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
Old servants of the Company came forward to dispel these calumnies,
and seeing their first falsehoods destroyed, Selkirk's enemies now
proceeded to follow new tactics. They spoke with feigned alarm
concerning the hostile disposition of the aborigines; they lamented
with affected sympathy and humanity the injuries and slaughters to
which the colonists would be exposed from the savages.
At the adjourned meeting the proposition was again discussed amidst
the greatest excitement and tumult, and adopted. A memorial or protest
was however entered against the measure, bearing the signature of six
of the proprietors.
[Sidenote: Opposition by agents of the North-West Company.]
Of these six signing the protest, three were persons closely connected
with and interested in the rival commercial concerns of the North-West
Company of Montreal; and two of the three were, at the very moment,
avowed London agents of that association. These had become proprietors
of Hudson's Bay stock only eight and forty hours before the general
meeting. They were not indeed possessed of it long enough to entitle
them to vote at the meeting; but their names now being entered in the
Company's books, though the ink was scarcely dry with which they were
inserted, they felt themselves competent to formally raise their
voices in condemnation of those measures which the committee of
directors unanimously, and the general court by a great majority, had
approved of.
Their design in acquiring the Company's stock was obvious. However
circuitous the stratagem might be, it was clear that they had thus
become proprietors of one commercial company for the purpose of
advancing the fortunes of another, and a rival concern.[92] The
stratagem did not altogether fail, for Lord Selkirk's agents were yet
to encounter much friction in distant quarters supposed to be
friendly, and required to be obedient to the orders of the Company.
When the vote was taken, it was found that for the question there
appeared holders of stock valued at £29,937; against it, £14,823. The
Earl, himself, voted "for"--£4,087; the principal opponent of the
scheme being one William Thwaytes, whose interest was represented at
£9,233.
At this meeting a memorial was read violently opposing the scheme,
signed by Thwaytes and four or five others. According to them, the
main objections were:--(_a_) Impolitic; (_b_) Consideration
inadequate; (_c_) Grant asked for very large proportion of Company's
holding, viz.: 70,000 square miles, or about 45,000,000 acres; (_d_)
Should be a public sale, if any, not a private contract with a member
of the Company; (_e_) No penalty for failure to find settlers; (_f_)
Colonization unfavourable to the fur-trade; private traffic would be
carried on with the United States of America.
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