begged, blustered, and even threatened mutiny, but of course in vain.
Beginnings of the Northwest Coast fur trade. The discovery of the value of otter skins in the Canton market instantly changed the thought of the world with respect to the northwest coast. The region abounded in furs, but thus far it had not been visited for commercial purposes. Spain had sent her navigators along those coasts to confirm her ancient claim of sovereignty over them. Great Britain because she hoped to find, half hidden behind some jagged cape, the long sought passage to the eastern sea. A powerful new motive now became operative. In a few years ships flying the colours of England, of France, of Portugal and of the new Republic of the United States began regularly to visit those waters, their crews prospecting madly among the coves and inlets wherever the presence of Indian tribes gave promise of a profitable trade.
So far as is now known, the first definite plan for carrying on this northwest fur trade was projected by Captain King who, in the published report of Cook's voyage, recommended that the East India Company should begin the trade, combining exploration with it.[1] While this plan was not carried out, a private company under Richard Cadman Etches prepared in 1785 to undertake "a regular and reciprocal system of commerce between Great Britain, the Northwest Coast of America, the Japanese, Kureil, and Jesso Islands, and the coasts of Asia, Corea and China." This company,
- ↑ Cook's Voyage, II, 437–440.