Thus countenanced, however, he obtained, in 1809, a charter from the legislature of the State of New York, incorporating a company under the name of “The American Fur Company,” with a capital of one million of dollars, with the privilege of increasing it to two millions. The capital was furnished by himself he, in fact, constituted the company; for, though he had a board of directors, they were merely nominal; the whole business was conducted on his plans and with his resources, but he preferred to do so under the imposing and formidable aspect of a corporation, rather than in his individual name, and his policy was sagacious and effective.
As the Mackinaw Company still continued its rivalry, and as the fur trade would not advantageously admit of competition, he made a new arrangement in 1811, by which, in conjunction with certain partners of the Northwest Company, and other persons engaged in the fur trade, he bought out the Mackinaw Company, and merged that and the American Fur Company into a new association, to be called the “Southwest Company.” This he likewise did with the privity and approbation of the American government.
By this arrangement Mr. Astor became proprietor of one half of the Indian establishments and goods which the Mackinaw Company had within the territory of the Indian country in the United States, and it was understood that the whole was to be surrendered into his hands at the expiration of five years, on condition that the American Company would not trade within the British dominions.
Unluckily, the war which broke out in 1812 between Great Britain and the United States suspended the association; and, after the war, it was entirely dissolved; Congress having passed a law prohibiting the British fur traders from prosecuting their enterprises within the territories of the United States.
Chapter III.
Fur Trade in the Pacific — American Coasting Voyages — Russian Enterprises. — Discovery of the Columbia River. — Carver’s Project to Found a Settlement There. — Mackenzie’s Expedition. — Lewis and Clarke’s Journey Across the Rocky Mountains — Mr. Astor’s Grand Commercial Scheme. — His Correspondence on the Subject With Mr. Jefferson. — His Negotiations With the Northwest Company. — His Steps to Carry His Scheme Into Effect.
While the various companies we have noticed were pushing their enterprises far and wide in the wilds of Canada, and along the course of the great western waters, other adventurers, intent on the same objects, were traversing the watery wastes of the Pacific and skirting the northwest coast of America. The last voyage of that renowned but unfortunate discoverer, Captain Cook, had made known the vast quantities of the sea-otter to be found along that coast, and the immense prices to be obtained for its fur in China. It was as if a new gold coast had been discovered. Individuals from various countries dashed into this lucrative traffic, so that in the year 1792, there were twenty-one vessels under different flags, plying along the coast and trading with the natives. The greater part of them were American, and owned by Boston merchants. They generally remained on the coast and about the adjacent seas, for two years, carrying on as wandering and adventurous a commerce on the water as did the traders and trappers on land. Their trade extended along the whole coast from California to the high northern latitudes. They would run in near shore, anchor, and wait for the natives to come off in their canoes with peltries. The trade exhausted at one place, they would up anchor and off to another. In this way they would consume the summer, and when autumn came on, would run down to the Sandwich Islands and winter in some friendly and plentiful harbor. In the following year they would resume their summer trade, commencing at California and proceeding north: and, having in the course of the two seasons collected a sufficient cargo of peltries, would make the best of their way to China. Here they would sell their furs, take in teas, nankeens, and other merchandise, and return to Boston, after an absence of two or three years.
The people, however, who entered most extensively and effectively in the fur trade of the Pacific, were the Russians. Instead of making casual voyages, in transient ships, they established regular trading houses in the high latitudes, along the northwest coast of America, and upon the chain of the Aleutian Islands between Kamtschatka and the promontory of Alaska.
To promote and protect these enterprises, a company was incorporated by the Russian government with exclusive privileges, and a capital of two hundred and sixty thousand pounds sterling; and the sovereignty of that part of the American continent, along the coast of which the posts had been established, was claimed by the Russian crown, on the plea that the land had been discovered and occupied by its subjects.
As China was the grand mart for the furs collected in these quarters, the Russians had the advantage over their competitors in the trade. The latter had to take their peltries to Canton, which, however, was a mere receiving mart, from whence they had to be distributed over the interior of the empire and sent to the northern parts, where there was the chief consumption. The Russians, on the contrary, carried their furs, by a shorter voyage, directly to the northern parts of the Chinese empire; thus being able to afford them in the market without the additional cost of internal transportation.
We come now to the immediate field of operation of the great enterprise we have undertaken to illustrate.
Among the American ships which traded along the northwest coast in 1792, was the Columbia, Captain Gray, of Boston. In the course of her voyage she discovered the mouth of a large river in lat. 46 19’ north. Entering it with some difficulty, on account of sandbars and breakers, she came to anchor in a spacious bay. A boat was well manned, and sent on shore to a village on the beach, but all the inhabitants fled excepting the aged and infirm. The kind manner in which these were treated, and the presents given them, gradually lured back the others, and a friendly intercourse took place. They had never seen a ship or a white man. When they had first descried the Columbia, they had supposed it a floating island; then some monster of the deep; but when they saw the boat putting for shore with human beings on board, they considered them cannibals sent by the Great Spirit to ravage the country and devour the inhabitants. Captain Gray did not ascend the river farther than the bay in question, which continues to bear his name. After putting to sea, he fell in with the celebrated discoverer, Vancouver, and informed him of his discovery, furnished him with a chart which he had made of the river. Vancouver visited the river, and his lieutenant, Broughton, explored it by the aid of Captain Gray’s chart; ascending it upwards of one hundred miles, until within view of a snowy mountain, to which he gave the name of Mt. Hood, which it still retains.
The existence of this river, however, was known long before the visits of Gray and Vancouver, but the information concerning it was vague and indefinite, being gathered from the reports of Indians. It was spoken of by travellers as the Oregon, and as the Great River of the West. A Spanish ship is said to have been wrecked at the mouth, several of the crew of which lived for some time among the natives. The Columbia, however, is believed to be the first ship that made a regular discovery and anchored within its waters, and it has since generally borne the name of that vessel. As early as 1763, shortly after the acquisition of the Canadas by Great Britain, Captain Jonathan Carver, who had been in the British provincial army, projected a journey across the continent between the forty-third and forty-sixth degrees of northern latitude to the shores of the Pacific Ocean. His objects were to ascertain the breadth of the continent at its broadest part, and to determine on some place on the shores of the Pacific, where government might establish a post to facilitate the discovery of a northwest passage, or a communication between Hudson’s Bay and the Pacific Ocean. This place he presumed would be somewhere about the Straits of Annian, at which point he supposed the Oregon disembogued itself. It was his opinion, also, that a settlement on this extremity of America would disclose new sources of trade, promote many useful discoveries, and