A treatise touching the East-Indian trade, or, A discourse (turned out of French into English) concerning the establishment of a French company for the commerce of the East-Indies to which are annexed the articles and conditions, whereupon the said company for the commerce of the East-Indies is established. Discours d'un fidèle sujet du Roy touchant l'establissement d'une Compagnie françoise pour le commerce des Indes Orientales. English Charpentier, M. (François), 1620-1702. 1664 Approx. 121 KB of XML-encoded text transcribed from 35 1-bit group-IV TIFF page images. Text Creation Partnership, Ann Arbor, MI ; Oxford (UK) : 2008-09 (EEBO-TCP Phase 1). A32727 Wing C3714 ESTC R13405 12097586 ocm 12097586 54004 This keyboarded and encoded edition of the work described above is co-owned by the institutions providing financial support to the Early English Books Online Text Creation Partnership. This Phase I text is available for reuse, according to the terms of Creative Commons 0 1.0 Universal . The text can be copied, modified, distributed and performed, even for commercial purposes, all without asking permission. Early English books online. (EEBO-TCP ; phase 1, no. A32727) Transcribed from: (Early English Books Online ; image set 54004) Images scanned from microfilm: (Early English books, 1641-1700 ; 863:60) A treatise touching the East-Indian trade, or, A discourse (turned out of French into English) concerning the establishment of a French company for the commerce of the East-Indies to which are annexed the articles and conditions, whereupon the said company for the commerce of the East-Indies is established. Discours d'un fidèle sujet du Roy touchant l'establissement d'une Compagnie françoise pour le commerce des Indes Orientales. English Charpentier, M. (François), 1620-1702. [6], 62 p. Printed by Thomas Mabb for Henry Brome ..., London : 1664. 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Understanding these processes should make clear that, while the overall quality of TCP data is very good, some errors will remain and some readable characters will be marked as illegible. Users should bear in mind that in all likelihood such instances will never have been looked at by a TCP editor. The texts were encoded and linked to page images in accordance with level 4 of the TEI in Libraries guidelines. Copies of the texts have been issued variously as SGML (TCP schema; ASCII text with mnemonic sdata character entities); displayable XML (TCP schema; characters represented either as UTF-8 Unicode or text strings within braces); or lossless XML (TEI P5, characters represented either as UTF-8 Unicode or TEI g elements). Keying and markup guidelines are available at the Text Creation Partnership web site . eng Compagnie des Indes orientales. France -- Commerce -- East Indies. East Indies -- Commerce -- France. 2006-07 TCP Assigned for keying and markup 2006-07 Aptara Keyed and coded from ProQuest page images 2007-06 Robyn Anspach Sampled and proofread 2007-06 Robyn Anspach Text and markup reviewed and edited 2008-02 pfs Batch review (QC) and XML conversion A TREATISE Touching the East-Indian Trade : OR , A Discourse ( Turned out of French into English ) Concerning the Establishment of a FRENCH COMPANY For the COMMERCE of the EAST-INDIES . To which are Annexed the Articles , and Conditions , Whereupon the said COMPANY for the COMMERCE of the EAST-INDIES is Established . LONDON , Printed by Thomas Mabb for Henry Brome at the Gun in Ivy-lane , 1664. To the Reader . NOt to Usher In this following Discourse with a long and Needlesse Preface , It shall suffice that the Publisher thought it worth the Translating , both as an Entertainment to himself , and as a further Service and Respect to his Country-men . You have the Scope of it in the Title , viz. A Discourse touching the Establishment of a FRENCH COMPANY for the COMMERCE of the EAST-INDIES : which Discourse conteins , in short , an Earnest and well-couch'd Recommendation of Commerce , by diverse Arguments of Utility , and Convenience as well Private as Publique ; drawn from the Experience , and successe of those Nations , that have applyed themselves to Traffique : Adjudging severall Advantages in fine , to the French above all other People in the World , in order to the Dominion of the Sea , and setling of an Vniversall Trade ; Wherein , our Neighbours ( how clear-sighted soever in other matters ) may perhaps live to finde their Mistake , and that it will cost them more than the dash of a Pen to become our Rivals ; Especiall at a time , when the Humour of the People runs so violently that way , and upon a Point , which the most Absolute Sovereign of the Seas in the whole Universe ( CHARLES the Second , and the Great ) has taken upon himselfe to carry on ( within the Bounds of Honour , and Justice ) to the highest degree of Improvement , and Reputation Imaginable . To the Treatise above mentioned here are likewise Annexed the Articles and Conditions themselves , as they were presented to his most Christian Majesty at Fountain-Bleau , where they Received the Royall Sanction ; and were forthwith Imprinted at Paris ; And the Reader may take further notice , that his most Christian Majestie 's Allowances are Inserted in the Margin . Imprimatur June 13. 1664. Roger L'Estrange . A Discourse Written by a Faithfull Subject to His Christian Majesty , Concerning the Establishment of a French Company for the Commerce of the East-Indies . Dedicated to the Whole French Nation . AS it is a Matter of great Reputation , and Security to any State , to have a People trayned up in the Knowledg and Exercise of Arms ; so is it of great Utility , and Convenience , that they likewise addict themselves to Commerce , by which means the Benefits of the whole World are brought Home to-their own doores : Beside that by this Employment alone , are acquired the Two Things which Wise men accompt of all Others , the most Necessary to the well-being of a Common-Wealth : That is to say ; a General Industry of Minde , and Hardynesse of Body , which never fayle to be accompanyed with Honour and Plenty . So that Questionlesse , where Commerce does not flourish , as well as other Professions , and where Particular Persons out of a Habit of Lazynesse , neglect at once the Noblest way of Employing their times , and the fairest occasions of Advancing their Fortunes , That Kingdome though otherwise never so Glorious wants something of being Compleatly happy . But in truth , it is with Commerce , as with the Liberal Sciences , that Man or State , that would improve either of them , must be at Quiet ; Peace being the same thing to a Community , which Tranquillity of Minde is to each Individual . What can be more Importune , or Unseasonable , then in the middle of a Warr either Foreign , or Intestine , when every Mans Duty calls upon him to defend his Country ; for People to be Undertaking of long Voyages and Transporting themselves into Remote Parts , their Principal Obligation and Businesse lying at Home ▪ In such a Case as This , He that absents himself from his Country , is in Construction a Desertor of it , and turns That , which at another time , were an Honest , and Laudable desire of Benefit , into a Criminal Avarice . The Broyles and Troubles of France for these Hundred Years and upwards , are so well known , that to tell the Story , were but needlessely to revive the Memory of those Misfortunes , which we must strive to forget . It shall suffice therefore to Note , that the State of France , having scaped so many Tempests , and Rocks , was yet once again emplunged in a Civill Warr at the Beginning of the Last Kings Reign , upon the Point of Religion , which Affaire being happily determined , and the People Reduced to their Obedience , without any Violence , either to their Liberties , or Consciences ; there succeeded an Obligation to Engage in a Contest with Strangers , which proved to be One of the longest Warrs , that has been known in France since the Foundation of This Monarchy : And though the Justice of the Cause : the Valour of the Prince and the Wisdome of his Councel , have never fayled of being attended with Victory ; Yet certain it is , that these Advantages have not been obteyned without Infinite Care and Labour throughout the whole Body of the State. So that it is no wonder , if the French having so much to doe at Home , look'd but little Abroad ; Especially , into the Businesse of Navigation , and Traffique , wherein our Neighbours in the Interim have bestowed so much study , and diligence ; and from whence they have likewise reaped so much Reputation , and Profit . Some Private Enterprizes indeed have been set a foot , and without that Successe , which the Undertakers promised to themselves : But this will not appear Strange at all , if we consider , that the greater Part of the Adventurers , having other Affaires wherein they were more nearly Concerned , during our Troubles , did neither vigorously persue what they had begun , nor indeed so much as take the Peyns , to keep the Frame of their Designe in Order . But now that it has pleased God to give France the Peace it has so long desired , and the enjoyment of that Peace under the Government of a Prince , whose wise Conduct and Steady Application to Businesse are at once the Wonder , and the Jealousie of all Europe : Now I say , for our Country-men not to put themselves forward toward the Recovery of a Right which they can never loose , and toward the gaining to themselves , of those inestimable Benefits , which their Neighbours receive , by the Settlement of a glorious Commerce , were to administer just reason of Astonishment . Now of all Commerces whatsoever throughout the whole World , That of the East-Indies is One of the most Rich and Considerable . From Thence it is ( the Sun being kinder to them , then to us ) that we have our Merchandize of greatest Value , and that which Contributes the most , not onely to the Pleasure of Life ; but also to Glory , and Magnificence . From Thence it is , that we fetch our Gold , and Precious Stones , and a Thousand other Commodities , ( both of a General Esteem , and a Certain Return ) to which we are so accustomed , that it is impossible for us to be without them , as Silk , Cinamome , Pepper , Ginger Nutmegs , Cotton Clothes , O●…ate ( vulgarly Watting ) Pourcelain , woods for Dying , Ivory , Frankinsence , Bezoar , &c. So that having an absolute Necessity upon us , to make use of all these things , why we should not rather furnish Our Selves , then take them from Others , and apply that Profit hereafter to our own Country-men , which we have hitherto allowed to Strangers , I cannot understand . Why should the Portuguez , the Hollanders , the English , the Danes Trade dayly to the East-Indies possessing there , their Magazins , and their Forts ; and the French neither the One , nor the Other ? What does it signifie to us , that we have so many good Ports , and Vessels , so many Experienced Sea-men , so many brave Souldiers ? To what end is it in fine , that we Pride our selves to be Subjects of the Prime Monarch of the Universe : If being so , we dare not so much as shew our Heads in those Places where our Neighbours have Established themselves with Power ? Were it not in a manner better for us to be without these Advantages then not to use them ; and to rest where we are , for want of Ability to go further , then for want of Resolution ? Would it not be a Shame to us , to make a difficulty of Attempting That in a State of Security , which other People have carryed on through all doubts , and Hazzards ? And to stick at the bare Crossing of those Seas , which Others ventured upon , even before they were known ? Is it , that we lack either Industry , to make use of their Inventions , or Courage , to follow their Example ? Would we have any thing more easie , then to reap the fruits of Others Mens Travailes : or any stronger Assurance of a good Event , then the Wealth , and Glory , which they enjoy , that have tryed the Experiment . True it is , that there is a certain Glory , which is so Inseparable from the Inventors of things , that it is entirely theirs without any possibility of Communication . The Portuguez will be for ever Famous for their Discoveries in the East , and even their Kings themselves think it no dishonour , to be thought the first Projectors of That Enterprize . They say , that in the Year 1420. Henry Duke de Viseo , Son of King John the First , being eminently skill'd in the Mathematiques , took up a strong perswasion , that there must be of necessity more Islands in That Ocean , then were yet known , and so sent out Certain Vessels upon the Search , which discovered the Isle of Madera : After which , Others sayling along the Coast of Affrica , made New Discoveries . Thus Designe , that had been so luckily