From Publishers Weekly
In the third and concluding volume of his history of the Hudson's Bay Company, Canadian journalist Newman ( Empire of the Bay ) traces the growth of the 300-year-old firm from its Arctic colonizing efforts to its 1980s status as a mercantile, transportation and urban real estate empire extending over one-twelfth of the globe. A splendid storyteller and indefatigable researcher, the author never allows the sweep of world and national events or the boardroom politics and internal struggles between London and Winnipeg to obscure the importance of individual adventurers and developers. Notable among the memorable portraits here is that of legendary Donald "Labrador" Smith (1820-1914), who not only served HBC for 75 years but was prominent in Canadian politics, economic and rail expansion and is credited with transforming his country from colony to nation. Smith would have rejoiced at HBC's Canadianization of the company completed in 1979 with its acquisition for $641 million (cash) by a radically different leader, Canadian billionaire Ken Thomson. Photos.
Copyright 1992 Reed Business Information, Inc.
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From Library Journal
This second of three volumes relating the history of the Hudson's Bay Company (HBC) takes a detailed look at the two major influences on the company's second century: the struggle with the North West Company for monopoly control of the Canadian fur trade, and the governorship of Sir George Simpson, during which that monopoly was consolidated and administered. Not content just to tell the story, Newman analyzes why the HBC won out in the struggle and why its fur monopoly unraveled. As with the previous volume, this is grounded in solid research and delivered in a straightforward, readable style. A popular account for most libraries.Stephen H. Peters, Northern Michigan Univ. Lib., Marquette
Copyright 1987 Reed Business Information, Inc.