The Tribune of Nova Scotia: A Chronicle of Joseph HoweGrant, W. L. (William Lawson)
History
The Tribune of Nova Scotia: A Chronicle of Joseph Howe
Grant, W. L. (William Lawson)
Howe, Joseph, 1804-1873
The Halifax Banking Company was of {37} great benefit to the provincial
merchants, and, though its partners made large profits, there is no
proof that they abused their position on the Council to aid them in
business. But the general feeling in the province was one of
suspicion, and the combination of financial and legislative monopoly
was certainly dangerous. Soon some other citizens endeavoured to found
another bank and to have it regularly incorporated by provincial
charter, with the proviso that all paper money issued by it should be
redeemable in coin. The directors of the Halifax Banking Company
fought this proposal fiercely, both in business circles and in the
Council, arguing that as the balance of trade was against Nova Scotia,
there would rarely be enough 'hard money' in the province to redeem the
notes outstanding. In 1832, however, popular clamour forced the
legislature to grant its charter to the second bank, the Bank of Nova
Scotia. The Halifax Banking Company[1] also continued to do a
flourishing business, and during the struggle of Howe and his
fellow-reformers against the Council, the influence of its partners was
one of the chief causes of complaint.
{38}
Thus the Council comprised the leaders in Church and State, among them
the chief lawyers and business men. These formed the 'Society' of
Halifax, and to them were added the government officials, who were
usually appointed from England. Some of the latter were men of honour
and energy, but others were mere placemen in need of a job. When the
famous Countess of Blessington wished to aid one of her impecunious
Irish relations, she had only to give a smile and a few soft words to
the Duke of Wellington, and her scape-grace brother found himself
quartered for life upon the revenues of Nova Scotia. Charles Duller,
in his pamphlet _Mr Mother Country of the Colonial Office_, hardly
exaggerated when he said that 'the patronage of the Colonial Office is
the prey of every hungry department of our government. On it the Horse
Guards quarters its worn-out general officers as governors; the
Admiralty cribs its share; and jobs which even parliamentary rapacity
would blush to ask from the Treasury are perpetrated with impunity in
the silent realm of Mr Mother Country. O'Connell, we are told, after
very bluntly informing Mr Ruthven that he had committed a fraud which
would forever unfit him for the society of gentlemen {39} at home,
added, in perfect simplicity and kindness of heart, that if he would
comply with his wishes and cease to contest Kildare, he might probably
be able to get some appointment for him in the colonies.'
Public-domain text, read in full here on John Shaqi.
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