June 12th.—The ship dropped further down the River, and it was now determined to abandon all attempts to force a settlement. We have taken off the goats and hogs which were left on shore for the use of the settlement, and thus we have to abandon the business, after having, with great difficulty and labour, got about forty-five miles above Cape Disappointment; and with great trouble began to clear the land and build a house a second time, after cutting timber enough to finish nearly one-half, and having two of our hands disabled in the work. It is, indeed, cutting to be obliged to knuckle to those whom you have not the least fear of, but whom, from motives of prudence, you are obliged to treat with forbearance. What can be more disagreeable than to sit at the table with a number of these rascally chiefs, who while they supply their greedy mouths with your food with one hand, their bloods boil within them to cut your throat with the other, without the least provocation.

On the way out of the River Captain Winship learned that the Chinooks designed capturing his vessel, and would doubtless have done so, had not his vigilance prevented.

While the crew of the Albatross were engaged in these adventures the largest American Fur Company yet formed was getting ready to effect a lodgment on the shores of the Columbia. This was the Pacific Fur Company. John Jacob Astor was the founder of this enterprise. Though unfortunate in almost every feature of its history and its final outcome, this company had a magnificent conception, a royal grandeur of opportunity, and it possessed also the felicity, shared by no one of its predecessors, of the genius of a great literary star to illuminate its records. To Washington Irving it owes much of its fame. Yet the commercial genius of Astor could not prevent errors of judgment by the management any more than the literary genius of Irving was able to conceal their errors, or the genius of American liberty able to order events so as to prevent victory for a time by the “Britishers.” As we view the history in the large it may be that we shall conclude that the British triumph at first was the best introduction to American triumph in the end.

John Jacob Astor may, perhaps, be justly regarded as the first of the great promoters or financial magnates who have made the United States the world’s El Dorado. Coming from Germany to this land of opportunity after the close of the Revolutionary War, he soon manifested that keen intuition in money matters, as well as intense devotion to accumulation, which has led to the colossal fortunes of his own descendants and of the other multimillionaires of this age. Having made quite a fortune by transporting furs to London, Mr. Astor turned to larger fields. With his broad and keen geographical and commercial insight, he could readily grasp the same fact which the North-westers of Montreal were also considering, that the Columbia River might well become the key to an international fur-trade, as well as a strategic point for American expansion westward. He made overtures to the North-westers for a partnership, but they declined. Then he determined to be the chief manager, and to associate individual Americans and Canadians with himself. With the promptitude of the skilful general, he proceeded to form his company and make his plan of campaign in time to anticipate the apparent designs of the active Canadians. They saw, as well as Astor did, the magnitude of the stake and at once made ready to play their part. For, as already noted, David Thompson crossed the Rockies by the Athabasca Pass in 1810, spent the winter at Lake Windermere on the Columbia River, and in the summer of 1811 reached Astoria, only to find the Astor Company already established there. It should be especially noted that the Thompson party was the first to descend the River from near its source to the ocean, although of course Lewis and Clark had anticipated them on the portion below the junction of the Snake with the main River.

Mr. Astor’s plans provided for an expedition by sea and one by land. The first was to convey stores and equipment for founding and defending the proposed capital of the empire of the fur-traders. Of the expedition by land under Hunt we have already given a full account in the preceding chapter, since its events rather allied it to the era of exploration than that of the traders. The organisation of Mr. Astor’s company provided that there should be a capital stock of a hundred shares, of which he should hold half and his associates half. Mr. Astor was to furnish the money, though not to exceed four hundred thousand dollars, and was to bear all losses for five years. The term of the association was fixed at twenty years, though with the privilege of dissolving it in five years if it proved unprofitable. The general plan and the details of the expedition had been decided upon by the master mind of the founder with statesmanlike ability. It comes, therefore, as a surprise to the reader that Mr. Astor should have made a capital mistake at the very beginning of his undertaking. This mistake was in the selection of his associates and the captains of some of his ships. Of the partners, five were Americans and five were Canadians. Two only of the Americans remained with the company long enough to have any determining influence on its policies. Take the fact that the majority of the active partners and almost all the clerks, trappers, and other employees of the company were Canadians, and put it beside the other fact that war was imminent with Great Britain and did actually break out within two years, and the dangerous nature of the situation can be seen. Of the ship-captains, the first one, Captain Jonathan Thorn of the Tonquin, was a man of such overbearing and obstinate nature that disaster seemed to be fairly invited by placing him in such vitally responsible a position. The captain of the second ship, the Beaver, was Cornelius Sowles, and he seems to have been as timid and irresolute as Captain Thorn was bold and implacable. Both lacked judgment. It was probably natural that Mr. Astor, having had his main prior experience as a fur-dealer in connection with the Canadians centring at Montreal, should have looked in that direction for associates. But inasmuch as war between England and the United States seemed a practical certainty, it was a great error, in founding a vast enterprise in remote regions whose ownership was not yet definitely recognised, to share with citizens of Great Britain the determination of the important issues of the enterprise. It would have saved Mr. Astor great loss and chagrin if he had observed the maxim: “Put none but Americans on guard.” As to the captains of the two vessels, that was an error that any one might have made. Yet for a man of Astor’s exceptional ability and shrewdness to err so conspicuously in judging the character of the men appointed to such important places seems indeed strange.

Astoria in 1845.
From an Old Print.

Astoria. Looking up and across the Columbia River.
Photo. by Woodfield.

To these facts in regard to the personnel of the partners, the captains, and the force, must be added two others; i. e., war and shipwreck. The combination of all these conditions made the history of the Astoria enterprise what it was. Yet, with all of its adversity, this was one of the best conceived, and, in most of its details, the best equipped and executed of all the great enterprises which have appeared in the commercial history of our country. As an element in the development of the land of the Oregon, it must be accorded the first place after the period of discovery.