File:The magazine of American history with notes and queries (1877) (14784409142).jpg

Identifier: magazineofamericv11stev (find matches)
Title: The magazine of American history with notes and queries
Year: 1877 (1870s)
Authors: Stevens, John Austin, 1827-1910. ed. cn DeCosta, B. F. (Benjamin Franklin), 1831-1904. ed. cn Johnston, Henry Phelps, 1842-1923, ed. cn Lamb, Martha J. (Martha Joanna), 1829-1893. ed. cn Pond, Nathan Gillett, 1832-1894 ed Abbatt, William, 1851-1935, comp
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Publisher: New York : A.S. Barnes
Contributing Library: Allen County Public Library Genealogy Center
Digitizing Sponsor: Internet Archive

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ireconfidence of the nation. One of these was Kilian Van Rensselaer, thefounder of the Van Rensselaer manor, whose name has been handed alongthrough every generation of men who have since had their day in NewYork and contributed to its progress, and is interwoven with all that is his-torical in city and state. The capital of the company was some two and one half million dollars.It received the sanction of the States-General June 21, 1623, and at onceproceeded to strike out boldly. Its fleets presently numbered as many asseventy armed vessels each. Its victories were intoxicating. Spain was hu-miliated by the spectacle. Her vessels, treasure laden, could no longer crossthe ocean with safety. In one year the company divided fifty per cent,among its shareholders, and another year seventy-five per cent. To theoriginal capital was added five millions of dollars, almost without an effort.Spanish prizes were captured of enormous value, notably the silver fleet, of IO THE VAX RENSSELAER MANOR
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THE VAN RENSSELAER MANOR I I nineteen ships, laden with 140,000 lbs. of pure silver ! Holland ran wildwith excitement when the victors returned, and the admiral who com-manded was introduced into the august presence of the States-General,and received the public thanks of the nation. The annals of Hollandrecord with pride those early marvelous successes of this famous corpora-tion, through which her maritime superiority over Spain was establishedfor all time. But when the stimulus of war ceased the reaction was disastrous. Thecompany lacked the essential elements for founding colonies or commerce.The affairs of New York received only such attention as the actuallanguage of the contract compelled. The Amsterdam chamber wasintrusted with the duty of beginning settlements on our soil, and went sofar as to send over a few inhabitants, bought Manhattan Island for a greatcommercial capital, and erected the indefinite stretch of territory along theHudson, and inland to the Pacific Ocean, into

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