set afoot , was however Interrupted by the Wars , during the Reigns of Edward the Successor of John the First , and of Alphonsus : but John the Second , who succeeded Alphonsus , ( in persuance of his Predecessors Beginnings , ) sent out One Bartholomew Diaz in 1487. to skirt the whole Coast of Affrica , and He it was , that First doubled the Cape of Good-Hope ; to which at first he gave the Name of Cabo Tormentoso , because of the Storms , which are frequent thereabouts . And this Name perchance would have continued , if the King himself had not thought fit to Change it for One of a better Omen , ( the Cape of Good-Hope , ) which was grounded upon the Hope he had , that this new Progresse would open a way to the Conquest of the Oriental Indies , an Acquisition , which he thirsted for , with exceeding Passion . Yet before he would venture his Shipping into so vast a Sea , diverse Persons were sent by Land to the Indies , to enform themselves from the best Pilots of the Country , in order to the Voyage ; But King John Dying upon the Preparative , left the Consummation of this great Work to his Successour Emanuel , who having sufficiently Instructed himself , as to the carrying of it forward , dispatched away Four Vessels from Lisbon in July 1497. under the Command of Vasco de Gama , who in May following Arrived before Calicut having doubled the Cape of Good-Hope , notwithstanding the Storms he met with ; and the violent Importunities of his People , pressing him to return . After Two Years Absence , he brought the Newes himself of his Prosperous Voyage , and laid the Foundation of greater Hopes to Come . In the Year following , the King sent thither again 14. Ships , under the Charge of Pedro Alvarez , and after that , diverses other Fleets to secure ▪ and Fortifie themselves in a Place , where they found so vast a Treasure ; and thus it came to passe , that when the King of Castile seized upon all the New Lands , upon the West , the Portuguez did the same in the East , and This was it , that gave Occasion to the Famous Partition made by Pope Alexander the Sixth , who drawing an Imaginary Line , from one Pole to the Other , ( to pass at a Hundred Leagues from the Asores ) Adjudged to the King of Castile all that which was on the West-side of the Line ; not meddling with any of those Establishments , which the King of Portugal had upon the East , which since the Voyage of Vasco de Gama have been Infinitely encreased . Thus did the Constant Resolution of these Princes surmount all Difficulties ; bringing both Glory to themselves , and Happinesse to their Subjects . Thus did these new Argonauts address themselves to the Conquest of the Reall Golden Fleece : for in sine , the Portuguez are Indebted to this Navigation for almost all they are worth . This it is , that has made them Famous in the World , and raised them into an Eminent Reputation , although One not onely of the Smallest , but of the least Fruitfull Kingdomes of Europe . It is this Traffique , ( which they have now been sole Masters of a Hundred Years entire ) that has put them in Condition to carry so high the Undertakings which we have seen in our dayes , and they would finde it a very hard Matter to Cope , even with the Enemy at their Gates , if it were not , that the inexhaustible Source of their Indian Treasure , and Trade from time to time supplyes them , for the Expence of so long , and so dangerous a Warr. What has it been , but this very Navigation , and Traffique , that has enabled the Hollanders to bear up against the Power of Spain , with Forces so unequall ; Nay and to become terrible to them , and to bring them down at last to an Advantageous Peace ? Since that time it is , that this People , who had not onely the Spanyards , Abroad ; but the very Sea , and Earth at Home to struggle with , have in a despite of all Opposition made themselves so Considerable , that they begin now to dispute Power , and Plenty , with the greatest part of their Neighbours . This Observation is no more then Truth , their East-India Company being known to be the Principall support of their State , and the most sensible cause of their Greatnesse . In the mean while , who would have Imagined that the Union of a few Particular Merchants , that but in 1595. bethought themselves of the very Project , and did not Form this Grand Company till Six or Seaven Years after , should ever have raised them to that point of Opulence , where they now stand ? It is known , that Communibus annis , there has been yearly 30 , or 35. per Cent. clear Gain to the Sharers ; and it is an Easie mater likewise , to make a near Calculation of their Occasional Expences , and yet all This deducted , when they came to make a General Computation of the Estate of the Company in the Year 1661. Reckoning what they might have in ready Cash , in Merchandize , the value of their Shipping , Cannon , and what thereunto belongs , the Estimate upon the whole , amounted to a Summe so Prodigious , that it almost exceeds all possibility of Credit : Not accompting all this while , that this Company possesses more Land in the Indies , then the States of Holland have in the Low Countries ; and This is it , that Maintains for them Fourteen , or Fifteen Thousand Souldiers , to make good what they have got , beside Sea-men , and other People , which they employ up and down to the number of near Fourscore Thousand Persons , all subsisting thereupon . So vast an encrease of Wealth from so small a Beginning would passe absolutely for Fabulous , if we did not both See , and know , that at this day the Hollanders are the best monyed People of Europe ; and that in Their Country , an Inheritance is worth more , then in any Other part of the World : An Estate in Fee commonly Selling there at 60. Years Purchase , and Lands in Soccage , at 50 ; Whereas Money goes but at Three per Cent. ( so much is it Cheaper then other Goods : ) And this does not proceed , I hope from the Emprovement of their drayned Marshes into Pasturage ; nor from the Culture of their other Grounds ( which are certainly none of the Best ) but barely from their Traffique , and chiefly from That of the East-Indies . About the same time with the Hollanders , did the English likewise advise upon the same designe , and Formed a Company at London , for the East-India Trade . This Company Set out Four Ships in the Year 1600 , which succeeded so well , that in a short space of time , the English made Twenty Voyages thither . This new Society was powerfully Protected , and Encouraged , by his Majesty of England ; who in 1608. sent Sir. William Hawkins in the Quality of Embassadour to the great Mogol ( to demand a free Trade ) in despite of all the Obstacles , which both the Portuguez , and the Hollanders endeavored then to cast in the way . In 1615. His Majesty sent Sir Thomas Roe , and after Him other Embassadours to the Kings of Iapan upon the same Errand , who wrought so well upon the Humour of those Barbarians , that they not onely obteyned their desires ; but gained so far upon the Affections of the People , that the Hollanders themselves , in order to their better Welcome , would often pretend to be English-men . This Company prevailed also with the King of Persia , for great Privileges in his Territories , in Consequence of the Service they did him against the Portuguez about the Siege of Ormus . But it had been well , if they had found him as just in the Execution , as he was Easie in the Promise . However ; be it as it will , This Company has made it self very Considerable in the Indies , and has at present diverse Mony Tables there under Two Principall Directors , or Presidents ; the One of which has his Residence at Surat , and the Other at Bantam , by whose Authority the Trade of those Parts is Menaged . Thus has the Industry , and Valour of these People Establisht , and Mainteyned their Commerce against all Opposition , and though their Enemies have done their utmost to Crush their Designe , and brought the difference even to an open and Bloody Warr , they have gayned nothing but shame by the Contest , without ever being able to hinder their Course , and Progress , which indeed they had no Colour at all to Endeavour to obstruct . The Danes it's truth , Menage not so great a Trade , in the Indies as the Rest ; neither are their Fleets there so Numerous ; but some Concernment they have likewise in the Voyage , and their Agents upon the Place ; and from time to time they send out Shipping thither . Their Businesse lies commonly in the Gulf of Bengala , upon the Coast of Pegu , and in certain Isles of the South , where they have rendred themselves Considerable . In fine , the Famous Gustavus Adolphus King of Suede thought himself obliged , as upon a point of Honour , and Greatness , that His Subjects also should Visit the Oriental-Indies , and other Parts of the World ; and in the very Instant , that this Prince ( whose minde was set upon Dominion , and Glory ) was disposing of his design to enter Germany , and Contriving the Ruine of the House of Austria , he had likewise in his Projects the Forming of a Suedish Company , for this great Navigation , Inviting his People to Interest themselves therein , as by his Letters-Patents , dated at Stockholme the 14th . of June , 1626. is made to appear ; but the Warr of Germany , and the Death of this Great Prince coming on soon after , would not permit him to see the Accomplishment of this Design , which since that time has been again renewed . All this Considered , what would the French Nation have to say for themselves , if they should now let slip the Opportunity of an Enterprize , that has rewarded all that have ever Embarqued in it , with Reputation , and Profit ? If we have neglected it hitherto , it may serve for an Excuse , that we have not been hitherto in Condition to attend it , by reason of our Constant Troubles . But now that we are in a State of Tranquillity , and Peace , what shall acquit us to Posterity , it we deferr it any Longer ? It would be very ill done indeed to envy our Neighbours the Fruits of their Honest , and I awfull Industry ; but it would not be well on the other side , to decline the same Means of Enriching our selves , if it were but for the Conservation of our Common-Good , the Benefits of Commerce serving as a Recompence of Their Labour , and Travail , while the greater Part of Our People lye Lazing at Home , as of no Use , and without Employment . But Men are not easily persuaded to Engage upon new Adventures , they are afraid , that things will not prove to their mindes , and every man is unwilling to make the first step . These thoughts doubtles might well enough have become the Portuguez , that had a vast Sea before them , and were to passe into another Climate , and under other Stars , without any knowledge of the Course they were to steer . This Apprehension might have been pardoned also in the Hollanders , whose design lay in a Country , where their Mortall Enemies were Masters , and where they were in mere danger from the Portuguez , then either from Storms , or the Barbarians themselves . But now that the former of these has led the way to this Fortunate Land , and the Latter has disabused us , as to any fear of erill from those that were there before us , we must be willfully blinde , not to agree upon an Advantage so Certain upon the Accompt , and so easy to obteyn . For whether France be more Potent , or not , then any other Nation , that Trades to the Indies is not the Question ; neither can it be disputed , whether the French have not as good Commodity for this Traffique as any other People , if it be considered , that we are possessed already beyond the Cape of Good-Hope , of the Island of St. Laurence or Madagascar , the Largest Island of all That Sea , being no less then Seven Hundred Leagues in Compass , and in the most agreeable Climate of all India . The Aire is so Temperate , that the same Clothes which we wear here in the Spring , may serve there the whole year through ; and Experience tells us , that the Heats of France are more troublesome ; then those of St. Laurence . The Soyle is proper for all sorts of Grain , and Trees , and askes nothing but dressing to be Admirable . There is no need of carrying Provisions thither , as to other Islands , for the support of the Colonyes ; for the Abundance of every thing being so great , that the Country produces enough for it Self , and to Spare . The Waters are Excellent , the Fruits delicious , and without Hyperbole , the Place may be Improved into a Paradise . Over and above This , there are GoldenMines in such Plenty , that in great falls of Rain , and Ravages of Water , the Veins of Gold discover themselves all along the Coast , and upon the Mountains . The Inhabitants are of a Disposition tractable enough , and with good Usage ready , and willing to be Employed in any service ; being a People Humble , and Obedient , and of a Humour farr differing from Those of the Country , and of the Islands further up in the Indies , who will not upon any Terms Subject themselves to Labour : Whereas These on the Contrary , both love it themselves , and take pleasure to see the Christians Work. The Country is shared among diverse petty Kings , who are still making War One upon the other , and from whose disagreements we might easily take a Rise to an Absolute Establishment of our selves among them . Beyond this Place the Trading lyes open without difficulty into India , China , Japan , and more Commodiously yet to the Coasts of Ethiopia , and Territories of the Emperour of the Abissins ; ( where Commerce is scarce understood ) to Sofola ; where are the Richest Gold-Mines upon the Face of the Earth , to Quama Melinda , to the Red-Sea , and throughout the Persian Gulph . In a word , there is not any where a fitter Place for a General Magazin of all Commodities , to be brought from those Parts into Europe , then is This Island . But this Convenience should not yet hinder us from Planting also in other Places , where it may be expedient for the Good of our Affairs ; and such a Place we have in our Eye , where no Person as yet Inhabits , which we have now in our Power to Seize upon , and where the greatest Commerce might be Established , that has been yet known in the World. ( Where this Place is shall be declared in fit season ) So that it is our Part now , not to let so many favourable Concurrences slip through our fingers , and to loose the Benefit of so faire an Occasion . We are apt to admire the good Fortune of Our Neighbours , and it deserves it . But 't is not enough barely to admire , unlesse we also Emulate it ; Especially , having so many Encouragements to promise our selves a successe , at least Equal , if not Superiour to any , that have gone before us . Besides there is a great part of the World , that remains still unknow , Vast Regions , that are not yet discovered : So that although Others have had the good Fortune to have preceded us , we may yet have the Honour to carry the Businesse further then they have done . But as it seems necessary for the bringing of this great design to Effect that we should follow the Example of other People , in forming a Company among our selves for the Navigation of the East-Indies , and that we must needs do the Hollanders this Right to acknowledg , that their Society is both the Richest and the best Read in the Mystery of that Commerce of all ; that have ever Medled with it . It will not be amisse to look into the Constitution of that Company , and the manner of their Proceedings , that any Man may the better Judge , Whether we have any Reason or no , to doubt of doing as much , as they have done before us . THe Warr betwixt Spain , and Holland having Ruined one Part of the Hollanders Commerce , without which they would have had much adoe to subsist . Certain Merchants of Zealand Associated among themselves in the Year 1592. To go and trade in the East-Indies ; and particularly in such places , where the Portuguez had nothing to do : but to avoid the Hazzard of being too near the Line , they resolved to search a Passage toward the North , and so to Coast about Tartary , and Cathay , and from thence to fall into China , and the Indies . This Voyage not succeeding to their wish , they joyned themselves afterwards with some Merchants of Amsterdam , and All together Equipp'd a small Fleet of Four Vessells , which they sent forth to India by the Ordinary way , under the Command of one Cornelius Aoutman , who having lived long at Lisbon , had learned from the Portuguez the Secret of this Navigation . In 1595. they departed , and at the End of Two Years , and Four Months Returned , without making any Profit of their Voyage . This little disappointment did not hinder them from forming at the same time a Second Company , in the same Town of Amsterdam ; and these Two Companies being United , set forth a Fleet of Eight Ships , that went out in 1598. while a Third Company in Zealand were making Ready for the same designe . In the Year 1599. Certain Other Merchants of Amsterdam ( the most part of them Brabanders ) framed yet Another Company apart from all the Rest , which sent also Four Vessells to the Indies . In 1600 , This latter Company set out Two more , which Joyned themselves to Six other of the First Company , and these Eight Ships being gone , the Members of these Two Companies , not waiting for their Return Equipp'd Thirteen Vessells ( the First Company Nine , and the Latter Four ; ) and this Fleet went to Sea in Aprill 1601. putting the Profits of the First Voyage , into a Stock for a second Equipage . There were at that time some Merchants of Rotterdam , and North-Holland , that were Modelling of Companies separate from the Rest ( which Encreasing in this manner gave greatly to fear , that one would spoyle the Other ; ) Whereupon the States foreseeing what disorder this Division might cause , persuaded them to Unite all their Interest , and to send their Deputies to the Hague , to Endeavour there to draw them all into one Company , in which Proposition the Parties Concerned did acquiesce , and so there was Constituted one Generall Company for the East-Indian Navigation , with a Grant , or Privilege from the States , Expressly Inhibiting all other the Inhabitants of the United Provinces to Traffique in the Indies , from the Cape of Good Hope , to the furthest Part of China , for the Term of One and Twenty Years , to begin from the 20 th . of March 1602. By this Grant , it was left free for all Persons whatsoever to enter themselves into the Company for what Summe they pleas'd ; Provided , that they declared themselves , within Five Months ; after which no more should be received upon what Terms soever . In this Space of time , they gathered together a Fond , or Stock of Six Millions , and Six Hundred Thousand Livres mony of the Country ( which make Seaven Millions , Nine Hundred and Twenty Thousand Livres of France ) and no Man since That , has been taken anew into the Company at least without having bought the share of some of the First Interessed , which they call BUYING OF AN ACTION . There were made also diverse Rules , for the Maintaining of Order and preserving the Interest of Each particular , which were Explained in the Grant. In the mean while , the First Terme Expiring in March 1623. it was continued for One and Twenty Years longer , and in 1643. renewed again for 27. Years , in Consideration of a Million and Six Hundred Thousand Livres given to the State ; and they are now Soliciting to renew their Privilege again for a further Term. The first Sum of Six Millions , and Six Hundred Thousand Livres was Employed upon the Equipping of a Fleet of Fourteen Sayle , that set out in February , 1603. and after that , of Another of Thirteen that Departed in the December following . Till then , the Persons Interessed , made no Benefit at all of their Adventure , for being divided into so many Private Companies , they were faine to lay out all their Gaines upon a Stronger Equipage . But upon the Return of these Two Fleets , the Profit was so great , that in 1605. the Company got Fifteen , for a Hundred ; and in 1606. Seventy five , for a Hundred . So that in this short time , they wanted but Ten in the Hundred of Reimbursing themselves their Original Summe . In this Interim , the Company did not slacken at all in their Preparations , and Provisions . They Treated with the Indian Kings , built Fortresses , and every where enlarged their Conquests , which vast expences notwithstanding , it appeared in May 1613. that every man was Reimbursed his Principal , and had over and above , a hundred and sixty , Profit . As for example ; He that in 1602. put Foure Thousand Tranks into the Stock of the Company , had Received in 1613. Ten thousand and Four hundred profit , and yet his Original good in the Common-stock . And this Gain has been so much Augmented since that time , that there are few Years , wherein they get lesse , then 30. per Cent. In 1661. They gained 40. In 1662. there was no distribution at all , by reason of Four ships lost , which they have never heard of since ; beside the extraordinary Charge they were at for the Seige of Cochin ; but in 1663. they had 30. again per Cent. The Company at every Ten Yeares End makes a General Inventory of the whole Business , and by That , which was made in 1661. it was found to be in Possession of the Immense Wealth above-mentioned . This Company has not only Enriched Particulars ; but the Advantages , which the Body of the Re-Publique draws continually from it , are almost inestimable . In the First Place , all Commodities , that are brought from the Indies into the States Ports , pay at Least Seaven in the Hundred , and before they come into France , are unladen in Holland , where they pay all their Rights of IN and OUT ( before they come to us ) arising to Six per Cent. and One per Cent. more for the Duties of Convoy , which Seaven per Cent. go clear to the Re-publique , beside Two in the Hundred more for Factorage ; and the Charge of Merchandizes : So that upon this Reckoning , we pay Twelve per Cent. more for Indian Commodities , then they would Cost us , if we fetched them our Selves . Whence it followes , that our Negociants , making the same Profit of these Merchandizes , which the Holland Company does , might be able to furnish us at Twelve in the Hundred better Cheap , then Others ; because we should save the Duties , that are now paid in Holland ; ( an Expence that every Year draws Vast Summs out of France , where are Consumed at least a Third Part of what the Hollanders bring out of the Indies . A Second Advantage , which the States draw from this Company , is , that upon Every Renewing of their Grant , it makes them a Considerable Present . The Last ( as we have said already ) amounting to no lesse then Sixteen Hundred Thousand Livres . In the Third Place , it maintaines at least Fourscore Thousand Men , the Greater Part whereof would otherwise be a Burthen to the State. The Last , and the most Important Consideration is , that this Company , in weakning the Commerce of the Portuguez , who were a long time under the Obedience of his Catholique Majesty , did also weaken the Spanish Monarchy ( their great Enemy ) and by that Means made their way to a Peace . They Equipp every year for this Voyage Twelve fair Ships ; from Eight hundred , to Fourteen hundred Tun , which depart at several Seasons ; and every year precisely at the End of June , there Return as many , or thereabouts . The Company , and the States usually in the Month of May send out their Men of Warr to meet them , Partly as a Convoy , and to defend them against their Enemies , and partly to relieve them with Fresh Men , and other Necessaries , as they have occasion . The Principal Place , which this Company has in the Indies is Called Batavia , a Town , that they have built ( in the Island of Java Major , not far from Sumatra , they have there their Magazins , and Stores of all the Commodities ; which they bring into Europe , from the several Countries of the Indies , of Japan , of China , and of Other Kingdomes . They have also Colombo in the Isle of Ceylon , which they have lately taken from the Portuguez ( This Island furnishes the whole World with Cinamome . ) In Fine , they possesse diverse other Places , even from the Gulph of Persia , to the Extremity of China , and they have Reckoned a good while since , Seaven and Thirty Magazins , and Twenty Considerable Forts , which they had in the Indies . For the Greater Advantage and Liberty of their Commerce , they have their Agents about all the Kings of those Quarters , as the King of Persia , the Great Mogol , the Kings of China , Japan , Cochinchine , and diverse Others . See now to what degree of Greatnesse this Company is Arrived : a Society of Particular Merchants , Low enough at First , both in Fortune , and every way Else ; but now Advanced , not only beyond their Hopes , but their very Pretences . But there is not any thing which a Company , of this Condition , by Union , Conduct and Courage may not accomplish . This Truth being so clear , and the same Advantages now offered us , shall we not make use of them ? Or shall we rather acknowledge to the World , that we want Unitie , Addresse , or Courage ? The Last is a Reproach , which our very Enemies will never fasten upon us , ; Nor with any Colour of Reason will it be pretended , that we want Addresse . For ( to speak in this Place only of Navigation ) It is certain , that better Seamen cannot be desired then ours are , and the Hollanders know That well enough , who make use of the French more then of any other Nation , and