The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1858-07-23
The HUDsoN's BAY CoNPASY.-"Ion" -
writes to the Baltimore Sun from Washing

HUDSON DAY OONPASf.--lO lOu +
writes to the Baltimore Sun from Washing
ton:
The British Hudson's Bay territories have
begun of late to occupy much attention in
England and Canada. Their territories, ex-
tending north and west of Canada, embrace
two and half millions of square miles, but
are very sparsely peopled. The whole pop
ulation, including the Indians, is not over
eight thousand. In the Hudson Bay Com
pany's service there are a few whites en-
gagged in trading or trapping. There are
also some small agricultural colonies on VAN
couvers Island and elsewhere.
The discovery of gold in these territories,
and particularly on Frazer river, has sudden
ly turned the attention of our people to this
quarter. The rush from California to the
new diggiRgs is very grsst already, and the
.gold-seekers are follewed~Sy eaders.
The British Governor, Douglas, has en-
forced against our traders and their products
theexclusive regulations of the Hudson Bay
Companys monopoly. They are forbidden
from any participation in the trade within
the territory. 1t has been suggested that
this exclusion is in violation of the recipro-
city treaty, but the provisions of that treaty
do not apply to the Hudson's Bay Territory,
but only to the British colonies of the Can
adas, New Brunswick, Nova Scotia, New
! foundland, and Prince Edwards. Governor
| Douglas will find it as difficult to suppress
trade with citizens of the United States as
to prevent their immigration.
1t is not probable that the charter of the
Hudson's Bay Company, which expires in
! 1859, will be renewed. The whole country
will be thrown open to settlement on the
same terms as are the borders now, and the
| provisions of the reciprocity treaty will be
| extended to it, as a matter of course.
The same correspondent has the following
/ letter in the Sun of Saturday:
The effect of the Frazer river gold fever
| upon California is matter of speculation.
Already the returns of gold dust to the mint
at San Francisco have been diminished by
| the withdrawal of labor from California
mines. Fifteen thousand persons have gone
from California to the new gold region, and
/ twenty-five thousand more were ready to
| follow.
There is good reason to believe that the
/ Frazer and Thompson river valleys are rich
in gold, though those who have left Cali
fornia for these new placerS have made few
or no returns in gold dust. The reason is
plain. They sell their dust to the British
Hudson Bay Company or its agents, and re-
ceive for it in return their necessary surplus.
The company ships the dust TO England for
coinage. We shall soon begin to hear from
England of the large receipts of gold at the
royal mint from Frazer river.
California will be drained of gold diggers
for the present but her agriculture and COM
merce are TO be greatly benefited by the
new markets thus opened. The Hudson
Bay Company purchase provisions, &C., from
California. They keep the monopoly of
trade in their hands, as they can do until
next May under their charter. In May
1859, their charter will expire, unless
it be meantime renewed of which
there is no probability. Mr.. Roebuck was tC
have brought up this subject in Parliament
on the 10Th ult., but it was passed over
and Parliament takes a recess at the end Of
this month. The gold excitement will oper-
ate untavorably upon any attempt to renew
the charter of the company.
1t is the policy of England to build up g
great colony on the Pacific shore, to coun
teract the influence Of Russia in the Nortl
Pacific, and the opportunity now presented
is very favorable. A colony will no doub
be organized there, and be connected aftel
while with the Canadas by railroad.
A union of all the British North Ameri-
can colonies under one government and tina
government British Prince, has been als'
talked of, and is not by any means unlike
| ly TO take place