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Merchant Princes
  

Merchant Princes [Hardcover]

Peter Newman
3.8 out of 5 stars  See all reviews (4 customer reviews)

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From Publishers Weekly

In the third and concluding volume of his history of the Hudson's Bay Company, Canadian journalist Newman ( Empire of the Bay ) traces the growth of the 300-year-old firm from its Arctic colonizing efforts to its 1980s status as a mercantile, transportation and urban real estate empire extending over one-twelfth of the globe. A splendid storyteller and indefatigable researcher, the author never allows the sweep of world and national events or the boardroom politics and internal struggles between London and Winnipeg to obscure the importance of individual adventurers and developers. Notable among the memorable portraits here is that of legendary Donald "Labrador" Smith (1820-1914), who not only served HBC for 75 years but was prominent in Canadian politics, economic and rail expansion and is credited with transforming his country from colony to nation. Smith would have rejoiced at HBC's Canadianization of the company completed in 1979 with its acquisition for $641 million (cash) by a radically different leader, Canadian billionaire Ken Thomson. Photos.
Copyright 1992 Reed Business Information, Inc.

From Library Journal

The third century of Hudson's Bay Company (HBC) was marked by an expansion into the Arctic followed by a slow transition from a fur trading company into Canada's leading retailer. Newman details these changes and the personalities behind them in his final volume on the history of the HBC, which brings the story up to 1991 and includes a discussion of the sale of the northern stores and fur trade divisions in 1987. As with the previous volumes ( LJ 12/85, 12/87), Newman presents a solid analysis based on extensive research and, in this case, interviews with some of the principals involved, and he delivers it with his usual straightforward, readable style. Merchant Princes forms a magnificent conclusion to the three-volume saga and will be of interest to business historians as well as readers interested in the fur trade and Canada. Taken together, the whole of the three volumes is greater than the sum of the parts--they should stand as the standard account of the HBC for decades to come. The set is essential for academic libraries and strongly recommended for public libraries.
- Stephen H. Peters, Northern Michigan Univ. Lib., Marquette
Copyright 1992 Reed Business Information, Inc.

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4 Reviews
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3.8 out of 5 stars (4 customer reviews)
 
 
 
 
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4 of 4 people found the following review helpful
4.0 out of 5 stars Great Insights in to Northern Canadian history., Oct 13 2003
By 
John Bulmer, P. Eng. (Inuvik, Northwest Territories, Canada) - See all my reviews
As a Canadian and living in the Arctic I found this book to be very informative and giving more insight to historic events than what are normally taught in our schools. Peter Newman was able to write this without the typical constraints associated with being "politically correct".

If you're interested in true Canadian History, albeit one small part of it, definitely read this book. If you want an exciting and riveting book and don't have much of an interest in northen Canada then don't read it.

Its amazing that the Bay, and to a greater extent the British, were able to be successful. They seem to be more like a bunch of bumbling bafoons.

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2 of 2 people found the following review helpful
5.0 out of 5 stars Read this book!, May 19 2002
Lovers of adventure, I implore you;read this book! I picked this one up on a whim several years ago and was completely awestruck! I could not put this one down to save my soul! Believe me, my friends, I would not steer you wrong on this one.
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4.0 out of 5 stars An exciting story of adventure, exploration and human folly., Aug 1 1996
By A Customer
This is the unvarnished history of the Hudsons Bay Company.
Extremely well researched and a pleasure to read this is
the story of the founding of the company that opened up
Canada and the Artic to trade. Filled with stories of
exploration, adventure, hard headed business and hardship
on the frontier. This isn't just the story of the founders,
but the nuts and bolts of survival at the edge of the known
world. If you enjoy history and adventure this will be hard to
put down. Vol. 2 is Caesers of the Wildnerness.
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