finde themselves better Served with Them , then with their Own. As to the Point of Union ( not to dissemble the Matter ) without doubt , we are there too blame , and 't is a fault of our Nation , which Certainly deserves our greatest Care to Redresse . To say the Truth , What a Shame is it , that the French ; the People of all the World the most accomplish'd , a Nation with whom Valour , Magnificence , Good Nature , Civilitie , Learning , the Liberal Arts seem in a Manner , to have chosen their Abode . That These People , I say , should be so hardly brought to endure One Another ; that their Societies should be so unconstant , their Agreement so difficult ; that the most hopefull Affairs in the World should perish even in their Hands , by I know not what Fatality of this Lightnesse ; without which discord among themselves , it were almost impossible to resist them . When the Hollanders began their Company , how many were there even of an Ordinary Condition , that sold themselves to their very Houshold-Stuffe for the furnishing of a Stock to begin withall ; because of the Honour , and Benefit which they foresaw , would accrue to their Country . And shall the French having so many other Excellent Qualities faile at Last in so Material a Point , as to be wanting in their Zeale , and duty to the Glory , and Well-being of the Publique . I dare promise my self This will never be ; and since we are now in an Age of wonders , that must give Remedies to all our Evills , and Renew our whole Frame : Let us not leave the least Mark of that Antient Blemish ; but by a Constant kindnesse among our Selves , and a true and dutifull Love of our Country give the World to know , that our Great , and Incomparable Prince has Influenced his People , and Inspired them with a Virtue , which they never had before . But what shall we doe then ? will some say ? Our Businesse in the first Place , must be ( as is already said ) to Compose a Society of diverse Persons , that will unanimously Contribute to the Execution of our design ; which Society shall carry the Name of THE FRENCH COMPANY for the COMMERCE of the EAST — INDIES . Our next Work must be to Equip a Fleet , and to go directly , and make a Descent upon our Isand of Madagascar , which we may do without any Resistance , and begin there with a Considerable Establishment , which from time to time shall be supported , and maintained by strong Colonies . We must then resolve to carry thither , onely men of Honesty and Courage , not Criminals redeemed from the Gibbet , or the Galleys , nor Women condemned for Debauchery or Lewdnesse . Part of these People shall be Employed in Tilling the Ground , ( which will be a matter of exceeding Benefit ) while the Rest shall be making themselves Masters of the Principall Posts of the Country , and securing of Ports , whereof there are diverse in This Island , capable of Two or Three Hundred Vessels , to Ride without danger . Thus much for the Praeliminaries of our great Commerce . I know very well , that this Proposition will not please all People , and some will tell you perhaps , that the French have been at Madagascar already ; and What did they there ? They will tell you too , that Monsieur Flacourt ( who was the Director of the Company , that was then made , ) has sufficiently manifested the Vanity of This Project ; in a Relation that he has published upon This Subject . Well! But are we now to learn , that a Businesse , that has Miscarried at One time , may succeed at Another ? How many great Enterprizes , do we finde in Story , that have Required several Tryalls to bring them to Perfection . The first Spaniards , that Planted in the Isles of America , were all slain ; and yet this disaster did not discourage the Undertakers from sending more . The English Colonies in Virginia have been Four or Five times destroyed ; and yet This has not made them Abandon the Country . To come once again to the Example of the Hollanders . The First step , they set toward their Indian Adventure ( endeavouring to find out a new Passage ) was most unfortunate to them . The Second time ; t is true , they got thither ; but they made Nothing of their Voyage . Did they give it over for That ? No , by no means . They returned a Third , a Fourth time , and at last gathered with Interest the Fruits of their Perseverance . But This is not all neither ; for the World must know , that there is a large difference , betwixt the Business of Monsieur Flacourt , and That which is Now in Question . A Large Difference , betwixt a Company Composed of a Small Number of Private Persons , and that wanted Stock for the Accomplishment of so great a designe , and the Company , which is Now in Proposal to be Erected . For after all ; we are not without hope , that the King himself , ( who has so great an Affection , and Tenderness for his People ) Considering the Notable Benefits , which this Enterprize will bring to his Dominions , will Himself I say , lend his Royall Support , and rather then fayle , even Enter into a Participation in the Designe : So that the Consequence betwixt Monsieur Flacourts Affaire ; and This at present , holds no Proportion . And This must be acknowledged too ; that ( the Misfortune Notwithstanding , into which he was cast , by the Fault of the Company ) he has been ever known to say ; Nay , and Publiquely to Declare , and Print at the End of his Relation before Mentioned , that a Considerable Settlement in Madagascar ( which must be Vigorously begun , and Wathchfully persued , ) would bering an Advantage to the State of France beyond Imagination : Considering the Goodnesse , and Fertility of the Country , the Gentle , and Industrious disposition of the People , and the Commodious Situation of the Island for the Entertainment of Commerce . And This which we deliver is Supported by the Agreeing Testimony of so many Nations , newly come from Thence ; as Flemmins French , Hollanders , English ; that to dispute the Point , were to offer violence to Truth it self . Monsieur Flacourt did not so much as wish for More , then One Lusty Ship to be sent every Year from France to Madagascar , to carry on the Designe . What are We to expect then , that propose no lesse then Fourteen or Fifteen , at a Blow ? The Transporting of Five Hundred Men thither was the very utmost or His Desire , but We speak of Carrying as many Thousands . The Disbursment of a Hundred and Fifty Thousand Livres upon an Equipage , was a Summe that He had not the Confidence so much as to propose ; but We have in our Prospect , the Expence of many Millions . In a Word , His Reasonings were proportioned , to the Abilities of a Company of Private Persons ; but We speak of Erecting a Company , whereof 't is possible , that his Majesty Himself will not disdain to be a Member ; and by his Royall Participation , Influence it with a Certain Character , peculiar to the Dignity of such a Constitution . So that the Odds betwixt Our Modell , and His is Evident , and that we shall be able to carry our Business higher , then ever he could have raised his Imagination . But let That go as it will ; of the Isle of Madagascar a Man may safely say , that with a very little Care to Fortifie there , we may have not onely one Place , but many , and those of greater Value , then all that the Hollanders can pretend to be Masters of in the Indies ; take it either in regard of the Place it Self , or the Convenience of Traffique . Surely it cannot be denied to be Incomparably more Commodious , and Safe , then Batavia in the Isle of Java , where the Hollanders have pitcht their Principall Residence . More Commodious doubtlesse it is , as being in a Gentle Climate , and having within it self whatsoever may honestly serve either to the Pleasures , or Necessities of humane Life . Whereas on the Contrary , there is scarce any thing to be gotten about Batavia ; but the Company is faine to fetch from afar off the very Rice , Meat , and Necessary Provisions for Five and Twenty , or Thirty Thousand Persons , to their great Trouble , and Expence . And then Madagascar is Certainly a Safer Place ; for the Natives of Java are a Brutal , Bold , Warlike , and Stubborn People : By Profession Mahometan , and consequently Haters , and Despisers of Christians . The Hollanders have for their Neighbour , on the One side the King of Mataran , a Prince , that shews himself now and then at their very Gates with a Hundred Thousand Men. On the Other side they have the People of Bantam ( a matter of Twelve Leagues from Batavia ) who have often done the same as the King of Mataran . Whereas the Inhabitants of Madagascar , on the Contrary , are of a Meek and Quiet humour , discovering withall a Singular Inclination to receive the Gospel . So that one is more secure with a Hundred Men in Madagascar , then with above a Thousand in Java . But This is not all yet , that the Place is more Delightful and Secure ; but it lyes much better also for Traffique : for I cannot but take Notice of another Inconvenience , which the Hollanders suffer , in having their General Magazin at Batavia . It lyes so far up in the Indies , that it makes their Voyges long and dangreous , and a great part of them to no purpose . When you have brought them within view of Madagascar , they have still a Third Part of their Way further to Batavia . And when they are There , they must come back again the same way they went , and with the same Windes , that would carry them into Europe ; onely to Traffique in the Gulf of Bengala , upon the Coasts of Coromandel , and Malabar , at Ceylon , Surat , in the Persian Gulf , and upon the Coasts of Ethiopia ; and after all This , they must back again with their Merchandize for Batavia , and there at Last they make their Cargasons for Holland . So that the very Situation of the Place gives them the Trouble of passing the same way Two or Three times over , whereas by Planting our Principal Magazin at Madagascar , all the doubling would be saved : For being There once , let us go which way we will , either toward the Red-Sea , the Gulph of Bengala , China , Japan , or the most Remote Islands , we are never out of our way ; but when we shall have made our Markets , and Carried our Commodities to Madagascar , every hour of our Passage will have brought us so much nearer Home . So that we shall have nothing to Stop us , but foul Weather ; None of this back , and forward , this Turning , and Crossing , to make the way tedious . Take This along with you too , that when you are once at Madagascar , you are upon as good a Breathing-Place as you would wish , with all Conveniences about you , to refresh your Men , and follow your Course at Pleasure : Whereas the Holders , after they are once under way from Batavia , meet with no such Relief betwixt That , and Home : ( commonly a Seaven-Months Voyage ) for want of which , they are so miserably Harrassed with the Journey , that a long time it takes them to recover it . And there remains yet another Inconvenience ; ( from which We are Exempt ) that is ; When they are come into Our Seas , they dare not passe the Channell , for fear of the English , with whom they are at Variance , upon the very point of the Indian-Trade ; but away they go on still to the Northward , and so about Ireland , and Scotland ( a Matter of Four or Five Hundred Leagues Compass ) to fall at Last into their Own Country by the way of the German Ocean ( which is the true reason of the Companies allowing an Augmentation of Three Months Pay , to all the Officers and Seamen ( upon this Voyage ) above their ordinary Wages . ) So that they have both Extremities of Heat and Cold to Encounter in their Return . And we are now to presume , that the Company puts upon Accompt all these Rubbs , and Stopps in the way , which make the Navigation both more Hazzardous , and Expensive , and Rate their Commodities accordingly . This is enough said , I suppose to prove the Situation of Madagascar better then that of Java , and Consequently , that the Matter in hand is worth our Care. To Instance now in our Own Nation , the French make no difficulty at all to adventure upon the American Isles , as St. Christopher , Martinique , Guadalupe , and Others ( where there are at least Thirty Thousand Persons ) and yet these are Places , where there is no Living without Succour from Abroad ; and if the English , and Hollanders with whom they Traffique , should not supply them with Bread , Wine & Victualls ; nay and with Slaves too , to order their Grounds , they were not able to subsist Two Years to an End without Extream Misery ; which would enforce them at last to quit their Hold. From hence it proceeds , that the English and Hollanders get away all their Sugar , Tobacco and Indigo , with which they furnish us afterward , at a dear Rate ; so that the French are they that reap the least Benefit of