r will render that delay and cost more
unpopular. And yet to get that trade the Great Western Railroad of
Canada have permanently invested $750,000, in the Detroit and
Milwaukee Railroad, and recently loaned a half a million more,
demonstrating the idea I shall advance, that to make good present
investments more means can be had. The State of Michigan itself will
furnish a good trade to roads through it and to roads east of it.
"The Straits of Mackinaw is the great natural ferry of about four
miles wide for roads of Michigan and Canada to centre, the point
necessarily for the passage of lake commerce, and for a large
population north of it to cross, naturally attracting and combining
elements of great importance to railroads.
"Land grants are now made to the straits from the south. The Grand
Trunk and Great Western Railroads of Canada can go to the Straits of
Mackinaw, aided by those grants. The Ottawa and Huron Railroad to Saut
St. Mary, may also go to the Straits, aided by land grants from Saut
St. Mary. From there the three Canadian railroads, aided by land
grants yet to be made, can go to Crow Wing or near there, and there
form a junction with the Chicago roads--thence to the Pacific, aided
by land grants.
"By affording the Canada interest a chance for a portion of the
Pacific trade, and thus making present Canada investments profitable,
it is made the interest of foreign capitalists to make our Northern
Pacific railroad.
"This protective interest to Canada railroads is the greatest
inducement to be offered them.
"They will not invest in the road beyond Crow Wing, simply for the
sake of grants of lands, made valuable only by the outlay of their
money; even should the lands finally redeem the previous outlay for
the road, that is no object, because the road will not pay more than
cost of running and sustaining it, and if it should some beyond that,
it will be frittered away by bad management and stealing. At least it
is fair to suppose so, and hence they must be assured of enough of
land grants to finally make the road, which of itself will pay
nothing, only in the way of affording the roads east of Crow Wing,
owned by them, fair dividends. This consideration will of itself
induce them to furnish capital to the Pacific, and it is in the power
of the government thus to interest them. No other proposed route can
claim foreign aid because of such good reasons. Our government can aid
only in lands; in valuele
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