Published online by Cambridge University Press: 12 February 2009
As the Hudson's Bay Company prepares to celebrate its tercentenary it is not mere academic perverseness which prompts a paper on a period in the Company's history when it was threatened with extinction. Longevity has its own fascination, and crucial in the story of the Company's growth into one of the great business enterprises of the modern world was its survival amid the bitter criticism directed at chartered companies in the eighteenth century. Small and apparently vulnerable, it showed unexpected stubbornness in resisting attacks which overwhelmed several of its fellows. The controversies which buffeted the Hudson's Bay Company also help to illuminate those mercantile pressure groups working against monopolies in the mid-eighteenth century, and reveal something of the friction at home which accompanied the steady expansion of British commerce overseas.
page 150 note 1 Rich, E. E. (ed.), Minutes of the Hudson's Bay Company 1671–1674(Toronto, Champlain Society, and London, Hudson's Bay Record Society, 1942), p. 139. Acknowledgement is made to the Hudson's Bay Record Society for permission to quote from its volumes.Google Scholar
page 150 note 2 On all this see Rich, E. E., The History of the Hudson's Bay Company 1670–1674 (London, Hudson's Bay Record Society, 1958), Vol. I.Google Scholar
page 150 note 3 Oldmixon, John, The British Empire in America (London, 1708), i. 382.Google Scholar
page 151 note 1 Quoted in Beckles Willson, The Great Company (London, 1908), i. 256.Google ScholarPubMed
page 151 note 2 HBC A.6/5, fo. 56.I am grateful to the Governor and Committee of the Hudson's Bay Company for permission to quote from the Company records at Beaver House, London.
page 152 note 1 HBC A.6/6, fos. 83, 110.
page 152 note 2 HBC A.1/33, fo. 77d.
page 152 note 3 Hudson's Bay had been an active stock only during the 1690's, and its last public quotation was in 1700. The Company's records show that stock transfers in the eighteenth century were arranged privately, and that many of the transfers were from one member of a family to another, or between existing shareholders. See e.g. HBC A.43/4 (Stock Transfer Book, 1730–60).
page 152 note 4 A Compleat Guide to London(London, 1740), p. 134.Google Scholar
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page 154 note 1 S.P. Dom. (Naval) 42/81, p. 388.
page 154 note 2 Adm. 2/473, P. 473.
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page 154 note 4 Castle Ward Papers, Bk. V, p. 131.I am grateful to Mr Desmond Clarke, Librarian of the Royal Dublin Society, who lent me copies of the letters of Arthur Dobbs at a time when they were preserved among the Castle Ward Papers in the possession of Viscount Bangor.
page 155 note 1 See Wood, A. C., A History of the Levant Company (London, 1935), P. 154.Google Scholar
page 155 note 2 Dobbs, Arthur, An Account of the Countries adjoining to Hudson's Bay… (London, 1744), p. 65.Google Scholar
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page 156 note 2 See Acts of the Privy Council of England(Colonial Series) iii. 776–7. Throughout this paper dates before 1752 are given in Old Style, except that the year is taken to begin on 1 January, not 25 March.
page 156 note 3 The letter of 8 February 1748 is printed in Clarke, Arthur Dobbs, pp. 212–13.
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page 157 note 2 The pleas of Dobbs and the Company are set out in HBC, E.18/1, fos. 112–19.
page 158 note 1 It was one made by the East India Company later in the century, at the time of Fox's India Bill of 1783 for example. See Sutherland, East India Company, pp. 401, 412.
page 158 note 2 Report of Ryder, D. and Murray, W. to the Privy Council, 10 August 1748. Printed in Papers presented to the Committee Appointed to Inquire into the State and Conditions of the Countries Adjoining to Hudson's Bay, and of the Trade carried on there (London 1749), p. 78.Google Scholar
page 158 note 3 Castle Ward Papers, Bk. VI, p. 142.
page 158 note 4 See Journals of the House of Commons, xxv, 810–52 passim
page 159 note 1 See Brit. Mus., Lansdowne MS. 846, fo. 277.
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page 161 note 1 See Hudson's Bay Company Papers, University of Toronto Library, p. 1.
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page 162 note 3 See Rich, History of Hudson's Bay Company, i. 649–53.
page 162 note 4 See HBC A.2/1, fo. 35d, A.2/2, fos. 5, 8, 10.
page 162 note 5 Annotation by John or Robert Merry in Dobbs, Short State, p. 4.
page 162 note 6 HBC E.18/1, fos. 190–204.
page 163 note 1 ibid., fo. 203d.
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page 164 note 1 D.O.D. 162/60, p. 5.
page 164 note 2 See Reports from Committees of the House of Commons (1803), ii. 373–7.
page 164 note 3 Journal of the Commissioners for Trade and Plantations, 1750–1753 (London, 1932), p. 300. See also CO. 5/6, fos. 71–91; S.P. Dom. 44/323, fos. 41–9.Google Scholar
page 165 note 1 Tucker, Josiah, A Brief Essay on the Advantages and Disadvantages which respectively attend France and Great Britain with regard to Trade (London, 1750). P. 41.Google Scholar
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page 166 note 3 See Williams, Northwest Passage, ch. VI.
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page 167 note 1 Dobbs, Short State, annotation on p. 5.
page 167 note 2 Even so, Sir James Winter Lake was Deputy–Governor throughout Wegg's Governorship. Between 1710 and 1807 there were only eight years (1743–6 and 1760–5) when a member of the Lake family was not either Governor or Deputy Governor.
page 168 note 1 Smith, Adam, An Inquiry into the Nature and Causes of the Wealth of Nations,.reprinted from the 6th edn. with an introduction by Scott, W. R. (London, 1921), ii. 265.Google Scholar
page 168 note 2 See Council Minutes of the Royal Society, Bk. V (1763–68), pp. 187 ff.
page 168 note 3 ibid., Bk. VI (1769–82), pp. 121, 206.
page 169 note 1 See Cook, James and King, James, A Voyage to the Pacific Ocean… (London, 1784), i.Google Scholar
page 169 note 2 The Monthly Review (London, 1784), lxx. 462Google ScholarPubMed. See also The Critical Review (London, 1784), lviii. 88.Google ScholarPubMed
page 169 note 3 The Monthly Review (London, 1787), lxxvii. 292.Google ScholarPubMed
page 170 note 1 CO. 42/72, p. 515.
page 170 note 2 Umfreville, Edward, The Present State of Hudson's Bay (London, 1790)Google Scholar. On Umfreville see Dr Glover's, Richard comments in Williams, Glyndwr (ed.), Andrew Graham s Observations on Hudson's Bay 1767–1791 (London, Hudson's Bay Record Society, 1969), pp. xxx–xxxiii.Google Scholar
page 170 note 3 HBCC.7/13, fo. 1.
page 170 note 4 CO. 42/72, P. 555.
page 170 note 5 HBC C.7/13, fo. 1d.
page 170 note 6 Dalrymple, Alexander, A Plan for Promoting the Fur–Trade, and Securing it to this Country, by Uniting the Operations of the East–India and Hudson's Bay Companys (London, 1789), preface.Google Scholar
page 171 note 1 Glover, , Journey by Samuel Hearne, pp. lviii, lxiv–lxxi.Google Scholar
page 171 note 2 The Gentleman's Magazine (London, 1796), lxvi. 497.Google ScholarPubMed