Home / Shonnard, Frederic, and W.W. Spooner. History of Westchester County, New York, from its Earliest Settlement to the Year 1900. New York: The New York History Company, 1900. / Passage

History of Westchester County, New York, from its Earliest Settlement to the Year 1900

Shonnard, Frederic, and W.W. Spooner. History of Westchester County, New York, from its Earliest Settlement to the Year 1900. New York: The New York History Company, 1900. 326 words

It was charged that the latter paid little or no heed to the plain spirit of the charter of Freedoms and Exemptions, which in creating the patroons had in view essentially the development of the country granted to them; and that, instead of settling the land in good faith, with they sought principally the profits of trade, coming into conflict the was sy controver the of the' interests of the company. One result recall of Minuit, who was supposed to have shown too much partiality for the patroons and too little zeal for the protection of the company against their personal enterprises. This happened in 1633. The next director-general was Walter Van Twiller, who remained m ofdismissed for promiscuous irregularities of confice until 163S, being duct, both otficial and personal. From the pages of De Laet, the historian of the West Indiaof ComNew pany, we obtain an interesting statement of the fiscal affairs Netherland to the close of Minuifs directorship-- that is, to the end of the first term of organized government. The total exports of the Province of New Netherland from its foundation to the beginning of 1G33 amounted in value to 454,127 florins. The value of the imports during the same time was 272,817 florins. Thus for the nine years the company realized a profit on trade transactions of 181,2S0 florins, or about $S,000 annually. This was an exceedingly trifling return on a capitalization of nearly three millions of dollars, and it is no wonder that the practical-minded merchants who controlled the company began to look in a decidedly pessimistic spirit at the whole New Netherland undertaking, and as time went by conceived a fixed indifference to the local welfare of such barren and unprofitable settlements. On the other hand, the company was earning magnificent sums in prize money from its captures of the enemy's merchant ships, and was drawing handsome revenues from the newly conquered dominions in South America and the West Indies.