Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1868-05-12
THE GREAT NORTHWEST.
The Hudson Bay Company Land Mo-
nOpOIy distinguished - Important
Project Hfuted nf

The HUDSON Bay company Lana MO
nopOIy distinguished - Important
Project Hinted Mt.
From the National Intelligencer, May Sth.
"The entire domain belonging TO the
Hudson Bay Company is to be ceded to the
Crown" Such is dispatch of May 9th
from London by Atlantic cable. What is
its probable significance?
The fate of the East India Company has
doubtless overtaken the Hudson Bay Com
pany. When the mutiny in India proved
thata commercial monopoly could no longer
be trusted with the dominion of Hindo-
stan, Parliament swept it away and or
ganized the Province of India. So it is
seen by the statesmen of England that
company Of fur traders shOula no longer
exclude settlements from the valleys of the
Red river Of the North and the Ssskatche-
wan-a district as capable of producing
breadstufs as Minnesota, and of four times
the area-and Parliament in its omnipo-
tence, sets aside an old charter of the Sec
ond Charles, and will doubtless organize a
province of Central British America. We
shall not be surprised if the example of
India shall have another parallel on this
continet, by the Inauguration of railroad
system, supported by such grants of land
and imperial credit as will connect Hall
fax and Puget's Sound, through the water
link of lakes Huron and Superior, before
the year 1880. 1t will be bold card, but
Great Britain is thoroughly alarmed by
the progress of our Pacific railroad, and
may find it expedient to combine the con-
solidation of British America with the
construction of northern highway 10 In
dia.
Secretary McCulloch, in his finance re-
port Of 1850, inlimated such contingency.
90 the question Of the commercial rea-
tions between the United States and the
British Provinces, he remarked: at is not
unlikely that when the United States shall
have simplifed existing methods, and
reduced existing rates of taxation so as 10
receive the largest amount of revenue with
the least burden to industry, British
America will be prepared to undertake
system of public improvements along the
channel of the 1t. Lawrence, and through
Northwest British America TO the Pacific
coast, which, by the financial necessities
attending its adoption and the administra-
ton Of a federal government, will suggest
I3ll-N erein, or complete assimilation OF
excise and custom duties on each side of
the northern frontier" This is the Secre-
tary's alternative, in case the well-known
scheme of voluntary annexation, commn-
nicaied to Congress in June, 1866, from the
Treasury Department, is not entertained
by all the parties interested.
Senator Ramsey, Of Minnesota, proposes
for the consideration Of the English gov
eminent, to adjust all outstanding contro-
versies with the United States by the ces-
sion OF Northwest British America. The
cession nov announced by the Hudson Bay
Company to the Crown may be the pre-
liminary Of such transfer to the United
States, or, "a McCulloch has suggested, il
may he followed by an English railway
and colonization scheme Of vast proper
tons. The doubt will soon he removed.
The Northwestern question, to which the
Alaska purchase gave so sensible an i'm
pulse, advances rapidly.