Hudson Bay Company History

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Why are the states, provinces, and countries of North America divided the way they are? It must have taken years to figure out and agree on what group owned what section of land. Not only did the groups making the borders have to deal with individual land claims, but they had to consider the claim of large organizations who owned millions of acres of land. One company which owned large amounts of Canada was the Hudson Bay Company. The Hudson Bay company was able to greatly impact early North America because of its long history, tireless workers, and economic power. Due to the fact that the Hudson Bay Company has been around for such a long time, it has been able to have a constant say in major events in North America. The Hudson Bay company …show more content…
The company was established when Prince Rupert and his partners received a charter from his cousin King Charles (“Hudson Bay Company Archives”). In addition to its old age, the company has served as a constant force helping promote sustainability in the North American economy. The Hudson Bay Company has remained as a stable force over five centuries and the rule of fifteen monarchs from Charles II to Elizabeth II (“Hudson Bay Company Archives”). Over time the demand for furs has subsided, but the lasting impact that the company’s workers have left behind will remain.
The tireless workers of the Hudson Bay Company were the main driving force behind an age of trade and industry, responsible for greatly impacting pre-industrial revolution North America. The employees of the company had to deal with numerous obstacles and demanding challenges in order to ensure that the trading went smoothly. Referencing a first-hand account of Joshua Pitcher shows the difficulties in the transportation of goods in the winters “The snow was here three feet deep, and great difficulty experienced in getting the horses along. As soon as we turned the
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The Hudson Bay Company possessed a large amount of land. The amount of land the Hudson Bay Company was granted was immense from the 1670 land-grant the Hudson Bay Company acquired a million and a half square miles, which is over 40% of modern Canada (“Hudson Bay Company Archives”). With this vast amount of land controlled by the company, they were able to regulate the influx tens of thousands of furs at their various outposts. At Fort Albany one of their trading posts “the number of beaver skins over the period 1700 to 1720 averaged roughly 19,000 with wide year-to-year fluctuations; the range was about 15,000 to 30,000” (Carlos). Similarly to Fort Albany, the Hudson Bay Company had to deal with a multitude of furs at York Factory. The amount of furs collected at York Factory was astounding, in 1730 and 1731 the average amounts of furs was 55,600 but the amount decreased to a plateau of 31,00 for the next decade (Carlos). Despite its high popularity, demand for furs eventually subsided, but the grand total of resources poured into America to supply all the furs to Europe is almost incomprehensible. English ports shipped over 500,000 beaver hats in 1760 and around 370,000 felt hats. Over the seventy year period of high demand over 21 million hats were shipped from England to the rest of Europe

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