l8 PROCEEDINGS OF THE CANADIAN INSTITUTE. 



The varied resources of Hudson Bay were described, and the question was 

 asked, " Why should not these resources be exploited for the benefit of Canada ? " 

 American whalers had taken out millions of dollars' worth of oil and bone, and 

 would continue to do so until Canadian rights were asserted. It was necessary 

 in the interests of Canada as a whole, as well as for the North-West, that a new 

 outlet to the ocean should be opened via Hudson Bay." 



