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McCabe, James Dabney, 1842-1883

"Great Fortunes, and How They Were Made"

Then returning in the same way,
he employed Indians to transport his furs from Lake George to Albany,
and dropped down the Hudson in the way he had come. Mr. Bowne was
delighted with the success of his clerk, who proved more than a match
for the shrewd Indians in his bargains. It was doubtless here that Mr.
Astor obtained that facility in "driving a hard bargain" for which he
was afterwards noted.
As soon as Mr. Astor felt himself master of his business, he left the
employ of Mr. Bowne, and began life on his own account. The field upon
which he purposed entering was extensive, but it was one of which he had
made a careful survey. Previous to the peace of 1763, the French and
English divided the control of the fur-bearing regions of America. The
British possessions, extending from Canada to the unexplored regions of
the North, had been granted by a charter of Charles II. to Prince
Rupert, and were, by virtue of that instrument, under the exclusive
control of the Hudson Bay Company. Large quantities of furs were
obtained in this region, and collected at the principal settlement, York
Factory, from which they were shipped to England.


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