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Family Compact
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===Bank of Upper Canada=== The [[Bank of Upper Canada]]'s principal promoters were Strachan and Allan. Allan, who became president, was also an executive and [[legislative councillor]]. He, like Strachan, played a key role in solidifying the Family Compact, and ensuring its influence within the colonial state. Boulton, the solicitor general, author of the bank incorporation bill, and the bank's lawyer, admitted the bank was a "terrible engine in the hands of the provincial administration".<ref>{{cite journal |last=Schrauwers |first=Albert |title=The Gentlemanly Order & the Politics of Production in the Transition to Capitalism in the Home District, Upper Canada |journal=Labour/Le Travail |year=2010 |volume=65 |issue=1 |pages=22β25}}</ref> The government, its officers, and legislative councillors owned 5,381 of its 8,000 shares. The lieutenant governor appointed four of the bank's fifteen directors making for a tight bond between the nominally private company and the state. Forty-four men served as bank directors during the 1830s; eleven of them were executive councillors, fifteen of them were legislative councillors, and thirteen were magistrates in Toronto. Furthermore, all 11 men who had ever sat on the Executive Council also sat on the board of the bank at one time or another. Ten of these men also sat on the Legislative Council. The overlapping membership on the boards of the Bank of Upper Canada and on the Executive and Legislative councils served to integrate the economic and political activities of church, state, and the "financial sector". These overlapping memberships reinforced the oligarchic nature of power in the colony and allowed the administration to operate without any effective elective check. Despite these tight bonds, the [[receiver general]], the reform-leaning [[John Henry Dunn]], refused to use the bank for government business.<ref>{{cite book |last=Baskerville |first=Peter |title=The Bank of Upper Canada: A Collection of Documents |year=1987 |publisher=Champlain Society |location=Toronto |pages=lxxii}}</ref> The Bank of Upper Canada held a near monopoly, and as a result, controlled much of the trade in the province.
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