Canada: THE DOMINION: Fur Game

Some in the black and grey garb of the City represented British banks and insurance companies. Others, in tweeds, represented only themselves. Outwardly, as they trooped up the white steps of Beaver House on London's Garlick Hill one day last month, they were typical Britons. But they were Britons with a difference. These were "the Governor and Company of Adventurers of England trading into Hudson's Bay," come together for the 278th general court (annual meeting).

The proprietors (stockholders) heard the 30th governor, Sir Patrick Ashley Cooper, report: "The fall in net profits (from £1,717,397, to £1,068,803) is largely due to the...

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