History of the Great American Fortunes, Vol. I: Conditions in Settlement and Colonial Times — John Shaqi
History of the Great American Fortunes, Vol. I: Conditions in Settlement and Colonial TimesMyers, Gustavus
History
History of the Great American Fortunes, Vol. I: Conditions in Settlement and Colonial Times
Myers, Gustavus
United States -- Economic conditions; Wealth -- United States
In its intense aim to settle New Netherlands and make use of its
resources, Holland, through the States General, offered extraordinary
inducements to promoters of colonization. The prospect of immense
estates, with feudal rights and privileges, was held out as the alluring
incentive. The bill of Freedoms and Exemptions of 1629 made easy the
possibility of becoming a lord of the soil with comprehensive
possessions and powers. Any man who should succeed in planting a colony
of fifty "souls," each of whom was to be more than fifteen years old,
was to become at once a patroon with all the rights of lordship. He was
permitted to own sixteen miles along shore or on one side of a navigable
river. An alternative was given of the ownership of eight miles on one
side of a river and as far into the interior "as the situation of the
occupiers will permit." The title was vested in the patroon forever, and
he was presented with a monopoly of the resources of his domain except
furs and pelts. No patroon or other colonist was allowed to make woolen,
linen, cotton or cloth of any material under pain of banishment.[1]
These restrictions were in the interest of the Dutch West India Company,
a commercial corporation which had well-nigh dictatorial powers. A
complete monopoly throughout the whole of its subject territory, it was
armed with sweeping powers, a formidable equipment, and had a great
prestige. It was somewhat of a cross between legalized piracy and a body
of adroit colonization promoters. Pillage and butchery were often its
auxiliaries, although in these respects it in nowise equalled its twin
corporation, the Dutch East India Company, whose exploitation of
Holland's Asiatic possessions was a long record of horrors.
THE DUTCH WEST INDIA COMPANY.
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