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Dollar Notes

Economic

The Oregon Trail had economic effects on the expansion of the U.S. 

Nathaniel J. Wyeth

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1802 - 1856

Nathaniel Jarvis Wyeth was an American inventor and businessman in Boston, Massachusetts who contributed greatly in creating many businesses along the Oregon Trail. 

One man who affected the economy in a large way was Nathaniel J. Wyeth, an American explorer, and businessman. He had plans of establishing fur-trading posts, a salmon fishery, a colony, and other things too, but these things never happened. Even though none of this ever happened he was able to found Fort Hall, a very important stop for immigrants traveling the Oregon trail, and he also founded Fort William. These 2 trading posts were later sold to the Hudson’s Bay Company. 

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"Independence Missouri" by Herman J. Meyer, 1855

This was significant in the expansion of the U.S. because the trail allowed people to make profits from putting their towns and businesses along the trail, so more and more buildings sprung up around and along the trail, enhancing the economy.

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"Old Fort Hall" by William Henry Jackson, 1973

Along with trading posts, there were also towns appearing along the trail, giving emigrants more opportunities to rest and purchase goods and services. 

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"Oregon City" by  John Mix Stanley, 1850

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