In 1821 the HBC and NWC merged New entity called Hudsons Bay Company Puzzle in

In 1821 the hbc and nwc merged new entity called

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In 1821 the HBC and NWC merged. New entity called Hudson’s Bay CompanyPuzzle in that the NWC had been the larger entity only a short while before, & each company contributed half the capital of the new one.Some explanations:Montreal base distant and costlyNo provision for NWC capital accumulationStrong leadership in HBC: George SimpsonHBC Charter had some valuePre-Merger, 1821Post-Merger, 182544
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NWC and HBC both sent explorers into “New Caledonia” (a.k.a. North Central BC) looking for a passage to the pacific. Alexander Mackenzie travelled north, and then (after a stint learning more about wayfinding) out to the west coast.Simon Fraser and David Thompson, among others, sought the Columbia. When Thompson finally found it, JJ Astor’s American Fur Company had arrived by sea. Pacific Slope45
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The Road to OregonUntil the middle of the 19thcentury, the HBC operated as a monopsony under Simpson’s leadership. Challenges came from the south. Lewis and Clark travelled across the continent, following existing routes and with the explicit assistance of Indigenous guides, forged a path to “Oregon.”The region west of the Rockies and north of the Columbia was open to both Americans and British. (Oregon, Columbia, New Caledonia)Sir George Simpson is not amused. (Wikimedia Commmons)46
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The Sydney Morning Herald April 28, 1846THE POSITION OF THE OREGON QUESTION(From the Spectator, December 6, 1845.)47
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