History Of Canadian Wealth

An account of the development of Canadian industry. Myers lays bare the corruption, swindling, land deals, bribery that are the basis of Canadian history. The heros of other history books come out looking quite different. The Canadian Pacific Railway, Hudson's Bay Company, Lord Selkirk, John A MacDonald, Laurier - all fall under Myers's scrutiny, and the facts he records about them are startling. Contents include: The Quest of Trade and New Sources of Wealth; The Ecclesiastical and Feudal Lords; The Hudson's Bay Company; Wars of the Fur Traders and Companies; The Landed and Mercantile Oligarchy; The Landed Proprietors; Revolt against Feudalism; Sovereignty of the Hudson's Bay Company; Passing of the Hudson's Bay Company's Sovereignty; Inception of the Railroad Power; First Period of Railway Promoters; Contest for the Pacific Railway; Era of Railway Magnates; Progress of the Railway Lords; Extension of Railway Possessions; Appropriation of Coal, Timber and Other Lands; and Distribution of Railway Subsidies. Gustavus Myers (1872-1942) was an American historian who worked on a number of newspapers and magazines in New York City, joined the Populist party and the Social Reform Club, and was a member (1907-12) of the Socialist party. Such books as The History of Tammany Hall (1901), History of the Great American Fortunes (1910), and History of the Supreme Court of the United States (1912) were detailed, realistic exposes through which Myers made his reputation in the muckraking era of American literature.

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Excerpt from History of Canadian Wealth, Vol. 1 The rapid concentration of wealth in Canada is no mere fancy. Already, it is estimated, less than fifty men control or more than one-third of Canada's material wealth as expressed in railways, banks, factories, mines, land and other properties and resources. To say that this small group of individuals control so vast a wealth and the agencies of its production does not imply that they own it all. Between ownership and control there is a difference, yet the reverse of that commonly sup posed. By means of their control of financial markets and distributive systems, a small number of men may effectively control sources of wealth which still may remain under in dividual ownership, as Witness the case of the farms, of which control farmers throughout Canada are bitterly complaining. Also it is not necessary for magnates to own all of the stock of railroads, banks, factories and mines; much of that owner ship may be distributed among small shareholders, yet by their predominantly large holdings of stock, and through their power of directorship, those magnates can and do control those diversified, and often financially interconnected, sources of wealth. 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 technology 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.

Gustavus Myers' definitive history of Canadian wealth provides a deeply researched and analytically rigorous account of the economic and social forces that shaped Canada. From the fur trade to the rise of industrial capitalism, Myers' insightful analysis uncovers the stories of the people and institutions that built and sustained Canada's economic system. A must-read for students, scholars, and anyone interested in understanding the economic history of this important nation. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.