The chairman of the Committee on Wharves and Harbours, etc., for 1853, was the late Alderman W. Gooderham, a thoroughly respected and respectable citizen, who took the deepest interest in the subject. I acted with and for him on all occasions, preparing reports for the Council, and even went so far as to calculate minutely from the soundings the whole details of excavation, filling in, breastwork, etc., in order to satisfy myself that the interests of the city were duly protected.
In September, 1853, tenders for the work were received from numerous parties, and subjected to rigorous examination, the opinions of citizens being freely taken thereon. In the meantime, it was necessary, before closing the contract, to obtain authority from the Government with respect to the western water lots, and I was sent to Quebec for that purpose, in which, but for the influence of the Grand Trunk Company, and of Messrs. Gzowski & Macpherson, I might have failed. The Hon. Mr. Hincks, then premier, received me rather brusquely at first, and it was not until he was thoroughly satisfied that the railway interests were fairly consulted, that I made much progress with him. I did succeed, however, and brought back with me all necessary powers both as to the water lots and the peninsula.
Finally, the tender of Messrs. Gzowski & Co. was very generally judged to be most for the interests of the city. They offered to allow £10,000 for the right of way for the Grand Trunk Railway along the Esplanade; and engaged for the same sum to erect five bridges, with brick abutments and stone facings, to be built on George, Church, Yonge, Bay, and either York or Simcoe Streets, to the wharves.[21] The contract also provided that the cribwork should be of sufficient strength to carry stone facing hereafter.[22]
When canvassing St. George's Ward in December, 1852, for re-election as alderman, I told my constituents that nothing but my desire to complete the Esplanade arrangements could induce me to sacrifice my own business interests by giving up more than half my time for another year: and it was with infinite satisfaction that on the 4th of January, 1854—the last week but one of my term in the Council—I saw the Esplanade contract "signed, sealed and delivered" in the presence of the Wharves and Harbours Committee. On the 11th January, a report of the same committee, recommending the appointment of a proper officer to take charge of the peninsula, and put a stop to the removal of sand, was adopted in Council.
I heartily wish that my reminiscences of the Esplanade contract could end here. I ceased to have any connection with it, officially or otherwise; but in 1854, an agitation was commenced within the Council and out of doors, the result of which was, the cancellation by mutual consent of the contract made with Messrs. Gzowski & Co., and the making a new contract with other parties, by which it was understood the city lost money to the tune of some $50,000, while Messrs. Gzowski & Co. benefited to the extent of at least $16,000, being the difference between the rates of wages in 1853 and 1855. The five bridges were set aside, to which circumstance is due the unhappy loss of life by which we have all been shocked of late years. Of the true cause of all these painful consequences, I shall treat in my next chapter.
CHAPTER XLV.
MAYOR BOWES—CITY DEBENTURES.
Of all the members of the City Council for 1850, and up to 1852, John G. Bowes was the most active and most popular. In educational affairs, in financial arrangements, and indeed, in all questions affecting the city's interests, he was by far the ablest man who had ever filled the civic chair. His acquirements as an arithmetician were extraordinary; and as a speaker he possessed remarkable powers. I took pleasure in seconding his declared views on nearly all public questions; and in return, he showed me a degree of friendship which I could not but highly appreciate. By his persuasion, and rather against my own wish, I accepted, in 1852, the secretaryship of the Toronto and Guelph Railway Company, which I held until it was absorbed by the Grand Trunk Company in 1853.[23]
In the same year, rumours began to be rife in the city, that Mr. Bowes, in conjunction with the Hon. Francis Hincks, then premier, had made $10,000 profits out of the sale of city debentures issued to the Northern Railway Company. Had the Mayor admitted the facts at once, stating his belief that he was right in so doing, it is probable that his friends would have been spared the pain, and himself the loss and disgrace which ensued. But he denied in the most solemn manner, in full Council, that he had any interest whatever in the sale of those debentures, and his word was accepted by all his friends there. When, in 1854, he was compelled to admit in the Court of Chancery, that he had not only sold the debentures for his own profit to the extent of $4,800, but that the Hon. Francis Hincks was a partner in the speculation, and had profited to the same amount, the Council and citizens were alike astounded. Not so much at the transaction itself, for it must be remembered that more than one judge in chancery held the dealing in city debentures to be perfectly legal both on the part of Mr. Bowes and Sir Francis Hincks, but at the palpable deception which had been perpetrated on the Finance Committee, and through them on the Council.
While the sale of the $50,000 Northern Railway debentures was under consideration, Mr. Bowes as Mayor had been commissioned to get a bill passed at Quebec to legalize such sale. On his return it was found that new clauses had been introduced into the bill, and particularly one requiring the debentures to be made payable in England, to which Alderman Joshua G. Beard and myself took objection as unnecessarily tying the hands of the Council. Mr. Bowes said, "Mr. Hincks would have it so." Had the committee supposed that in insisting upon those clauses Mr. Hincks was using his official powers for his own private profit, they could never have consented to the change in the bill, but would have insisted upon the right of the Council to make their own debentures payable wheresoever the city's interests would be best subserved.[24]