Fur Trade the Leading Business in the Northwest.—Rise of the Astor Family.—The U. S. Government fails as a Rival of the Northwest Company of Montreal, in the Fur Trade.—John Jacob Astor sees the Possibilities of the American Fur Trade.—He ships Furs from Montreal to London.—Irving's Opinion of Astor.—Astor plans to establish a Line of Trading-posts up the Missouri and down the Columbia.—The Scheme a Failure, but indirectly Valuable.—Astor's Enterprise helpful toward the Americanization of Louisiana.—He establishes the Pacific Fur Company, 1810.—This Company and the Northwest Company both seeking to occupy the Mouth of the Columbia; the Former arrives First.—In the War of 1812 the British take Possession of the Place.—Benefits to America from Astor's Example.—Like him, some Other Promoters failed to achieve the Particular Ends in View. ASTOR: THE PROMOTER OF ASTORIA The brave explorations of Lewis and Clark and Pike opened up the vast Territory of Louisiana for occupation and commerce. The one great business in the Northwest had been the fur trade, and for a long period it was yet to be the absorbing theme of promoters and capitalists, the source of great rivalries, great disappointments, and great fortunes. No story of American promotion is more unique than that of the rise of the Astor family from obscurity to a position of power and usefulness, and this story has its early setting in the fur-trading camps of the Far Northwest, where Astoria arose beside the Pacific Sea. The tale is most typically American: Its hero, John Jacob Astor, was of foreign parentage; he came to America poor; he seized upon an opening which others had passed over; he had the support of a self-confidence that was not blind; he fought undauntedly all obstacles and scorned all rivalry; and at last he secured America's first princely fortune. Until the beginning of the nineteenth century the fur trade of the Northwest was in the hands of the powerful Northwest Company of Montreal, a race of merchant princes about whose exploits such a true and brilliant sheen of romance has been thrown. But the United States Government was not content that Canadian princes alone should get possession of the wealth of the Northern forests, and as early as 1796 it The quiet little village of Waldorf near Heidelberg, Germany, was the birthplace of John Jacob Astor, and the name is preserved to-day in the princely splendor of the Waldorf-Astoria Hotel. The young man, who never believed that he would become a merchant prince, spent his first years in the most rural simplicity. It is marvellous how America has imperiously called upon so many distant heaths for men with a In this fight for position and power young Astor showed plainly the great characteristics "He began his career, of course, on the narrowest scale; but he brought to the task a persevering industry, rigid economy, and strict integrity. To these were added an inspiring spirit that always looked upward; a genius, bold, fertile, and expansive; a sagacity quick to grasp and convert every circumstance to its advantage; and a singular and never-wavering confidence of signal success." It was the reports of Lewis and Clark that inspired Astor in his daring dream of securing It is a remarkable fact that at this time the principal market for American furs was in China. The British Government had awarded the monopoly of the China trade to the powerful East India Company, and neither the Hudson Bay Company nor the Northwest Company was allowed to ship furs westward across the Pacific to China. Astor planned to take full advantage of this ridiculous handicap under which the Canadian fur companies labored. He planned to erect a line of trading posts up the Missouri and down the Columbia, at whose mouth a great emporium was to be established; and to this the lesser posts which were to be located in the interior would all be tributary. A coastwise trade would be established, with the Columbia post as headquarters. Each year a ship was to be sent from New York to the Columbia, loaded with reËnforcements and supplies. Upon unloading, this ship was to take the year's receipt of furs and sail to Canton, trading off its rich cargo there for merchandise; the It is not because of the success of this intrepid promoter that the founding of Astoria occupies such a unique position among the great exploits in the history of American expansion. His attempt to secure the fur trade was not a success; but, considering the day in which it was conceived, the tremendous difficulties to be overcome, the rivalry of British and Russian promoters in the North and Northwest, and the inability of others to achieve it, the founding of Astoria on the Columbia must be considered typically American in the optimism of its conception and the daring of its accomplishment. If there is a good sense in which the words can be used, America has been made by a race of gamblers the like of which the world has never seen before. We have risked our money as no race risked money before our day. Astor was perhaps the first great "plunger" of America; his enthusiasm carried everything before it and influenced the spread of American rights and interests. The failure One of the first interesting developments of an international nature followed close upon a diplomatic manoeuvre by which Astor attempted to thwart rivalry by seeking to have the Northwest Company become interested to the extent of a one-third share in his American company. The wily Canadians delayed their decision, and The stock in this newly formed company was to be divided into one hundred equal shares, fifty of which were to be at the disposal of Mr. Astor, the remaining fifty to be divided among the partners and associates. Mr. Astor was immediately placed at the head of the Company, to manage its business in New York. He was to furnish all vessels, provisions, ammunition, goods, arms, and all requisites for the enterprise, provided they did not involve a greater advance than four hundred thousand dollars. To Mr. Astor was given the privilege of introducing other persons into the Company as partners. None of them should be entitled to more than two shares, and two, at least, must be conversant with the Indian trade. Annually a general meeting of the Company The two campaigns now inaugurated, one by land and one by sea, aimed at the coveted point on the Pacific Coast. The "Tonquin" was fitted out in September, 1810, and sent under Captain Thorn around Cape Horn, and Hunt was sent from Montreal with the land expedition. The Hunt had gone to Montreal in July, 1810, and, setting out from that point by way of the Ottawa, reached Mackinaw July 22. Having remained at this point nearly three weeks, he reached St. Louis by way of the Green Bay route on September 3. The party was not on its way again until October 21, and it wintered at the mouth of the Nodowa on the Missouri, four hundred and fifty miles from its mouth. Proceeding westward in April, the party gained the Columbia on the 21st of January, 1812, after a terrible journey, and on the fifteenth of February Astoria was reached. Astor's great plan was now well under way toward successful operation; the promoter could not know for many days the fate of either the "Tonquin" or the overland expedition. But Then came the War of 1812, and the darkest days for the promoter of Astoria. In 1813, despite the lack of all good news, Astor fitted out a third ship, and the "Lark" sailed from New York March 6, 1813. The ship had been gone only two weeks when news came justifying Astor's fears for the safety of his Pacific colony. A second appeal of the Northwest Company to the British Government had gained the ear of the ministry, and a frigate was ordered to the The fate of Astoria is well known; McDougal, Astor's agent, fearing the arrival of a British man-of-war, capitulated, on poor financial terms, to agents of the Northwest Company, which was in occupation when the British sloop-of-war "Raccoon" arrived, November 30. On December 12 Captain Block with his officers entered the fort, and, breaking a bottle of wine, took possession in the name of his Britannic Majesty. The failure of Astoria did not by any means ruin its sturdy promoter, though it meant a great monetary loss. Astor's fortune kept swelling with the years until it reached twenty millions; portions of it are of daily benefit to many But these material benefits never did a greater good than the influence Astor exerted in turning the minds and hearts of men to the Northwest. In many of our stories of early American promotion the particular end in view was never achieved. No hope of Washington's (after his desire for independence) was more vital than his hope of a canal between the Potomac and the Ohio. The plan was not realized, yet through his hoping for it and advocating it both the East and the West received lasting benefits. But of the stories of broken dreams, that of Astoria stands alone and in many ways unsurpassed. The indomitable spirit which Astor showed has been the making of America. The risks he ran fired him to heartier endeavor, as similar risks have incited hundreds of American promoters since his day; he stands, in failure and in success, as the early type of the American promoter and successful merchant prince. |