474 PROOFS AND ILLUSTRATIONS. [I. 



the Indians on the north-west coast of America, to the westward of the 

 Stony Mountains, to the prejudice or exclusion of any citizen of the 

 United States of America, who may be engaged in the said trade : Pro- 

 vided always, that no British subjects other than and except the said 

 Governor and Company, and the said W. McGillivray, S. McGillivray, and 

 E. Ellice, and the persons authorized to carry on exclusive trade by them 

 on grant, shall trade with the Indians within such limits, durino- the 

 period of this our grant.' 5 



Under this license, the parties to whom it was granted continued their 

 operations until 1824, when the claims of the North-West Company were 

 extinguished by mutual consent ; the Hudson's Bay Company then became 

 the sole possessor of the privileges conceded, which were enjoyed by that 

 body until the expiration of the grant. Previous to that period, 1838, 

 a new grant was made to the company, entitled, 



(5.) 



" Crown Grant to the Hudson's Bay Company of the exclusive Trade 

 with the Indians in certain Parts of North America, for a Term of 

 twenty-one Years, and upon Surrender of a former Grant," 



which, after recapitulating the terms of the first grant, continues thus : 



" And whereas the said Governor and Company have acquired to 

 themselves all the rights and interests of the said W. McGillivray, S. 

 McGillivray, and E. Ellice, under the said recited grant, and the said 

 Governor and Company have humbly besought us to accept a surrender 

 of the said grant, and in consideration thereof to make a grant to them, 

 and give to them our royal license and authority of and for the like 

 exclusive privilege of trading with the Indians in North America, for the 

 like period, and upon similar terms and conditions to those specified and 

 referred to in the said recited grant : Now, know ye, that, in consideration 

 of the surrender made to us of the said recited grant, and being desirous 

 of encouraging the said trade, and of preventing as much as possible a 

 recurrence of the evils mentioned or referred to in the said recited grant, 

 as also in consideration of the yearly rent hereinafter reserved to us, we 

 do hereby grant and give our license, under the hand and seal of one of 

 our principal secretaries of state, to the said Governor and Company, and 

 their successors, for the exclusive privilege of trading with the Indians in 

 all such parts of North America, to the northward and to the westward 

 of the lands and territories belonging to the United States of America, as 

 shall not form part of any of our provinces in North America, or of any 

 lands or territories belonging to the said United States of America, or to 

 any European government, state, or power, but subject, nevertheless, as 

 hereinafter mentioned : And we do, by these presents, give, grant, and 

 secure, to the said Governor and Company, and their successors, the sole 

 and exclusive privilege, for the full period of twenty-one years from the 

 date of this our grant, of trading with the Indians in all such parts of 

 North America as aforesaid, (except as hereinafter mentioned : ) And we 



