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 the meantime, it was not to be supposed that the rumours of the
great value put upon petty merchandise by the hyperborean savages,
could fail to excite the cupidity of London merchants and dealers in
these things. The ships that sailed in the spring of 1671 were
besieged by peddlers and small dealers, who were prepared to
adventure their property in the wilds. Not only the ships, but the
houses selected for the Company's meetings were beset with eager
throngs, praying the adventurers, collectively and individually, to
act as middlemen for their trumpery merchandise.
Not only did the ships and the place of meeting suffer siege, but as
many as thirty persons shipped out to Hudson's Bay in the first two
voyages after the granting of the charter, while twenty-one of them
returned in the next two vessels fully determined, apparently, to
repeat a journey which had proved so lucrative.
To abate this nuisance, it was enacted that no persons would
"hereafter be employed to stay in the country or otherwise but by
consent of the Committee, nor any goods be put aboard the ships but
with their knowledge and consent, to the end that the ships be not
hereafter pestered as they were the last voyage."
This enactment may have had its rise in the dishonesty of these
self-appointed adventurers. On several occasions on unshipping the
cargo, boxes and barrels containing valuable furs would be found
missing, or their loss would coincide with the disappearance of a
reprobate who had joined the ship without a character.
Thus we read in the minutes that at one meeting it was ordered that
enquiry be made as to sixty beaver skins, "very good and large, packed
up with the others, in one of the casks, which were not found." One
Jeremiah Walker, a second mate and supercargo was required to state
which cask they were taken in, and his cross-examination reveals the
loose and unbusiness-like methods then in vogue.
Nothing could be more entertaining than the character of these
meetings, as compared with a modern board-meeting of a joint stock
enterprise. A great air of mystery was kept up. The novelty of the
undertaking was so great as to imbue the committee with a high sense
of the importance and interest of their weekly conclaves. The length
of the speeches bears witness to this spirit. A member had been known
to speak for a whole hour on the edifying theme as to whether the furs
should be placed in barrels or boxes.
[Illustration: ARMS OF THE HUDSON'S BAY COMPANY.]
Public-domain text, read in full here on John Shaqi.
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