emulation supplied a motive which was stronger still.
Hence it is not surprising that to De Chastes there at
once succeeds De Monts.

As regards position they belonged to much the same class.
Both were men of standing, with enough capital and
influence to organize an expedition. In respect, however,
of personality and circumstance there were differences.
By reason of advanced age De Chastes had been unable to
accompany his ships, whereas De Monts was in his prime
and had already made a voyage to the St Lawrence. Moreover,
De Monts was a Huguenot. A generation later no Huguenot
could have expected to receive a monopoly of the fur
trade and a royal commission authorizing him to establish
settlements, but Henry IV, who had once been a Protestant,
could hardly treat his old co-religionists as Richelieu
afterwards treated them. The heresy of its founder was
a source of weakness to the first French colony in Acadia,
yet through a Calvinist it came into being.

Like De Chastes, De Monts had associates who joined with
him to supply the necessary funds, though in 1604. the
investment was greater than on any previous occasion,
and a larger number were admitted to the benefits of the
monopoly. Not only did St Malo and Rouen secure recognition,
but La Rochelle and St Jean de Luz were given a chance
to participate. De Monts' company had a capital of 90,000
livres, divided in shares--of which two-fifths were
allotted to St Malo, two-fifths to La Rochelle and St
Jean de Luz conjointly, and the remainder to Rouen. The