Blackwood's Edinburgh Magazine, Volume 63, No. 389, March 1848Various
History
Blackwood's Edinburgh Magazine, Volume 63, No. 389, March 1848
Various
England -- Periodicals; Scotland -- Periodicals
Hudson's Bay not being a colony, but a great waste country, sprinkled
with a few European dwellings, dealings are carried on by barter
rather than by cash payments, and of money there is little or none.
But, to facilitate trade with the Indians, there is a certain standard
of value known as a castor, and represented by pieces of wood. We may
conjecture the term to have originated in the French word _castor_,
signifying a beaver--of which animal these wooden tokens were probably
intended to represent the value. It stands to reason that such a
coinage is too easily counterfeited for its general circulation to be
permitted, and it consequently is current only in the Company's
barter-rooms. "Thus an Indian arrives at a fort with a bundle of furs,
with which he proceeds to the Indian trading-room. There the trader
separates the furs into different lots, and valuing each at the
standard valuation, adds the amounts together, and tells the Indian,
who has looked on the while with great interest and anxiety, that he
has got fifty or sixty castors; at the same time handing him fifty or
sixty little bits of wood in lieu of cash, so that he may, by
returning these in payment of the goods for which he really exchanges
his skins, know how fast his funds decrease. The Indian then looks
around upon the bales of cloth, powder-horns, guns, blankets, knives,
&c., with which the shop is filled, and after a good while makes up
his mind to have a small blanket. This being given him, the trader
tells him that the price is six castors; the purchaser hands him six
of his little bits of wood, and selects something else. In this way he
goes on till the wooden cash is expended. The value of a castor is
from one to two shillings. The natives generally visit the
establishments of the Company twice a-year; once in October, when they
bring in the produce of their autumn hunts, and again in March, when
they come in with that of the great winter hunt. The number of castors
that an Indian makes in a winter hunt varies from fifty to two
hundred, according to his perseverance and activity, and the part of
the country in which he hunts. The largest amount I ever heard of was
made by a man named Piaquata-Kiscum, who brought in furs, on one
occasion, to the value of two hundred and sixty castors. The poor
fellow was soon afterwards poisoned by his relatives, who were jealous
of his superior abilities as a hunter, and envious of the favour shown
him by the white men."
Public-domain text, read in full here on John Shaqi.
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