WHereas vpon the humble complaint of the Gouernour , and Company of Merchants of London , trading to the East Indies , It hath pleased His Maiestie by His Royall Proclamation , straitly to prohibite all priuate , or vnderhand Trading , either to , in , or from the said Indies , otherwise then shall be allowed and licensed by the said Company , for the important causes and reasons therein at large expressed , and vnto which in all occasions , relation must and may be had .

The said Gouernour and Company , for the better encouragement of all such persons as now are , or hereafter shall be employed by them in their Ships and Voyages , as Commanders , Factors , Captaines , Masters , Officers , Mariners , or Souldiers , and notwithstanding the extraordinary great Wages , which they are accustomed to pay in their imployments , the sayd Company is also content , and doth hereby declare , and giue licence vnto all , and euery person or persons aforesaid , to aduenture and trade for their proper and priuate Accompts , either to , in , or from the said Indies , vpon Shippe or Shippes , wherein they or any of them are , or shall be personally imployed in such Wares and Merchandize onely , as here vnder are expressed , both for the quantitie and quality of the same .

But for Cloth , Kersies , Lead , Tinne , and all other Wares whatsoeuer , not mentioned , as aboue written , either Natiue or Forreigne , seruing for the Voyages , into the sayd Indies , or for the relading of the sayd Shippes from thence into Europe , they are wholly reserued to the onely vse , accompt , and aduenture of the said Company .

And it is further declared , that each particular man imployed in the Voyage , as afore written , may lade and aduenture , for his owne priuate and proper accompt , in the Wares and Merchandize afore written , and not otherwise , so much onely as can be packed in one Chest of foure foote long , one foote and a halfe broad , and one foote and a halfe deepe , and to the Commanders , Factors , Captaines , Masters , Pursers , and Masters Mates of euery Shippe , is granted a double proportion , that is to say , two Chests of the said length , depth , and breadth , vpon such conditions , for the lading and vnlading of all the said Goods in the places appointed , as are contained in the said Proclamation .

And the said Companie doe further promise , that they will not demand , or take any Freight for the Merchandize which shall be laden or reladen in their Shippes , as afore written , but will freely giue and bestow the same , to each particular man in their proportions , although it will amount to a great summe of Money in euery Voyage of this nature , where the Freight cannot be valued lesse then forty pounds sterling for euery Tonne .

Lastly , the said Company doe in like manner grant and licence the sayd proportion of priuate Trading , and no more , to each particular man , as aforesayd , from Port to Port in the East Indies , in whatsoeuer kinde of Merchandize , excepting onely those sorts of Commodities , which at any time hereafter shall be laden for the Accompt of the sayd Company in the same Shippes , where any such priuate Trade shall bee permitted , after Warrant first obtained vnder hand writing , from the Presidents , or other chiefe Factors , which mannage the Affaires of the sayd Company , in the respectiue places of the East Indies , that so all may bee done and performed according to the tenor and true meaning of these Orders , declared and published in the House of the said Company here in London , and in other conuenient places , and sent likewise vnto all their Factories in the East Indies , together with His Maiesties sayd Proclamation to preuent ignorance in any person or persons to whom it may or shall appertaine .