For the right of the free navigation of the Columbia River, £300,000. For their forts, farms, posts, and establishments, with the buildings and improvements, £285,350, making, in all, £785,350, or $3,822,036.67, or £385,350 more than the whole amount of nominal stock which they claim to have invested in their entire trade. We will not stop to speak of the morality of this claim; it is made in due form, and this with the claim as set forth in the same document, to wit: For lands, farms, forts, and improvements, £190,000; loss of live stock and other losses, £50,000; total, £240,000--equal to $1,188,000, to be paid in gold. In British money these two sums amount to £1,025,350 sterling, in American dollars to $4,990,036.67; or £625,350 sterling money more than their nominal stock, and £998,050 sterling more than all their real stock invested. It will be remembered that this demand is simply on account of the settlement of Oregon by the Americans. A part of the posts for which this demand is made are still in their undisputed possession, and a large portion of the claim is set up in consequence of the loss of the profits of the fur trade, of that portion of their business as conducted in territory that originally belonged to the United States, and was actually given up to them by the treaty of December 24, 1814. The reader will bear in mind, that in the review or discussion of this Hudson's Bay Company's claim on our government, we only refer to that part of their trade, and the rights or privileges they were permitted to enjoy, jointly with Americans, in what is now absolutely American territory. Over two-thirds of their capital has always been employed in territory that the American has not been permitted to enter, much less to trade and form a settlement of any kind.