§ MR. ADDERLEYsaid, he would beg to ask the Under Secretary of State for the Colonies, If he will state to the House the general terms on which the Hudson's Bay Company have consented to surrender their government and territory?
§ MR. MONSELLsaid, in answer to his right hon. Friend, he had to inform him that the Hudson's Bay Company had consented to surrender all their rights of territory and jurisdiction on condition of receiving £300,000 in money, about 50,000 acres about their posts, and one-twentieth of all land that might be laid out for settlement within the next fifty years. The surrender was not to come into operation until the Government and Parliament of the Dominion of Canada had accepted these terms, nor unless that assent should be signified within six months from the 9th of this month.