Pacific Fur Company
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The Pacific Fur Company was founded June 23, 1810, in New York City. Half of the stock of the company was held by the American Fur Company, owned exclusively by John Jacob Astor, and Astor provided all of the capital for the enterprise. The other half of the stock was ascribed to working partners or kept in reserve. In 1811, the company established a trading post at present-day Astoria, Oregon. Astor's grand plan included a permanent American settlement at the mouth of the Columbia River, and a trade ring that included New York, the old Oregon Country, Russian Alaska, Hawaii and China. Indian trade goods would be loaded at New York; produce, provisions (and some Hawaiians) would be taken on at the Hawaiian Islands for the Northwest Coast; furs and pelts would be acquired from the Columbia and Russian Alaska; Canton, China was the best market for furs in those years, and they would be exchanged for porcelain, silk and other cloth, spices, etc., which would then be transported, via Hawaii, back to New York. Two initial expeditions were sent to the Columbia River, one by sea and the other by land.
The sea expedition was transported by the ship Tonquin, under the command of Jonathan Thorn, an impatient and hard man. The Tonquin left New York on September 8, 1810, and arrived at the Columbia River April 12, 1811 to establish the first American-owned (if Canadian-staffed) outpost on the Pacific Coast, Fort Astoria (present-day Astoria, Oregon) which was near the Lewis and Clark 1805-1806 winter camp of Fort Clatsop at the mouth of the Columbia River.
The Tonquin then sailed up the coast to trade where she was boarded by the Tla-o-qui-aht people of Clayoquot Sound, Vancouver Island, where 61 men were killed and the ship subsequently exploded by a surviving crew member.
The Overland Expedition of the Pacific Fur Company, often called the Astor Expedition or the Hunt Party, was led by Wilson Price Hunt. The party ascended the Missouri River as far as the Arikara Villages near present-day Mobridge, South Dakota, then west overland. They found hard times on the Snake River in southern Idaho, where they lost some goods and most of their food, and were forced to cache the rest of their trade goods and divided into fractions to make their way to the Columbia. Most members of the party reached Fort Astoria in January and February 1812.
After a number of set-backs, the Pacific Fur Company failed when the supply ship Beaver was late to arrive at Fort Astoria as anticipated. The fort and all assets in the Oregon Country were sold to the (Canadian) North West Company in October 1813, under duress during the War of 1812.
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