Excerpt from Annual Report of the Canadian Northern Railway System Insofar as the physical property is con cerned there can be question as to the ability Of the Canadian Northern to meet com petition, as the railway is well located and well built; its transcontinental main line grades over practically its entire route are the most favourable in existence; and under a rmally developed traffic density the railway should Operate at a ratio previously unkwn, and at ermous profit. These remarks, occurring as they do in a summary of the whole situation, afforded considerable satisfaction to your Directors, as it is a clear endorsement by unquestion ably high financial experts, Of the deliberate policy of your Directors during the twenty odd years which have elapsed since the inception Of the Canadian Northern Railway lines. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art techlogy to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.