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PllOSPECTUS 
 
 or 
 
 f l)f l0rtl)-Dest Craiisj)0rtttti0it, 
 
 
 ,1 WT YS'^^ 
 
 f 
 
 AN0 
 
 RAILWAY COMPANY. 
 
 CHIEF OFFICE: TORONTO, CANADA. 
 
 TORONTO: 
 
 FEINTED AT THE GLOBE BOOK AND JOB OFFICK. 
 1858. 
 
 1 
 
lirectors : 
 
 W\r. Mfl). D.VWBON, Ksq.. M.P., PuKsinRST. 
 LKWIS MOFFATT. Ks(^., Vick-Pukhidknt. 
 
 SiK Aur-AN MoNab, Bart, 
 
 Al-L.VN Mcl'ONKLl-, K^. 
 
 .lofTN' McMniiRicn, Esq. 
 
 (rKORlIK Mr.VIlOK, ES([. 
 
 AVm. McMastkr, Esq, 
 K T. RrcHARDsoN, Esq. 
 A NGus D. McDovRLL,, Esq- 
 TiTOMVrt Dick, Es(i. 
 J. H. Broh.v, Kscj. 
 Adam Wilsox, Esq. 
 
 J. a. CiiAPAiH, Esq., M.P. 
 
 (J. n. SiMART), K«j., M.P. 
 
 .Idiin McLk.od. Erf((., M.P. 
 
 lUNAOK OlLL, PjSq.. M.P. 
 ("jKOUUE MiOltlK. Esq. 
 W. p. ITowi^AND, Ksq., 1\[.P. 
 J. l-:. Trn.WTK, Emii-, M.P. 
 
 (il'XUtOK (jJiAOMAN, i'Jwi. 
 
 Cj.ark llfti-'-, Est). 
 Wm. Kkx.vkdy, Esq. 
 
 (To be reduced to ten after the Firat General Meeting of Stockholden.) 
 
 Secretary,— ANGUB D. McDONNELL, Esq. 
 
 Solicitor,— ADAM WILSON. K^q- 
 
 BA.NEKRS— THE BANK OF UPPER CANADA. . 
 
 Capital Stock, for trade, tjriuisport and impron;nieut of 
 
 route - £100.000 
 
 W Uli power to increase the .'ame for t'le above purpose.? to . . 200,000 
 Ami fiirtlicr power of increase for Railway purposes, at the 
 rate of Ji:7.r)0() for every mile (after five miles) of Railway 
 coustructed Westward tVoiu Lake Siqjerior. 
 
 J) ^ V I D E 1) I N r J'^ I V E-P U N D SUA 11 E S. 
 
PROSPEOTUS. 
 
 This Company hut-. l)0(.'ii incorpurat-jd \>y an Act passsd du- 
 ring tho lato SoHsion of Parlianicnt.. which, aH may be seon, 
 coidV't'B the peciiliai privil()<^'t!H and extraordinary })Ower« ne- 
 cessary to onablc them to extend tljcir works according to the- 
 increa.se of tho trade and tho dovelopnient of tho reHources of 
 the country vvlion; their operations are to l)e carried on. 
 
 Tho first ol)joet tho Company have in view, is to <)])on out 
 the route froiulfjakc' Superior lo the fertile prairies of tho Red 
 River and tlio Saskatchewan. Th(.' present trade of these 
 countries is carried on by two opposite ronton, the one passing 
 Koiiie eiglit hundred miUjs, nearly due North, to York Factory 
 on Hudson's Ray nnd the other aboiit seven hundred miles, 
 nearly due South to St. Paul in the State of Minnesota, both at 
 right angh'S to tho general course and ultimate destination of 
 the trade, wliile tiie Lake Superior mnlo (now proposed to be 
 opened) passes between the other two, almost in a stiaight 
 line into the eojitro of the country. 
 
 It is needless to allude to tho practice of carrying goods 
 round by Hudson's Bay, from even within tho range of 
 Steam navigation on the St. Lawrence^ further than as an ex- 
 ploded system which has been kept up at a great expense to 
 suit a particular object, while the route by St Paul, instead of 
 being an injury or a rival — having as a main line, about 420 
 miles against it — will form a most important feeder to the line 
 of transport now proposed, which was tho first and only 
 highway when the trade of those countries was untrammelled 
 and found the natural outlet of a great^trafSc by this route. 
 
