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Pacific Fur Company

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Pacific Fur Company

The Pacific Fur Company (PFC) was an American fur trade venture wholly owned and funded by John Jacob Astor that functioned from 1810 to 1813. It was based in the Pacific Northwest, an area contested over the decades among the United Kingdom of Great Britain and Ireland, the Spanish Empire, the United States of America and the Russian Empire.

Management, clerks and fur trappers were sent both by land and by sea to the Pacific Coast in the Autumn of 1810. The base of operations was constructed at the mouth of the Columbia River in 1811, Fort Astoria (present-day Astoria, Oregon). The destruction of the company vessel the Tonquin later that year off the shore of Vancouver Island took with it the majority of the annual trading goods. Commercial competition with the British-Canadian North West Company began soon after the foundation of Fort Astoria. The Canadian competitors maintained several stations in the interior, primarily Spokane House, Kootanae House and Saleesh House. Fort Okanogan was also opened in 1811, the first of several PFC posts created to counter these locations. The Overland Expedition faced military hostilities from several Indigenous cultures and later had an acute provision crisis leading to starvation. Despite losing men crossing the Great Plains and later at the Snake River, they arrived in groups throughout January and February 1812 at Fort Astoria.

A beneficial agreement with the Russian-American Company was also planned through the regular supply of provisions for posts in Russian America. This was planned in part to prevent the rival Montreal based North West Company (NWC) to gain a presence along the Pacific Coast, a prospect neither Russian colonial authorities nor Astor favored.

The lack of military protection during the War of 1812 forced the sale of PFC assets to the NWC. While the transactions were not finalized until 1814, due to the distance from Fort Astoria to Montreal and New York City, the company was functionally defunct by 1813. A party of Astorians returning overland to St. Louis in 1813 made the important discovery of the South Pass through the Rocky Mountains. This geographic feature would later be used by hundreds of thousands of settlers traveling over the Oregon, California, and Mormon routes, collectively called the Westward Expansion Trails. The emporium envisioned by Astor was a failure for a number of reasons, including the loss of two supply ships, the material difficulties of crossing the North American continent and competition from the North West Company. Historian Arthur S. Morton concluded that "The misfortunes which befell the Pacific Fur Company were great, but such as might be expected at the initiation of an enterprise in a distant land whose difficulties and whose problems lay beyond the experience of the traders."

John Jacob Astor was a merchant of New York City and founder of the American Fur Company. To create a chain of trading stations spread across the Rocky Mountains to the Pacific Northwest, he incorporated an AFC subsidiary, the Pacific Fur Company. The commercial venture was originally designed to last for twenty years. Unlike its major competitor the Canadian owned NWC, the Pacific Fur Company was not a Joint-stock company. Capital for the PFC amounted to $200,000 divided into 100 shares individually valued at $2,000 and was funded entirely by Astor. The American Fur Company held half of the stock and the other half divided among prospective management and clerks. The chief representative of Astor in the daily operations was Wilson Price Hunt, a St. Louis businessman with no outback experience who received five shares. Each working partner was assigned four shares with the remaining shares held in reserve for hired clerks. Fellow partners in the venture were recruited from the NWC, the members being Alexander McKay, David Stuart, Duncan McDougall, and Donald Mackenzie. Astor and the partners met in New York on 23 June 1810 to sign the Pacific Fur Company's provisional agreement.

To establish the fledgling PFC trade posts in the distant Oregon Country, Astor's plan called for an extensive movement of large groups of employees overland following the route of the Lewis and Clark Expedition and navally by sailing around Cape Horn. The venture was planned on methods used in the AFC for the collection of fur pelts. Complements of employees (later called "Astorians") would operate in various parts of the region to complete trapping excursions. Outposts maintained by the PFC would be freighted necessary foodstuffs and supplies by annual cargo ships from New York City. Trade goods such as beads, blankets, and copper would be exchanged with the local Native Americans for fur pelts.

Ongoing supply issues faced by the Russian-American Company were seen as a means to gain more furs. Cargo ships en route from the Columbia were planned to then sail north for Russian America to bring much needed provisions. By cooperating with Russian colonial authorities to strengthen their material presence in Russian America, it was hoped by Astor to stop the NWC or any other British presence to be established upon the Pacific Coast. A tentative agreement for merchant vessels owned by Astor to ship furs gathered in Russian America into the Qing Empire was signed in 1812. Company ships then were directed to sail to the port of Guangzhou, where furs were then sold for impressive profits. Chinese products like porcelain, nankeens and tea were to be purchased; with the ships then to cross the Indian Ocean and head for European and American markets to sell the Chinese wares.

The PFC required a sizable number of laborers, fur trappers and in particular Voyageurs to staff company locations. Recruiting for the company's two expeditions were led by Wilson Hunt and Donald Mackenzie for the overland party and Alexander McKay for the naval bound group. All three men were based out of Montreal throughout May to July 1810. Hunt was designated to lead the Overland Expedition, despite his inexperience in dealing with Indigenous cultures, or residing in the wilderness. It was suggested that Hunt instead trade positions with McKay and travel on the Tonquin. However, it was determined to keep Hunt in charge of the land party.

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