in England under a contract of fifty years' standing, 20 or 30 per cent cheaper than American merchants can, there seems a certainty that the Hudson's Bay Company will engross the entire trade of the North Pacific, as it has that of Oregon.
Soon after the union of the North-West and Hudson's Bay Companies, the British Parliament passed an act extending the jurisdiction of the Canadian courts over the territories occupied by these fur traders, whether it were "owned" or "claimed by Great Britain." Under this act, certain {260} gentlemen of the fur company were appointed justices of the peace, and empowered to entertain prosecutions for minor offences, arrest and send to Canada criminals of a higher order, and try, render judgment, and grant execution in civil suits where the amount in issue should not exceed £200; and in case of non-payment, to imprison the debtor at their own forts, or in the jails of Canada.
It is thus shown that the trade, and the civil and criminal jurisdiction in Oregon are held by British subjects; that American citizens are deprived of their own commercial rights; that they are liable to be arrested on their own territory by officers of British courts, tried in the American domain by British judges, and imprisoned or hung according to the laws of the British empire, for acts done within the territorial limits of the Republic.
It has frequently been asked if Oregon will hereafter assume great importance as a thoroughfare between the States and China? The answer is as follows:
The Straits de Fuca, and arms of the sea to the eastward of it, furnish the only good harbours on the Oregon coast. Those in Puget's Sound offer every requisite facility {261} for the most extensive commerce. Ships beat out and into the straits with any winds of the coast,
