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Additional info for Arab Historians on Mohammedan Numismatics
Realizing that unfettered competition increases expenses and reduces profits, they looked to join forces, founding the North West Company in 1779. Over the years, most Montreal merchants joined the company, along with traders who spent the winter out west. The company set up a single network of trading posts and improved the transportation system, offering stiffer resistance to competition from the Hudson’s Bay Company. indd 60 13-03-20 12:13 conquered 61 As under the French regime, Montrealers scoured the continent in the quest for new land and furs.
The Iroquois eliminated or dispersed many tribes allied with the French, further complicating matters. Deliveries were possible during outbreaks of peace, however, which also provided an opportunity for the habitants to trade with the Aboriginals. Montreal’s involvement in the fur trade really began in the 1650s, with a few merchants like Charles Le Moyne and Jacques Le Ber becoming rising stars. Iroquois raids intensified starting in the late 1650s, which led to a new strategy: sending Frenchmen up into the Pays d’en haut to bring back furs from the nations around the Great Lakes.
The Société de Notre-Dame had no direct role in the fur trade, but the habitants were interested in it. From 1645, when the Communauté des Habitants, which had a monopoly on trade in New France, was formed, Montréalistes had a voice within the organization. But their involvement in trade was limited since their Aboriginal allies were reluctant to bring their furs to Montreal because of the Iroquois, often preferring long portages inland to trade at Quebec or Tadoussac at the mouth of the Saguenay instead.
Arab Historians on Mohammedan Numismatics by Lane-Poole