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 part of the West Indies. Therefore it was that the new company which was devised for its exploitation and chartered in the year mentioned, took the name of The Dutch West India Company.

Under its auspices, in March, 1624, the ship Nieu Nederlandt sailed from Amsterdam by the accustomed route of the Canary Islands for the Mauritius River. She carried thirty families, chiefly Walloons, refugees from Belgium who had settled in Holland, and a few Dutch freemen. Some of the families were landed on Manhattan Island, but the majority proceeded up the river and selected for their settlement the fat meadow on the west shore above Castle Island. Under the shadow of the clay hill on which the Capitol now lifts its masses of sculptured granite, they built rude huts sheathed in bark, and a little log fort which they named Fort Orange. The Indians were friendly and eager to barter, and enthusiastic reports were at once sent over to Holland, with corroborative otter and beaver skins.

Two years after this settlement at Fort Orange, the Dutch West India Company purchased Manhattan Island from the Indians for sixty guilders in high-priced goods and, plant-