Influence
During its heyday, the American Fur Company was one of the largest enterprises in the United States and held a total monopoly of the lucrative fur trade in the country. The company provided the income for the land investments that catapulted John Jacob Astor to the position of richest man in the world and the first multi-millionaire in America. The German-born Astor remains the eighteenth wealthiest person of all time, and the eighth to create that fortune in the United States. He used part of his fortune to found the Astor Library in New York City. Later it merged with the Lenox Library to form the New York Public Library.
On the frontier, the American Fur Company opened the way for the settlement and economic development of the Midwestern and Western United States. Mountain men working for the company improved Native American trails and carved others that led settlers into the West. Many cities in the Midwest and West, such as Astoria, Oregon and Fort Benton, Montana, developed around American Fur Company trading posts. The American Fur Company played a major role in the development and expansion of the young United States.
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Famous quotes containing the word influence:
“I am not sure but I should betake myself in extremities to the liberal divinities of Greece, rather than to my country’s God. Jehovah, though with us he has acquired new attributes, is more absolute and unapproachable, but hardly more divine, than Jove. He is not so much of a gentleman, not so gracious and catholic, he does not exert so intimate and genial an influence on nature, as many a god of the Greeks.”
—Henry David Thoreau (1817–1862)
“Constitutional statutes ... which embody the settled public opinion of the people who enacted them and whom they are to govern—can always be enforced. But if they embody only the sentiments of a bare majority, pronounced under the influence of a temporary excitement, they will, if strenuously opposed, always fail of their object; nay, they are likely to injure the cause they are framed to advance.”
—Rutherford Birchard Hayes (1822–1893)
“Mothers have as powerful an influence over the welfare of future generations, as all other causes combined.”
—John Abbott. The Mother at Home; or the Principles of Maternal Duty, John Abbott, Crocker and Brewster (1833)