TODAY'S HISTORY OF THE DAY
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History: May 2 (#3)

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History: May 2 (#3)
Wikimedia Commons, CC BY-SA

May 2, 1670

King Charles II of England grants a permanent charter to the Hudson's Bay Company to open up the fur trade in North America.

Commentary

Commentary

Source: Wikipedia (CC BY-SA)
On May 2, in the year 1670: King Charles II of England grants a permanent charter to the Hudson's Bay Company to open up the fur trade in North America. The fur trade is a worldwide industry dealing in the acquisition and sale of animal fur.

Commentary

Source: Internal
Why May 2, 1670 matters: King Charles II of England grants a permanent charter to the Hudson's Bay Company to open up the fur trade in North America. What began on this day left a lasting mark on history. The effects were felt immediately and continued to shape events, ideas, and lives long afterwards.

Commentary

Source: Internal
Historical context: May 2, 1670 The Early Modern era accelerated global exchange of ideas, goods, and technologies, expanding science, navigation, and everyday material culture. The event on this day: King Charles II of England grants a permanent charter to the Hudson's Bay Company to open up the fur trade in North America. Source: https://en.wikipedia.org/wiki/Fur_trade (Wikipedia, CC BY-SA)