 The annual trade of which this route, when opened up, 
 must, in defiance of all competition, become the channel, ever; 
 in the present state of the country, amounts to nearly, halfi. 
 
c 
 
 iriil!i(»n of poiiii'ls in vtiliH\ iind tlii^, wWh tho nisli of KcltlciH 
 to tl\o f(;rtil(; pniiricK of tlio VVcht, which it In (.'vidcnl will iakc» 
 place Ihf luomriit it is mnde ]>rjirtical»h', vvill r«M|iiii'o nil the 
 ;iicariM of tniiiNport tho Compiiny lan create. 
 
 Tlii;4 Oominuiy had been prujected—ind* )ierid(>i)t of tlio dis- 
 covery of ,t,n)M (.11 Fi-iiser Kiver — with a vien to (he extension 
 'jf ilM ojXM-atioiis t'» the yh.ii'eH of the J'ueilie. 
 
 'I'hut di.scovery must, however, acwlerate oiu>nitionrt in Hint 
 <Jii'e(;ti<'iJ. ami it will be appanMii IVoiii a .^-laiiee at the map, 
 that with a (Viiaitariuively ;Miia11 oiithi.y in making- tin' portafjvH 
 praetieuldt! for whoehd veliielcs, wiili HiiiaJl steamers on the 
 luivijijable wutx'rs of ipiinv Liike ajid. Tliver, tlie Lake of iJie 
 Woods, tte., and the splendid navi.i^'able waters of Red JJivcr, 
 Lake Wiimipejn- and the SaNkateJiewan, this route can, even ho 
 :)ar)y as nexVSuinnier, be made the (jniekest, as it is by thou- 
 sands of mile-; the shortest way, ov(;r aiiy route now used, to 
 the f?old Jjelds. 
 
 The greatest present dinii;uUy of reach in <;• the gold district 
 .seems to be the asceirt of Fraser Kiver, and \iy recent accounts 
 it appears that a cir<;uitous route to the sources oi soine of its 
 tributaries, by which the parties descend to the g'old country, 
 has hocn found the moi;t practiealile, thus f-hewing an addi- 
 tional circumstance in favour of the t.^amxdian route, descend- 
 in}^ from the mountains, which arc commonly crossed on horse- 
 back fjom tlie Saskatchevvaji. 
 
 No rational man, at the present day, can tloubt the early 
 construction, either on Ikitl'^li or American territory, of a rail- 
 road to tln^ I'ac'.fic, commanding- the coninierce of Europe and 
 Asia, an event ;iot rendered more certain, though it must be 
 greatly expedited by the recent gold discoveries. This (Janadian 
 Company is new in advance ; it Tias tJie charter ; it com- 
 mands the posit on, and it depends upon the energy and judg- 
 ment of its proj(,'ctors, and the views of tliose who may be- 
 come stock-holders, — wliether, following with the construction 
 of a lailroad in tho wake of its pioneer operations in transport 
 and trade, — it shall in fact become the Piicilic Railway (.'(•m- 
 
[Kiny, .'(11(1 Nocurf' tlio Kixjcdy coiistriK'tio!) of timt, rriuMf, imji<»r- 
 taiiL ul'nulioiiul lii^^'hways within IJrif.iHli ItiTltovy. 
 
