THE FUR-TRADE OF THE HUDSON'S BAY TERRITORIES. 309 



crease of their expenditure ; and thus the Hudson's Bay Company, Avhich used 

 to gratify its shareholders with dividends of 50 and 25 per cent., was unable, 



1808 to 1814, to distribute a single shilling among them. At length wis- 

 prevailed over passion, and the enemies came to a resolution Avhich, if 



