ir Charles Bagot, then British ambassador at St. Petersburg, was instructed to propose a line drawn east and west along the 57th parallel of north latitude.
He went somewhat further, and suggested that Great Britain would be satisfied to take Cross Sound, lying about the latitude of 57th 30″, as the boundary between the two powers on the coast; and a meridian line drawn from the head of Lynn Canal, as it is laid down in Arrowsmith's last map, . . . as the boundary in the interior of the continf mainland in question was for many years after 1839 leased.
at an annual rental, by the Hudson Bay Company.
The lease embraced the coast (exclusive of islands) and the interior country belonging to Russia, situated between Cape Spencer.
on Cross Sound, and lat. 55° 40″, or thereabout, including the whole mainland coast and interior country belonging to Russia, eastward and southward of an imaginary line drawn from Cape Spencer to Mount Fairweather.
By an agreement between the Hudson Bay an