With such extensive powers, the wonder is that the Company bears, on the whole, after its long career over such an extended area of operations, and among savage and border people unaccustomed to the restraints of law, so honourable a record. Being governed by men of high standing, many of them closely associated with the operations of government at home, it is very easy to trace how, as "freedom broadened slowly down" from Charles II. to the present time, the method of dealing with subjects and subordinates became more and more gentle and considerate. As one reads the minutes of the Company in the Hudson's Bay House for the first quarter of a century of its history, the tyrannical spirit, even so far at the removal of troublesome or unpopular members of the Committee and the treatment of rivals, is very evident. This intolerance was of the spirit of the age. In the Restoration, the Revolution, and the trials of prisoners after rebellion, men were accustomed to the exercise of the severest penalties for the crimes committed. As the spirit of more gentle administration of law found its way into more peaceful times the Company modified its policy. [Illustration: ARMS OF THE HUDSON'S BAY COMPANY.] The Hudson's Bay Company was, it is true, a keen trader, as the motto, "Pro Pelle Cutem"--"skin for skin"--clearly implies. With this no fault can be found, the more that its methods were nearly all honourable British methods. It never forgot the flag that floated over it. One of the greatest testimonies in its favour was that, when two centuries after its organization it gave up, except as a purely trading company, its power to Canada, yet its authority over the wide-spread Indian population of Rupert's Land was so great, that it was asked by the Canadian Government to retain one-twentieth of the land of that wide domain as a guarantee of its assistance in transferring power from the old to the new régime. The Indian had in every part of Rupert's Land absolute trust in the good faith of the Company. To have been the possessor of such absolute powers as those given by the Charter; to have on the whole "borne their faculties so meek"; to have been able to carry on government and trade so long and so successfully, is not so much a commendation of the royal donor of the Charter as it is of the clemency and general fairness of the administration, which entitled it not only officially but also really, to the title "The Honourable Hudson's Bay Company." CHAPTER III. METHODS OF TRADE. Rich Mr. Portman--Good ship _Prince Rupert_--The early adventurers--"Book of Common Prayer"--Five forts--Voting a funeral--Worth of a beaver--To Hudson Bay and back--Selling the pelts--Bottles of sack--Fat dividends--"Victorious as Cæsar"--"Golden Fruit."