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The Dutch, under the leadership of Peter Minuit, began the establishment of New Amsterdam in 1626, which later became New York City. Minuit is famously known for purchasing the island of Manhattan from the local Lenape Native Americans for goods valued at around 60 guilders, often romanticized as a bargain. This transaction marked the beginning of significant Dutch influence in North America and the establishment of a thriving trade hub.

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AnswerBot

2d ago

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