THE FUR TRADE.--Important as these discoveries were, they interested the Dutch far less than the prospect of a rich fur trade with the Indians, and in a few years Dutch traders had four little houses on Manhattan Island, and a little fort not far from the site of Albany. From it buyers went out among the Mohawk Indians and returned laden with the skins of beavers and other valuable furs; and to the fort by and by the Indians came to trade. So valuable was this traffic that those engaged in it formed a company, obtained from the Dutch government a charter, and for three years (1615- 18) enjoyed a monopoly of the fur trade from the Delaware to the Hudson. THE DUTCH WEST INDIA COMPANY.--When the three years expired the charter was not renewed; but a new association called the Dutch West India Company was chartered (1621) and given great political and commercial power over New Netherland, as the Dutch possessions in North America were now called. More settlers were sent out (in 1623), some to Fort Orange on the site of Albany, some to Fort Nassau on the South or Delaware River, some to the Fresh or Connecticut River, some to Long Island, and some to Manhattan Island, where they founded the town of New Amsterdam. [Illustration: DUTCH MERCHANT (1620).] THE PATROONS.--All the little Dutch settlements were forts or strong buildings surrounded by palisades, and were centers of the fur trade. Very little farming was done. In order to encourage farming, the West India Company (in 1629) offered an immense tract of land to any member of the company who should take out a colony of fifty families. The estate of a Patroon, as such a man was called, was to extend sixteen miles along one bank or eight miles along both banks of a river, and back almost any distance into the country. [3] A number of these patroonships were established on the Hudson. THE DUTCH ON THE CONNECTICUT.--The first attempt (in 1623) of the Dutch to build a fort on the Connecticut failed; for the company could not spare enough men to hold the valley. But later the Dutch returned, nailed the arms of Holland to a tree at the mouth of the river in token of ownership, and (1633) built Fort Good Hope where Hartford now stands. When the Indians informed the English of this, the governor of Massachusetts bade the Dutch begone; and when they would not go, built a fort higher up the river at Windsor (1633), and another (1635) at Saybrook at the river's mouth, so as to cut them off from New Amsterdam. The English colony of Connecticut was now established in the valley; but twenty years passed before Fort Good Hope was taken from the Dutch.