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Our trade into Muscovye ys the laste, which was so chardgeable in the begynnynge, what with the coste of the discoverie, what with presentes to the Emperour, together with the disorderly dealinge of their factors, that it stoode them in fourscore thousande poundes before they broughte it to any goodd passe.

Euery newe enterprise is in the begynnyinge burdenous, chardgeable, and heavie, and moste comonly hath many greate enemies; which is the cause that many goodd men, much affected to their contrie in wittie excellent enterprises, sincke and fainte under their burden.

Besides this, such as by any kinde of infirmitie cannot passe the seas thither, and now are chardgeable to the realme at home, by this voyadge shal be made profitable members, by employinge them in England in makinge of a thousande triflinge thinges, which will be very goodd marchandize for those contries where wee shall have moste ample vente thereof.

By makinge of shippes and by preparinge of thinges for the same, by makinge of cables and cordage, by plantinge of vines and olive trees, and by makinge of wyne and oyle, by husbandrie, and by thousandes of thinges there to be don, infinite nombers of the English nation may be set on worke, to the unburdenynge of the realme with many that nowe lyve chardgeable to the state at home.