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And this once plainely founde and noted in England, what noble man, what gentleman, what marchante, what citezen or contryman, will not offer of himselfe to contribute and joyne in the action, forseeinge that the same tendeth to the ample vent of our clothes, to the purchasinge of riche comodities, to the plantinge of younger brethren, to the employment of our idle people, and to so many noble endes?
Thus is wilfull perjurye permitted by the governours if they knowe it. Thus the covetous marchante wilfully sendeth headlonge to hell from day to day the poore subjectes of this realme. The marchant in England cometh here devoutly to the communyon, and sendeth his sonne into Spaine to here masse.
His genealogy begins with those 'taylours' who, in the nineteenth year of Henry VII, 'sewyd the Kynge to be callyd Marchante Taylours' evidently earning the disfavor of their neighbors, for a 'grete grudge rose among dyuers other craftys in the cyte against them. Very soon, I fancy, these Marchante Taylours began to pride themselves on the straightness of their legs, and let subordinate craftsmen stretch their sartorius muscles.
In the year 1560 Queen Elizabeth granted the traders of Exeter a charter of privileges, and letters patent were issued forming them into a company under the name of a "Socitie of Marchante Adventurers of the citie of Exeter". The possession of the charter induced the citizens to commence the spirited undertaking of cutting a canal to Topsham, a work that was begun in 1564, and which constitutes one of the earliest examples of canal navigation in the country.
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