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Duncombes Free Banking
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TliE author, while chairman of the committee of Finance
in the Parliament of Upper Canada, in 1835, was deputed
by a resolution of the House of Assembly, to travel in the
United States and e]se,vhere, during the recess of Parliament,
to obtain information upon various subjects of public
economy, and to report to the House the result of his
research at the next nlceting of Parlialnent.
Among the subjects of his enquiry were exchanges,
finance, currency and banking-.
While in the United States, he was very politely furnished
with every facility necessary to the accomplishment
of the object of his mission, by political economists, finan·
ciers, bankers and merchants; by the members ofthe admin"
istration, as well as by those out of office, and opposed to
the administration of the day.
The result of his enquiry upon the subject of banking
was, a thorough conviction of the anti-republican tendency
of incorporated banking companies, and a confirmation of
his opinion, previously expressed in a report made to the
House of Assembly during the previous session, by a com"
mittee of eleven melnbers appointed upon the subject of
currency and banking, of ,vhich he was chairman. The
object of that committee ","as, to ascertain ,vhether any bet·
ter system of furnishing paper to t::irculate as money~ to
supply the deficiency of the precious metal
CHARLES DUNCOMBE - Personal Name
1st Edition
678 00530 3
NONE
Duncombes Free Banking
Management
English
USA
1-370
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