their own Labours . Taking This for Granted , what can be clearer , then that we are under a Grosse , and most unreasonable Prejudice , in rather Chusing to send out Colonies into Places , Subjected to such Inconveniences , then to Plant a Large and Fruitfull Island , fitted with all advantages , both for Plenty , Pleasure , and Commerce : And all This , because Monsieur Flacourt failed in the businesse ; Because a matter of a Hundred , or Six Score Men Miscarryed in it . ( Even by the fault of the very Company it self ) These People should do well to observe , that we are now upon another manner of design ; upon an Enterprize not unworthy of that great Prince , who will have the Goodnesse to make Himself of the Party . I must expect now to be Questioned , by what Authority I talke at this Rate , and who made me an Undertaker ? Truly , I shall not take upon me beyond my Commission ; but I think it may be very fairly presumed , that so accomplished a Prince , as his Christian Majesty will never refuse to Comfort , and Protect his People in an Affair of this Weight ; or ever fall short of That Affection , which the Kings of England have constantly Manifested toward their Subjects upon the like Occasion . A Man may say indeed , that His Majesties daily Acts are a Security to the Contrary ; and he that shall consider , that since the Year , 1658. the King has struck off Twenty Millions a Year in Taxes , and since That , brought , down the Price of Salt : How that in the Scarcity of , 1661. ( which threatned us with an Inevitable Famine ) he did out of his Proper Coffers provide for the Importation of Prodigious Quantities of Grain , to relieve the Necessities of his People , ( and particularly of Paris , where the Number made the Evill the more dangerous . He I say , that shall duely Consider , what we have both seen , and tasted of ●his Kinde , will never doubt of His Majesties Propension to further the Advancement of This Company to all purposes Imaginable . If there were nothing else of Inducement in the Thing , it would be sufficient alone to prevaile upon his Majesty to see , that the Establishment of this Great , and Noble Commerce , by opening an Honest and Certain Way of Livelyhood to the whole French Nation for the Future , would insensibly wear out , and banish all those other Ignoble , and shifting wayes of Living , which in Our dayes have been but too much in Practice , and Credit . That this happy Abundance would bring us again to a Sincerity in our dealings , and put out of Countenance that Trade of Wrangling , which the Insatiable Greedinesse of a Lazy sort of Men has raysed to the Highest degree of Iniquity . That it will be a sure way of Employment for those that languish for want of Businesse , whose Industry is as good as Lost , when it is not Exercised . And in conclusion , that it will be an Indubitable Relief to a World of Poor ; who have at present no other Cho●ce , then either a shamefull Beggery : or some Criminal Course to deliver themselves from it . So that since the Thing in Question , has no lesse an Influence upon the Interest , and Honour of the State , then upon the Profit of Particular Persons : We may be confident of his Majesties Royall Favour and Assistance toward the Accomplishment of so Glorious , and Beneficial a Work. TO come to the Point then , there must be first a Fond , or Stock , of Six Millions to be laid out upon the Equipage of Twelve , or Fourteen faire Ships , of Burden , from Eight Hundred , to Fourteen Hundred Tunn for the Convenience of passing such a Number of Persons into our Isle of Madagascar , as may take Possession of it in a handsome Fashion . I would here propose that His Majesty might be humbly besought , to put in for a Tenth part , and I persuade my self it might be readily Obteyned . I am further Assured , that there are diverse Persons of Eminent Condition in this Kingdome , that would be willing to Venture Considerable Summs upon This Bottome , in Case the Merchants , who shall first Associate toward this Constitution , shall think it Convenient . And in this Case , I reckon upon Three Milions , as good as Raysed ; so that we are Advanced the One Half already . And for the Other Moyety , I would Recommend it to all Merchants , Burgers of Towns , and in a more Especiall manner to all that love the Honour of their Country , and desire the Laudable Advancement of their Proper Fortunes , to bethink themselves seriously of the Businesse , and to make their Zeal as Remarquable to the Present Age , as the Reward of it will Render them in their Generations to Posterity . For their further encouragement , I have great Reason to believe , that his Majesty after his Engagement for a Tenth in the first Expedition , will be prevailed with to furnish more for the Second , Third , and Fourth , if it shall be thought needfull . His Majesty may be also supplicated to remit to this Company , the One Half of his Rights of Entry and Customs , throughout all France , for all Indian Commodities Imported thither . In fine , upon a strong presumption , that the King will shew himself in this , as in all other Cases ; the Father of His People I flatter my self with a strange hope , that his Majesty may be perswaded to take upon Himself , the Risque of the First Eight or Ten Years ; which if it comes to passe , let the world Judge by that signal Engagement , how his Majesty stands Affected to this Affair , and whether the Opinion , which I have entertained concerning it , be not somewhat more then the Vision of a man , that dreams waking . As for Private Persons , they shall have Liberty to Interest themselves in the Company for what summe they please , till the Stock shall be Compleat ; after which no more shall be Admitted : And for the speedier Raising of the sum , His Majesty shall be desired , that Strangers ( as to that Particular ) may have the same Freedome with French-men themselves : by virtue whereof they shall stand Naturalized , without need of any other Grace ; Provided that their Engagement exceed the sum of Ten Thousand Livres , in Consideration of which Interest , their Kindred although Strangers shall be qualified to inherit their Estates . And for further Security , His Majesty must be desired to Grant , that in case of any Rupture betwixt This Crown and the States , whereof such Strangers shall be Subjects , their Goods shall not thereupon be Seized or Consiscated , in Consequence of the War. This Company shall then have its Directors ; and to take away all jealousie from the Negotiants of being one Oppressed by Another ; these Directors shall be chosen out of the Body of the Merchants onely , and the whole Stock put into the Hands of One Person to be named on their Part. And for the greater Encouragement of Strangers , and in Testimony of the Trust , that shall be reposed in them , they shall be declared Capable of being Heads and Directors of the Company ; Provided , that they bring in an Interest Correspondent thereunto and settle in France with their Families . The King must be supplicated again to permit , that the Causes of the Company may in the First Place be brought before the next Consulary Justice , and by Appeal to the Parliament . In fine , every man shall be free to Offer his Advice for the Good of the Company : or , for the Security of any of the Persons therein concerned ; and his Opinion shall be received with Respect , and followed so far , as shall be found Expedient . I have now delivered my thoughts upon This Subject , which have not been hitherto unacceptable where ever I have imparted them . But Feare and Distrust ( those Two Ignoble Passions , and the Enemies of all great Undertakings , ) will perhap , have the Power to work upon some easie Natures , by their ill grounded and mistaken Reasons ; which ( such as they are ) we shall frankly lay open , for the service of Those who otherwise might possibly suffer themselves to be surprized . The First Objection is drawn from the Ordinary Uncertaintyof Events , which is the great Common-Placeof such as want Resolution , who will tell you , that A Man can have no Assurance , that this New Navigation , will ever come to what we Imagine : That Our Neighbours being already in Possession of the Indian Commerce , where they are powerfully Setled , and Rooted in Familiarities with the Natives , with whom they Trade , it will be a hard matter to bring them over to us : And that in fine , being before-handed , and having great Magazins , and Stores , they will appoint their Factors perchance to beat down the Market , and under-sell us : So that we shall be quickly Reduced either to throw off all ; or Trade to Losse . All this is is easily answered , and we will do it in Order . As to the First Objection , I reckon , that it can never Enter into the thought of a Man of Courage . Have our Neighbours prospered in This Navigation , even beyond their Hopes , and is it a Reasonable Question to aske , whether We shall succeed , or No ? It is without dispute , a point of false Prudence to doubt it . How seldome is this same froward Wisdome in the Right ! which requires more Certainty , then the thing will bear ; that would have the Future in Hand , and cannot content it self , with a well-Grounded Probability . This was it , that made so many of the Christian Princes to reject the Proposition of the Famous Columbus ( of which notwithstanding , they saw afterwards , the Effects to their Amazement ( the first that boggled at the design being the Genoeses ) He discoursed the Businesse to the King of Portugall ; but he had as good have said nothing : And to as little Purpose was the Project broken to the King of England ; and to the French King too : ( as some say ) and the Favourable Audience , that he had of Ferdinand , and Isabel , would have signified just as much as the Rest , if a Private Man had not born the Charge of his First Expedition , by the Advance of Sixteen thousand Gold Ducats , that were Employed upon it . The King of Spain has the same Obligation also , for the Discovery of Peru to Three Private Persons , that joyned in the Design , which passed a while for an Extravagant folly , till the Event made it appear to be an Act of Profound Wisdome . In the mean time , the difference we here speak of , was not without some plausible Appearance of Reason : the Thing being as then in doubt ; but with us 't is another Case . The Gaine is Certain , and the good Fortune which others have had there already , tell us what we our Selves are now to expect . In one word , if our design miscarry , t is our own Fault , and we cannot say , that the Execution of it is not in our own Hands , without Offence to Truth , and Honour at once . As to the Second Objection , which concerns the Vent of our Merchandize ; the Conceit is Idle : for First , the Company may be sure of France ; because ( as we have proved already ) They may afford their Commodities at Ten or Twelve in the Hundred , better Cheap then the Hollanders . ( Which rises to more , then a Man would Imagine , till he comes to Compute , that France alone consumes at least a Third Part of what is brought out of India . ) But besides , it will not enter into my understanding , why Strangers should not as soon buy of ●s , as of our Neighbours ; Especially , when their Interest leads them to it ; France being placed in the very Heart of Europe , and Accessible on every side . I shall say more , which is , that since Strangers are already under an Obligation of dealing with us , for Four Principal Commodities , which we have in Excellence ( and which an Italian of great Authority , calls the Four Load-Stones , that draw other Nations to us ) That is to say , CORN , WINE , SALT , and HEMP ; there is no doubt , but they that Traffique with us for these Things , would be very well content to take off our Indian Merchandize , as far as they have Occasion for it , all under One. Which would be very much for the Merchants Ease to furnish himself with whatsoever he can desire , at one , and the same Market . So that it is Rational to believe , not onely that our Indian Merchandize will not be left upon our Hands ; but that we shall have a Quicker Sale for it , then other People ; and by this Means Recover the great Traffique , which France had of Old before the Portuguez found out the Navigation of the East-Indies : for in those dayes , all the Persian , and Indian Merchandize was brought by Land into Egypt , from Thence by Sea to Marseilles ; and There Distributed . In Consequence hereof , it is not unlikely that our Neighbours whose best Card is their Commerce , will try all the wayes in the World to Cross us . And this is the Foundation of the Third Objection . In truth it may very well be , and that they will not stick even to pick their own Pockets , rather then we shall fill ours , and shew ●s a Thousand Tricks , to make us sick of our Business . It is possible , that for a while they will be content to set their Merchandize at an under Rate , to Loose a Little at present , to get the more hereafter , and trifle away a Million or Two upon the Experiment . But how long will this Frolick hold ? or can any man Imagine , that to do us a Mischief , they will resolve absolutely to ruine Themselves ? After all , The Consideration how far they would expose themselves upon this design to divert and discourage us , serves onely to Confirme me in my First opinion of it . They are not a People to do great things to no Purpose ; nor would they throw away so much Treasure now , but in Order to the Conservation of their Future Interest . Again ; They would not stickle so hard for a small Matter , and the very Industry they use to hinder our Commerce , proves the Benefit Considerable , if we carry it . So that this Objection is so far from moving us to relinquish our Enterprize , that on the other side it rayses both our Hopes , and Resolutions to go thorough with it . To say all in a word , if so great a Blessing does attend us , as his Majesties Consent , that all the Loss , which shall befall the Company , for the first Eight or Ten years may be made good upon the stock which His Majestie shall vouchsafe to venture in the design . What have we then to fear ? Can it be , that a Party of Private Merchants ( for such are our Neighbours Companies ) shall have the Power to sink a design , which One of the Greatest Princes of the World has a mind to support ? A Prince , who by the Admirable order of his Conduct ; the Just Administration of his Revenue , and by his fatherly Goodness toward his People , has put himself into a Condition , to undertake without Fear , whatsoever may be put in Execution with Honour , and Justice . No , No , Our Neighbours are too wise to make so dangerous an Experiment ! Let us say rather , that they shall see us take part of their Commerce , either with pleasure , as their Principal Allyes ; or however without having it in their Power to harm us . The Second Scruple objected by some Particulars arises from the Consideration of certain unhappy Effects of our past Troubles . The Prodigious Expences , which the King was at , while he was forced to maintain a War in all the parts of Europe ; ( which has now brought us however to the most Glorious Constitution , that the State of France ever enjoyed ) Those Expences I say , having obliged His Majesty to call for Supplies of mony now and then from his People , have left in them certain dark Imaginations and Jealousies , that the Stock of the Company being a Publique Treasure ; upon the Kings next occasion , his Majesty might perchance seize it as his Own. So that it would be a madness for Private Persons to venture their Fortunes in a Bottome , which the King may make himself Master of at Pleasure . But these are weak Heads God knows ; and That they say , is certainly unworthy , both of the Prosperity of Our Affairs , and the Magnanimity of our Prince . The King , they say , may perchance lay hand upon the Companies Stock , because 't is Publique Mony. But I say , that the King will never do it for that very Reason . His Majesty has heretofore had great Warrs upon his hands , his Treasury drayned , and his Finances mis-menaged , to the great dissatisfaction of his People : but in the middle of this Pressing Necessity can any man say , that the King ever Fingered any of the Publique Mony : was his Majesty ever known to Order the Receiver of Consignations to Empty his Coffers in the hands of his Treasurers ? Never had any Creature such a thought . For the Publique Treasure is a kind of Sacred Trust , and it were a sort of Sacriledge to abuse it , Why should any man suspect the King capable of so prophane a violence ? And that he should take That now too , when his Coffers are full , which in his greatest Wants , he ever made a Conscience to meddle with ? But it will be said again , that the world is uncertain , and all that is in it , and that the greatest Felicity imaginable cannot warrant it self from Misfortune . This is true , and I think no man will dispute the Humour and Caprice of Fortune ; but let us judge of things by probability ( if not , by somewhat more substantial . ) We see , that most of our Neighbours have their hands full at home ; Others are weak , and those , whom we have found formerly most to be feared , are now well enough satisfied to be at peace with us . Let us consider on the other hand , the Power of our Prince , and the unmoveable Foundations of that Power . In his Menage of Affairs of State , his Majesty is Assiduous , and Indefatigable . As to the Ordering of his Finances , he looks after it Himself , and understands the whole Business of his Revenue no man better . If we turn our thoughts now toward those Blessings , which Heaven has showred upon his Royal Person , that Clearness of Wit , Solidity of Judgment , Vigour of Body , Health , Youth ; We have Reason to believe , ( if we may believe any thing in this World ) that our good Fortune will be long-lived , and that God will reward his Royalliety , and Justice , with a Reign as Lasting as Happy , and not refuse to his Christian Majesty a Grace , which Heaven has sometime bestowed even upon Pagan Princes , and Conferred upon the Reign of Augustus . Away then with this Lewd distrust , that Embitters all our delights , and troubles our Heads , with the Apprehension of Evils which are never likely to concern us . Let it never be Imagined , that a Prince so Generous and Just , after the Solemn Establishment of a Company , under the Seal of his Authority , can ever have the thought to invade the Estates of Private Persons , putting themselves under his Protection , and by so foul a violence to blast the Glory of his Unspotted Reputation . In a Word , let not any man think , that his Majesties flourishing Condition can ever be Reduced to stand in need of so hateful an Expedient , and after that , so Unprofitable . For in fine , ( to leave this Opinion nothing to say for it self ) I dare affirm , that if the King both wanted Mony , and had a mind to seize it , the Estate of the Company would be yet secure . For let us look into Holland , and we shall find wherein the wealth of these Companies Consists . 'T is true ; they have a world of Merchandize Disposed of up and down in their Magazines , both in India , and Europe , they have their Shipping , their Canon , and their necessary Equipages ; but for Mony , alas , 't is the least part of their Riches ; and indeed their Cash compared with the Rest , is scarce Considerable . Now I pray you tell me , Were it not a pleasant Project for a King of France that had need of Mony , to make seizure of all these Commodities , and that at Three or Four Hundred Leagues distance , for the great Part. Put Case , that he were to raise an Army to prevent an Invasion , and wanted Mony upon that Pinch ; or to pay off some Mutinous Troups ; Were it not a ready way think ye to send a Matter of a Hundred , or Sixscore Wagons to the House of the Indian Company for so many Load of Cinamome , and Nutmegs ? do Princes use to pay their Souldiers , with Baggs of Pepper , and Cloves ? No! no , In such Cases , This will never do their Business . In a State of Warr there must be Money in Kind , and not That , which makes Mony in a time of Peace . Wherefore since the Estates of this Company , will not lye in Cash , which is the only Thing , that ●rinces at some times may have Occasion for : It is manifest that this Apprehension of the Authority-Royall is nothing else , but a Chimera set up , to oppose the growing Prosperity of this Nation . There is Another sort of People , yet more unreasonable ; But we shall answer them with the Rest , and they 'l tell ye , ( taking every thing at worst ) that we are not sure to be alwayes at Peace with our Neighbours , and if there should happen a Warr , how much the Companies Shipping would be exposed to the Enemy , for they make a great Question , whether the State of France , would ever concern themselves so far in the Quarrel , as their Neighbours do upon the like occasion : For , say they , Traffique being the Chief , and almost the Onely Support of our Neighbours , it is their Interest to maintain their Commerce with their Lives and Fortunes : Whereas France , that lives upon it self , and has within it self so sure a Bottom of Strength , and Subsistence , will not think it self much the Poorer , for the Loss of a Merchants Fleet. So that the Kings business will be to secure his Frontiers , and look to his Garrisons , without charging himself with Armado's to protect Us in our Trade . Sure these People do not heed what they say , for they confute themselves with their own Objections . Do they confess , that our Neighbours , in a Country , not so good as France , have yet kept up Their Trading against all Opposers ; and do they now Question whether his Majestie will uphold Us in Ours ? What colour have they for a Perswasion , that the stronger should not do That now , which they themselves acknowledge to have been done already by the Weaker ? Not that they make any doubt of the Kings Power , they 'l tell ye ; but perhaps there will not be so much Care taken as might be . They are Ignorant then it seems or would be thought so , of what his Majesty dos every day . I do not speak of his Universal Vigilance over all his Dominions ; but of the special care he takes for the Protecting of his People in a Forreign Trade . They do not know I perceive , that it costs the King at least Four Millions a Year , to entertain a Liberty of Ordinary Commerce , both in the East and Western Ocean . And that it is upon this Accompt , that his Majesty is now at the Charge of a Navy Royall , to suppresse the Corsares of Algiers : That it is , for this very End , that he Entertains another Squadron , to defend our Merchants from the Pirates of Gallicia . They are strangers doubtlesse to all these things , without which , it were not possible they should fall foule upon so grosse a Mistake . Is it not known , that his Majesty does all This , for the support of a very Ordinary Traffique , and can any man Imagine , that he will doe lesse for the Maintenance of so much a greater , and more Honourable Commerce ? No man can perswade himselfe , that the King would refuse the same Countenance and Assistance to the Interest of a Company , wherein the whole State is Concerned , which at this very day his Majesty is pleased to allow in Favour of Particular Merchants . We have seen in times of Warr , what Peyns has been taken for the Providing of our Frontiers ; and a Battail fought sometimes , onely to hinder the taking of a small Town , or to secure a Passe upon a River . Much more then will his Majesty provide for the safety of a Fleet , that has the Prayers and Wishes of all France engaged in the Venture . In a Word ; if Interest and Honour be the most Powerfull Motives of Humane Resolutions ; and the Two Poles upon which are turned the Affaires of Princes , as well as of Private Persons , there can be no Question , but the King will Employ his Power upon all occasions to preserve the Company from danger . For , that it is his Majesties Interest so to do , is clear ; not onely in regard of his Part in the Stock of the Company ; but by reason of the Infinite Number of Merchandizes , and Merchants that this Traffique will draw into the Kingdome , to the great Advantage of the Revenue of his Majesties Farmes , and Customes . So that a man may rationally compute , that The Profit of this Commerce , when it shall be once Established , will be better to the King , then the Two best Provinces in his Kingdome . Nor is it lesse manifest that his Majesty is Engaged in Honour , then in Interest ; since without dispute , it is a point of Honour for a Prince not to suffer his People , to be Crusht in a Designe undertaken by his own Allowance , and Authority . So that to ask , if the King will vigorously maintain us both in Peace , and War , having so many Considerations to engage him to it , would be but a kinde of senselesse , and unmannerly Question . If Necessity , which many times forces great Actions from mean Persons has been able to produce those faire Resolutions , which we admire in our Neighbours : How much more shall the true Love of Glory and Justice operate upon the Soules of Princes . The first are carried on by a kinde of Violence : The other govern their Actions by Choice and Reason . Those at the best , are but wise enough to avoid mischieves ; but these are the Ordinary Instruments of our greatest Good. Let us trouble our selves no further then about our Fleets , since they are under the Care of One of the best Princes of the Universe : and that Miraculous Power , which