The principal business of the Company in the early days was, of course, the purchasing of furs from the Indians, in exchange for arms, ammunition, clothes and other commodities imported from the United Kingdom. Naturally, therefore, the prosperity of the Company depended largely upon good relations being maintained with the Indians. The white man trusted the Indians, and the Indians trusted the white man. This mutual confidence, and the friendly relations which were the result, made the transfer of the territory to Canada comparatively easy when the time for the surrender came. It is interesting to note also, that while intent upon trading with the Indians, the Company did not neglect the spread of civilizing influences among them. The result of their wise policy is seen in the relations that have happily existed since 1870 between the Government and the Indians. There has been none of the difficulties which gave rise to so many disasters in the western parts of the United States. Even in the half-breed disturbance in 1869-70, and in that of 1885, the Indians (with very few exceptions) could not be induced to take arms against the forces of law and order.
Although the Red River settlement was inaugurated and carried out under its auspices, it has been stated, and in terms of reproach, that the Company did not encourage settlement or colonization. The statement may have an element of truth in it, but the condition of the country at the time must be borne in mind. Of course, the fur trade and settlement could not go on side by side. On the other hand, until the country was made accessible, colonization was not practicable. Settlers could not reach it without the greatest difficulty, even for many years after the transfer of the territory took place, or get their produce away. Indeed, until the different Provinces of Canada became federated, and were thus in a position to administer the country and to provide it with the necessary means of communication, the opening up of its resources was almost an impossibility. No single province of Canada could have undertaken its administration or development, and neither men nor money were available, locally, to permit of its blossoming out separately as a Colony, or as a series of Provinces.
The work of the Company is still being continued, although, of course, under somewhat different conditions. The fur trade is quite as large as ever it was, and the relations of the Company are as cordial as of old with the Indians and other inhabitants in the districts remote from settlement, in which this part of the business is largely carried on. It has also adapted itself to the times, and is now one of the leading sources of supplies to the settlers in Manitoba, the North-West Territories, and British Columbia, and to the prospectors and miners engaged in developing the resources of the Pacific province. Besides, it has a very large stake in the North-West, in the millions of acres of land handed over to it, according to agreement, as the country is surveyed. In fact, it may be stated that the Hudson's Bay Company is as inseparably bound up with the future of Western Canada as it has been with its past.
There are, of course, many other things that might be mentioned in an introduction of this kind, and there is room especially for an extended reference to the great and wonderful changes that have been apparent in Manitoba, the North-West Territories, and British Columbia, since, in the natural order of things, those parts of Canada passed out of the direct control of the Company. The subject is so fascinating to me, having been connected with the Company for over sixty years, that the tendency is to go on and on. But the different details connected with it will doubtless be dealt with by Mr. Beckles Willson himself much better than would be possible in the limited time at my disposal, and I shall therefore content myself with stating, in conclusion, that I congratulate the author on the work he has undertaken, and trust that it will meet with the success it deserves. It cannot fail to be regarded as an interesting contribution to the history of Canada, and to show, what I firmly believe to be the case, that the work of the Hudson's Bay Company was for the advantage of the Empire.
London, June 23rd, 1899.