Research topic:American Fur Company

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American Fur Company

World Encyclopedia | 2005 | © World Encyclopedia 2005, originally published by Oxford University Press 2005. (Hide copyright information) Copyright

American Fur Company First US business monopoly, owned by John Jacob Astor. John Jay's Treaty of 1794 permitted US fur trading in the Pacific Northwest to compete with Montreal interests and the North West Company. Fort Astoria was set up in Oregon in 1805. During the War of 1812 the USA was unable to defend Astoria, and Astor was forced to sell out to the North West Company. As the fur trade declined in the 1840s, Fort Astoria reverted to US control.

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