On 4 May 1626 Peter Minuit landed on Manhattan Island and on 23 September he was named as director general of the colony of Manhattan by the Dutch West India Company. He purchased the island from a meeting of Indian sachems for 60 guilders and set about building New Amsterdam.
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Citation: Editors, Litencyc. "Dutch found New Amsterdam on Manhattan Island". The Literary Encyclopedia. First published 12 December 2007 [https://www.litencyc.com/php/stopics.php?rec=true&UID=2115, accessed 10 June 2026.]
