The conquest of the great Northwest, Volume 2 (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 2 (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
_Notes to Chapter XXXIV._--The authorities for this chapter are H. B.
C. Archives; the Parl. Report of 1857; Canadian Hansard, and local
data gathered on the spot when I lived in Winnipeg. Dr. George Bryce
is the only writer who has ever attempted to tell the true inward
story of the first Riel Rebellion. I do not refer to his hints of
“priestly plots.” These had best been given in full or left unsaid,
but I do refer to his reference to the danger of Red River going as
Oregon had gone--over to a Provisional Government, which would have
meant war; and I cannot sufficiently regret that this story is not
given in full. In another generation, there will be no one living who
can tell that story; and yet one can understand why it may have to
remain untold as long as the leading actors are alive.
I do not touch on the Riel Rebellion in this chapter, as it belongs to
the history of the colony rather than the company; and if I gave it, I
should also have to give the Whitman Massacres of Oregon and the Gold
Stampede of B. C., which I do not consider inside the scope of the
history of the company as empire builder. Much of thrilling interest
in the lives of the colonists I have been compelled to omit for the
same reason; for instance, the Sioux massacres in Minnesota, the
adventures of the buffalo hunters, such heroism as that of Hesse, the
flood in Red River, the splendid work of the different missionaries
as they came, the comical half garrison life of the old pensioners,
including the terrible suicide of an officer at Fort Douglas over a
love affair. Whoever tells the story where I have left off will have
these pegs to hang his chapters on; and I envy him the pleasure of his
work, whether the story be swung along as a record of the pioneer,
or of Lord Strathcona --the Frontenac of the West--or of the great
Western missionaries.
* * * * *
Two or three discrepancies bother me in this chapter, which the wise
may worry over, and the innocent leave alone. In Parl. Inquiry, 1857,
Ellice gives the united capital of H. B. C. and N. W. C. in 1821, as
£400,000. As I made transcripts of the minutes in H. B. C. House,
London, I made it £250,000. In any case, it was increased to five
before the Int. Fin. Association took hold.
* * * * *
Another point, the new company paid £1,500,000 for the stock. The
stock sold to the public totalled a larger capital--much larger. I
do not give this total, though I have it, because at a subsequent
period the company retired part of its capital by returning it to the
shareholders, if you like to put it that way; or paying a dividend
which practically amounted to a retirement. That comes so late in the
Company’s history, I feel it has no place here. Therefore, to name the
former large capital would probably only mislead the reader.
* * * * *
Public-domain text, read in full here on John Shaqi.
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