"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.
Besides, he has his own fur trade to attend to, and it is as true now,
as it was in old times, that 'no man can serve two masters.' Although
he should withdraw from his own firm, still 'blood is thicker than
water.' 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 new Company will sell _all the furs they may have in their
warehouse at the time of their regular sales_, HOLDING BACK NONE TO
RAISE PRICES, they will always have the confidence of the buyers,
always get full value, and never require the influence or experience of
any man. I am, unfortunately for myself, not a shareholder in either
the old or the new Company, but if I were, I would never rest satisfied
while an American was in the management.
"Should you ever visit this city, I will feel honoured if you call on
me, and be glad to hear from you, or be of service to you, at any time.
"With great respect, yours truly,
"WM.
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