By 1823, the American Fur Company had established control over the fur trade in much of present-day Minnesota. The company's headquarters were located at the confluence of the Minnesota and Mississippi rivers, at a post known as New Hope or St. Peters, now called Mendota, derived from the word Bdote.
Alexis Bailly operated the post at New Hope, overseeing a series of trading posts that extended up the Minnesota and Mississippi rivers. In 1834, Henry Hastings Sibley took over Bailly's position and ran the Western Outfit of the American Fur Company, responsible for trade with the Dakota people.
The American Fur Company's presence in Minnesota had a significant impact on the region's economy and culture. The fur trade brought wealth to the area and facilitated interactions between European settlers and Native American tribes.
Under the management of Bailly and later Sibley, the company played a crucial role in shaping the development of Minnesota and the relationships between different communities in the region.
Today, the legacy of the American Fur Company can still be seen in the historical sites and landmarks scattered across Minnesota. The company's influence on the fur trade and the relationships between settlers and indigenous peoples continues to be a topic of study and discussion.
As one of the key players in the fur trade in the early 19th century, the American Fur Company left a lasting impact on the history of Minnesota and the broader Midwest region.