USA HISTORY

Detailed explanation-1: -A patroon was a person who brought 50 settlers to New Netherland. As a reward, a patroon received a large land grant. He also received hunting, fishing, and fur trading privileges. The patroon system brought great wealth to the colony’s elite.

Detailed explanation-2: -Stephen van Rensselaer III, the Last Patroon (1764-1839) With assets at his death worth approximately $10, 000, 000, or 1/65 of the nation’s Gross Domestic Product, Fortune magazine listed Stephen III as the tenth richest American of all-time.

Detailed explanation-3: -They created the Patroon system in 1629, which granted large tracts of land to investors who could successfully settle fifty colonists within four years at the investors’ expense. The patroon system eventually led to the successful settlement of New Netherland Colony.

Detailed explanation-4: -The patroon was required to give a five percent duty on exports to the West India Company. Some tenants were actually “bonded” to their patroons and could not move to a different estate or town. This effectively gave the patroon “feudal” rights over the colonists.

Detailed explanation-5: -Patroons, often the wealthiest and most influential residents of New Netherland, procured and exploited slaves in almost every part of the colony, although a majority of the slave population remained near New Amsterdam, and farther north, were centered around Fort Orange (Albany, NY) and Rensselaerswijck.