Tuesday, November 26, 2013

Enterprising the British

In 1670, King Charles II of England granted the newly created merchant " Hudson's Bay Company " exclusive rights to trade and hunt on the overseas territories of Canada  which the British have wrested from the French.
Agents Companies began buying furs from the Indians in exchange for firearms, gunpowder, tobacco and rum. Calculation was made as follows: Hunter was putting beaver pelts stacked to a height of guns, which he wanted to buy.
Soon the British have realized how they can get more furs for one gun. Commissioned by the company, they began to make guns with more long barrels. Beaver fur obtained in exchange for one gun, in England was more expensive of one hundred  new such guns.


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