To the north, the station of Sukkertoppen was founded in 1755, and in 1759 Holsteinborg was established, and named after Count Holstein, President of the Missions College. The first factor was Nils Egede, younger son of the great missionary. Holsteinborg is well placed in an excellent harbour with the numerous Knight Islands in the offing. Fifty miles further north is the station of Egedesminde which was founded by Nils Egede in 1759, who gave it that name in memory of his father. In Disco Bay a settlement was formed by order of Jacob Severin as early as 1734 and named Christianshaab. Paul Egede was the first missionary there[99]. Claushavn was established further north in 1752. The shores and islands of Disco Bay were, at that time, the most populous part of Greenland. Another station was founded there in 1741, which was named Jacobshavn in memory of the Director of trade, Jacob Severin. In the south entrance of the Waigat the station of Rittenbenk was founded in 1755, and at the other end that of Noursoak in 1758. In those days nothing was known further north, but these 12 stations had factors, and were annually visited by ships to receive the year’s collection of blubber and skins. Some 20 years later, in 1774, the station of Julianshaab was founded in the far south. Danish Greenland has since continued on much the same lines. The Royal Trade Monopoly was established by a statute in 1774, and the system of collecting the products along the coast commenced. There are 176 inhabited places scattered over 1000 miles of coast, and 60 trading stations where the products are collected and sent to the chief stations. Besides the yield of the cryolite mine these products consist of oil, the skins of seal, reindeer, fox and bear, eider-down, feathers, whalebone, narwhal horns, walrus tusks, and dried cod; the net revenue being about £6600 a year, not including the cryolite royalty. The Danish Mission is also a government institution, there being eight missionaries with small salaries, besides catechists, not counting the Moravian missionaries with four stations. CHAPTER XIX THE HUDSON’S BAY COMPANY. HEARNE AND MACKENZIE, COOK AND PHIPPS We have seen how quickly a lucrative trade and remunerative returns followed on the heels of Arctic discoveries. It was so in the Spitsbergen seas, it was so in Greenland and Davis Strait, and now we shall see that it was so in Hudson’s Bay. The Hudson’s Bay Company, under the auspices of Prince Rupert, was founded in 1668, and an expedition was sent out, consisting of the ship _Nonsuch_, under the command of Captain Zachariah Gillam. That officer wintered with his crew in Rupert’s river and established a station called Fort Charles. A charter was granted by which the sole right to trade in Hudson’s Bay and Strait was given to the Company, with territorial rights and jurisdiction. Stations were formed and a trade in furs was established with the Indians, who received European goods in exchange.