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In 1626, Peter Minuit, the Governor of the Dutch colonies in the New World, purchased the island of Manhattan from the Native American tribe of the Lenape for 60 Dutch guilders. This event, known as the Purchase of Manhattan, marked the beginning of Dutch colonization of the area we now know as New York City. The Purchase of Manhattan remains a controversial and debated event, with some questioning the legality of the transaction. Nevertheless, it remains an important event in American history.
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