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A Thousand Blunders: The Grand Trunk Pacific Railway and by Frank Leonard

By Frank Leonard

In one thousand error, Frank Leonard appears at why the 'Road of 1000 Wonders' didn't stay as much as the expectancies forecast via corporation president Charles M. Hays and different senior managers. not just used to be the railway equipped via a carefully settled quarter, which generated little instant site visitors, yet its fiscal problems have been additionally compounded by means of the various errors made through managers in any respect degrees: for instance, their failure to reply effectively to labour shortages triggered severe delays and avoided the corporate from proving Prince Rupert as an efficient replacement harbour sooner than international conflict I broke out. For this e-book, Frank Leonard had entry to a wealth of unique files, between them the GTP felony division documents, delivering him with insights into the selections that shaped the root for regulations in townsites and on Indian reserves. 1000 errors is a provocative account of 1 of the best mess ups in Canadian entrepreneurial historical past. Richly targeted and carefully documented, it makes a major contribution to the fields of railway and enterprise heritage, in addition to to the examine of the historical past of northern British Columbia.

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Additional resources for A Thousand Blunders: The Grand Trunk Pacific Railway and Northern British Columbia

Sample text

Thus, it did not require an immediate return from the land it acquired. '15 On the matter of the disposition of land, more to the GTP president's liking was the report of an engineer-promoter on the Nebraska townsite operations of one of the Burlington lines. This gentleman declared that the creation of a separate townsite company shielded company officers from the inevitable hostility of local interests suffering as a result of company decisions to locate the line and townsites. With judicious advertising and the selection of'better businessmen,' sales of townsite lots went smoothly.

100 On the issue of reversionary interest, GTP vice-president William Wainwright's breathless announcement that the company would 'go to the limit to cooperate' was not inaccurate. 101 48 A Thousand Blunders Although the GTP had conceded much, the company's Ottawa lobbyist maintained that the agreement was better than he expected: 'We are in far better position in the Province of British Columbia than we could have hoped for many years if our negotiations had fallen through and litigation had ensued ...

In fact, Morse sought to bring the GTP to the Santa Fe practice of integrating townsite sales into the operation of the railway by concentrating on creating a nucleus in each community, a nucleus that would provide traffic for the road rather than touting boomtowns. Hays, emulating the example of the Burlington and others, however, demanded a more immediate return. ' An immediate, high return on townsite lot sales 'would establish a very strong basis for our issue of bonds which should then sell at a good price and furnish us capital for additional development purposes ...

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