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At Yeraslaue we passed the riuer of Volga, more than a mile ouer. This riuer taketh his beginning at Beal Ozera, and descendeth into Mare Caspium, portable thorow of very great vessels with flat bottomes, which farre passe any that our countrey vseth.

And for that the sayde companie are like continually to bring into this our Realme a much greater quantitie of forren commodities from the forren Countreyes, places, or territories aforesaide, then here can be spent for the necessarie vse of the same, which of necessitie must be transported into other countreyes, and there vented, we for vs, our heires and successors of our speciall grace, certaine knowledge, and meere motion doe graunt to and with the sayd Gouernour and companie that at all times from time to time during the space of thirteene moneths next after the discharge of any the sayde goods so brought in, and the subsidies, pondage, customes and other duties for the same being before hande payde or compounded for as aforesayd, it shall be lawfull for them or any of them or any other person or persons whatsoeuer being naturall subiects of the Realme which may or shall buy the same of them or any of them to transport the same in English bottomes freely out of this Realme without payment of any further custome, pondage, or other subsidie to vs, our heires or successors for the same, whereof the sayde subsidies, pondage, or customes or other duties shall be so formerly payde and compounded for, as aforesayd, and so proued.

In the riuer of Waten he caused 70. ships with flat bottomes to be built, euery one of which should serue to cary 30. horses, hauing eche of them bridges likewise for the horses to come on boord, or to goe foorth on land. Of the same fashion he had prouided 200. other vessels at Nieuport, but not so great.