Tag: Peter Minuit

AUGUST 9, 1639: TIPTOE THROUGH THE BOROUGHS

Posted on by Richard Daybell

Jonas Bronck was the Norwegian son of a Lutheran minister born sometime around 1600. Or he was a Swedish sailor in the Danish Merchant Marine. Or a Dutch Mennonite who fled the Netherlands because of religious persecution. Or German.

In any event, he was an immigrant to the Dutch colony of New Netherland during a time when the greetings-bronxDutch were trying to increase its colonial population by relocating folks who had gone broke during the bursting of the tulip mania bubble in 1637. The English, who didn’t give a whit about tulips, were copulating and populating the New World like so many limey rabbits, and the Dutch were urged to get out of those wooden shoes and get with it.

Thus, Jonas Bronck arrived in New Netherland in 1639 aboard a ship ostentatiously named The Fire of Troy, whereupon he purchased himself a large tract of land from the local Lenape tribe for 400 beads. (You will remember that Dutch wheeler-dealer, Peter Minuit, who snapped up Manhattan for 26 bucks.)

Bronck’s 500 acres was just across the river from the village of Harlem, an easy commute to the Apollo Theater even then. Although Bronck traded with the locals, relations were not good, thanks to the Dutch practice of frequently murdering large numbers of them. Eventually, the they told Bronck to take his 400 beads and shove them, then killed him to reinforce the point.

Eventually, those populating English took over the Dutch lands. Jonas Bronck might have been completely forgotten, but for the river that retained Bronck’s name, mangled a bit to become the Bronx River. By extension, the land around it became The Bronx (and living there known as Bronxitis). This is fortunate, for the original Lenape name was Rananchqua.

We’ll have Manhattan, Rananchqua and Staten Island, too?

MAY 24, 1626: FOR TWO GUILDERS MORE, WE’LL THROW IN QUEENS

Posted on by Richard Daybell

In what is often called the greatest real estate deal ever, Peter Minuit bought Manhattan from native Americans on May 24, 1626, for goods valued at 60 guilders. Popular history identifies these goods as baubles, bangles and bright shiny beads (celebrated in song by Alexander Borodin in his String Quartet in D, routinely hummed on special Dutch occasions, since the words were not written until 1953 for the musical Kismet which in Dutch means “we could have bought the Brooklyn Bridge for a wedge of cheese had it been built.”)

 

The actual figure of 60 guilders was determined in the seventeenth century using a Dutch version of Generally Recognized Accounting Practices (GRAP) – known back then as Chicanery (C). In 1846, a New York historian converted this figure to dollars and came up with an amount of $24. Since then, people have regularly tried to update the $24 amount to today’s dollars. But as Edwin G. Burrows and Mike Wallace pointed out in their history of New York,”[A] variable-rate myth being a contradiction in terms, the purchase price remains forever frozen at twenty-four dollars.” Nevertheless people continue to point out what those baubles were worth in today’s dollars, euros or guilders. All the results are rather boring.

 

The transaction is often viewed as one-sided and beneficial to the Dutch, although some evidence suggests that Minuit actually purchased the island from a traveling beaver hide salesman who happened to be passing through and who had never heard of, let alone owned, Manhattan. At about the same time, Minuit was involved in another land purchase, that of Staten Island, for much more mundane goods such as kettles and cloth and garden tools (hence the phrase “we’ll buy Manhattan, the Bronx and Staten Island too.”)

Strangely enough, the aforementioned Brooklyn Bridge (remember that?) was opened to traffic on this very day in 1883.  And a Dutch tourist bought it for 100 guilders from a New York cabbie who claimed to be a full-blooded Manhattan Indian.

 

 

 

 

MAY 24, 1626: FOR TWO GUILDERS MORE, WE’LL THROW IN QUEENS

Posted on by Richard Daybell

In what is often called the greatest real estate deal ever, Peter Minuit bought Manhattan from native Americans on May 24, 1626, for goods valued at 60 guilders. Popular history identifies these goods as baubles, bangles and bright shiny beads (celebrated in song by Alexander Borodin in his String Quartet in D, routinely hummed on special Dutch occasions, since the words were not written until 1953 for the musical Kismet which in Dutch means “we could have bought the Brooklyn Bridge for a wedge of cheese had it been built.”)

 

The actual figure of 60 guilders was determined in the seventeenth century using a Dutch version of Generally Recognized Accounting Practices (GRAP) – known back then as Chicanery (C). In 1846, a New York historian converted this figure to dollars and came up with an amount of $24. Since then, people have regularly tried to update the $24 amount to today’s dollars. But as Edwin G. Burrows and Mike Wallace pointed out in their history of New York,”[A] variable-rate myth being a contradiction in terms, the purchase price remains forever frozen at twenty-four dollars.” Nevertheless people continue to point out what those baubles were worth in today’s dollars, euros or guilders. All the results are rather boring.

