SOME REMARKS Upon the PRESENT STATE OF THE East-India Company's Affairs: WITH REASONS For the speedy Establishing A New Company, To Regain that almost Lost TRADE, Which is Computed to be in Value and Profit one full Sixth Part of the Trade of the whole Kingdom.  
LONDON: Printed in the YEAR, 1690.   

SOME REMARKS Upon the PRESENT STATE OF THE East-India Company Affairs, etc.  
I Shall not here go about to rake into all the Miscarriages of the East-India Company, and consequently Misfortunes of the Nation, but only touch upon, and date them, from the time that the Stock and Sir Josiah Child were at their greatest height and prosperity, in the Year 1682. When on a sudden he forsook all his old Friends that first introduced him, with great difficulty, into the Committee, and afterwards raised him to the Honour of Governor, throwing them totally out of the Management, as Sir Samuel Bernardiston, Sir John Mordent, Sir Matthew Andrews, Sir Humphrey Edwin, Thomas Papillon, Charles Thorold, John Page, and Tho. Canham, Esquires, for not yielding and complying with his new Projects, which were foreseen by his said Friends and others, to be fatal and destructive: But he was deaf to their Advice, betaking himself to new Counsellors that were very ignorant in the Trade. And having strengthened himself with his new Party, he proceeded afterwards to cast off Sir John Banks, Sir Jeremy Sambrooke, Sir Tho. Daval, Major Robert Thomson, Edward Rudge, and Coll. Clarke, with others, who had long Experience in that Trade, some of whom went too far with him, and many of them did afterwards fall under his Misrepresentation at Court as being Illaffected to the Government for Selling and Lessening their Stocks, and not Joining in Matters that the Law would not justify; so that these Gentlemen, or so many of them that stood in his way, being removed, the Great Ministers and Chief Men at Court fell in with Sir Josiah, not doubting, but to have found a sufficient Fund for carrying on any public Design either of War or otherwise: And by his great annual Presents, he could command both at Court and in Westminster-Hall what he pleased; and thereupon a great Fleet was prepared with Soldiers and all other Warlike Preparations; sometimes giving out, It was against the Dutch, which Affair was managed and consulted by Sir Josiah and a private Committee, although those Worthy Gentlemen of the said Committee often declared they knew very little or nothing of what was transacted: But in the end, the hopeful Treaty that was then on foot in London by Commissioners appointed from Holland for restoring and making satisfaction for Bantam was rejected, and new Measures taken, to the great surprise of the Dutch Nation, and the considering Men amongst ourselves, who had any cognizance of the Affair: Till at last (Matters being not yet ripe abroad to fall upon the Protestants) all this Warlike Preparation ended in a War with the Great and Mighty Emperor the Mogul and the King of Syam.  
THIS Storm thus falling upon the Mogul and the good King of Syam, our Ships were employed in India for the taking and seizing of all their, and their Subjects, Ships and Estates, even those in our Ports at Bombay, though they had our Factor's Passes for security, without either Declaration of War, or Demand first made, which hath occasioned such a Confusion and Disorder (besides the great Diminution of the Nations Honour) that all our many beneficial Settlements are ruined, the Fruit of which we had but yet begun to taste, especially in the Bay of Bengall, which is the greatest and richest Province in any known part of the Universe, being subject to the Nabab or Chief Governor under the Mogul. And in the space of about 23 Years, our Trade in that Province alone, hath advanced from 8000 l. to upwards of 300000 l. per annum, and had not this pernicious War intervened, it might have been by this time carried on much further by a prudent Conduct, to the great Honour and Advantage of the Nation. But when our last Advices came from those Parts, by the Ship Rochester, Affairs were there in greater Confusion and Disorder than ever, occasioned by fresh Descents and Depredations that had been committed under the conduct of Captain Heath; so that the Breach is now much wider (notwithstanding at the last Sessions of Parliament, Sir Josiah Child had the assurance to declare at the Bar of the Honourable House, That a Peace was actually concluded.  
THIS being the present sad Condition of that important Trade, which will be irretrievably lost, if some speedy and proper Remedies be not applied to regain and settle it. 'Tis therefore humbly hoped our Honourable Representatives will think it worthy their Regard: And the zealous desire I have to see it thrive and flourish, prompts me to offer my private Thoughts concerning the most suitable Methods for the Establishing it, to the Honour and Interest of the Nation.