 In tlif! Iiuildiiii;" ol' 11 KiiiUsy, iutfivst nccmnulatoH af;'junfit 
 tbe coiiHtructioii iifconrit, ivithmit any ici-tipts inilil thr ••pen- 
 iiig" of tho road ;'))iitiri tliiH »indMtakiii;j;' tlii-ro will be rccj'ipts, 
 cuU'ulatod to koepdowii siudi n<;cuui"dati()n of iiitoroxj, evcu 
 during- tlic llvMt HoanonV oporutionft. Tluiro in u Htfarnbont now 
 on the roiitt to tho hoad of fjuko Superior, in connection with 
 a cano(; mail 8orvico throug-h to Hcd liivcr, and as noon as tho 
 r)orti])any ca<i rarry pii8H(!n;;orH, ov(mi to Red Ki\f"r, thV intcnBO 
 intercbt now taken in that part oftho couiiLry Ayill induce j. unr 
 bors to visit it, ihns, with tho mail Hcrvioo and traunport of 
 freight, yielding an i.inin<diate revenne. * 
 
 Nor ifl it the loaHt ]n-oniiHing feature, that for ■♦he enconragc- 
 meut of this enterprise, Parliament has granted (luMMirJit of 
 trading, not iis7aally accorded to (^ompaniis of this ki'id, by 
 which tho Cooipany will enjoy thoprivoligo of participuting in, 
 — while it \h nianifest they will have an advantage jver all 
 others in prosecuting the valuable trade of tho.se countrien, of 
 which, as soon as the i<nite is opened, they musl foi thcMnselvOH 
 or others, bi-coiYie the carriers. 
 
 The same may be said, as soon us the operations of tho 
 (Jonipany reach Fraser River, not only as regards passengers 
 and trade, and the transport of supplies, biitalsoa mail subsidy, 
 which will uiidoubt(dy be granted as soon is the route is 
 proved to be the quit.'kest. 
 
 The objects of the (Jompan3-, it will thus bo seen, ari.' three- 
 fold— 
 
 Ist. The ojiening of a route to tho rich )M'airic lands We-st 
 of Red River, and thence to Fraser River and Vancouvers Is- 
 land. 
 
 2nd. Participation in tho lucrative trade of lliorfo countries, 
 in which t)ie Company will have an advantage, as they must be, 
 for at least a considerable period, almost the solo carriers of 
 the exports and imports. 
 
8 
 
 ord. Tliccon«ti'iR;t.ion ol'u Railway, to bo coulinnod, afi curly 
 EH ^Mr(Mll^HtarlCt'^' will permit, to tlu! Parilic. 
 
 Tin; lirHt in u nocoHHary prt'lirniniiry to tho othor t^vo. Trmlo 
 may iiuUiotl hv t'i^inbiin'<l witli tlw wholi' pi'd^TOSH uftlio works. 
 ]iut thn rouHl ruction of a practical rmito is OHHCutial bolbro 
 .Kail way opcratioiiH coiiM be procooilt'd with. 
 
 One of'tlio j^v(!at (lriiwback8 to tlie conetniction of a J'acific 
 Ritilway tlirouj.rli the United States, consistK in tli<' diflicmlly of 
 access arising: IVoin the want of navigable waters beyoml tli(; 
 MiB-rissippi on tlio courso of any of the proposjui b'ncs, there 
 bein;^' a ^^-reat breadth cf urid eomitry to be traversed P^ast 
 of the Iveky Mountains, not practicable fur the transport of 
 suppb'es for the purpose of prosecuting the works at dilT'erent 
 points, su that operations could only be carried on from one 
 point aciy»rding as tho road was linished mile by mih;, and be- 
 came itMelf the means of carrying Ihe material tor its further 
 construction. 
 
 On tU'itish Trrrilovy, on the contrary, as soon as a few com- 
 paratively insignificant links of road are made to connect 
 navigable waters, there is at once a great highway, fit for 
 travel or the transport of heavy niaterial. 
 
 The operations propostjd for the following season, -and tho 
 amount required to carry them out, M'onld therefore bo as 
 fallows, viz : — 
 
 First. To construct the Portagf- roads between Lake Superior 
 and Red Kiver, in all 140 miles ofAvaggon road at £225 per 
 mile, that araoimt being found sulTicient to make the l'i\4 class 
 of unmacadamised roads in Caiuida. For the rouglicst pfirts 
 this sum would be indeed too small, but on the other band the 
 longest/link of road to be made, 91 miles from the Lake of tho 
 Woods to Fort Garry, is of peculiarly easy construction, and 
 thirty nules of it prairie, alreadj^ passable by carriages. 
 
