Part of the series Are Native Americans Relevant?
The
fur trade was one of the major reasons why the North American continent was
settled by Europeans. The most sought
after fur was beaver. Beaver hats were
very important in Europe before the use of umbrellas. Europeans wanted fur for clothing in cold
stone or brick houses. Europeans were
growing wealthy and wanted to buy the furs that were available from the
continent.
The
fur trade began with the first explorers and was one of the major economic
forces until the mid 1800s. It was
dependent upon Native American hunters and trappers. The fur trade began with the first explorers
and was one of the major economic forces until the mid 1800s. The English, French, Dutch, Swedish, Spanish
and Russians were all after furs. Furs
were 1/3 to ½ of all exports from New York and Pennsylvania between 1700 and
1750. The fur trade was why Albany, New
York, and Springfield, Massachusetts, were settled. The fur trade was why English wrested control
of New Amsterdam from the Dutch, because the English only had possession of
land around Hudson’s Bay in the far north.
In the Southeast deerskins were important. Plastic and rubber later were used in place
of deerskin.
Native
women were especially valuable in the fur trade. Some were captured in raids
and passed around tribes, often speaking several languages and knowing many
travel routes. They became wives to
French and Scottish traders. In addition
to skinning and preparing game and furs, the women had the foraging skills to
live off the land when game was scarce.
They also knew how to use traditional herbs. They knew how to make and repair birch bark
canoes and how to track. Many trappers
and traders were dependent upon their women for success.
Furs
formed the early wealth of North American.
They financed major cities and the expansion of westward settlement. Some American cities began as forts or trading
posts. Astute businessmen such as John
Jacob Astor, who started the American Fur Company, accumulated capital reserves
allowing them to finance further development, trade and industrialization,
including canals and railways allowing Europeans to move west to take over more
of the continent. The wealth was carried
forward by investment in banks and insurance companies that still exist.
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