Knickerbocker's History of New York Vol. 2 Book V Chapter II

In which the resolute Peter assumes control with a firm hand, discarding the meddlesome council of old and installing a more lethargic but loyal assembly, whilst reshaping the customs and institutions of New Amsterdam with a blend of severity and sagacity. His strict reforms, especially the banishment of wampum as currency, provoke great consternation among merchants and citizens alike, heralding a new era where genuine silver and gold reclaim their place amid lively debates and curious Yankee contrivances.