Our first century . , whose nativeinhabitants were eager to trade with the Dutch for suchwares as they had to offer. Immediately the Dutchtraders in whose service he had made the voyage sentout agents whose business it was to buy furs of the In-dians for such trinkets as thesesavages desired. The traffic wasenormously profitable from thebeginning and the merchants en-gaged in it were eager to monopo-lize it. They secured a charterfrom the Dutch governmentwhich gave them a monopoly ofit for three years and they sentout many traders to secure fursand pelts. In 1621 the Dutchgovernment chartered


Our first century . , whose nativeinhabitants were eager to trade with the Dutch for suchwares as they had to offer. Immediately the Dutchtraders in whose service he had made the voyage sentout agents whose business it was to buy furs of the In-dians for such trinkets as thesesavages desired. The traffic wasenormously profitable from thebeginning and the merchants en-gaged in it were eager to monopo-lize it. They secured a charterfrom the Dutch governmentwhich gave them a monopoly ofit for three years and they sentout many traders to secure fursand pelts. In 1621 the Dutchgovernment chartered what wascalled the Dutch West India New Netherland. Company, giving it a permanent monopoly of this tradeand a right to govern the regions thus possessed. The Dutch named this region New landed where the city of New York now stands andthere they established their principal trading post. Theypushed on up the river, establishing posts at differentpoints and particularly on the spot where Albany now 86 OUR FIRST CENTURY In 1614, or perhaps a year or two earlier, the Dutchbuilt a fort at what is now the Battery in New York,and called it Fort Amsterdam. And as traders andsettlers afterward came out they built a little town aroundthat fort, thus making the beginning of New York—thelargest city in America, and the second largest in theworld. At first the Dutch sent out nobody but traders. Itwas not until 1622 or 1623—two or three years afterthe establishment of the Plymouth colony, that they be-gan sending out permanent colonists. They settled someof them at Fort Orange—now Albany—and others atthe Wallabout, in what is now the borough of Brooklynin New York City. It was not until 1626 that the Dutch sent out PeterMinuit as governor of New Netherland. As yet theDutch traders had no title to Manhattan Island on whichthey had located their fort and on which New York City


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