By an Order-in-Council dated the 4th of February, 1748, a petition from Arthur Dobbs and members of a committee appointed by the subscribers for finding out a passage to the Western and Southern Ocean of America, "was referred to the consideration of a committee of Parliament." After hearing counsel for and against the Company, this committee of two members decided that "considering how long the Company have enjoyed and acted under this charter without interruption or encroachment, we cannot think it advisable for his Majesty to make any express or implied declaration against the validity of it till there has been some judgment of a court of justice to warrant it." Dobbs and his friends were enraged at this decision, and lost no time in taking other steps. FOOTNOTES: [60] The name of John Stanion certainly appears in the list of proprietors of Hudson's Bay stock, published in 1749, but it is followed by the significant term _deceased_. [61] Henry Ellis. CHAPTER XXIII. 1748-1760. Parliamentary Committee of Enquiry Appointed -- Aim of the Malcontents -- Lord Strange's Report -- Testimony of Witnesses -- French Competition -- Lords of Plantations desire to Ascertain Limits of Company's Territory -- Defeat of the Labrador Company -- Wolfe's Victory -- "Locked up in the Strong Box" -- Company's Forts -- Clandestine Trade -- Case of Captain Coats. [Sidenote: Parliamentary enquiry.] "Mr. Sharpe, the Company's solicitor," we read in the Company's minute-books, under date of March 10th, 1748, "attending the Committee acquainted them that a motion was yesterday made and carried in the House of Commons to enquire into the state and condition of the countries and trade of Hudson's Bay, and also the right the Company pretend to have by charter to the property of the land, and exclusive trade to those countries, and that a committee was appointed accordingly." The Adventurers were not caught entirely unawares. They had expected some such move on the part of their opponents, and now determined that since they could not ward off the enquiry, they would take the best means to present the most favourable statement of the Company's case to the nation. A ransacking of books and records ensued; and a rigorous search after facts bearing on the beneficent character of the Company's rule and policy; and these proofs being at length ready, were placed by the following December in the form of a memorial in the hands of every member of the House of Commons. The enquiry aroused the greatest national interest. It began soon after Christmas, 1748, and lasted for two months. [Sidenote: Plea of the malcontents.]