Democratic Sentinel, Volume 18, Number 23, Rensselaer, Jasper County, 22 June 1894 — Canadian Canal. [ARTICLE]

Canadian Canal.

The Hurontario Ship Canal Company of Canada has been incorporated by the Canadian legislature for the purpose of constructing a ship canal from Toronto, on Lake Ontario, to Georgian Bay, near Collingwood. The stock capital of she company is $65,000,000, of which $1,000,000 must be paid and 10 per cent subscribed before it has legal existence. One clause in the' frapqhisp requires that the directors must be British subjects. A number of American capitalists are interested in the scheme. It is a revival of the old project which had been advocated at intervals for many years.