[Frederic Shonnard & W.W. Spooner (1900)] the' interests of the company. One result of the controversy was the recall of Minuit, who was supposed to have shown too much partiality for the patroons and too little zeal for the protection of the company against their personal enterprises. This happened in 1633. The next director-general was Walter Van Twiller, who remained m of-fice until 163S, being dismissed for promiscuous irregularities of con-duct, both otficial and personal. From the pages of De Laet, the historian of the West India Com-pany, we obtain an interesting statement of the fiscal affairs of New Netherland to the close of Minuifs directorship— that is, to the end of the first term of organized government. The total exports of the Province of New Netherland from its foundation to the beginning of 1G33 amounted in value to 454,127 florins. The value of the imports during the same time was 272,817 florins. Thus for the nine years the company realized a profit on trade transactions of 181,2S0 florins, or about $S,000 annually. This was an exceedingly trifling return on a capitalization of nearly three millions of dollars, and it is no wonder that the practical-minded merchants who controlled the com-pany began to look in a decidedly pessimistic spirit at the whole New Netherland undertaking, and as time went by conceived a fixed indif-ference to the local welfare of such barren and unprofitable settle-ments.