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American Fur Company
The American Fur Company was founded in 1808 by John Jacob Astor, a German immigrant to the United States. Under his leadership, the company grew to monopolize the fur trade in the United States by 1830, and became one of the largest and wealthiest businesses in the country.
The company was one of the first great trusts in American business and one of the first major competitive ventures to challenge British business interests in North America. During the 18th century, furs had become a major commodity in Europe, and North America became a major supplier. Several British companies, most notably the North West Company and the Hudson's Bay Company, capitalized on the lucrative trade in furs and were led by high-ranking partners.
When the U.S. gained its independence at the end of the 18th century, it rapidly moved to challenge British business dominance in North America, with the fur trade becoming an especially important issue. Astor's company was able to capitalize on the young nation's anti-British sentiments to take over many formerly British fur-trapping regions and trade routes. It expanded very rapidly and successfully. Demand for furs in Europe began to decline during the early 19th century, leading to the stagnation of the fur trade by the mid-19th century. Astor left his company in 1830, the company declared bankruptcy in 1842, and the American Fur Company ultimately ceased trading in 1847.
==History==
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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