the practice among company officers and, at times, other employees of trading with the Indians on a private basis.
1671  (1942)  That Capt. Guillam & all others imployed this voyage bee examined what private trade hath been by them or any of them in the Countrey, or by the mariners under them. . . .
1821  (1938)  Chastellain & Lamallice I find are renewing their old practice of carrying on Private Trade with the Indians.
1942  . . . both captains and the crews and the Frenchmen took part in private trade on their own accounts, and . . . the Company conducted a steady campaign against the practice.