Canada And The States Recollections 1851 To 1886 By Sir E. W. Watkin

























































































































































 - 

Some particulars of the regulation of exchange of commodities may here
be interesting.

The system of trade was simple barter - Page 204
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Some Particulars Of The Regulation Of Exchange Of Commodities May Here Be Interesting.

The system of trade was simple barter.

The equivalent of value was beaver skins; while skins of less value were again calculated as so much of each for one beaver. A kettle was exchanged for one beaver. A pound and a half of gunpowder, one beaver. One blanket, six beavers. Two bayonets, one beaver. Four fire-steels, one beaver. One pistol, four beavers. Twelve needles, one beaver. One four-foot gun, twelve beavers. Three knives, one beaver, and so on over a long list of various articles. Some of the things exchanged nearly 130 years ago, show that the Indians had a good knowledge of trade, and of objects used by civilised people. For example; brandy (English), one gallon, four beavers. Vermilion, one and a half ounces, one beaver; and combs, egg-boxes, files, glasses, goggles, handkerchiefs, hats (laced), hawk- bells, rings, scissors, spoons, shirts, shoes, stockings, and thimbles.

The factors were accused of imposing upon the Indians by using defective weights and measures; and it was said that the doubtful profit thus made, in opposition to the standards sent out from England, was called the "overplus-trade."

In the year 1748, the forts and settlements of the Hudson's Bay Company "in the Bay" were: -

Latitude

Moose Fort 51 28 Henley House, or Fort 52 The East Main House 52 10 Albany Fort 52 18 York Fort 57 10 Prince of Wales' Fort 59

This limited occupation contrasts in a marked manner with the area of posts, all over the continent, at this later date; see a list at pp. 222-226, and a map in front of this volume.

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