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.
Read more about this topic: American Fur Company
Famous quotes containing the word influence:
“I have thought a sufficient measure of civilization is the influence of good women.”
—Ralph Waldo Emerson (1803–1882)
“... even I am growing accustomed to slavery; so much so that I cease to think of its accursed influence and calmly eat from the hands of the bondman without being mindful that he is such. O, Slavery, hateful thing that thou art thus to blunt the keen edge of conscience!”
—Susan B. Anthony (1820–1907)
“A bestial and violent man will go so far as to kill because he is under the influence of drink, exasperated, or driven by rage and alcohol. He is paltry. He does not know the pleasure of killing, the charity of bestowing death like a caress, of linking it with the play of the noble wild beasts: every cat, every tiger, embraces its prey and licks it even while it destroys it.”
—Colette [Sidonie Gabrielle Colette] (1873–1954)