^{FN1 Ch17} T. S. Ashton's An Economic History of England: The 18th Century (London: Methuen, 1955), pp. 178-80.

^{FN2 Ch17} This maybe more than just a coincidence, but there was a bank crisis in England which came in November of 1825. "Over sixty country banks and six London houses failed." (Llewellyn Woodward, The Age of Reform: 1815-1870 (1938)(Oxford: Clarendon Press, 2nd ed., 1962), p. 59.) The first consumer bank in England was established in 1799. It was a saving bank, a voluntary institution, called "Frugality Bank." The idea spread rapidly and in 1817 an Act was passed to regulate them. (John Quinpool, First Things in Acadia (Halifax: First Things Publishers, 1936), p. 109.)

^{FN3 Ch17} See Thomas Chandler Haliburton, History of Nova Scotia (Halifax: Joseph Howe, 1829), vol. 1, p. 318-9; Murdoch, vol. 3, p. 538; and Peter Lynch, "Early Reminiscences of Halifax," NSHS, p. 183.

^{FN4 Ch17} Fergusson's introduction to Letters and Papers of Hon. Enos Collins (Halifax: PANS, No. #13, 1959), p. 12. The Halifax Banking Company eventually was incorporated as a chartered bank in 1872. After that it expanded to eventually have 16 offices outside Halifax. "Seeking to expand into the Maritimes, The Commerce [CIBC] proposed a merger of the two banks, which took place on June 1, 1903." (Donald H. Flick, "Early Money in Nova Scotia: A Short History of Currency, Exchange and Finance," NSHR, #1:2, p. 13.

^{FN5 Ch17} See Flick, "Early Money in Nova Scotia: A Short History of Currency, Exchange and Finance," NSHR, #1:2, p. 13.