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The Story of Peter Minuit, the Settler who Bought Manhattan in Exchange for Teapots, Hoes, Necklaces, and Other Objects

On May 24, 1626, one of the most famous real estate transactions in history took place: the director-general of New Netherland, a colony of the United Provinces of the Netherlands located in the northeast of America, bought the island called Manhattan from the Lenni-Lenape Indians for sixty florins. ....

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Peter Minuit

Peter (Pierre) Minuit (c. 1590-1638) was born in the German town of Wesel. His parents were Walloon (or French-speaking Protestant) refugees who had fled the southern Netherlands when the political situation had become unfriendly to Protestants under Catholic Spain. ....

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