The Hudson’s Bay Company
The Hudson`s Bay Company was incorporated by King Charles II of England on May 2, 1670. His decision was prompted by the successful voyage of the British ship Nonsuch, which returned from the recently discovered Hudson’s Bay crammed with precious beaver furs. The king granted the new company wide powers, including a monopoly of trading rights to a huge block of territory bordering the Bay, then known as Rupert’s Land. The Company was ordered to develop links with the native Americans of Rupert’s Land, and trade took off swiftly. Here fashion played a part: the ladies and gentlemen of 18th-century Europe were gripped by a passion for the beaver hat, and the demand for beaver pelts became almost insatiable. (daha fazla…)

