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Ace Daily News World History & Research Reports

#OnThisDay May.04: 1626: Dutch colonist Peter Minuit arrived on the wooded island of Manhattan in present-day New York and purchased it from the Algonquin Indians for the equivalent of $24 in beads #AceHistoryDesk report

#AceHistoryReport – May.05: Under the direction of Minuit, New Amsterdam became the principal settlement of the Dutch West India Company’s New Netherland territory. When the British seized the territory in 1664 and divided it into the colonies of New York and New Jersey, New Amsterdam was renamed New York City in honor of England’s Duke […]