[Illustration: _The Beaver_
_A Journal of Progress_]
[Illustration: _Little Miss Ouikpigak, a future Eskimo belle of Great
Whale River, whose father is a famous hunter for H.B.C. The fat of the
seal is Ouikpigak's only candy--more sweet to her than any all-day
sucker._]
[Illustration: _Devoted to The Interests of Those Who Serve the
Hudson's Bay Company_]