Lord Mount Stephen, who died at Hatfield on Tuesday in
his ninety-third year, was famous as• the leading spirit in the construction of the Canadian Pacific Railway. Like Mr. Carnegie and many other successful Scotsmen, he worked his way up from the bottom of tho social ladder. He was a draper's assistant when he emigrated to Montreal in 1850. He made a small fortune in trade, and then became a banker and a railway promoter. In 1879 ho and his associates took over from the Canadian Government the Canadian Pacific Railway, of which 700 miles had been built•. It was due to Lord Mount Stephen's financial ability and organizing power that the great railway, 3,000 miles long, was completed by 1885 and opened for traffic the following year. The Canadian Pacific, by opening the prairies to settlers and connecting the old provinces with the Pacific coast, made modern Canada.
Previous page
