Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1863-08-13
sale 81 ,As Ilpa.ep'. Ba1 Tsrsisary

Prem th- Journal Of Coumsrcs
I've mznm0th laad corporations have rons
out OF existence within a short hme-tha rn's-
norahie of Vbich We have suY record a 'eH
years ag0 the great East In Is company Ess
ezHnRUished sxpinng with the last snoers
the S-Day rebslii0n snd now tie public IS ear
5ris d by the announcement fhsf che Huis0ns
Bay company is anoag ths things that rer-
s elrDo ysiion of which Is MIGHT be said Fi'l a.
mos. the ssme propristy as Eimuud Burke on
served of fhe ioriser. '1he commission 81 fhe-
company began ia commerce sDd ended n err
pirs The vast territory controlled sy ne H d
sons Bay company, c0Hapr, sing near.y guy V-v'
900 acres and stretching over ] 4yy,you square
miles, bss been source OF deep com
plant on the part Of Canadian oeop.s ioz
many years IS tie interests Of the c7yupar5
wsre necessarily sntsgOnis'ie 90 those Of t7E7ii-
cation and progress. The Canadians Hishsd'o
invite emigration and 20 encourage She o0nslrac
tioR Of roads whereas the prosperity of the eo
psny was dspsndent upOa tba prosecution Of
fur trade, and therefore, while these tra7aIs
msiRed in power, it was dsafsed that 3 large
portion Of British North Ameries should b -
served for the propagation Of wild snimls Ire
gold discoveries az Van Couvsr's isand ard
other parts Of the Norihwo5tsrn coast increasr5
the demand thas this extensive policy shou Be-
done away, especially as it Is already cardinal
principle in the political erssd Of Canada iaat
an intsreol0nial railroad inc.EaiuE & us-iural
highWsy between both oceans. is infisuensasla
te the confederation Of the provinces and Eas
eventusl erection Of 6 c0mplets nari0uaiitY. OF
course the Canadians vii be greatly iced By
the anuouncemsns made IN the B iii-H Par5s~
ment on the 2d inst, By the Duke y y Fcssfle,
when be exp.aiu8d the terms Just comp I'D Tor
the sale Of the whole territory ,1 fhs i ialns-
tional Fusacial ascension for El 10000 a.
the ret revenue Of this princIpsliiy has ava agsl
ESQ coo per annHm for many years Pasi ials .
not an sxlraysgans vslgatioa-
The capital Of tie new 5rm IS fixed Ct g.
COO 900, and the stuck viii Be issusd in cslt g.
Gates Of go eash. Although The greatsf palt
fs desert Of snow, there is a southern Ianzs Of
land sEiIabis for e0.oniEstiOn, Eaiarsd by z1out
fourteen buBdTsd miles Of navigabla lakes snd
rivers, and rieh IN mines Of cosi, Iced end iran-
It is this poTtiOu Of the ceded isritary ~
speeting Which the Duke observed the Efforts Of
the eompsRy "would be directed 60 she pr5--
mstion Of the ssttlemsnt Of the country, Sac le-
velepmant Of the postal and transit eemmunies-
ton being enc Of the objects 90 Which they
would Gpply themselves Sir Eimund Head,
lsto g0verusT-g general Of Canada, eui q gaufIs-
man fully Identified Wifh the interests oI tie
prsFincss vii Be the new F8Fcrnsr. The In
Psrial Government, il is announced. viii grsnt
portions Of the sfsWn land In ard 0l the pl1-
posed telegraph line over he Rocky asun-sina.
20 the gold country on the Pacific eesst
A result Of this change Of oEnerssip which
some apPTshendad IL Eaglsad, judging tron
remaTk from ene Of the members of Psra8uant,
is the transfer Of tbe seat Of the fuE lrads fI3n
London 20 New York, as be ssid there is rsason
t5 believe the priaeipal sgenis 0f the new csm-
pany sTe Americans. AZ the HUDSON Bay iur
trsds Is Of no ordinary imp5Ftance, Nsw York
srs viii hope that this aarnis8 has substantial
foundation
Ia regard 10 the anticipated bsns6s fgon tle
increase Of emigration % British North Amarics
there is a wide fed for conjecture. a long Pc
riod must elspss bsfors any essential progress
can be made in the proposed works Of Internal
Improvement