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The purchase of Manhattan Island by Peter Minuit.

Peter Minuit was born in Holland in 1580. In 1624 Dutch merchants established a settlement that became known as New Netherland. The Dutch government gave exclusive trading rights to the Dutch West India Company.

Minuit was one of those who decided to settle in America and in 1626 became director-general of New Netherland. Minuit purchased Manhattan Island from Native Americans for $24 worth of trinkets, beads and knives. Over the next few years other colonists arrived a large settlement was established on Manhattan Island. The chief port on Manhattan was named New Amsterdam (later changed to New York).

2007-09-25 01:51:49 · answer #1 · answered by the_lipsiot 7 · 1 0

The purchase of Manhattan Island for about $24 worth of beads and such--what's really funny, though, is the fact that the Native Americans who "sold" the island to Minuit and the Dutch had no claim to it.

I like to think that, in this case, the Indians were the winners.

2007-09-25 02:32:58 · answer #2 · answered by Chrispy 7 · 0 0

When Was Peter Minuit Born

2016-11-07 10:27:54 · answer #3 · answered by ? 4 · 0 0

Peter Minuit's purchase of the island of Manhattan from the natives for an assortment of beads and trinkets. (Actually he ended up buying it from a tribe that lived in what is now Brooklyn, and ended up fighting the actual natives of Manhattan soon after.) In any case, this established the first European claim to the island of Manhattan.

2007-09-25 01:54:02 · answer #4 · answered by johnny_sunshine2 3 · 1 0

Manhattan island

2007-09-25 01:54:56 · answer #5 · answered by Bill 5 · 0 0

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