Pacific Fur Company

Pacific Fur Company

A depiction of North American beaver, the main source of animal pelts collected by the PFC
Company type	Private
Industry	Fur trade
Founded	New York City, U.S., (1810 (1810))
Founder	John Jacob Astor
Defunct	1813 (1813)
Fate	Sold at a loss
Successor	North West Company
Headquarters	Fort Astoria, present day Astoria, Oregon, U.S.
Area served	Pacific Northwest, also referred to as Oregon Country or the Columbia District
Key people	Wilson Price Hunt, Duncan McDougall, Alexander McKay, David Stuart
Total assets	$200,000 (1810)
Parent	American Fur Company

The Pacific Fur Company (PFC) was an American fur trade venture wholly owned and funded by John Jacob Astor that functioned from 1810 to 1813. It was based in the Pacific Northwest, an area contested over the decades among the United Kingdom of Great Britain and Ireland, the Spanish Empire, the United States of America and the Russian Empire.

Management, clerks and fur trappers were sent both by land and by sea to the Pacific Coast in the Autumn of 1810. The base of operations was constructed at the mouth of the Columbia River in 1811, Fort Astoria (present-day Astoria, Oregon). The destruction of the company vessel the Tonquin later that year off the shore of Vancouver Island took with it the majority of the annual trading goods. Commercial competition with the British-Canadian North West Company began soon after the foundation of Fort Astoria. The Canadian competitors maintained several stations in the interior, primarily Spokane House, Kootanae House and Saleesh House. Fort Okanogan was also opened in 1811, the first of several PFC posts created to counter these locations. The Overland Expedition faced military hostilities from several Indigenous cultures and later had an acute provision crisis leading to starvation. Despite losing men crossing the Great Plains and later at the Snake River, they arrived in groups throughout January and February 1812 at Fort Astoria.

A beneficial agreement with the Russian-American Company was also planned through the regular supply of provisions for posts in Russian America. This was planned in part to prevent the rival Montreal based North West Company (NWC) to gain a presence along the Pacific Coast, a prospect neither Russian colonial authorities nor Astor favored.^[1]

The lack of military protection during the War of 1812 forced the sale of PFC assets to the NWC. While the transactions were not finalized until 1814, due to the distance from Fort Astoria to Montreal and New York City, the company was functionally defunct by 1813. A party of Astorians returning overland to St. Louis in 1813 made the important discovery of the South Pass through the Rocky Mountains. This geographic feature would later be used by hundreds of thousands of settlers traveling over the Oregon, California, and Mormon routes, collectively called the Westward Expansion Trails. The emporium envisioned by Astor was a failure for a number of reasons, including the loss of two supply ships, the material difficulties of crossing the North American continent and competition from the North West Company. Historian Arthur S. Morton concluded that "The misfortunes which befell the Pacific Fur Company were great, but such as might be expected at the initiation of an enterprise in a distant land whose difficulties and whose problems lay beyond the experience of the traders."^[2]