Why did the dutch settle new amsterdam

The settlement was to be called New Amsterdam, and it would serve as headquarters of New Netherland, which stretched from New England to Virginia. The Dutch had claimed the vast territory — a claim the English refused to recognize — after Henry Hudson in 1609 sailed the Half Moon up the river that would bear his name.

Explanation:

for hobos it was a very hard time most hid on the sides of the railroad tracks causing people to get bulls and get them off sometimes causing in fatal death they couldnt get people to give them money because the   people were also in need of money