That in order to obtain at least a part of the above trade, and more
particularly that which is within the boundaries of the United States,
your petitioners, in the year 1808, obtained an act of incorporation
from the State of New York, whereby they are enabled, with a competent
capital, to carry on the said trade with the Indians in such a manner as
may be conformable to the laws and regulations of the United States, in
relation to such a commerce.
That the capital mentioned in the said act, amounting to one million of
dollars, having been duly formed, your petitioners entered with zeal
and alacrity into those large and important arrangements, which were
necessary for, or conducive to the object of their incorporation; and,
among other things, purchased a great part of the stock in trade, and
trading establishments, of the Michilimackinac Company of Canada. Your
petitioners also, with the expectation of great public and private
advantages from the use of the said establishments, ordered, during the
spring and summer of 1810, an assortment of goods from England,
suitable for the Indian trade; which, in consequence of the President's
proclamation of November of that year, were shipped to Canada instead
of New York, and have been transported, under a very heavy expense, into
the interior of the country.
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