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For here there is a greate hope, the contrie beinge as bigge as all Europe, and nothinge in frutefulnes inferior to yt, as I have proved before at large in the thirde chapiter, that wee shall have twoo fleetes as bigge as those of the Kinge of Spaine to his West Indies, imployed twise in the yere at the leaste, especially after our fortifienge in the contrie, the certene place of our factory beinge there established; whereby yt muste nedes come to passe that our navye shalbe mightely increased and mayneteyned, which will not onely be a chefe strengthe and suertie in tyme of warres, as well to offende as defende, but will also be the mayneteynaunce of many masters, maryners, and seamen, whereby they their wyves, and children, shall have their lyvinges, and many cities, townes, villages, havens, and creeks nere adjoyninge unto the sea coaste, and the Queenes subjectes, as brewers, bowchers, smithes, ropers, shipwrights, tailors, shoemakers, and other victuallers and handicraftes men, inhabitinge and dwellinge nere thereaboutes, shall also have by the same greate parte of their lyvinge.

In the Statutes moste providently ordeyned for increase and maineteynaunce of our navigation in the Raignes of Kinge Richarde the Seconde, Kinge Henry the Seaventh, Kinge Henry the Eighth, and her Majestie that nowe ys, thoughe many and sundry rewardes were proposed to encourage our people unto the sea, yet still I fynde complaintes of decaye of the navye, notwithstanding so many goodly priviledges to mayneteine fisshermen, the ordeyninge of Wendisday to be a newe fishe day for the better utteraunce of their fishe that they shoulne take at sea, yea, albeit there hath bene graunted a certene proportionable allowaunce oute of the exchequer to suche as woulde builde any shippes of burden to serve the prince in tyme of warr, yet very little hath bene done in that behalfe.