In February the Governing Committee was always in a great bustle chartering or buying frigates for the year's voyages. Then the goods for trade, to be exchanged with the Indians for furs, were chosen and stored. In the list for 1672 are found '200 fowling pieces and 400 powder horns and 500 hatchets.' Gewgaws, beads, ribbons, and blankets innumerable were taken on the voyages, and always more or less liquor; but the latter, it should be remarked, was not traded to the Indians except in times of keen competition, when the Company had to fight rivals who used it in trade. Secret orders were given to the captains before sailing. These orders contained the harbour signals. Ships not displaying these signals were to be fired on by the forts of Hudson Bay or lured to wreck by false lights. The sailing orders were always signed 'a God speede, a good wind, a faire saile, y'r loving friends'; and the gentlemen of the Committee usually went down to the docks at Gravesend to search lockers for illicit trade, to shake hands and toss a sovereign and quaff drinks. From the point where a returning ship was 'bespoken' the chief trader would take horse and ride post-haste to London with the bills and journals of the voyage. These would be used to check unlading. Next, the sorting of the furs, the payment of the seamen's wages--about £20 per year to each man; then the public auction of the furs. A pin would be stuck in a lighted candle and bids received till the light burnt below the pin. Sack and canary and claret were served freely at the sales. Money accruing from sales was kept in an iron box at the Goldsmiths' exchange, and later in the warehouse in Fenchurch Street. Trading in the early days was conducted with a ceremony such as kings might have practised in international treaty. Dressed in regimentals, with coloured velvet capes lined with silk, swords clanking, buglers and drummers rattling a tattoo, the white trader walked out to meet the Indian chief. The Indian prostrated himself and presented the kingly white man with priceless furs. The white man kneeled and whiffed pipes and thanked the Sun for the privilege of meeting so great warriors, and through his interpreters begged to present the Great Chief with what would render him invincible among all foes--firearms. Then with much parleying the little furs such as rabbit and muskrat were exchanged for the gewgaws. Later, the coming of rival traders compelled the Company to change its methods and to fix a standard of trade. This standard varied with the supply of furs and the caprice of fashion; but at first in respect to beaver it stood thus: