server of the events of 1832-35, is, that none but certain men of long experience and liberal means, could succeed in the business of the fur-trade. There were too many chances of loss; too many wild elements to be mingled in amity; and too powerful opposition from the old established companies. Captain Bonneville's experience was no different from Mr. Wyeth's. In both cases there was much effort, outlay, and loss. Nor was their failure owing to any action of the Hudson's Bay Company, different from, or more tyrannical, than the action of the American companies, as has frequently been represented. It was the American companies in the Rocky Mountains that drove both Bonneville and Wyeth out of the field. Their inexperience could not cope with the thorough knowledge of the business, and the country, which their older rivals possessed. Raw recruits were no match, in trapping or fighting, for old mountaineers: and those veterans who had served long under certain leaders could not be inveigled from their service except upon the most extravagant offers; and these extravagant wages, which if one paid, the other must, would not allow a profit to either of the rivals.
"How much does your company pay you?" asked Bonneville of Meek, to whom he was complaining of the conduct of his men on the Monterey expedition.
"Fifteen hundred dollars," answered Meek.
"Yes: and I will give it to you," said Bonneville with bitterness.
It was quite true. Such was the competition aroused by the Captain's efforts to secure good men and pilots, that rather than lose them to a rival company, the Rocky Mountain Company paid a few of their best men the wages above named.
