146 Str ALEXANDER MACKENZIE both extremes, as well as along the coasts and islands, the entire command of the fur-trade of North America might be obtained from latitude 48 North to the pole, except that portion of it which the Russians have in the Pacific. To this may be added the fishing in both seas and the markets of the four quar- ters of the globe. . . . Then would this coun- try begin to be remunerated for the expenses it has sustained in discovering and surveying the coast of the Pacific Ocean, which is at present left to American adventurers who, without regularity or capital, or the desire of conciliating future confidence, look altogether to the interest of the moment. The port of Vancouver and the province of British Columbia are an answer to that prophecy. Mackenzie presented a more detailed scheme to Lord Hobart, the Colonial Secre- tary, in January, 1802. He says in this that some of the oldest members of the North West Company “are likely to prefer con- tinuing on the beaten track,” but that he will undertake to get the men in Canada and the money in London for the new company if the