 Second, To place four small steamboats on the navigable 
 
 reaches, three of thenv costing say £il500 each, and one on the 
 
 longest reach, of IfiO miles on Rainy River and Lake of the 
 
 vVoods, £3,000 ; also tjeveral freight boats, to be \irfed as occa- 
 
•WMii inlglit r('<[uir<\ iiiitl i^im-d bdats fur a piul (if ilu' nmU: lut 
 vi'\ uHri.'itaii».Ml to he llttctl Inr u htciiiiKT, yuy in all £iOOO. 
 
 \ Kt»'rtinboiit oil lU'd KMvor at .£.'!,. ">(U) t-i nm ulxMit Sf)!) niilcH W 
 til'' rapids ul' the SiisUat^'lu^wuii ; purtUgT load !it tho rapklK 
 tl.OOO, 'uid iniotficr Klcaii>l»out at £3,500, to run ul>out 150 
 
 lilcs np tlic SiiKkatcliowaa. 
 
 Til*"' last point n^aclicd by boat on the SaHkalc.licvvan is Ichh 
 than two Inindrcd iniU's (Voiii tlir 'rhonison and KraHcr llivrrs, 
 i'oi' this part of the ronto no '^)rc's('iit fstiiiiato can la* iiiudc 
 luit its th(»ron,u;h ('X[doratioii aHCiirly as the Hoason will permit, 
 will lio ouii of" tli(* lirst thiii:_:'s malcrtakcn in the spriuj,^ ; but 
 \'\<nn what is aIioad_\ ascortaincd it is known that there in no 
 <»'rcat (liniciilty in the way ul' «>'(;ttin;i: jtiisseiim-ers aeruss. 
 
 For all otlior eontin^-eneies, therefore, sueh as temporary 
 liuildin^H for th(3 accoiiiinodation of passenp-.s, in ]>laee« wore 
 no such provision as yet (;xists, the forM)in;.v<''l'l**^'^^^> &c., aeri>8s 
 the Rdi'ky >ronntains, between the hlj^hest nuvij^able foint on 
 the Saskatehowan and Fraser River, cost of exploration, «Sce., 
 it would be safo to allow JBl 0,000. 
 
 To rueapitnlato, the outhiy would .stand thus :-■ 
 
 140 rniles uf road at it225 pc-r mih' i:3I,5(»0 
 
 ('onsiderable bridgcB, dams to inercase a navigi'ble 
 
 reach, &c 
 
 3 small Tufi'or PasH(nii;;'er boats at JtljOOO eaeh, 
 
 I il.. at £3,000.... 
 
 Fieiiiht boats 
 
 4,500 
 4,500 
 
 r>,ooo 
 
 1.000 
 
 Total to Red River . i^44.50O 
 
 i steamboats, OIK' from Red River to Jvapid of Sas- 
 katehewan, and one above the Rapid, at .£';{, 5l>0 
 
 each. 
 
 7,000 
 
 l'orttif,^e roadat Rapid 1,000 
 
 Other contingencies, passage of Rt>c / Mountains, A:c. 10,000 
 
 i^02.500 
 
 A steamboat woidd also be required to run through 
 Lake Huron and Superior, whi("h m;iy be purchased 
 for less, but could not be built under 
 
 12,500 
 
 iJ75,000 
 
10 
 
 Say in all snvonty-fivc thoiisiind poundHi required lov next year's 
 operations,- -an JTisionirieant sutii fi)rsuelia rcKult as the layinp,- 
 (•pen of the heart of the Ooiitinont in its most fertile part, and 
 the creating;- of a. route to the Facifu;, shorter and more expe- 
 ditious' than any other. 
 
 The knowled^'o of th*; route upofi which (hose estiniiites are 
 based is derived in part from explorations nia'le durinjj; the 
 past oightoen months, on behalf of the projectors of the (Com- 
 pany, somi! of \vl)om have provided the means of lrans])ort for 
 carrying the mail as fur as Red River, iron) snrxcys n:ade by 
 the late David Thompson, Kscp, formoj-ly Surveyor to the 
 North W(\st Company of Montreal, and the surveys lately made 
 and still in }irog-resH by the (Jovcrnment. 
 
