Note AS — {145} CHAP. VI.

What is meant by Beaver in other kind of furrs, must be understood as follows: For the easier trading with the Indians, as well as for the more correctly keeping their accounts, the Hudson's Bay Company have made a full-grown beaver-skin the standard by which they rate all other furrs, according to their respective values. Thus in several species of furrs, one skin is valued at the rate of four beaver-skins; some at three, and others at two; whereas those of an inferior quality are rated at one; and those of still less value considered so inferior to that of a beaver, that from six to twenty of their skins are only valued as equal to one beaver skin in the way of trade, and do not fetch one-fourth of the price at the London market. In this manner the term "Made Beaver" is to be understood.