Illustrating the keenness of the trade conflict, John McDonald, of Garth, also says in 1798, writing from the Upper Saskatchewan, "We had here (Fort Augustus), besides the Hudson's Bay Company, whose fort was within a musket shot of ours, the opposition on the other side of the new concern I have already mentioned, which had assumed a powerful shape under the name of the X Y Company, at the head of which was the late John Ogilvy in Montreal, and at this establishment Mr. King, an old south trader in his prime and pride as the first among bullies." Sir Alexander Mackenzie did wonders in the management of his Company, but the old lion at Montreal, from his mountain château, showed a remarkable determination, and provided as he was with great wealth, he resolved to overcome at any price the opposition which he also contemptuously called the "Little Company." In 1802, he, with the skill of a great general, reconstructed his Company. He formed a combination which was to continue for twenty years. Into this he succeeded in introducing a certain amount of new blood; those clerks who had shown ability were promoted to the position of bourgeois or partners. By this progressive and statesmanlike policy, notwithstanding the energy of the X Y Company, the old Company showed all the vigour and enthusiasm of youth. An employé of the North-West Company, Livingston, had a few years before established a post on Slave Lake. Animated with the new spirit of his superiors, he went further north still and made a discovery of silver, but on undertaking to open trade communications with the Eskimos, the trader unfortunately lost his life. Other expeditions were sent to the Missouri and to the sources of the South Saskatchewan; it is even said that in this direction a post was established among the fierce tribes of the Bow River, west of the present town of Calgary. Looking out for other avenues for the wonderful store of energy in the North-West Company, the partners took into consideration the development of the vast fisheries of the St. Lawrence and the interior. Simon McTavish rented the old posts of the King--meaning by these Tadoussac, Chicoutimi, Assuapmousoin, and Mistassini, reached by way of the Saguenay; and Ile Jérémie, Godbout, Mingan, Masquaro, and several others along the north shore of the Lower St. Lawrence or the Gulf. The annual rent paid for the Kings posts was 1000_l._