Note 2 — Chapter XI

The new North West Company were composed of Gregory and McLeod, now independent. It was first called the “little Company,” or the “Potties,” an American corruption of the French “Les Petit.” Later it developed into the X.Y. Company, or Sir Alexander Mackenzie’s Company. Alexander Mackenzie and his cousin, Roderick Mackenzie, became the chief agents of the new company. (Alexander Mackenzie was knighted in 1799.)