I had much apprehension that if the unexpected sale and transfer of the
share property, under terms and conditions in every sense unique, were
not frankly and explicitly explained, and under authority, alarm and
misconception would arise; while the news of the transfer would find
its way to distant regions in a distorted fashion, and through
unfriendly sources, long before the explanation and answer could
arrive. My fear, owing to bad management in London, was somewhat
realized, and I found that I had not rushed across the Atlantic, to
perform every service in my power to the undertaking, in June, 1863,
one moment too soon.
Then, having studied the "deed poll," I felt that, unless we made the
factors and traders partners in the whole enterprise--fur trade,
banking, telegraphs, lands, navigation of rivers--on generous terms, we
could not expect to elicit either their energies or their adhesion to a
new order of things.
Further, I saw no way to secure supervision and control over the
Fertile belt, and all around it, except by the construction, to begin
with, of a main line of telegraph from St. Paul to the Hudson's Bay
territory, and thence by Fort Garry to the extreme western post on the
east side of the Rocky Mountains. Such main line to be supplemented by
other subsidiary lines as rapidly as possible.
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