History And Digest of the International Arbitrations to Which the United States Has Been a Party, Together With Appendices Containing the Treaties Relating to Such Arbitrations, And Historical Legal Notes .. 1
History And Digest of the International Arbitrations to Which the United States Has Been a Party, Together With Appendices Containing the Treaties Relating to Such Arbitrations, And Historical Legal Notes .. 1
Etc United States Treaties
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" During the negotiations, various intermediate sums were named as a proper indemnity which it would be just to pay. 1 cannot regard these negotiations as any evidence of the appreciation by the Company of the true value of their rights. The Company then had well grounded apprehension that they might receive nothing. Congress had declined to vote any sum whatever. The Company no doul>t feared that the Treaty stipulation could only be enforced at the risk of involving national strife. They knew ...that private interests must suc- cumb in the presence of, and to avert so vast a danger, and were ready to accept anything which the British Government might indicate its readiness to stand on. I am disposed, therefore, to regard the wide range of these negotiations, and the diversity in the sums oftered and agreed to be accepted, chiefly as indicative of the desire of the executive Governmenta of both countries to arrive at some adjustment of a national Hudson's bay company claims. 255 controversy; and as evidence of the extreme difficulty of form- ing an accurate estimate of the real value of the rights which were in dispute.
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