Note 2 — Chapter IV · TRANSACTIONS AMONGST THE NATIVES OF NORTH AMERICA; DISCOVERIES ALONG THAT COAST AND THE EASTERN EXTREMITY OF ASIA, NORTHWARD TO ICY CAPE; AND RETURN SOUTHWARD TO THE SANDWICH ISLANDS.
Reading edition
Footnote 2:
(return)
Captain King, as we shall afterwards find, proposes a plan for the establishment of a fur-trade with this coast of America. To this he was incited by the experience of the value of these articles in the Chinese market. In fact, a settlement for the purpose of carrying on this trade was commenced in 1786, by an association of British merchants resident in India. It was soon afterwards seized on by the Spaniards who pretended a prior right. But they, as we have already mentioned, vol. xv. p. 157, abandoned all claim to this Sound in 1790; and in 1795, it was formally taken possession of, in name of his Britannic Majesty.—E.