000 for the section from Quebec to Winnipeg, to be constructed cheap, piecemeal, at the rate, say, of about twenty miles a year, and which it would require seventy years to complete.
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