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The which traffique the said societie being eftsoones desirous to renew to the weale and commoditie of both our dominions they haue now sent into Persia their factors and Agents Arthur Edwards, William Turnbull, Matthew Tailbois, Peter Gerrard merchants, with their associats, whom we beseech your inuincible maiesty to entertaine with that fauour wherewith your father did imbrace Tho.

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 the company thought it good to inhabite that countrie, because it was in a temperat climate: And that if it were inhabited, al the shippes of New Spaine, of Peru, Santa Martha, and Tierra firme in their returne for Spaine, might well touch there: because it was in their way; and because it was a good countrie, and sited fit to raise commoditie.

But note, that this waie of openyng the first bande, for to give place to the seconde, cannot bee used, but when a man is superiour to his enemie: for that then there is commoditie to bee able to dooe it, as Scipio was able: but beyng under, and repulced, it cannot be doen, but with thy manifest ruine: and therefore it is convenient to have behinde, orders that maie receive thee, but let us tourne to our reasonyng.

A fourth chiefe commoditie wee may account to be the great number of Mulberrie trees, apt to feede Silke-wormes to make silke: whereof there was such plentie in many places, that, though they found some hempe in the countrie, the Spaniards made ropes of the barks of them for their brigandines, when they were to put to sea for Noua Hispania.