Americans school children have laughed at the Indians who sold Manhattan Island for more than three hundred years. “Those primitive savages sold this valuable real estate for only $24 worth of beads and trinkets.” Or so the story goes. But it’s Native Americans who should be laughing. In actuality, the Manahatta tribe sold half the island for 60 guilders (equivalent to $1,100 today). They definitely got cheated, except for the fact that the Manahatta did not own the territory. It was considered the land of another tribe. The Wappinger tribe made war on the Dutch for the next few years. Peter Minuit went down in history as a hero and great land purchaser, when actually he was duped. However, when the Dutch realized that, they did not demand their money back or return the land.
https://historycollection.co/19-american-history-myths-debunked/2/
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