subjects all other Powers to it self , and attends him where ever he goes , shall Influence our new Navigators , and protect them both against Enemies , and Storms . Neither let it be thought , that the Conquest which we shall make in his Name , will be lesse his Majesties Care , then his other Possessions : or that he will ever endure to have his Lillies torn up , where ever they shall have taken Root . There is a Certain invisible Chain that Lincks together the severall Parts of the World , though never so Remote , when they belong to the same Master : So that 't is not possible to shake the One , without Violence to the Other . It is then upon the Resolution and Power of his Majesty , that we may Confidently repose for the Issue of this Enterprize , which beginning upon a time , when this Great Monarch is in Effect , the Arbitrator of all Europe ; when all Princes make it their Businesse to preserve his Friendship , and avoid his displeasure . What Question is to be made ; but that the Reputation of his Greatnesse will carry Good Fortune and Successe to our Colonies ? Joyn your selves then my Masters , Joyn your selves my Generous Countrymen in the pursuit of a Glorious Discovery , which has onely been kept from you thus long , by our past disorders . A Discovery that shall lead you to Advantages not to be numbred , and which shall yet grow in the Hands of your Posterity . A Discovery in fine , that shall carry the Fame and Terrour of Your Armes into those Quarters of the World , where the French Nation it self was never heard of . No more therefore of these Reproachfull Jealousies , which are so unworthy of your ordinary Courage and Virtue : but go on boldly under the Banner of the Invincible LEWIS , and be assured , that as the Awe , and Reverence , which his Glorious Name Imprints upon Other Nations , leaves you Nothing to feare from Strangers : So from Himself , you are certain to receive all the Comforts of his Goodnesse , Munificence and Protection . Articles , and Conditions , Whereupon the Trading Merchants of this Kingdome do most humbly beseech his Majesty to grant them his Declaration , and the Graces therein contained , for the Establishment of a Company for the Commerce of the East Indies . PARIS . 1664. I. FIrst , that his Majesties Subjects of what Quality or Condition soever shall be Taken into the Company for what Summes they please , without Losse either of Nobility , or Privilege , his Majesty granting them in that Particular his Royal Dispensation : Provided , that under a Thousand Livres no Share shall be Admitted : nor any Augmentations , under Five Hundred ; for the Ease of Accompts , Divisions , and Sales of Actions ; A Third Part whereof shall be paid down presently , and go to the Furnishing of the First Expedition ; and the Two other Thirds within Two years after , by equal Portions , under pain of losing what is already Advanced , to any man that shall fail of paying in his full proportion within the said time : the mony so forfeited remaining to the Benefit , and Stock of the Company . II. That all Strangers ( be they the Subjects of what Prince or State soever ) shall have free Admittance into the said Company ; and such of them as shall have Ten Thousand Livres in the Stock , shall be reputed as Natives without any further need of Naturalizing ; by which means their Kindred though Strangers too , shall have a right of Inheritance to what Estates they shall be possessed of in this Kingdome . III. That no Part or Portion belonging to any Particulars in the said Company of what Nation soever , shall be either Seized by the King , or Confiscated to his Profit ; even although they be the Subjects of some Prince or State in open Hostility against his Majesty . IV. That the Directors of the said Company shall not be molested , either in their Persons , or Estates , for or concerning the Affairs of the said Company : nor shall the Estate of the said Company be liable either to be made over or Seized upon the Accompt of any debt due to his Majestie from any of the Particular Members thereof . V. That such Officers as shall have 20000 Livres in the said Company shal be dispensed their Residence : to which otherwise they are obliged by his Majesties Declaration of December last , at the Treasury-Offices , and other ●laces of their Establishment : enjoying all their Rights , Allowances and Fees , as if they were Present . VI. That all such as shall have to the sum of 6000 Livres in the said Company , shall enjoy the Privilege of Burgers in the Towns where they Live ; unless Paris , Bourdeaux , and Bayonne : in which Places they shall not acquire their Freedome , unlesse they have the Interest of at least Ten Thousand Livres in the said Company . VII . That all such as shall be willing to enter into the said Company , shall be obliged to declare themselves within Six Moneths to Commence from the Reading , and Registring of the Declaration in the Parliament of Paris : after which time no more shall be admitted . And They that shall have furnished their Parts , and declared themselves accordingly , shall have liberty within Three Months after the Registring of the said Declaration to Nominate and Establish one Moyety of the Directors of Paris for the Chamber General of the said Company , and the Rest shall be named within the aforesaid Term of Six Months . VIII . That there shall be established a Chamber of Direction-General of the Affairs of the said Company in the Town of Paris only , to consist of One and Twenty Directors , and no more : Twelve whereof to be of Paris , and the other Nine , of the Provinces ; to be Named and Chosen : That is , the Twelve , by the Persons Concerned in the Town of Paris , and the other Nine by the Interessed Persons in the said Provinces , every one in his Division ; for every Town or Province shall have a Right of Nomination , which shall be Ordered by the Chamber of Direction-General after the settlement of it , in proportion of the Stock that every Town shall have brought into the said Company , or otherwise , as shall be thought Convenient ; and for the future , the Elections shall be always made after this manner . IX . In the mean while , till the said Company shall be Established as aforesaid , for the first time , the said Nine Directors for the Provinces shall be chosen , and named by the Interessed Parties in the said Towns and Provinces Respectively ; ( but Provided , that it may not be drawn into Consequence for the time to come ) That is to say , One from each of the Towns of Rouen , Nantes , St. Malo , Rochelle , Bourdeaux , Marseilles , Tours , Lyons , and Dunkerque , or such other Towns of the Kingdome , as shall have the most Considerable Interest in the Company . And in case , that any of the said Towns shall be found without some Interessed Person in it , there shall be Two named out of such other Town , as shall be Chosen by the Six Directors named for Paris : And it shall be lawfull for the Parties Interessed in each of the said Towns respectively , to name their Caissier for the Receiving of their Moneys , and Remitting them to the Cassier of the Town of Paris ; who shall be named for the first time by the said Six Directors of Paris , and so to continue till the Chambers General shall be Established . X. That none shall be Capable of being Directors , but Merchants Trading , and without Offices , except such of the Kings Secretaries as have dealt formerly in Commerce : Onely it shall be lawfull to admit Two Burgers into the number of the Directors , although they have never meddled with Traffique : Provided , that they be Persons that have no Offices , and that no more be taken into the said Chamber upon any ground whatsoever ; the Company being perpetually to consist at the least of Three Fourths of Negotiating Merchants , and with out Offices : Neither shall any man have a Vote in the Election of the Directors , unlesse he has at least Ten thousands Livres in the Company : Nor be chosen a Director for Paris without Twenty thousand Livres at least ; nor for the Provinces under Ten thousand Livres ; all in the Interest of the said Company . XI . That it shall be lawfull for the Chamber of Direction General to constitute Chambers of Particular Direction , in such Numbers and Places as they shall finde most agreeable to the Interest and Benefit of the said Company ; and likewise to Regulate the Number of the Directers of the said Particular Chambers . XII . That all the Accompts of the Chambers of Direction particular of the Provinces , shall be sent from Six months to Six Moneths , to the Chamber of Direction Generall at Paris ; where the Accompt-Books shall be View'd , Examined , and Stated , and the Profits afterward divided by the said Chamber of Direction General , as they shall think meet . XIII . That the said Chambers of Direction General , and Particular , shall name such Officers as shall be found necessary for keeping the Cash , Books , and Papers of Accompts , for Buying and Selling ; for taking Care of all Provisions , and Equipage ; paying of Wages , and other ordinary Expences every man in his Proper place . XIV . That the First Directors shall continue in Power for the First Seven Years , after which time there shall be Two Changed every Year at Paris , and One in the Other Chambers ; and the First , Second , Third , Fourth , and Fifth Changes of those that go out , shall be made by Lot : And in Case of Death of any of the Directors , within the First Seven Years , the other Directors shall have Power to fill that Vacancy with a new Choice ; and it shall be permitted to Chuse the same Director again , after six Years Respite from the Execution of his Office : Nor shall it be lawfull for Father and Son , or Son in Law ; nor for Brothers , and Brothers in Law to be Directors at the same time ; and his Majesty shall be further supplicated to Confer upon the said Directors Certain Titles of Honour , and Priviledges , that may descend to their Posterity . XV. That the Directors of the said Chambers Generall and Particular , shall Reside by Turns , each man his Month , to begin with the Antientest , in each of them severally . XVI . That the said Chamber of Generall Direction shall be Empowred to make Statutes , and Rules for the Benefit and Advantage of the said Company , which in Case of need shall be most humbly presented to his Majesty for the obteyning of his Royall Confirmation . XVII . That the said Chamber shall make a General Accompt every Six Years , of the Estate of the said Company , and no man shall be suffered to withdraw himself unlesse by the Sale of his Action to some one or other of the said Company , who shall alwayes uphold and maintain the same Right , so that the Stock be not diminished . XVIII . That his Majesty will Grant to the said Company ( to the Exclusion of all other his Subjects ) the Sole Power and Faculty of Traffique and Navigation from the Cape of good Hope throughout all India , and the Eastern Seas : Nay even from the Streight of Magellan , and the Maire throughout the Southern Seas , for the Term of Fifty Years , to begin from the setting out of the First Shipping from this Kingdome ; during which time his Majesty shall be desired expresly to inhibite all other Persons from entring upon the said Voyage , and Commerce ; under p●yn of Forfeiting all their Vessels , Arms , Munitions , and Merchandize , to be applyed to the Profit of the said Company . To which Company his Ma●esty shall grant License to send Gold and Silver as much as shall be thought needfull , both into the Isle of Magdagascar ; and the East-Indies , and other Places of the said Commerce , all Laws and Ordinances to the Contrary notwithstanding . XIX . That his Majesty shall be likewise Requested to grant unto the said Company , the Propriety , and Lordship of all those Lands , Places and Isles , which they shall either gain from the Enemies of his Majesty , or otherwise make themselves Masters of , whether as Abandoned , uninhabited , or in the possession of Barbarians XX. That his Majesty shall comprehend in the said Concession , the Propriety of the Isle of Madagascar , or Saint Laurence , with the Neighbouring Islands , Forts , Habitations and Colonies belonging unto any of his Subjects : Concerning which , his Majesty shall be most humbly desired to permit the Company to come to a fair Treaty , with those who may have formerly obteined the Grant thereof from his Majesty ; or if not , that Commissioners may be appointed for the Examination of the Interest of all Parties therein concerned , for the Indemnisication of the Proprietors , that the Company may quietly enjoy the same . XXI . That the Propriety of the said Isles and things belonging to the said Company , may remain unto them after the Expiration of the Grant , to dispose of according to their