Note 19 — INTRODUCTION.

(19) “In addition to the instances of combination between directly competing companies, recent experience has furnished numerous instances of the tendency of smaller lines, sanctioned as independent undertakings, to resign their independence into the hands of more powerful neighbours.”—Report of Board of Trade. It is not to be doubted, therefore, that all proposed or partly finished Railways in the North American provinces will readily join in the grand undertaking, making one great interest for the whole.