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The substaunces servinge, wee may oute of those partes receave the masse of wrought wares that now wee receave out of Fraunce, Flaunders, Germanye, &c.: and so wee may daunte the pride of some enemies of this realme, or at the leaste in parte purchase those wares, that nowe wee buye derely of the Frenche and Flemynge, better cheape; and in the ende, for the part that this realme was wonte to receave, dryve them out of trade to idlenes for the settinge of our people on worke.

Thei sette asmuche by truthe alone, as by all other vertues together. Age hath there no prerogatiue, except thei winne it with their wisedome, and knowledge. Thei haue many wiues, whiche thei vse to buye of their parentes for a yoke of Oxen. Some to serve them as their vndrelynges, and some for pleasure, and issue.

When their maidens came to be mariageable, thei ware from yere to yere, brought foorthe into the Marquette, for suche as would buye them to be their wiues.

The knitt wollen cappe of Toledo in Spaine, called bonetto rugio colterado, so infinitely solde to the Moores in Barbarie and Affricke, is to be prepared in London, Hereforde, and Rosse, and to be vented to the people, and may become a notable trade of gaine to the marchaunte, and a greate reliefe to oure poore people and a sale of our woll and of our labour; and beinge suche a cappe that every particular person will buye and may easelie compasse, the sale wil be greate in shorte time, especially if our people weare them at their first arryvall there.

But to buye of the punishmente for money or fauour, that thought thei to be the very confusion of the commune welfare. All these had their liuynges of the kyng: but the Chauncellour more honorably then the rest. He bare alwaie about his necke a tablette, hangyng on a chaine of golde, and sette full of sundrie precious stones, whiche thei called Veritie and Truthe.

By the greate plentie of those regions the marchantes and their factors shall lye there cheape, buye and repaire their shippes cheape, and shall returne at pleasure withoute staye or restrainte of forreine prince; whereas upon staies and restraintes the marchaunte raiseth his chardge in sale over his ware; and, buyenge his wares cheape, he may mainteine trade with smalle stocke, and withoute takinge upp money upon interest; and so he shalbe riche and not subjecte to many hazardes, but shalbe able to afforde the comodities for cheape prices to all subjectes of the realme.