Russian American Company

Entidad colectiva

Russian American Company

n.d.

Following the early period of Russian exploration of North America, the imperial government was initially content to leave further development of Alaska in the hands of private traders or promyshlenniki. Attracted by the fur-bearing animals of the Aleutian Islands, the promyshlenniki did not settle in the new territory but only hunted seasonally. In 1784, however, Grigorii Shelikhov established the first permanent Russian outpost on Kodiak Island at Three Saints Bay. Eager to eliminate rival Russian companies and gain control of the entire North Pacific fur trade, Shelikhov expanded the sphere of Russian influence along the Alaskan coast and petitioned Empress Catherine the Great to grant him a monopoly. Shelikhov did not live to see his plans implemented, but in December 1799 Catherine's successor, Paul I, decided to issue a charter creating the Russian-American Company. Although its board of directors met in St. Petersburg, the company's business was conducted from the capital of Russian America, New Archangel (founded on Sitka Island in 1804). Despite falling revenues and a changing world order in the Pacific, the Russian-American Company provided Alaska and the Aleutians with a commercial and civil administration until 1867.

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