The affairs of the colony having become sufficiently important to require the presence of a director-general, Peter Minuits, of Westphalia, was appointed in 1624, and immediately assumed the reins of government. To conciliate the Indians he purchased the entire island of Manhattan for twenty-four dollars. The Governor established his residence in the block-house, around which he erected strong palisades The imports into the colony in 1624 amounted to $10,654, and the exports; wholly of skins and furs, amounted to $11,000. In 1631, the last year of his administration, the imports were $23,000, and the exports $27,204. During the administration of Minuits the rival claims to territory between the English and the Dutch were started, but no adjustment was reached. Minuits, having been recalled by the company, was in April, 1633, succeeded by Wouter Van Twiller.