The Remarkable History of the Hudson's Bay Company: Including that of the French Traders of North-Western Canada and of the North-West, XY, and Astor Fur CompaniesBryce, George
History
The Remarkable History of the Hudson's Bay Company: Including that of the French Traders of North-Western Canada and of the North-West, XY, and Astor Fur Companies
Bryce, George
Fur trade -- Northwest, Canadian; Hudson's Bay Company; North West Company; Northwest, Canadian -- History; XY Company
For twelve successive years Prince Rupert was chosen Governor at the
General Court of Adventurers, and used his great influence for the
Company. He died on November 29th, 1682, at the comparatively early age
of sixty-three.
The death of the first Governor was a somewhat severe trial for the
infant Company. The Prince's name had been one to conjure by, and though
he had been ably supported by the Deputy-Governor, Sir James Hayes,
yet there was some fear of loss of prestige to the Adventurers on his
unexpected death.
The members of the Company were anxious to keep up, if possible, the
royal connection, but they were by no means clear as to the choice of
the only available personage who came before their view. James, Duke of
York, was a man with a liking for business, but he was not a popular
favourite. The famous _jeu d'esprit_ of Charles II. will be remembered.
When James informed Charles II. that there was a conspiracy on foot to
drive him from the throne, "No, James," said Charles, "they will never
kill me to make you king."
The minutes of the Company show that much deliberation took place
as to the choice of a successor to Prince Rupert, but at length, in
January, 1683, at a General Court, the choice was made, and the record
reads:--"His Royal Highness the Duke of York was chosen Governor of
the Company, 'Nemine contradicente.' "The new Governor soon had reasons
to congratulate himself on his election, for on April 21st, 1684, Sir
James Hayes and Sir Edward Dering reported to the Adventurers their
having paid 150 guineas to His Royal Highness as a dividend on the stock
held by him. Prince James was chosen Governor for three successive
years, until the year when, on the death of Charles, he became King.
While James was not much in favour as a man, yet he possessed decided
administrative ability, and whether this was the cause or not, certainly
the period of his governorship was a successful time in the history of
the Company.
Failing a prince or duke, the lot could not have fallen upon a more
capable man than was chosen as the Duke of York's successor for the
governorship. On April 2nd, 1685, at a General Court of the Adventurers,
the choice fell upon one of the most remarkable men of his time, the
Right Hon. John Lord Churchill, afterwards Duke of Marlborough. Lord
Churchill had not yet gained any of his great victories. He was,
however, at this time a favourite of the Duke of York, and no doubt,
on the recommendation of James, had been brought before the Court of
Adventurers. He was one of the most adroit men of his time, he was on
the highway to the most distinguished honours, and the Adventurers
gladly elected him third governor.
On April 2nd, 1685, the new governor threw himself heartily into the
work of the Company. No doubt one so closely connected with the public
service could be of more practical value than even a royal duke. The
great dividend of which we have already spoken followed the years of his
appointment.
Public-domain text, read in full here on John Shaqi.
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