Voyageurs
Europeans mainly traded alongside the coast of North America with Native Americans. The early fur trade with Native Americans, which developed alongside the coasts of North America, was not limited to the beaver. Beavers were not particularly valued and people preferred "fancy fur" or "fur that is used with or on the pelt. The fur trade was viewed as secondary to fishing during this era.
The earliest North American fur trading did not include long distance transportation of the furs after they were obtained by trade with the First Nations; it started with trading near settlements or along the coast or waterways accessible by ship. Soon, coureurs des bois achieved business advantages by travelling deeper into the wilderness and trading there. By 1681, the King of France decided to control the traders by publishing an edict that banned fur and pelt trading in New France.
Maritime fur trade
As traders sailed farther east, the voyages became longer and more expensivea Smaller enterprises were merged into larger ones. During the 1780s, Grigory Shelikhov began to stand out as one of the most important traders through the Shelikhov-Golikov Company. In 1784, Shelikhov founded the first permanent Russian settlement in North America, at Three Saints Bay on Kodiak Island. Shelikhov envisioned a continual extension of the Russian maritime fur trade, with trading posts being set up farther and farther along the coast all the way to California. He sought exclusive control of the trade, and in 1788 Empress Catherine II decided to grant his company a monopoly only over the area it already occupied. Other traders were free to compete elsewhere. Catherine's decision was issued as the imperial "ukase" (proclamation) of 28 September 1788.