A Dutchman named Peter Minuit traded the island of Manhattan on which his compatriots had been already establishing themselves, for a more than modest material compensation: knives, beads, blankets and rum, worth a total of 24 dollars today. At current prices, this money won’t fetch much too in the United States: one can buy a bottle of cheap whiskey, socks, an ashtray, soap, a pound of sausage, pull-ups and a movie ticket. Not quite a fortune, is it? Yet, if one feels sorry for the deceived Indians, they too will be disappointed – it turned out later that it were buyers to be screwed. For the Dutch bought the island from the wrong Indians. The wrong people rowed there for hunting and wouldn’t refuse a free gift. And the real owners of the land then very resentful.
On May 4, 1626, the whites bought Manhattan Island, the current center of the New York City, from local Indians