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I hope this trauell wil prooue profitable to the Aduenturers and generally beneficiall to the whole realme: herein I pray you conferre with these bearers M. Richard Hackluyt, and M. Thomas Steuenton, to whome I referre you: And so bid you heertily farewell. Richmond the 11. of March. 1582. Your louing Friend, FRANCIS WALSINGHAM.

And her reposing and resting my selfe vpon this sweete hope, I cease, beseeching the Almightie to blesse this good work in your hands to the honour and glorie of his most holy name, to the inlargement of the dominions of his sacred Majestie, and to the generall good of all the worthie Aduenturers and vndertakers. From my lodging in the Colledge of Westminster this 15. of Aprill, 1609.

The setting forth of this action was committed by the aduenturers, especially to the care of M. William Sanderson Marchant of London, who was so forward therein, that besides his trauaile which was not small, he became the greatest aduenturer with his purse, and commended vnto the rest of the companie one M. Iohn Davis, a man very well grounded in the principles of the Arte of Nauigation, for Captaine and chiefe Pilot of this exployt.

Which reports haue not done a little wrong to many that otherwise would haue also fauoured and aduentured in the action, to the honour and benefit of our nation, besides the particular profit and credit which would redound to themselues the dealers therein, as I hope by the sequel of euents, to the shame of those that haue auouched the contrary, shall be manifest, if you the aduenturers, fauourers, and welwillers doe but either increase in number, or in opinion continue, or hauing beene doubtfull, renew your good liking and furtherance to deale therein according to the woorthinesse thereof already found, and as you shall vnderstand hereafter to be requisite.

Lastly, it did ebbe and flow sixe or seuen fadome vp and downe, the flood comming from diuers parts, so as we could not perceiue the chiefe maintenance thereof. The 18 and 19 our Captaine and Master determined what was best to doe, both for the safegard of their credits, and satisfying of the aduenturers, and resolued, if the weather brake vp, to make further search.

That no person shall hereafter aduenture in this discouerie as Aduenturers for the profits mentioned in the first Articles, but such onely as doe disbursse their money in the first preparation: and they shall not aduenture hereafter any greater summe, then ratably according to their proportion of this their first aduenture.

Thus I beseech God almightie to blesse you, and prosper your voyage with good and happie successe, and send you safely to returne home againe, to the great ioy and reioycing of the aduenturers with you, and all your friends and our whole countrey, Amen. Certaine briefe aduises giuen by Master Dee, to Arthur Pet, and Charles Iackman, to bee obserued in their Northeasterne discouerie, Anno 1580.

The next yere, although diuers of the aduenturers fell from the Action, as all the Westerne marchants, and most of those in London: yet some of the aduenturers both honourable and worshipfull continued their willing fauour and charge, so that by this meanes the next yere two shippes were appointed for the fishing and one pinnesse for the discouerie.

Now for the triall hereof, considering that in the articles of the societie of the aduenturers in this voyage, there is prouision made, that no aduenturer shall be bound to any further charge then his first aduenture: and yet notwithstanding keepe still to himselfe his children, his apprentises and seruants, his and their freedome for trade and traffique, which is a priuiledge that aduenturers in other voyages haue not: and in the said articles it is likewise prouided, that none other then such as haue aduentured in the first voyage, or shal become aduenturers in this supply, at any time hereafter are to be admitted in the said society, but as redemptionaries, which will be very chargeable: therefore generally I say vnto all such according to the olde prouerbe, Nothing venture, nothing haue.

Tharmie roialle hath about two hundred thousande armed menne, beside a greate rable of footemen aduenturers, that take no wages, and suche other as be called out of Garrisons.