HISTORICAL EVENTS THAT TOOK PLACE ON THIS DAY IN CANADA
Sir George Stephen (1829-1921)
C.P.R. Agreement Signed
The building of the C.P.R. transcontinental is one of the most fascinating stories in Canadian history, and many books have been written about it. The present C.P.R. is the third company by that name. The agreement creating it was signed in London, England, on September 14, 1880.
The first C.P.R. was organized by Sir Hugh Allan of Montreal, but was disbanded when it was discovered that he had contributed a large sum of money to Sir John A. Macdonald and other members of the Government for an election campaign. The Macdonald government had to resign and was out of office for five years. Strangely enough, the man who struck the final blow forcing the Macdonald government to resign was Sir John's old friend Donald A. Smith, who had been his emissary in dealing with Louis Rid during the Red River uprising (sec January 19).
When the present C.P.R. company was formed in 1881, Donald Smith could not be included among the board of directors because he had defeated the Macdonald government. He and George Stephen of the Bank of Montreal had made a fortune from the St. Paul and Pacific Railway in the United States, al though it had gone bankrupt. George Stephen was president of the new C.P.R. and one of the directors was John Rose, a lifelong friend of Macdonald's. When they were young they had put on shows in the United States in which Rose acted as a dancing bear while Macdonald provided musical accompaniment. There was more profit in railway building.
The House of Commons passed the C.P.R. bill on February 1, 1881. It gave the company $25 million, and 25 million acres of land for development. The C.P.R. was also given 710 miles of railway that had been built by the Government at a cost of nearly $38 million.
The transcontinental was completed on November 7, 1885, at Craigellachie, British Columbia. Once again Donald A. Smith got in the final blow. By this time he had become one of the directors, and as such, he was given the honour of driving home the last spike (see November 7).
OTHER NOTABLE EVENTS ON THIS DAY IN CANADIAN HISTORY
-1535 Cartier discovered Stadacona (Quebec) on his second voyage up the St. Lawrence.
-1758 The British were defeated at Grant's Hill.
-1763 The British were defeated at Devil's Hole by the Seneca Indians.
-1853 Lady Head turned the first sod of the European and North American Railway designed to serve Nova Scotia, New Brunswick, and Maine.
-1926 The Liberal government, led by Mackenzie King, defeated the Conservatives under Arthur Meighen.