There is some mistake here which I cannot explain. 
M Peel in
                     his minute on 6353 says that "the rights of the 
HBC stood in the way of
                     our making concessions in respect of the fisheries, &c" but I am quite
                     unaware on what authority 
M Peel says so, or when the question was
                     considered. I cannot see what there is in the rights of the H.B.C. to
                     interfere with the extension of the Reciprocity Treaty to 
Vanc
                        I. Their "charter" referred to in this letter does no doubt give
                     them "the fishing of all sorts of fish, whales, sturgeons, & all other
                     royal fishes in the seas" but that is in 
Hudson's Bay, not the

                     Pacific. Their "license" of 1837 [1838], which is their authority for
                     exclusive trade in the Pacific Coast regions, says nothing about
                     fisheries. Their grant of 
Vancouver's Island not only omits fisheries,
                     but these were specially & deliberately omitted, see Report of P.C. of
                     
October/48. I conclude that something passed privately of which I have
                     not been informed. Perhaps I had better talk to 
M Hammond about
                     this before taking any other step?