240 ROYAL SOCIETY OF CANADA 



No. 3. ^ 



The following Utter addresstcd to " H. Griffin, Esq.," is attached. 



D. Sir, 



I think (althougih the furnishers of the Copper Coin make no difficulty) 

 that it is advisiible to send the protest to them. The firm is Cotterill, Hill 

 & Co., of Walsal, in England. I think it well also to have them (the coppers) 

 condemned. Will you be so good as to do the needful, as I leave for Upper 

 Canada this morning. 



Yours, etc., 



Albert Furniss. 

 June 18. '29. 



The Coin is to be shipped for England to-morrow. 



APPENDIX E. 



From the Canadian Archives. 



No. 1. 



tueries Q, Vol. 242—1, p. 212. 



His Majesty's Consulate, 



New York, 19th May, 1837. 

 Sir. 



I have the honour to state that a severe domestic affliction in a branch 

 of my family residing in Lower Canada called me to Montreal and Quebec, 

 at the time the New York Banks suspended payments in specie. Viewing 

 in the com.ineroial derangement, and general bankruptcy in the United States, 

 an event well calculated to place Canada in an elevated point of view as 

 sustaining her credit, while the United States with her overflowing Treasury 

 and extensive commercial operations were dazzling the world and had drawn 

 about Twenty-five Millions of British Capital to be invested in various secur- 

 ities, and ohiefiy chartered institutions in the United States, while very 

 little has been placed in the security of the Upper Province of Canada, 

 though most ample, these considerations led me to be much in consultation 

 with the merchants at .Montreal and Quebec, as to the course most advisable 

 to ibe pursued in the present crisis. 



As the Banks at Montreal had ample to redeem their outstanding notes, it 

 -was believed that if the Canadian Silver which is locked up in the Receiver- 

 General's chest at Quebec (about 800,000 dollars) was turned out, change for 

 the ordinary transactions would be afforded, and under that view I was 

 induced to address a letter to Lord Gosford (a copy of which I have the 

 honour to enclose), but uipon further deliberation it was soon discovered 

 that it would be imnpossible for the Canada banks to afford further facilities 

 to the merchants if they continued to redeeim their paper when the United 

 States banks had declined doing so, nor to continue operations by discon- 

 tinuing as the quantity of produce froim the United States, which is gen- 

 erally brought to Montreal during the shipping season, exceeds £350,000, 

 all of wiiich heretofore was paid in silver, and though carried into the 

 States, it was brought back by the banks, consequently, such would not now 

 be the case, therefore, under due deliberation, it was deeimed indispensable 



