The Beaver, Vol. 1, No. 10, July, 1921Hudson's Bay Company
History
The Beaver, Vol. 1, No. 10, July, 1921
Hudson's Bay Company
Canada -- History -- Periodicals; Canada, Northern -- History -- Periodicals; Hudson's Bay Company -- Periodicals
The day of the Gladiator is not past. Near New York this month the
pugilistic champion of the United States, for the consideration of
merely a million dollars, will stand up for something less than an hour
to pummel and be pummeled by the pugilistic champion of Europe.
Nearly seventy thousand fervid partisans will look on, eating
peanuts--primordially yelling for blood.
Among them, it is said, will be hundreds who figure prominently in
Bradstreet's, the Blue Book and the Society Column.
Gentlewomen will be there--in the fifty dollar seat section. Roustabouts
and longshoremen, barristers, doctors and preachers, business men and
government officials--and small boys roosting in neighboring trees--all
with "thumbs down" when one bruiser weakens.
Who is there to stop wars and rumors of wars while the spirit of the
gladiatorial combat is thus rampant in human society, breaking through
the carefully laid veneer of civilization?
H.B.C. Enters Consignment Fur Business
_Company Takes Over Warehouses of Defunct Nesbitt Firm; Will
Strengthen London Market_
By PRO PELLE
One of the most interesting events in the fur trade last month was the
announcement by the Hudson's Bay Company of its intention to accept
consignments of skins for sale at its London auctions. The news came as
a surprise to many, as it has long been known that the famous old
Company took particular pride in offering no skins for sale at its
auctions save those collected by its own posts and graded with that
excellency which has earned for the Company the reputation of setting an
accepted standard for all skins.
To those who are familiar with the past history of H.B.C., the news did
not come altogether as a surprise. The Company has demonstrated on many
occasions in the past that it does not hesitate to reverse its decisions
and alter its policies when the changes wrought by time and economic
progress in the domain of the Company make such changes a business
necessity.
Many in the fur trade wondered why the Company did not enter the
consignment business sooner but the sequence of events has since
demonstrated that by keeping out of that end of the business until after
the speculators had had their fling, the Company was able to enter on
the "ground floor," so to speak, and with everything in its favor.
The establishment of great fur auction companies in St. Louis, New York
and Montreal tended to deprive London of its old-time prestige, and,
naturally, anything that detracted from the influence of the London fur
market also affected the Hudson's Bay Company.
Public-domain text, read in full here on John Shaqi.
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