One of the earliest and most
important industries in North America, the American fur trade
played a major role in the development of the United States
and Canada for more than 300 years. Involving half a dozen
European nations and numerous
American
Indian tribes, the fur
trade began in the 1500's.
Native
Americans traded furs for
supplies such as tools, weapons and horses. The furs, in turn,
were utilized to make hats, coats, and blankets, which were
very popular in Europe.
Some of the earliest fur traders
were French explorers and fishermen who arrived in what is now
Eastern Canada during the early 1500's. By the early 1600's
the demand for beaver fur increased dramatically, when
fashionable European men began to wear felt hats made from
the fur.
This demand encouraged further
exploration of North America, making legends of dozens of men,
as well as the great fur trading companies
such as
John
Jacob Astor's
American Fur
Company,
Hudson's Bay
Company, the oldest company in North America, Manuel Lisa's
Missouri Fur Company,
and dozens of others. However, by the
late 1700's, the fur trade began to decline as fur-bearing
animals became increasingly scarce. In the 1830's, the demand
for beaver dropped when European manufacturers began to
use silk instead of felt for hats. By 1870, most fur-trading
activity had ended.
©
Kathy Weiser/Legends
of America, January, 2010.

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