Salt Lake Tribune | 1905-05-26 | Page 4 | Local News

According to the theories of some political economists, Canada should presently be ruined by the grants she Is making of subsidies. The Dominion has heavily subsidized the new transcontinental trans-continental line to Port Simpson; It Is subsidizing a new road, the Nova Scotia Sco-tia Eastern, at $'000 per mile from the province and JP.-OO from the Dominion, the Cape Breton Railway company gets $6400 a mile from the Government, and a bill Is backed by the Ministry for $5000 a mile for the road from St. Peters to Louisburg. Besides this, the Government Gov-ernment is being pressed to grant a bonus of $6 per gross ton for steel ships built in Canada, and is "showing Interest." Halifax has already available avail-able In bonuses $300,000 for this shipbuilding, ship-building, ami If the Dominion Government Govern-ment consents to give the bonus asked, as the Halifax representatives are confident con-fident it will do, the industry will be launched there on a large scale. But It Is wholly against the British policy of 1 I alone private competition to enter into this subsidy business, and whenever when-ever a merchant marine subsidy Is proposed pro-posed in this country, the same school of statesmanship interposes its feverish objections But It Is this sort of enterprise enter-prise that wins In the long run.