 

The transaction is often viewed as one-sided and beneficial to the Dutch, although some evidence suggests that Minuit actually purchased the island from a traveling beaver hide salesman who happened to be passing through and who had never heard of, let alone owned, Manhattan. At about the same time, Minuit was involved in another land purchase, that of Staten Island, for much more mundane goods such as kettles and cloth and garden tools (hence the phrase “we’ll buy Manhattan, the Bronx and Staten Island too.”)

Strangely enough, the aforementioned Brooklyn Bridge (remember that?) was opened to traffic on this very day in 1883.  And a Dutch tourist bought it for 100 guilders from a New York cabbie who claimed to be a full-blooded Manhattan Indian.

 

 

 

 

AUGUST 9, 1639: TIPTOE THROUGH THE BOROUGHS

Posted on by Richard Daybell

Jonas Bronck was the Norwegian son of a Lutheran minister born sometime around 1600. Or he was a Swedish sailor in the Danish Merchant Marine. Or a Dutch Mennonite who fled the Netherlands because of religious persecution. Or German.

In any event, he was an immigrant to the Dutch colony of New Netherland during a time when the greetings-bronxDutch were trying to increase its colonial population by relocating folks who had gone broke during the bursting of the tulip mania bubble in 1637. The English, who didn’t give a whit about tulips, were copulating and populating the New World like so many limey rabbits, and the Dutch were urged to get out of those wooden shoes and get with it.

Thus, Jonas Bronck arrived in New Netherland in 1639 aboard a ship ostentatiously named The Fire of Troy, whereupon he purchased himself a large tract of land from the Lenape Indians for 400 beads. (You will remember that Dutch wheeler-dealer, Peter Minuit, who snapped up Manhattan for 26 bucks.)

Bronck’s 500 acres was just across the river from the village of Harlem, an easy commute to the Apollo Theater even then. Although Bronck traded with the local Indians, relations were not good, thanks to the Dutch practice of frequently murdering large numbers of Indians. Eventually, the Indians told Bronck to take his 400 beads and shove them, then killed him to reinforce the point.

Eventually, those populating English took over the Dutch lands. Jonas Bronck might have been completely forgotten, but for the river that retained Bronck’s name, mangled a bit to become the Bronx River. By extension, the land around it became The Bronx (and living there known as Bronxitis). This is fortunate, for the original Lenape name was Rananchqua.

We’ll have Manhattan, Rananchqua and Staten Island, too?

MAY 24, 1626: FOR TWO GUILDERS MORE, WE’LL THROW IN QUEENS

Posted on by Richard Daybell

In what is often called the greatest real estate deal ever, Peter Minuit bought Manhattan from native Americans on May 24, 1626, for goods valued at 60 guilders. Popular history identifies these goods as baubles, bangles and bright shiny beads (celebrated in song by Alexander Borodin in his String Quartet in D, routinely hummed on special Dutch occasions, since the words were not written until 1953 for the musical Kismet which in Dutch means “we could have bought the Brooklyn Bridge for a wedge of cheese had it been built.”)

 

The actual figure of 60 guilders was determined in the seventeenth century using a Dutch version of Generally Recognized Accounting Practices (GRAP) – known back then as Chicanery (C). In 1846, a New York historian converted this figure to dollars and came up with an amount of $24. Since then, people have regularly tried to update the $24 amount to today’s dollars. But as Edwin G. Burrows and Mike Wallace pointed out in their history of New York,”[A] variable-rate myth being a contradiction in terms, the purchase price remains forever frozen at twenty-four dollars.” Nevertheless people continue to point out what those baubles were worth in today’s dollars, euros or guilders. All the results are rather boring.

 

The transaction is often viewed as one-sided and beneficial to the Dutch, although some evidence suggests that Minuit actually purchased the island from a traveling beaver hide salesman who happened to be passing through and who had never heard of, let alone owned, Manhattan. At about the same time, Minuit was involved in another land purchase, that of Staten Island, for much more mundane goods such as kettles and cloth and garden tools (hence the phrase “we’ll buy Manhattan, the Bronx and Staten Island too.”)

Strangely enough, the aforementioned Brooklyn Bridge (remember that?) was opened to traffic on this very day in 1883.  And a Dutch tourist bought it for 100 guilders from a New York cabbie who claimed to be a full-blooded Manhattan Indian.