February 1902, No. 48 The Railway and Shipping World (Toronto) Page 54

Projected lines, surveys, construction, betterments, etc.

The Irondale, Bancroft and Ottawa Ry. Co. is seeking Provincial and Dominion subsidies for the extension of its line from near Bancroft to Caldwell on the Canada Atlantic Ry., about 60 miles. At the last session of the Ontario Legislature a subsidy for an extension of 15 miles was voted, and L. B. Howland, General Manager, says if the subsidies for the additional mileage are voted he will, with the "substantial financial support of one of the most prominent trust companies in New York" with which arrangements have been made, complete the line to Caldwell, and put the whole line on a substantial footing. The proposed extension would open up a good farming, timber and mineral region. It would aid in the development of the corundum deposits, and of water powers on the Madawaska river, and would pierce the Opeongos by way of Howland pass, a route presenting no engineering difficulties. The Pembroke Southern Ry. is surveying a route from Golden Lake to Bancroft, via the Brennan pass, and is to some extent an opposition project. The Lindsay Board of Trade has memorialized the Ontario Government to aid the construction of the additional 45 miles of line, and the Dominion Government to subsidize the whole 60 miles. (Aug., 1901, pg. 229.)

Railways: I.B. & O.Ry.

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