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
England was again at war with France. Napoleon had placed an embargo
on English commerce, and to the uttermost corner of Europe was this
measure felt. Tons of the most costly furs, for which there was no
market, lay heaped in the Company's warehouse. The greatest difficulty
was experienced in procuring servants, especially seamen, and when
these were procured, they were often seized by a press-gang; shares
began to decline in value; numerous partners were selling out their
interests, and no strong man appeared at the head of affairs.
In 1808 no dividend was paid, chiefly the result of the
non-exportation of the Company's furs to the Continent of Europe.
There were the accumulations of furs imported during 1806, 1807 and
1808 lying in the warehouse without prospect of sale.
The pressure still continued and at last, in 1809, the Company was
driven to petition the Chancellor of the Exchequer for transmission to
Lords of the Treasury, setting forth the Company's position and its
claims on the nation.
[Sidenote: The Company in difficulties.]
"Accumulated difficulties," it said, "have pressed hardly on the
Company and we ask assistance to maintain a colony that till now has
found within itself resources to withstand the pressure of all former
wars and to continue those outfits on which six hundred Europeans and
their families and some thousands of native Indians depend for their
very existence.
"We assure your worships that it was not until all those resources
were exhausted that we came to the resolution of making the present
application."
The petition recited that after having received their charter the
Company had colonized such parts of newly granted territories as
appeared most convenient for carrying on their commerce with the
natives. This commerce "consisted in the barter of British
manufactures for the furs of animals killed by the different tribes of
Indians who were within reach of factories and gradually extended
itself till, as at the present moment, the manufactures of Great
Britain are borne by the traders of Hudson's Bay over the face of the
whole country from Lake Superior to the Athabasca.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account