Business: Hudson's Bay Storm

Frequent in London lately have been scenes where British stockholders heckled and insulted a management unable to return profits. Last week in London there was another such shocking meeting, more shocking because the stockholders were those of the venerable Hudson's Bay Co. Ltd., whose ships have successfully conquered stormy arctic waters for 261 years, whose trappers and coureurs de bois opened the Canadian wilderness. Not successfully did Hudson's Bay Co. conquer its stockholders' storm. When the meeting broke up, Charles Vincent Sale was no longer governor. But, eyes flashing, he had said he...

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