company's headquarters. During all these years the fur trade was vigorously carried on, not only through the interior posts, but also all along the coasts to Alaskan territory. For many years, indeed, the Hudson's Bay Company held a lease of the strip of land at the south of Alaska. They carried on a profitable trade at all times with the rival Russian-American Fur Company, to whom they sold provisions in return for furs.
The Red River Settlement Acquires Stability.—At the other extreme of the company's domain, Selkirk's Red River settlement slowly acquired stability. While in the colony in 1816, Lord Selkirk concluded a bargain with the Indian tribes of the Red River region, by which, in return for an annual gift of one hundred pounds of "good marketable tobacco" to each of the two tribes (Crees and Salteaux), they transferred to him the territory included in the colony. A free grant of one hundred acres was made to each of the settlers, and Lord Selkirk promised to send them a Presbyterian minister. The promise was not