THE DIRECTORS 53 According to this chronicler, every one in New Netherland who fills no public office is busy with his own affairs. One trades, one builds houses, another plants farms. Each farmer pastures the cows under his charge on the bouwerie of the Com- pany, which also owns the cattle; but the milk is the property of the farmer, who sells it to the settlers. "The houses of settlers," he says, "are now outside the fort; but when that is finished they will all remove within, in order to garrison it and be safe from sudden attack." One of Minuit's first acts as Director was the purchase of Manhattan Island, covering some twenty-two thousand acres, for merchandise valued at sixty guilders or twenty-four dollars. He thus secured the land at the rate of approxi- mately ten acres for one cent. A good bargain* Peter Minuit! The transaction was doubly effec- tive in placating the savages, or the wilden, as the settlers called them, and in establishing the Dutch claim as against the English by urging rights both of discovery and of purchase. In spite of the goodwill manifested by the natives, the settlers were constantly anxious lest some conspiracy might suddenly break out. Vaa Wassenaer, reporting the news from the colony as