The History of the Hudson Bay Company

2424 WordsJun 16, 201810 Pages
Fur trading started between the Europeans along with the Aboriginals when the most valuable beaver pelts was a substituted for metal and clothing goods such as iron knives and axis, copper kettles, blankets and trinkets. The beaver pelts were well desired by the Europeans for the reason that using this fur for headgear provided an elegant way to keep dry. However these pelts were for fashion, as men and women could be instantly noted within the social hierarchy by according to their beaver hats. It was so valuable that the sand on the floor was filtered to save every hair that has fallen off. For the Europeans, captivating advantages of the rich furs from the Indians in the New World was a major factor in generating handsome profits,…show more content…
When the two adventurers arrived back to Quebec, they discovered something that wasn't on their mind. This first attempt on escalating their fur trade enterprise was shattered As their first struggle, the governor denied the men permission to continue their exploration, mainly frightened that the voyage would shift the focus away from the St. Lawrence. In doing so the governor of New France, Marquis d'Argenson, seized 90% of the furs as taxes and fines! The punishment was activated because the two men had violated the law for "fur trading without a license." Not only did the confiscation of their pelts were taken place, but they even jailed des Groseilliers! The anger was felt by the gentlemen and once Groseilliers was freed, the two left the colony. During the next three years the two men tried their best at persuading Boston clients to fund voyages to Hudson Bay. Their luck finally approached when their idea of rising demand for furs into Hudson Bay attracted the attention of Colonel George Cartwright. Cartwright was in New England to extract taxes from the new colony when he heard this opportunity from Groseilliers and Radisson. He urged the two gentlemen to travel with him to England to seek sponsorship. The coureur de bois heard many tales that the Cree nation (west of Lake Superior) had valuable rich furs and they knew the best way to get these
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