The amount actually paid out by Joseph Ullman, in four years, for buffalo robes and hides was about $310,000, and this, too, long after the great southern herd had ceased to exist, and when the northern herd furnished the sole supply. It thus appears that during the course of eight years business (leaving out the small sum paid out in 1884), on the part of the Messrs. Boskowitz, and four years on that of Mr. Joseph Ullman, these two firms alone paid out the enormous sum of $1,233,070 for buffalo robes and hides which they purchased to sell again at a good profit. By the time their share of the buffalo product reached the consumers it must have represented an actual money value of about $2,000,000.
Besides these two firms there were at that time many others who also handled great quantities of buffalo skins and hides for which they paid out immense sums of money. In this country the other leading firms engaged in this business were I. G. Baker & Co., of Fort Benton; P. B. Weare & Co., Chicago; Obern, Hoosick & Co., Chicago and Saint Paul; Martin Bates & Co., and Messrs. Shearer, Nichols & Co. (now Hurlburt, Shearer & Sanford), of New York. There were also many others whose names I am now unable to recall.
In the British Possessions and Canada the frontier business was largely monopolized by the Hudson’s Bay Fur Company, although the annual “output” of robes and hides was but small in comparison with that gathered in the United States, where the herds were far more numerous. Even in their most fruitful locality for robes—the country south of the Saskatchewan—this company had a very powerful competitor in the firm of I. G. Baker & Co., of Fort Benton, which secured the lion’s share of the spoil and sent it down the Missouri River.
It is quite certain that the utilization of the buffalo product, even so far as it was accomplished, resulted in the addition of several millions of dollars to the wealth of the people of the United States. That the total sum, could it be reckoned up, would amount to at least fifteen millions, seems reasonably certain; and my own impression is that twenty millions would be nearer the mark. It is much to be regretted that the exact truth can never be known, for in this age of universal slaughter a knowledge of the cash value of the wild game of the United States that has been killed up to date might go far toward bringing about the actual as well as the theoretical protection of what remains.
* * * * *
UTILIZATION OF THE BUFFALO BY WHITE MEN.
Robes.—Ordinarily the skin of a large ruminant is of little value in comparison with the bulk of toothsome flesh it covers. In fattening domestic cattle for the market, the value of the hide is so insignificant that it amounts to no more than a butcher’s perquisite in reckoning up the value of the animal. With the buffalo, however, so enormous was the waste of the really available product