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In this second attempt the marchants of Exeter, and other places of the West became aduenturers in the action, so that being sufficiently furnished for sixe moneths, and hauing direction to search these straights, vntill we found the same to fall into another sea vpon the West side of this part of America, we should againe returne: for then it was not to be doubted, but shipping with trade might safely be conueied to China, and the parts of Asia.

So alwayes, as the same orders, constitutions and ordinances be not repugnant or contrary to the lawes, statutes, and customes of this Realme of England, nor any penaltie to exceede the reasonable forme of other penalties, assessed by the Company of our Marchants, named Aduenturers.

And amongst many honourable minds which fauoured his honest and commendable enterprise, he was specially bound and beholding to the right honourable Ambrose Dudley earle of Warwicke, whose fauourable minde and good disposition hath alwayes bene ready to countenance and aduance all honest actions with the authours and executors of the same: and so by meanes of my lord his honourable countenance he receiued some comfort of his cause, and by litle and litle, with no small expense and paine brought his cause to some perfection and had drawen together so many aduenturers and such summes of money as might well defray a reasonable charge to furnish himselfe to sea withall.

And it fortuned a gentlewoman one of the aduenturers wiues to haue a piece thereof, which by chance she threw and burned in the fire, so long, that at the length being taken forth, and quenched in a little vinegar, it glistened with a bright marquesset of golde.

For his shippes which were in numbre 14 or 15, those two of her Maiesties, the Garland and the Foresight were the chiefest; the rest either his owne or his good friends or aduenturers of London.

A letter of M. Iohn Lok to the worshipfull company of Marchants aduenturers for Guinie, written 1561, shewing reasons for his not proceeding in a voyage then intended to the foresayd countrey.

And to conclude this argument withall, it is well knowen to all men of sound iudgement, that this voyage is of greater importance, and will be found more beneficiall to our countrey, then all other voyages at this day in vse and trade amongst vs. The fift chapter sheweth, that the trading and planting in those countreis is likely to proue to the particular profit of all aduenturers.

Did there not vpon the first thinking of the iourney diuers gallant Courtiers put in their names for aduenturers to the summe of 10000 li. who seeing it went forward in good earnest, aduised themselues better, and laid the want of so much money vpon the iourney?

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 honorable 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.

First, that they who shall disbursse their money for the first preparation shall be named Aduenturers, and shall haue the one halfe of all such landes, territories, townes, mines of gold and siluer, and other metals whatsoeuer, as shall bee found, gotten, obtained, as conquered by this discouery: yeelding to her Maiestie the fift part of all such gold and siluer, as shall happen to be had out of any mines that so shall be found.