The mineral resources of Oregon have not been investigated. Great quantities of bituminous coal have however been discovered on Puget’s Sound,[61] and on the Willamette. Salt springs also abound; and other fountains highly impregnated with sulphur, soda, iron, &c., are numerous.

Many wild fruits are to be met with in the territory, that would be very desirable for cultivation in the gardens of the States. Among these are a very large and delicious strawberry, the service berry, a kind of whortleberry, and a cranberry growing on bushes four or five feet in height. The crab apple, choke cherry, and thornberry are common. Of the wild animals, there are the white tailed, black tailed, jumping and moose deer; the elk; red and black and grey wolf; the black, brown, and grisly bear; {249} the mountain sheep; black, white, red and mixed foxes; beaver, lynxes, martin, otters, minks, muskrats, wolverines, marmot, ermines, wood-rats, and the small curly-tailed short eared dog, common among the Chippeways.

Of the feathered tribe, there are the goose, the brant, several kinds of cranes, the swan, many varieties of the duck, hawks of several kinds, plovers, white eagles, ravens, crows, vultures, thrush, gulls, woodpeckers, pheasants, pelicans, partridges, grouse, snowbirds, &c.

In the rivers and lakes are a very superior quality of salmon, brook and salmon trout, sardines, sturgeon, rock cod, the hair seal, &c.; and in the bays and inlets along the coast, are the sea otter and an inferior kind of oyster.

The trade of Oregon is limited entirely to the operations of the British Hudson Bay Company. A concise account of this association is therefore deemed apposite in this place.

A charter was granted by Charles II, in 1670, to certain British subjects associated under the name of “The Hudson’s Bay Company,” in virtue of which they were allowed the exclusive privilege of establishing {250} trading factories on the Hudson’s Bay and its tributary rivers. Soon after the grant, the Company took possession of the territory, and enjoyed its trade without opposition till 1787; when was organized a powerful rival under the title of the “North American Fur Company of Canada.” This company was chiefly composed of Canadian-born subjects—men whose native energy and thorough acquaintance with the Indian character, peculiarly qualified them for the dangers and hardships of a fur trader’s life in the frozen regions of British America. Accordingly we soon find the North-westers outreaching in enterprise and commercial importance their less active neighbours of Hudson’s Bay; and the jealousies naturally arising between parties so situated, led to the most barbarous battles, and the sacking and burning each others posts. This state of things in 1821, arrested the attention of Parliament, and an act was passed consolidating the two companies into one, under the title of “The Hudson’s Bay Company.”[62]

This association is now, under the operation of their charter, in sole possession of all that tract of country bounded north by {251} the northern Arctic Ocean; east by the Davis’ Straits and the Atlantic Ocean; south and south-westwardly by the northern boundary of the Canadas, and a line drawn through the centre of Lake Superior; thence north-westwardly to the Lake of the Wood; thence west on the 49th parallel of north latitude to the Rocky Mountains, and along those mountains to the 54th parallel; thence westwardly on that line to a point nine marine leagues from the Pacific Ocean; and on the west by a line commencing at the last mentioned point, and running northwardly parallel to the Pacific coast till it intersects the 141st parallel of longitude west from Greenwich, England, and thence due north to the Arctic Sea.

They have also leased for twenty years, commencing in March, 1840, all of Russian America, except the post of Sitka; the lease renewable at the pleasure of the Hudson’s Bay Company.[63] They are also in possession of Oregon under treaty stipulation between Britain and the United States. Thus this powerful company occupy and control more than one-ninth of the soil of the globe. Its stockholders are British capitalists, resident in Great Britain. From these are elected a board of managers, who {252} hold their meetings and transact their business at “The Hudson’s Bay House” in London. This board buy goods and ship them to their territory, sell the furs for which they are exchanged, and do all other business connected with the Company’s transactions, except the execution of their own orders, the actual business of collecting furs in their territory. This duty is entrusted to a class of men who are called partners, but who in fact receive certain portions of the annual net profits of the Company’s business, as a compensation for their services.

These gentlemen are divided by their employers into different grades. The first of these is the Governor-General of all the Company’s posts in North America. He resides at York Factory, on the west shore of Hudson’s Bay.[64] The second class are chief factors; the third, chief traders; the fourth, traders. Below these is another class, called clerks. These are usually younger members of respectable Scottish families. They are not directly interested in the Company’s profits, but receive an annual salary of £100, food, suitable clothing, and a body servant, during an apprenticeship of seven years. At the expiration {253} of this term they are eligible to the traderships, factorships, &c. that may be vacated by death or retirement from the service. While waiting for advancement they are allowed from £80 to £120 per annum. The servants employed about their posts and in their journeyings are half-breed Iroquois and Canadian Frenchmen. These they enlist for five years, at wages varying from £68 to £80 per annum.[65]

An annual Council composed of the Governor-General, chief factors and chief traders, is held at York Factory. Before this body are brought the reports of the trade of each district; propositions for new enterprises, and modifications of old ones; and all these and other matters deemed important, being acted upon, the proceedings had thereon and the reports from the several districts are forwarded to the Board of Directors in London, and subjected to its final order.