Historians James and Michelle Nevius revisited the issue in 2014, suggesting that using the prices of beer and brandy as monetary equivalencies, the price Minuit paid would have the purchasing power of somewhere between ,600 and ,600 in current dollars.According to the writer Nathaniel Benchley, Minuit conducted the transaction with Seyseys, chief of the Canarsees, who were willing to accept valuable merchandise in exchange for the island that was mostly controlled by the Weckquaesgeeks.The city, greatly damaged by the Great Fire of New York during the campaign, became the British military and political center of operations in North America for the remainder of the war.From January 11, 1785, to the fall of 1788, New York City was the fifth of five capitals of the United States under the Articles of Confederation, with the Continental Congress meeting at New York City Hall (then at Fraunces Tavern).
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A 1610 map depicts the name as Manna-hata, twice, on both the west and east sides of the Mauritius River (later named the Hudson River).
The word "Manhattan" has been translated as "island of many hills" from the Lenape language.
According to a letter by Pieter Janszoon Schagen, Peter Minuit and Dutch colonists acquired Manhattan on May 24, 1626, from unnamed Native American people, who are believed to have been Canarsee Indians of the Lenape, often said to be worth US.
The figure of 60 guilders comes from a letter by a representative of the Dutch Estates General and member of the board of the Dutch West India Company, Pieter Janszoon Schagen, to the Estates General in November 1626.