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TWO leading objects of commercial gain have given birth to wide and daring enterprise in the early history of the Americas; the precious metals of the South, and the rich peltries of the North. While the fiery and magnificent Spaniard, inflamed with the mania for gold, has extended his discoveries and conquests over those brilliant countries scorched by the ardent sun of the tropics, the adroit and buoyant Frenchman, and the cool and calculating Briton, have pursued the less splendid, but no less lucrative, traffic in furs amidst the hyperborean regions of the Canadas, until they have advanced even within the Arctic Circle.