Texas: the rise, progress, and prospects of the Republic of Texas, Vol.1 Page: 48 of 432
This book is part of the collection entitled: From Republic to State: Debates and Documents Relating to the Annexation of Texas, 1836-1856 and was provided to The Portal to Texas History by the UNT Libraries.
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aggrandizement, by means of trading companies,
just as the Americans are accused of trying to
shuffle themselves into territory by the operation of
their complicated machinery of State and Federal
Government. In a report of the Committee on
Foreign Affairs of the House of Representatives in
Congress, dated January 4th, 1839, on the subject
of the Oregon territory, the organization of the
Hudson's Bay Company is described as resembling
that of the East India Company in Hindostan, at
the period of its early conquests. " Individual
traders and ordinary commercial companies cannot
stand against it. They cannot compete in resources
with this great Empire-Corporation. Besides which,
a powerful incorporated Company, like this, having
exclusive privileges of trade by charter, and those
privileges conveying territory as appurtenant to
trade-a monster and an anomaly in its nature as
it is-such a Company is in itself, to all intents and
purposes, a territorial government.
"Experience has shown the necessity of military
posts among the Indians. The Company
accordingly has its great post and its lesser forts,
all of them British military posts in fact, but
with the peculiarity that its flag not being the
Queen's flag, the Government is enabled to pursue
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Kennedy, William. Texas: the rise, progress, and prospects of the Republic of Texas, Vol.1, book, January 1, 1841; London. (texashistory.unt.edu/ark:/67531/metapth2389/m1/48/: accessed May 27, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .