In this scene, Pocahontas is traded by her tribe to the Jamestown colony in return for European metalware. As result of this, she will go on to marry John Rolfe and bring about the Peace of Pocahontas.
In this scene, the native Powhatan fight the Jamestown settlers. In reality, the Anglo-Powhatan Wars were fought between these parties for a number of years. The clip also illustrates how the European settlers denigrated the Native Americans' beliefs.