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So shall wee be able to crye quittance with the King of Spaine if he shoulde goe aboute to make any generall arreste of our navye, or rather terrifie him from any such enterpryse, when he shall bethincke himself that his navye in Newfounde lande is no lesse in our daunger, then ours is in his domynions wheresoever. Chap.

This newe navie of mightie newe stronge shippes, so in trade to that Norumbega and to the coastes there, shall never be subjecte to arreste of any prince or potentate, as the navie of this realme from time to time hath bene in the portes of the empire, in the portes of the Base Contries, in Spaine, Fraunce, Portingale, &c., in the tymes of Charles the Emperour, Fraunces the Frenche kinge, and others: but shall be alwayes free from that bitter mischeefe, withoute grefe or hazarde to the marchaunte or to the state, and so alwaies readie at the comaundement of the prince with mariners, artillory, armor, and munition, ready to offende and defender as shalbe required.

Moreouer, he being our mortall enemye, and his empire of late beinge increased so mightely, and our necessitie of oiles and colours for our clothinge trade being so greate, he may arreste almoste the one halfe of our navye, our traficque and recourse being so greate to his domynions.

V. That this voyage will be a greate bridle to the Indies of the Kinge of Spaine, and a meane that wee may arreste at our pleasure for the space of tenne weeks or three monethes every yere one or twoo C. saile of his subjectes shippes at the fyshinge in Newfounde Land.