PROPOSALS FOR A more Beneficial and Equal Establishment of a Regulated Company to carry on the Trade to the East-Indies.  
THat a Company be Established by the Name of The Adventures to East-India, who shall have Power every Year to choose from among themselves a Governor, Deputy-Governour, and Twenty Four Assistants, together with a Treasurer, etc. That whosoever pleaseth may at all times become a Member or Freeman of the said Company, paying for his Admittance 5 l. (more or less) as shall be thought fit.  
That every Freeman of the said Company shall have liberty to Trade to any part of the East-Indies, when, and how, and for as much as he pleaseth; paying to the Treasurer of the said Company Four per Cent. on all Goods and Merchandizes Imported from India, which shall be Esteemed or Termed a single Duty.  
That the Money Paid by every Member of the said Company for his Freedom, and the Four per Cent. paid by all on the Goods they Import, shall be the Stock of the said Company.  
That the said Stock of the Company shall be Employed and Disposed by the Court of Assistants for the Payment of the Present company for their Forts, etc. And for Maintaining an Ambassador at the Court of the Great Mogul, and Consuls in the Principal Places of Trade, and all other Public Charges that shall be found Necessary for the better carrying on the Trade.  
That over and above the foresaid single Duty of Four per Cent. on all Goods imported, the Governor, Deputy, and Court of Assistants, shall have Power to raise half Duty more, or Double the Duty, according as the Occasions of the Company may from time to time require.  
The Advantages of a Company thus Regulated, above that of a Joint-stock, Viz.  

I. The Mischief as well as the Wrong of a Monopoly will be prevented, and every One will have Freedom to Trade as he sees fit, whereby the Trade will be extended to many Places yet unfrequented; for it will be a great Incitement to Industry and Diligence, when every Man may reap the Fruits of his own Labours.  
II. Greater Quantities of our Manufactures will be Exported, and the makers of them not necessitated to Sell them to Loss, as they often are, when there is but one Buyer; and contrarily Commodities of the Growth and Manufacture of India will be imported more plentifully, and sold cheaper.  
III. By such an Establishment many of the younger Sons of Gentlemen will have Opportunity of credible and advantageous Employments, both at home and abroad.  
iv The Revenues foe the Crown, and our Navigation will be hereby very much increased.  
V It will most effectually prevent the Mischiefs that may arise to the Trade of this Nation from the late Act of Parliament in Scotland, for Erecting an East-India Company.