The conquest of the great Northwest, Volume 1 (of 2): $b Being the story of the adventurers of England known as the Hudson's Bay Company. New pages in the history of the Canadian northwest and western statesLaut, Agnes C.
History
The conquest of the great Northwest, Volume 1 (of 2): $b Being the story of the adventurers of England known as the Hudson's Bay Company. New pages in the history of the Canadian northwest and western states
Laut, Agnes C.
Hudson Bay -- History; Hudson's Bay Company; Northwest, Canadian
A change has also taken place in methods of barter. Up to 1820, beaver
was literally coin of the realm. Mink, marten, ermine, silver fox,
all were computed as worth so much or so many fractions of beaver.
A roll of tobacco, a pound of tea, a yard of blazing-red flannel, a
powderhorn, a hatchet, all were measured and priced as worth so many
beaver. This was the Indian’s coinage, but this, too, has given way to
modern methods, though the old system may perhaps be traced among the
far Northern tribes. The account system was now used, so much being
consigned to each factor, for which he was responsible. The trader,
in turn, advanced the Indian whatever he needed for a yearly outfit,
charging it against his name. This was repaid by the year’s hunt. If
the hunt fell short of the amount, the Indians stood in debt to the
Company. This did not in the least prevent another advance for the
next year. If the hunt exceeded the debt, the Indian might draw either
cash or goods to the full amount or let the Company stand in his debt,
receiving coins made from the lead of melted tea chests with 1, 2, 3 or
4 _B_—beaver—stamped in the lead, and the mystic letters N. B., A. R.,
Y. F., E. M., C. R., H. H., or some other, meaning New Brunswick House,
Albany River, York Fort, East Main, Churchill River, Henley House—names
of the Company’s posts on or near the bay. And these coins have in turn
been supplanted by modern money.
One hears much of the Indians’ slavery to the Company owing to the
debts for these advances, but any one who knows the Indians’ infinite
capacity for lounging in idleness round the fort as long as food lasts,
must realize that the Company had as much trouble exacting the debt as
the Indian could possibly have in paying it.
A more serious charge used to be leveled against the fur traders—the
wholesale use of liquor by which an Indian could be made to give away
his furs or sell his soul. Without a doubt, where opposition traders
were encountered—Americans west of the Mississippi, Nor’Westers on the
Saskatchewan, French south of the bay, Russians in Alaska—liquor and
laudanum, bludgeon and bribe were plied without stint. Those days are
long past. For his safety’s sake, the fur trader had to relinquish the
use of liquor, and for at least a century the strictest rules have
prohibited it in trade, the old Russian company and the Hudson’s Bay
binding each other not to permit it. And I have heard traders say that
when trouble arose at the forts the first thing done by the Company was
to split open the kegs in the fort and run all liquor on the ground.
Public-domain text, read in full here on John Shaqi.
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