No doubt you have been interested in watching the carrying out of the formation of big credits on this side by the Imperial Government. the American leading securities, Some anxiety has been expressed whether this might not lead to the big Canadian Railways falling into American hands, This would suit Americans admirably. They would very much like to see these lines become feeders to their own.
In the past they have schemed to bring this about but without success, Canadians have constructed their railways from east to west across the Dominion, not north and south. Many attempts have also been made to divert the terminals ta the States, but without success, At the present crisis all this is being borne in mind, and the British Government has given the assurance that no chance will be given the Americans of controlling any Canadian railways.
Of course the aim of these credits is not only to provide money, but to help in bringing back exchange to
Text read from the printed page and cleaned; old type leaves the occasional error.