 The treaty stipulated that New York—formerly New Netherland—would henceforth be an English possession and that Suriname, captured by the Dutch in 1667, would remain their colony, confirming the status quo of 1667.An "indemnity" of two million guilders was to be paid by the Dutch.Eventually, William would force Charles to set off these indemnities against the debts he owed to the House of Orange, so the English king actually received very little.