That, in brief, it had been proposed and as it were concluded in the Conference, that in case people enough were sent from this country thither, all the products that come at present from the Baltic, masts inclusive, could be found and raised in New Netherland. That all the lands the Company possess there had been purchased from the Indians or Inhabitants, under proper and voluntary conveyance executed before the Supreme Magistrates there, according to the Deeds thereof remaining with them, so that they owned those lands justo titulo, both as regards the aforesaid Indians and all other circumjacent Europeans. That, also, the administration of New Netherland, as far as the possessions of the West India Company and the alienation thereof are concerned, was, with the knowledge and approbation of their High Mightinesses, fully and specially assigned, to wit, by the Assembly of the 19, to the Chamber at Amsterdam, which might properly resolve to sell a parcel of land to the City.

The Council having heard the aforesaid report and judging it highly expedient to promote the trade in New Netherland, in the present conjuncture, in order not to be always dependent exclusively on the Baltic, authorizes the Burgomasters and Treasurers to negotiate with the To bay some land Said Dircctors of this Chamber for the purchase of a certain tract of Land in New in New Netneriand. Netherland whercof the Company is lawfully possessed titulo emjjtionis, and the agreement respecting the same being made, to bring it into this Assembly; further, to dispose thereof, and to appoint Commissioners from themselves, to manage and to improve that country with requisite Colonies and whatever is demanded for the encouragement of commerce.