own pleasure , and as their proper Inheritance . XXII . That his Majesty shall vouchsafe to Give and Grant to the said Company , over and above the Jurisdictions annexed to the Seignory and Propriety heretofore Granted , for the said Isle of Madagascar and others round about it , full Power and Authority to Establish Judges for the Exercise of Sovereign Justice , throughout the whole Extent of the said Countries , and such other as they shal subject to the Obedience of his Majesty ; even over the French themselves who shall there inhabite ; Provided , alwayes , that the said Company shall name to his Majesty the Persons whom they shall choose for the Exercise of the said Sovereign Justice , who shall swear Allegiance to his Majesty ; and Execute Justice , and Issue out all their Orders and Decrees in his Majesties Name . To which effect , his Majesty ( if he pleases ) shall Empower and Authorize them by Patent or Commission under his Great Seal . XXIII . That for the Execution of Decrees , and for all Acts where his Majesties Seale shall be Necessary , there shall be one Established , and put into the hands of him that shall preside over the said Sovereign Justice . XXIV . That the Officers constituted for the said Sovereign Justice shall be Authorized to Constitute likewise such a number of Subordinate Officers , and in such places as they shall think meet , to be by them supplyed with Commissions under the Name and Seal of his Majesty . XXV . That for Military Command , the said Company shall name to his Majesty a Governour-General of the Country , and of such other Countries as shall be subdued ; whom his Majesty shall be humbly desired to Authorize with a Commission and to receive his Oath of Fidelity . And in Case that the said Company shall not be well satisfied with his Conduct , that they may be at Liberty to name some other , to be likewise Impowred by his Majesty . XXVI . That his Majesty will be pleased to grant to the said Company the Power and Authority of Settling Garrisons in all the Places before-mentioned , and in such other as shall be Conquered or Built ; consisting of what Numbers the Company shall think necessary : and therein to put Arms , Canon , and Ammunition ; and to cast Guns and other Arms in what place soever , and in what Quantity soever they shall think needfull ; with his Majesties Arms Imprinted upon them , and underneath Them , the Arms of the said Company ; which shall be Authorized to provide for the safety of the said places as by them shall be thought Expedient . The Officers and Commanders of the said places to be totally dependent , and put in or out at the pleasure of the said Company ; Provided alwayes , that they shall all sweare Allegiance to the King , and after that , take a Particular Oath to the said Company in Consideration of Trafsique and Commerce . XXVII . That his Majesty shall vouchsafe to Authorize the said Company to send Ambassadours in his Majesties name to the Kings of India , and to Treate with them , either upon Peace , or Truce , or even to Declare War with them , and to doe all other Acts which shall be deemed by the Company to be for the Advantage of the said Commerce . XXVIII . That the Directors of the Chamber-General and Particular shall keep Register-Books of all the Wages and Salaries , which they shall give to their Officers , Servants , Clerks , Work-men , Souldiers and others , which Bookes shall be good Evidence in Court , and serve for the Decision of Questions upon any demand or pretension against the said Company . XXIX . That of all differences that shall arise upon what cause soever concerning the said Company , betwixt Two or more Directors , or Interessed Persons , and any one Particular , touching the Affaires of the said Company , the Circumstances and Dependences shall be judged and determined by the Consulary Justice to the exclusion of all others , whereof the Sentences and Judgments shall be executed Sovereignly and without Appeal , as far as 1500. Livres ; and in Cases of a higher concern , the Judgments and Sentences shall be executed notwithstanding all Oppositions and Appeals whatsoever : The Appeal to be brought before the Ordinary Judges that are Properly to take Cognizance of the matter : to which effect his Majesty shall be desired to Establish the Consulary Justice before spoken of , in the Town where it is not ; and wheresoever else his Majesty shall finde it necessary . XXX . That all Criminal matters wherein any of the said Company shall be a Party , whether as Plaintiff or Defendent , shall be determined by the Ordinary Judges , provided alwayes that for no Cause or Pretext whatsoever , the Criminal shall ever carry along with it the Civill ; which shall be still judged as is aforesaid . XXXI . That his Majesty shall have the goodnesse to promise to the said Company Protection and Defence against all Opposers , and by force of Arms , to maintain them upon all occasions in the entire freedome of their Commerce and Navigation , and see them Repaired in case of any Injuries or Affronts offered them . And in Case further of any designe against the said Company , to appoint them such Convoyes both Forward and Backward , at his proper Charge and Expence , as may be sufficient to secure the Company not onely over all the Coasts of Europe and Africa , but even as far as India it self . XXXII . That his Majesty shall be pleased to Advance at present out of his own Cossers , a Fifth Part of the whole expence for the Three First Expeditions , so that so soon as ever the Person Authorized for the receiving of the monyes shall be named by the Company , his Majesty shall cause to be delivered into his hand Three Hundred thousand Livres , and upon his receiving of Four Hundred Thousand Livres from the Persons Engaged , his Majesty shall cause to be delivered Three hundred thousand Livres more , and so forward to Three Fifths , for the first Year , which comes to one Fifth upon the whole ; ( his Majesty furnishing nothing at all for the Two following years ) by virtue of which Advance his Majesty will give a Foundation to the Establishment of the said Company , which will be of so great Advantage to the State. XXXIII . That his Majesty shall be Graciously pleased to L●nd the said summe to the said Company , without Interest ; and even without any Participation in the said Adventure , his Majesty contenting himself with the Companies Obligation of paying back the said summe without Interest at the end of Ten Years , to reckon from the day whereupon the said Company shall have perfected their First Capital Stock ; and in case that at the end of the said Ten Year , it should appear by a General Accompt then to be made , that the said Company had lost of their Capital , that the whole damage shall fall upon That summe which his Majesty shall have advanced . And his said Majesty shall be most humbly desired upon valuation of the Estate of the Company ( to see whether they have gained or lost ) not to reckon upon Immovables , Fortifications , Cannon and Ammunitions ; and to content himself with such accompt as shall be stated by the Company , without bringing them to any further reckoning before the Chamber of Accompts , or elswhere . XXXIV . That the Merchandises that shall come from the Indies and be consumed in France ; shall pay but half the duties charged upon them by his Majesties Rates , for his Rights of the Five Gross Farms ; which Moyety shall be regulated at so much per Cent ; And for such Commodities as shall be sent into Forreign Countries , or Countries exempt from Custome , whether by Sea or Land , they shall pay no duties at all , either In , or Out : and shall be deposited in their Store-houses of the Customs and Harbours of the Places where they Arrive ; where there are any such ; and where there are none , they shall be Marked with Lead , and laid up , till they are to be taken away , at which places an accompt of them shall be given to the persons Interessed , or to the Clark of the said Five Gross Farms signed by one of the Directors of the said Company : And upon their removal elswhere there shall be an Obligation of bringing back within a Certain time a Receipt with Proof that they are Arrived : And as to Merchandizes unknown , and not as yet Rated , they shall pay Three per Cent. according to the valuation that shall be made of them by the Chamber-General of the said Company . XXXV . That Wood , and other Necessaries for building of the Ships of the said Company shall be Exempt from all duties of Entry ; The Vessells and Merchandizes free from the Duties the of Admiralty and Wood ; and the Munitions of War , Victualls , and other things necessary for Victuallings and Embarquings requisite for the said Company , shall be free from all Rights of In and Out , during the Term of the present Privilege . XXXVI . That his Majesty shall order the furnishing of the said Company for their Provisions and Equipages with the Quantity of a Hundred Measures of Salt , or what other number the said Company shall have occasion for , in the Town of Haure de Grace , by the Hand of the Clerk of the Store of that Town , and at the Merchants Price : provided alwayes , that the Company shall deal fairly in the businesse , without abusing the Grant. XXXVII ▪ That his Majesty shall permit the said Company to settle Ecclesiasticks in the said Isles of Madagascar , and other places where they shall plant themselves , in such Number and of such Quality as the Company shall judge Convenient . XXXVIII ▪ That his Majesty shall be most humbly desired not to grant any Letters of Protection , Respit , Evocation , or Delay , to any that shall have bought the Goods of the said Company , or Sold any thing to their Use and Service , that so the Company may be alwayes in Condition to compel their Debtors to make just payment , according to the Form and Tenor of their Obligations . XXXIX . That his Majesty shall be most humbly desired , to vouch-safe that the Sieurs Pocquelin Pere , Maillet Pere , Ie Brun , de Faverolles , Cadeau , Samson , Simonet , Jabac , & Scot , Merchants ; may present these Articles , and receive his pleasure thereupon : This Establishment being of infinite Advantage both to his Majesties Kingdome , and all his Subjects , who shall redouble their Vows and Prayers for the Long continuance of his Majesties health . XL. That his Majesty be most humbly desired , by the Deputies above-named , to vouchsafe , that in case any thing shall appear to be omitted in these present Articles they may be allowed to deliver Memorialls of them , to what persons he shall be pleased to appoint to make report thereof to his Majesty , and to be made use of in his Declaration which shall be Issued in Consequence of this present Petition . Done and Resolved at the Assembly held by his Majesties Gracious Permission at the House of Monsieur Faverolles , Merchant at Paris , Tuesday May 26. 1664. Examined and Concluded in Our Council , the last day of May 1664. Signed LOVIS and underneath DE LYONNE . FINIS . Notes, typically marginal, from the original text Notes for div A32727-e10750 Allowed . Allowed . Onely putting in Twenty Thousand Livres in stead of Ten. Allowed . Allowed . Allowed . Allowed . Putting 8000 Livres in the First Place and 20000 in the Second . Allowed . Upon Condition that all those that have a mind to engage in the said Company shall declare themselves , and subscribe at the first Assembly ; and at the same time chuse 12 Syadicks to take care of what is to be done in order to the settlement of the Company till the Directors shall be nominated . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed for Fifty Years . The Exporting of Gold and Silver being a Thing never publickly permitted in any State , and yet at present acknowledged to be necessary . It shall be allowed , by a particular Permission , to remain in the Hands of the Directors of the said Company . Allowed . Allowed . Allowed . Allowed : Even to all Priviledges of Justic● & Admiralty in matters concerning the Sea Affairs throughout the whole extent of the said Countries . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed . Provided that the whole Estate of the said Company shall be valued bonâ side by the Chamber of Direction General . Allowed , as to the Exemption of all Duties ; the valuation of commodities unknown , by the Chamber-Generall , and the Regulation of the Rights upon them at three per Cent. And in regard that the discharge of one half of the duties of entry cannot be granted in manner as is desired , for the Reasons which have already appeared upon the debate there shall be allowed instead thereof acertain summ upon the return of each Vessel coming from the Indies , according to the Regulation that shall be made thereupon . Allowed . Allowed . Allowed . Allowed . Allowed . Allowed .