, 1858-10-22
rueFT SOUND COMPANY.

IbuEN oOoND NOAAA ANAs
COWlitZ farm. .......................... 4lb,OO0
Nisqually, including the fort, farm, sheep
ranges, and land claims Of upwards Of ten ,..,ol
vaIus ss Of H. ascod will, Of he Hudson Bi1
Oompany's business in Oregon, including ..
trade with Indians, conducted by virtue Of
Cattle ranges in varca; parts Of ths Territory
on which the Hudson Bay Company were ~
accustomed to place their aocks and herds
previous TO the date Of the Oregon treaty, 10000
Total. ................. 11Ss,SoS
or, q $4,000. ~ TIs
Recently the two companies named above
have signifed, through Lord Napier, their
willingness to accept 5000, 900; and, as the
matter has remained unsettled for anumber
Of years, It is desirable that some grange
ment should be finally made BY the United
States, to extinguish the claim upon the
property, much Of which IS now used for
national pursposes. A Inference Of opinion
exists as to the value Of the interests Of the
Hudson Bay Company in Oregon, among
those assuming to be cognizant Of their
nature and extent but we see it stated
that Gov. Stevens considers $500, 900 q
reasonable amount for the property. 9th
ers assert that the Improvements have been
made by American citizens, whose claims
have been acknowledged, and which Of
course cannot be made the subject Of nego-
tiation. The matter oomes directly within
the sphere Of the War Department, and it
is expected the next report Of Gov. Floyd
will contain O recommendation for the purs
chase, on fair terms, Of such "possessoEy
rights" as may be held by the Hudson
Bay Company in American territory. This
result will be accelerated BY the near ap-
proach Of the time when the Company'sl
charter expires, which, Of course, makes it
matter Of interest to close up their bnsi-
ness in this locality as soon as possible.
A reference is made to the Puget Sound
Company, In the schedule Of property given
above. Sir George Simpson, in bis mono
randum, deemed it necessary to give the
following statement Of its connection with
the Hudson Bay Company:
Several years before the Oregon treaty,
lin Is3s-9), the Hudson Bay Company
finding their operations on the Pacific too
multifarious to be efficiently managed by
one concern, It was thought advisable to
separate their agricultural business from
their more legitimate commerce, and it was
accordingly transferred to an association
formed for the purpose, called the Puget
Sound Agricultural Company, shares 10
which were taken by the stockholders Of
the Hudson Bay Company, and persons In
their service, as well as BY strangers. Up
wards Of HOO shares, RlOO each, were
subscribed for, on which ten per cent was
paid, and for the first seven or eight years
the whole Of the profits were added to the
capital, which has been invested in the
farms and live stock Of that association In
Oregon. The connection between the two
companies consists in the fact Of the Hud-
son Bay Company being large purchasers
Of the agricultural produce Of the Puget
Sound Company, and that the Governor
and Deputy Governor Of the Hudson Bay
Company and the GoVernoriu-C -Chisf Of
these territories, are the agents Of the Pu-
get Sound Company, the business Of which
IS carried on under a deed Of settlement 10