Captain Cook's first encounter with Maori is described in only two places - the journals of Cook and Sir Joseph Banks, the naturalist aboard Cook's ship. The two accounts are very similar, Cook's in particular being quite detailed and candid.
Despite this, historian Michael King makes changes and puts his own spin on the incident when describing it in his book. King has a habit of changing history, for example despite Dutch settlers, customs and culture having a large impact and contribution in the development of this country, King only mentions the Dutch in one paragraph of his entire book! It is little wonder that Peter Dey has such baseless beliefs if he looks to King for guidance as he states.
The fisheries ‘settlement' alone transferred over a $billion in assets to Maori. Some tribes have received half a $billion in forestry assets as just a part of their ‘settlements' and these are not one off payments - they continue to bleed income endlessly from the remainder of the population.
There are scores more payments, many like Nga Tahu and Tainui for hundreds of $millions each. It doesn't take a calculator to see that even before exclusive funding for issues like education, health, ‘culture' etc are included that these are rapidly climbing and already total many $billions, not the farcial $1 billion that Dey clings hopelessly to.

Mike Kuipers von Lande, Mount Maunganui.