He was originally based in Cobourg, but moved to Toronto in 1843. After fierce competition with Hugh Richardson to control the shipping business in the region, Bethune's business failed in 1848 and again in 1851, after the banks allowed him to lease back his boats.
He began in Cobourg but moved to Toronto in 1843. After a competitive battle with Hugh Richardson over shipping control in the region, Bethune's business failed twice: first in 1848 and then again in 1851, when he was allowed by banks to lease back his boats.