The weekly north Iowa times. [volume] (McGregor, Iowa) 1857-1867, 1858-07-28

-. From the London Mercantile Gazette, Juns ..
The Hudsons Bay Company and tha
q. Oregon Gold Discoveries. ::
| Our Canadian advices report that the
Colonial Parliament is about to take ur
the question of the, monopoly Of the
Hudson's Bay Company in right earn.
est. The local government, it itappears;
have prepared certain resolutions on the
matter which will be submitted to the
Legislature on an early day, and notice
has appeared in the official Gazette of
their intention, at the expiration OF
eighteen months, to cancel the lease of
the "King's Posts," on the northern
shores of the St. Lawrence, granted to
the Company in 1859 for twenty years
while the Canadian Commissioner Of
Crown lands has expressed his determi..
nation to restore to the Canadians the
fishing stations hitherto enjoyed exclu.
sively by the Company. to the great
detrim snt of the interest of the Upper
Province. 1t is stated, moreover, that
the Provincial Secretary will move d
series of resolutions respecting Rupert's
Land, the Indian Territory, and the
Hudson's Bay Company. Mr.. Brown.
also, the leader of the opposition in the
House of Assembly, will movefor COM
mittee of inquiry on the general sub.
ject; and Colonel Playfair will also seek
for select committee to consider the
necessity of the survey of the tract be,
tween Lake Superior anc the Red River
settlement, with view to establishing
a line of railway: and Mr.. Dawson,
brother ofthe engineer in charge Of the
survey of the route between Canada and
the Northwest, will also bring forward a
set of resolutions and move an address
to the Crown on the subject Of the mo-
nopoly, the condition of the Northwest
provinces, and of the Indian territories.
In immediate connection with this
subject we may direct the attention Of
our readers to the few remarks of cor.
respondent which we give elsewhere.
and which relates to the discovery of
gold in distant portion of the Com
pany's territories--namely: Oregon.
This discovery, it is anticipated. will, if
fully realized, completely annihilate the
company's sway in that distant region:
There will be a rush of adventures from
California and other parts Of the United
States, and probably also from Canada;
who will care very little for the o-called
rights ola usedup fur company, if those
rights clash with the wishes and inten-
tons of gold-diggers, many of whom
will, of course, become settlers. Hith-
erto, it appears, the company have b,en
in the habit of charging COS an acre for
lands in Oregon, while the American
government, in order to stimulate immi-
grafton into the United States portion Of
the territory referred to, give 100 acres
free to actual settlers. and as much land
to spectators as they choose to take at
So per acre. The result has been hith-
erto that American Oregon has absorbed
all the emigrants to that part of North
America, while British Oregon has been
abandoned to fur-producing animals,
more valuable, no doubt, in the eyes Of
the company than the most energetic
body of immigrants. All this must be
changed. A line of steamers from San
Francisco to Oregon will bring the
nearest ports of the region within forty
or fifty days of London and Thirty or
thirty five ofNew York,
The chief obstacle hitherto to the set
tlement of Oregon and of Vancouver's
Island have been the extreme distance
of these territories, added to the inter-
ested iealousies of the Hudson's Bay
Company. The latter, however, have
formally offered to surrender Vancou-
yer, the Red River, and the Saskatche-
wan districts, on condition of being al
lowed to retain the remainder of their
vast hunting grounds. The discovery
of gold to which we have referred, with
the immediate intercourse with Cali
fornia and other parts of the United
States to which this discovery must in
evitably lead, will result in the COM
plete dispossession of the company in
Oregon, and will open up that fine re-
gion to settlement and colonization, the
company to the contrary notwithstand-
ing. All classes, all denominations,
every interest in our North American
Provinces, so far as they have given
expression to their feelings, unite in the
demand for the termination of the sway
hitherto exercised by the Hudson's Bay
Company over the vast regions of Brit
18th America, to the exclusion Of the
natural rights, not only of the popula-
ton of our North American Provinces,
but of every euterprising individual IN
that part of the world who owes allegi-
ance to the British crown.
Co1 Rfantoe'a F1rt,f with cha Tn Al ans