Note 123 — Chapter XXXV · 1863-1871.

"To my mind the worst feature in the new Company is that of allowing a foreigner (American) to hold office. He owes allegiance to the United States, and his position gives him knowledge which no American should possess. 'Blood is thicker than water,' says the proverb: 'No man can serve two masters.' As to the idea that being in the fur-trade his experience and influence will benefit the new Company, will any furrier believe that? If the Company will sell all the furs, I would never rest satisfied while an American was in the management.'"—William McNaughten, the Company's agent at New York.