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.
Fort Kiowa
Later in the same year, John Jacob Astor purchased Fort Kiowa from Pratte for his rapidly expanding American Fur Company. Astor, who was the first multi-millionaire in America, bought Fort Kiowa to establish his presence in the upper Missouri and to further his monopoly on the American fur trade. Astor found the upper Missouri river area to be extremely prosperous. However, in the late 1830s, Astor’s American Fur Company was forced to abandon Fort Kiowa as the once lucrative fur trading business was no longer profitable due to several factors. First, there was a scarcity of beaver caused by rapid overhunting by intruding trappers. Second, there was a lack of public demand in America and Europe for pelts, as a new style, silk hats, was gaining prominence. Lastly, the intrusion of American trappers on what natives perceived as their land angered native tribes who began to revolt against the trappers. As supply and demand both declined, fur trading in America faced extinction.