 The inmiediate prolit, io be den v-ed from this outlay, will 
 arise from the freight of g'oods, &.('., the exports and imports of 
 the country, even in its present stale, Justifyin<.j the hope of a 
 larf^e carrying* trade, the increase on whicJi must, however, b(\ 
 very rapid. T\\c conveyance of ]ias,seng-ers, both settlers and 
 travelle s, of whom tl.ore will uiid(nibt4'd!y (from the intcn.'^o 
 intercf.t now taken in that country, and the numerous enquiries 
 made f<n' the means of |)a.ssag-e to it) be as g;reat a number as 
 the Company will bo well able to accommodate ; the carrying- 
 of through passengeis to Fraser River, tuid the transport of 
 the mails, in which this route can have no rival. In the con- 
 struction of the Paeifiv; Railway, too, this line will aiford the 
 only means for the transport of the material. There is thus 
 ample Ijusiness 1^3 bo done to afford a prolitalde return. 
 
 The routo by St. Paul a'? soon as it is opeied will form a 
 valuable feeder, and by information received from Governor 
 Stevens, now rej)resentativo of Washing-ton Territory in the 
 Senate of the United States, the people of that territory and 
 Oregon w.i'i be prepared to cut a road to the head waters of the 
 South Branch of the Saskatchewan, as soon as they are certain 
 that a steamboat will be placed on that river, which will at 
 once becouie their highway to the Eastern States via T.a ^e 
 Su})erior. 
 
11 
 
 I 
 
 / In estimating- for so small a class* of steamboats, it must be 
 obHerv(3(l that they are intended to run intti slioul water, where 
 fiat-bottomed boats carryinj^- frei;.;;ht, &c., can be- towed by them 
 us I'irenrnstanccs may require. 
 
 A practicable route can undoub(-dly be mad(> for a smaller 
 sum than the «:'stimute here g-iven, but if tlu; jj^old excitement 
 on Fraser River continues, it may be. desirable to have at once 
 even a better class of roads and more powerful steamboats 
 than above contemplated, fur, as th(! time of tninsit from New 
 York to Frnser River (even without a single link of railway) 
 will be less than half v/hat it is now from that city, via Panama, 
 to Victoria, the stream of passengers will be such as to pay 
 lor the best class of convevance that can be made in the first 
 fdace, and necessitate alsM immediate action under the railway 
 powers vested in the Company. 
 
 It is the intention of the Company to take the necessary steps 
 authorized by their Chartin- to liave the increase of stock for 
 Railway purposes declared at the earliest mouKuit possible, 
 when the most favoura!)le opportunity will be taken of raising 
 tlie further capital reipiired to enable them to proceotl witli the 
 construction of the Railroad. 
 
 The first instalment of ten shilling's per siiare may be depos- 
 ited upon subscription, but shall only be called in positively 
 upon ten days' notice. 
 
 Future calls will only be made at intervals of not less thau 
 sixty days' and upi/ii thirty ilays notice. 
 
 Application i'orsliares may be made to the President, Vice- 
 President, or Secretary, at the office of the Com))any, No. 15, 
 King Street West, entrance round the corner on Jordan Street. 
 
 FORM OF APPLICATION FOR SHARES. 
 
 To the President and Directors of the North West Transporta- 
 tion, Nuvigation, and Bailway Ccnqmny : — 
 
 I request you to allot to me shares of five pounds 
 
 each in the Cjapital Stock of the above Company, and I agree 
 
 L-;l.^J..aiK^tifflbtBiS*^-'"«'lS(H! 
 
 .^^^^•^^^^^^^^ 
 
n 
 
 to accept the same or any lest; number, and pay tin^' iiiNtal- 
 meuts as they become duo, and sirjn any Stock-book or Deed 
 wliicli may be required for giving I'flecl. to my .subscription, 
 and to be bound by all the by-laws and re;j;u];ili(iaH o\' tli' 
 Com])any. 
 
 I)at<'d tliis day of 1858. 
 
 Na me, 
 
 Aikln'ss. 
 
 
 Professiov, 
 
 Re/erena', 
 Toronto, October irvlh, 186S, 
 
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