this post was submitted on 09 Aug 2024
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[โ€“] [email protected] 0 points 3 months ago* (last edited 3 months ago) (1 children)

And the HBC did nothing to induce the state to act in such a way? The King just decided, hey, I like these HBC folks, I'm going to give them an entire nation, because I'm swell.

[โ€“] [email protected] 5 points 3 months ago* (last edited 3 months ago)

They had some prominent backers as the article explains, but regardless of that the fact remains that HBC was created by a state with the clear goal to establish a another client state through it (hence the monopoly rights). Britain's rivalries with France probably also played a role as France was the dominant colonial power in that area at the time.