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116:, he positioned the Bank of Montreal to be the leading bank in the New York gold market. The Bank became the primary fiscal agent for the government of Canada. King advocated for a new banking system which would have benefited larger, more stable banks like the Bank of Montreal triggering a political backlash that led to the passage of the
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King was ruthless in his promotion of the Bank of
Montreal and was described as "a little god who dares to treat the representatives of all other banks" in an insulting manner, a "truculent and uncompromising" fellow, and "very peculiar." He moved the bank into the professional realm, focusing on
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in 1857, became general manager at age 35. He held the manager position from 1863 to 1869 and was president of the bank from 1869 to 1873, the youngest person to hold that position.
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commercial credit. His personality and business practices angered many
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called him "the most striking figure in
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This biography about a
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174:"Edwin Henry King"
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