"Yes, madam," replied the Lieutenant; "or if not exactly Frenchmen, the descendants of the masters of Canada when it belonged to France, which comes to much the same thing. These men are in fact our most formidable rivals."

"But I thought," resumed Mrs Barnett, "that after the absorption by the Hudson's Bay Company of the old North-West Company, that it had no longer any rivals on the American continent."

"Although there is no longer any important association for trading in furs except our own, there are a good many perfectly independent private companies, mostly American, which have retained French agents or their descendants in their employ."

"Are these agents then held in such high esteem?" asked Mrs Barnett.

"Yes, madam, and with good reason. During the ninety-four years of French supremacy in Canada, French agents always proved themselves superior to ours. We must be just even to our rivals."

"Especially to our rivals," added Mrs Barnett.

"Yes, especially. . . At that time French hunters, starting from Montreal, their headquarters, pressed on to the north with greater hardihood than any others. They lived for years with the Indian tribes, sometimes intermarrying with them. The natives called them the 'Canadian travellers,' and were on the most intimate terms with them. They were bold, clever fellows, expert at navigating streams, light-hearted and merry, adapting themselves to circumstances with the easy flexibility of their race, and always ready to sing or dance."

"And do you suppose that hunting is the only object of the party whose traces we have just discovered?"

"I don't think any other hypotheses at all likely," replied Hobson. "They are sure to be seeking new hunting grounds. But as we cannot possibly stop them, we must make haste to begin our own operations, and compete boldly with all rivals."

Lieutenant Hobson was now prepared for the competition he could not prevent, and he urged on the march of his party as much as possible, hoping that his rivals might not follow him beyond the seventieth parallel.