spying out their trade, for catching the secrets of their business which
were in the wind, and for making an undue use of what they had disclosed
to him. In this there was nothing. His schemes were afire in his own
mind long before, his Montreal experiences but fanned the flame, and led
him to send a few Colonists to Upper Canada to the Settlement to
Baldoon. This settlement was, however, of small account.

In 1808 though inactive he showed his bent by buying up Hudson's Bay
Company stock. During this time projects in agriculture, the condition
of the poor, the safety of the country, and the spread of civilization
constantly occupied his active mind. The Napoleonic war cut off the vast
cornfields of America from England, and as a great historian shows was
followed by a terrible pauperization of the laboring classes.

There is no trace of a desire for aggrandizement, for engaging in the
fur trade, or for going a-field on plans of speculation in the mind of
Lord Selkirk. The feuds of the two branches of the Montreal Fur
traders--the Old Northwest and the New Northwest--which were apparently
healed in the year after the Colonization of Prince Edward Island, were
not ended between the two factions of the united company led by
McTavish--called the Premier--on the one hand and Sir Alexander
Mackenzie on the other.

During these ten years of the century, the Hudson's Bay Company had also
established rival posts all over the country. The competition at times
reached bloodshed, and financial ruin was staring all branches of the
fur trade in the face.

It was the depressed condition of the fur trade and the consequent drop
in Hudson's Bay Company shares that appealed to Lord Selkirk, the man of