Merchant Kings: When Companies Ruled the World, 1600--1900

Why was beaver skin so valuable during the 17th and 18th centuries as noted in the book, Merchant Kings: When Companies Ruled the World, 1600–1900?

Asked by Jill W on 10 Dec 13:44

Last updated by Jill W on 10 Dec 13:45

1 Answers

Answered by Jill W on 10 Dec 13:45

Beaver skins were extremely valuable for their role in the production of felt for hats. The Hudson Bay Company made fortunes for its investors by shipping back every available beaver hide in Canada.

Source(s)

Merchant Kings: When Companies Ruled the World, 1600–1900