The Great Company : $b being a history of the honourable company of merchants-adventurers trading into Hudson's BayWillson, Beckles
History
The Great Company : $b being a history of the honourable company of merchants-adventurers trading into Hudson's Bay
Willson, Beckles
Fur trade -- Canada; Hudson's Bay Company; Northwest, Canadian -- History
In 1678 the first standard was approved of by the Company on the
advice of one of its governors, Sargeant, but it does not appear to
have been acted upon for some years. The actual tariff was not fixed
and settled to apply to any but Albany fort, and a standard was not
filed at the Council of Trade until 1695. It originally covered
forty-seven articles, later increased to sixty-three, and so remained
for more than half a century. At first, as has been noted in an
earlier chapter, the aborigines were content with beads and toys, and
no doubt the bulk of the supplies furnished them might have continued
for a much longer period to consist of these baubles and petty
luxuries had not the policy of the Company been to enrich the Indians
(and themselves) with the arms and implements of the chase. Gradually
the wants of the savages became wider, so that by the time, early in
the eighteenth century, the French had penetrated into the far western
country, these wants comprised many of the articles in common use
amongst civilized people. The standard of trade alluded to was
intended to cover the relative values at each of the Company's four
factories. Yet the discrepancy existing between prices at the
respective establishments was small. In 1718 a blanket, for example,
would fetch six beavers at Albany and Moose, and seven at York and
Churchill. In nearly every case higher prices were to be got from the
tribes dealing at York and Churchill than from those at the other and
more easterly settlements, often amounting to as much as thirty-three
per cent. This was illustrated in the case of shirts, for which three
beavers were given in the West Main, and only a single beaver at East
Main. The Company took fifteen beavers for a gun; whereas, when
Verandrye appeared, he was willing to accept as small a number as
eight. Ten beavers for a gun was the usual price demanded by the
French. It may be observed that a distinguishing feature of the French
trade in competition with the Company was that they dealt almost
exclusively in light furs, taking all of that variety they could
procure, the Indians bringing to the Company's settlements all the
heavier furs, which the French refused at any price, owing to the
difficulty of land transportation. These difficulties, in the case of
the larger furs, were so great that it is related that upon
innumerable occasions the savages themselves, when weakened by hunger,
used to throw overboard all but mink, marten and ermine skins rather
than undergo the painful labour of incessant portages.
Public-domain text, read in full here on John Shaqi.
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