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And since the first time of their traffiking in thy Maiesties dominions, which is now nineteene yeres, the said merchants haue bene, and are alwayes ready and willing truely to serue thy highnesse of all things meete for thy Treasurie, in time of peace and of warre in despite of all thy enemies: although the Princes of the East Seas were agreed to stoppe the sound, and the way to the Narue, and haue brought, and do bring from time to time such commoditie to thee, Lord, as her Maiestie doeth not suffer to be transported foorth of her Realme to no other prince of the world.

All this while Thomas Dassel was with our great pinnesse at the towne of Ioala, being in the kingdome of king Iocoel Lamiockeric, traffiking with the Spaniards and Portugals there. And the forenamed Pedro Gonsalues, which came out of England, was there also with other English marchants about the busines of Rich.

9 Also that it would please his highnesse to grant, that sir William Garrard with his companie may establish their trade for merchandise at Colmogro in Dwina, and that such wares as shal be brought out of our Countrey fit for his treasurie might be looked vpon, and receiued by his officers there: and that his Maiesties people traffiking with our merchants may bring downe their commodities to the saide Colmogro, by meanes whereof the saide English merchants auoyding great troubles and charges, in transporting their goods so farre, and into so many places of his dominions, may sell the same better cheape, to the benefite of his Maiesties subiects.

And furthermore we of our ample and aboundant grace, meere motion, and certaine knowledge haue graunted, and by these presents for vs our heyres and successours doe graunt vnto the said Gouernours and companie of marchantes of the Leuant, that they and such onely as be and shall be of that companie, shall for the sayd terme of twelue yeeres haue, vse, and enioy the whole and onely trade and traffike, and the whole entire and onely libertie, vse, and priuilege of trading and traffiking, and vsing feate of marchandise by and through the Leuant seas otherwise called the Mediterran seas into and from the sayd dominions of the Grand Signor, and dominions of the state of Venice; and by and through the sayd Grand Signors dominions to and from such other places in the East Indies discouered as aforesayd.