Where did the phrase Indian giver derive from?
Indian giver derives from the alleged practice of American Indians of taking back gifts from white settlers. It is more likely that the settlers wrongly interpreted the Indians’ loans to them as gifts. This term, which is certainly American, may have been coined to denigrate of the native race. Historians would now agree that, where deceit was concerned, it was the settlers who were the front runners. It isn’t uncommon, and it could be argued that it is customary, for the conquering race to attempt to justify their invasion by dismissing the conquered as dishonest and stupid http://www.phrases.org.uk/meanings/202850.