Abstract

The Week

January 10, 1918 issue

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The article focuses on the takeover of the Canadian Northern system. It was taken over in accordance with the decision of Parliament, giving Canada a total trackage of 14,000 miles under the government control. Only two great systems, the Canadian Pacific and the Grand Trunk with the Grand Trunk Pacific, will be wholly in private hands; and some time ago the government commissioners investigating the railway problem advised the taking over of the Grand Trunk. Even if this were not done, the unification of the whole mileage could be accomplished by simply making the government responsible to the stock-holders for the continuance of dividends of recent years.

See Also:

CONSOLIDATION & merger of corporations; CANADA -- Politics & government; EXECUTIVE advisory bodies; RAILROADS; TRANSPORTATION; DIVIDENDS; CANADA
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