Today in History

May 24, 1626

Peter Minuit Buys Manhattan

Peter Minuit was the Director-General of the Dutch New World colony of New Netherland. Seeking to claim a legitimate title to the land the colony desired to rule, Minuit entered into negotiations with the local Native Americans. Minuit purchased the island of Manhattan on May 24, 1626 for 60 guilders and a collection of European handicrafts and ornaments.

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