Is that colony to be
governed by the Hudson's Bay Company, who are essentially a trading and
landowning corporation, or is it to be governed in the name of her
Majesty, the Hudson's Bay Company, so far as the limits of the Crown
Colony are concerned, becoming merely traders and landowners, and
ceasing to govern as at present?
"All the difficulties at Red River - which, after all, have been much
exaggerated, and can be very easily dealt with - would be disposed of at
once were a Governor, appointed by the Crown, to be sent out; and it
does not follow that representative institutions need at first be
granted, though ultimately they would become matter of necessity. The
great object of the Governor and Committee - and Governor Dallas and
myself perfectly agree in the view - should be to induce the Colonial
Government to found a Crown Colony under arrangement with the Hudson's
Bay Company with the least possible delay.
"Such a Government would not only relieve the Hudson's Bay Company of
an immense responsibility, but it would render titles to land sold by
them, and claims to interest in the minerals, far more certain,
marketable, and profitable than at present.
"The commercial re-organization of the Company is a matter perfectly
easy in the hands of Governor Dallas, empowered to act in accordance
with his own best judgment; but this question of the government of the
country is, after all, the grand difficulty, and, if successfully
negociated, the grand hope of success as regards the future settlement
of this vast district.
