The Canadian Canals : Their History And Cost, With An Inquiry Into the Policy Necessary to Advance the Well-Being of the Province
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To quickly assess the difficulty of the text, read a short excerpt:
For the moment it is desirable to limit the examination, to what return these Canals have made as investments of capital ; and if it be established that they fail to yield a remunerative rate of interest, then to show the reasons of failure. By these means we may evolve one of two conclusions ; whether the cause of non-success is per- manent and impossible to be reached ; or whether it is temporary and only the result of explicable phenomena.
The view, that without an improvement of the water n...avi- gation, Canada would have not attained the progress she."has reached, for the moment is entirely set aside. For it is only by applying a severe test to the remunerative character of an enterprise that it can be fairly judged. A recollection of indirect positive benefits, has a tendency to warp the judgment, in the examination of direct results ; and with respect to the Saint Lawrence Canals, we must remember that as projects they were regarded in themselves as good paying investments, quite distinct from all social and political development which would arise from them.
What to read after The Canadian Canals : Their History And Cost, With An Inquiry Into the Policy Necessary to Advance the Well-Being of the Province?
You can find similar books in the "Read Also" column, or choose other free books by William Kingsford to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
For the moment it is desirable to limit the examination, to what return these Canals have made as investments of capital ; and if it be established that they fail to yield a remunerative rate of interest, then to show the reasons of failure. By these means we may evolve one of two conclusions ; whether the cause of non-success is per- manent and impossible to be reached ; or whether it is temporary and only the result of explicable phenomena.
The view, that without an improvement of the water n...avi- gation, Canada would have not attained the progress she."has reached, for the moment is entirely set aside. For it is only by applying a severe test to the remunerative character of an enterprise that it can be fairly judged. A recollection of indirect positive benefits, has a tendency to warp the judgment, in the examination of direct results ; and with respect to the Saint Lawrence Canals, we must remember that as projects they were regarded in themselves as good paying investments, quite distinct from all social and political development which would arise from them.
What to read after The Canadian Canals : Their History And Cost, With An Inquiry Into the Policy Necessary to Advance the Well-Being of the Province?
You can find similar books in the "Read Also" column, or choose other free books by William Kingsford to read onlineMoreLess
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