The Upper Canada Trade 1834–1872 : : A Study of the Buchanans' Business / / Douglas McCalla.
Based in Glasgow and Toronto and later Hamilton, the trading business of Peter and Isaac Buchanan became one of Canada’s largest. The crash of 1857, which abruptly ended an Upper Canadian boom, brought its growth to a halt, and increasing financial problems led to its failure in 1867 and gain in 187...
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Place / Publishing House: | Toronto : : University of Toronto Press, , [2019] ©1979 |
Year of Publication: | 2019 |
Language: | English |
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McCalla, Douglas, author. aut http://id.loc.gov/vocabulary/relators/aut The Upper Canada Trade 1834–1872 : A Study of the Buchanans' Business / Douglas McCalla. Toronto : University of Toronto Press, [2019] ©1979 1 online resource (240 p.) text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Heritage Frontmatter -- Contents -- Acknowledgments -- 1. Introduction -- 2. Founding the business -- 3. Success in Toronto 1835-9 -- 4. General wholesalers at Hamilton 1840-5 -- 5. Independence 1846-51 -- 6. The firm splits 1852-6 -- 7. Depression and reorganization 1857-60 -- 8. Isaac alone 1860-7 -- 9. The final failures -- 10. Conclusion: The Buchanans' business and the Upper Canadian business system -- Tables -- Notes -- Select bibliography -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star Based in Glasgow and Toronto and later Hamilton, the trading business of Peter and Isaac Buchanan became one of Canada’s largest. The crash of 1857, which abruptly ended an Upper Canadian boom, brought its growth to a halt, and increasing financial problems led to its failure in 1867 and gain in 1872. This history of success and failure reveals much about the Anglo-Canadian trading system and the Upper Canadian economy of the period. The Buchanans’ timing was excellent in 1834 they began operations in Glasgow and Toronto, early in the prolonged era of growth which by the mid-1850s had transformed Upper Canada from a frontier wilderness to a relatively developed agricultural society. In 1840 they added a large branch in Hamilton. Over the years a number of new partners were admitted, and branches were established in Montreal, New York, Liverpool, and London (Canada West). By 1845 the firm dealt in all the major categories of the colony’s imports. By 1856 Peter’s and Isaac’s initial capital had increased sixteen fold, and the total capital of all partners exceeded £360,000. The business’s rapid rise indicates something of the processes, extent, and timing of Upper Canadian business and economic development. It also exemplifies the workings of the British export trade, notably Glasgow’s role, and it clearly illustrates the significance of the metropolitan rivalries of the era. The workings of the international credit system are central to the story. And its failure is equally indicative of the changes in the commercial environment after the boom years. The Buchanans were also significant historical figures. Isaac Buchanan is well known for his career in politics and his many writings on economic issues. His brother played a vital role in promoting the Great Western Railroad of Canada in Britain. Drawing on the voluminous Buchanan Papers in the Public Archives of Canada, this book illuminates a key period in Canada’s economic and historical development. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021) Merchants Ontario Biography. Wholesale trade Ontario History. BUSINESS & ECONOMICS / Economic History. bisacsh Title is part of eBook package: De Gruyter University of Toronto Press eBook-Package Archive 1933-1999 9783110490947 https://doi.org/10.3138/9781487577575 https://www.degruyter.com/isbn/9781487577575 Cover https://www.degruyter.com/cover/covers/9781487577575.jpg |
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English |
