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in 1575 as a reward for their heroic defense. The end of the siege is still celebrated in Leiden on October 3 each year. According to tradition, the citizens of Leiden were offered the choice between a university and a certain exemption from taxes and chose the university. The siege is notable also for being the first instance in Europe of the issuance of paper money, with paper taken from prayer books being stamped using coin dies when silver ran out.Leiden is known as the place where the Pilgrims

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