Note 8 — Chapter II
Reading edition
Not the smallest reflection upon Sir Richard Cartwright's personal honour is sought to be conveyed here. Sir John Macdonald himself had been connected with the same institution for many years as shareholder, director, and solicitor, and its failure did not compromise either of them. At the same time, it is obvious that to appoint as Finance minister the president of a bank which had recently closed its doors (no matter for what cause) would be to invite criticism of the most caustic kind.