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eBook |
author |
McCalla, Douglas, McCalla, Douglas, |
spellingShingle |
McCalla, Douglas, McCalla, Douglas, The Upper Canada Trade 1834–1872 : A Study of the Buchanans' Business / Heritage Frontmatter -- Contents -- Acknowledgments -- 1. Introduction -- 2. Founding the business -- 3. Success in Toronto 1835-9 -- 4. General wholesalers at Hamilton 1840-5 -- 5. Independence 1846-51 -- 6. The firm splits 1852-6 -- 7. Depression and reorganization 1857-60 -- 8. Isaac alone 1860-7 -- 9. The final failures -- 10. Conclusion: The Buchanans' business and the Upper Canadian business system -- Tables -- Notes -- Select bibliography -- Index |
author_facet |
McCalla, Douglas, McCalla, Douglas, |
author_variant |
d m dm d m dm |
author_role |
VerfasserIn VerfasserIn |
author_sort |
McCalla, Douglas, |
title |
The Upper Canada Trade 1834–1872 : A Study of the Buchanans' Business / |
title_sub |
A Study of the Buchanans' Business / |
title_full |
The Upper Canada Trade 1834–1872 : A Study of the Buchanans' Business / Douglas McCalla. |
title_fullStr |
The Upper Canada Trade 1834–1872 : A Study of the Buchanans' Business / Douglas McCalla. |
title_full_unstemmed |
The Upper Canada Trade 1834–1872 : A Study of the Buchanans' Business / Douglas McCalla. |
title_auth |
The Upper Canada Trade 1834–1872 : A Study of the Buchanans' Business / |
title_alt |
Frontmatter -- Contents -- Acknowledgments -- 1. Introduction -- 2. Founding the business -- 3. Success in Toronto 1835-9 -- 4. General wholesalers at Hamilton 1840-5 -- 5. Independence 1846-51 -- 6. The firm splits 1852-6 -- 7. Depression and reorganization 1857-60 -- 8. Isaac alone 1860-7 -- 9. The final failures -- 10. Conclusion: The Buchanans' business and the Upper Canadian business system -- Tables -- Notes -- Select bibliography -- Index |
title_new |
The Upper Canada Trade 1834–1872 : |
title_sort |
the upper canada trade 1834–1872 : a study of the buchanans' business / |
series |
Heritage |
series2 |
Heritage |
publisher |
University of Toronto Press, |
publishDate |
2019 |
physical |
1 online resource (240 p.) |
contents |
Frontmatter -- Contents -- Acknowledgments -- 1. Introduction -- 2. Founding the business -- 3. Success in Toronto 1835-9 -- 4. General wholesalers at Hamilton 1840-5 -- 5. Independence 1846-51 -- 6. The firm splits 1852-6 -- 7. Depression and reorganization 1857-60 -- 8. Isaac alone 1860-7 -- 9. The final failures -- 10. Conclusion: The Buchanans' business and the Upper Canadian business system -- Tables -- Notes -- Select bibliography -- Index |
isbn |
9781487577575 9783110490947 |
callnumber-first |
H - Social Science |
callnumber-subject |
HF - Commerce |
callnumber-label |
HF3229 |
callnumber-sort |
HF 43229 O5 M32 |
genre_facet |
Biography. |
geographic_facet |
Ontario |
url |
https://doi.org/10.3138/9781487577575 https://www.degruyter.com/isbn/9781487577575 https://www.degruyter.com/cover/covers/9781487577575.jpg |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
380 - Commerce, communications & transportation |
dewey-ones |
382 - International commerce |
dewey-full |
382/.09713 |
dewey-sort |
3382 49713 |
dewey-raw |
382/.09713 |
dewey-search |
382/.09713 |
doi_str_mv |
10.3138/9781487577575 |
oclc_num |
1102655585 |
work_keys_str_mv |
AT mccalladouglas theuppercanadatrade18341872astudyofthebuchanansbusiness AT mccalladouglas uppercanadatrade18341872astudyofthebuchanansbusiness |
status_str |
n |
ids_txt_mv |
(DE-B1597)536941 (OCoLC)1102655585 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter University of Toronto Press eBook-Package Archive 1933-1999 |
is_hierarchy_title |
The Upper Canada Trade 1834–1872 : A Study of the Buchanans' Business / |
container_title |
Title is part of eBook package: De Gruyter University of Toronto Press eBook-Package Archive 1933-1999 |
_version_ |
1770177034149953536 |
fullrecord |
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