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:
“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)
“Under the influence of fear, which always leads men to take a pessimistic view of things, they magnified their enemies’ resources, and minimized their own.”
—Titus Livius (Livy)
“I wish to reiterate all the reasons which [my predecessor] has presented in favor of the policy of maintaining a strong navy as the best conservator of our peace with other nations and the best means of securing respect for the assertion of our rights of the defense of our interests, and the exercise of our influence in international matters.”
—William Howard Taft (1857–1930)