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Updated: July 14, 2025
The Dominion elections were held in August 1872, and Macdonald, Cartier, and Langevin drew heavily on Allan's funds, $162,500 in all, with a promise from Cartier that 'any amount which you or your Company shall advance for that purpose shall be re-couped to you. After the election a new company, the Canadian Pacific, was organized, with representative men from each province as directors; and the new board, of its own motion, it was declared, elected Allan president.
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