ADMS 1010 Lecture Notes - United States Dollar
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18 Jan 2012
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British wanted trading and war allies in the event that war broke out. Britain wanted more economic options because there was a high chance that the. Reciprocity treaty was not going to be renewed in 1865. There was constant troubles with the railways in canada. Companies were financing railways and then going broke due to their high cost. Britain did not want to support these failing railways anymore, even though one was needed in canada. There was the belief that if canada became its own country, britain would no longer be responsible for building the railways. The conservatives and the liberals were present in both canada east and canada. These parties in both areas wanted to amalgamate the two regions. Despite their differences, by 1840 upper and lower canada was united. The americans tried a national banking system, called the bank of the us. There was some debate whether or not they actually wanted national banking.