. Canada: an encyclopædia of the country; the Canadian dominion considered in its historic relations, its natural resources, its material progress and its national development, by a corps of eminent writers and specialists. conditionson wiiich a Company might construct a CanadianPacific Railway. To implement this, two otherActs were passed dining the same session:(i) An Art to incorporate the Inter-oceanicRailway Company of Canada, granting a charterto Mr. (afterwards Sir) D. L. Macpherson andothers, and (2) An Act to incorporate the Can-adian Pacific Railway Company, granting acharter to Sir
. Canada: an encyclopædia of the country; the Canadian dominion considered in its historic relations, its natural resources, its material progress and its national development, by a corps of eminent writers and specialists. conditionson wiiich a Company might construct a CanadianPacific Railway. To implement this, two otherActs were passed dining the same session:(i) An Art to incorporate the Inter-oceanicRailway Company of Canada, granting a charterto Mr. (afterwards Sir) D. L. Macpherson andothers, and (2) An Act to incorporate the Can-adian Pacific Railway Company, granting acharter to Sir Hugh Allan and his associates. 56 CANADA: AN ENCYCLOP-*:niA. As there could not be two trans-continental rail-ways under construction at the same time, theGovernment endeavoured to amalgamate thetwo interests, but failing in this, they reverted tothe authority given them by the Canadian PacificAct of 1872, and granted a charter to anothercompany with Sir Hugh Allan at its head, whichundertook to build and operate the required rail-way for a land grant of 50,000,000 acres and acash subsidy of $30,000,000. The circumstancesunder which this charter had been granted havingbeen called in question in the House of Commons,. .Wolyiuiix St. Jlii\ political complications ensued, resulting in theresignation of Sir John Macdonalds Governmentand the immediate surrender by Sir Hugh Allanscompany of the charter granted to them. Thisclosed one ohase of the effort to obtain a trans-continental railway through Canada. In 1S73 the Govcriiment of Mr. AlexanderMackeu/iie succeeded that of Sir John Macdonald,and in 1874 Parliament passed an Act authoriz-ing the Government to borrow ^^8,000,000 aidedby an Imperial guarantee for a portion of it, for public works; and also passed an Act to pro-vide for the construction of the Canadian PacificRailway, repealing the similar Act of 1872, andproviding for the construction of a railway from apoint near to and south of Lake Nipissiiig tosome point in Britis
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