First , SUch a Company would be a great Monopoly , which hath always been justly Odious in the Eyes of the Law ; for there would be in such a Case but one Buyer of all the English Manufactures sent to India , and but one Seller of the Commodities from thence .

Secondly , This will give such a Company opportunity to buy the English Commodities cheap , and to sell the Forreign imported Commodities dear , both which are to the Detriment of England . But on the contrary , the more Buyers there are of English Commodities , and the more Sellers of Forreign , the first will be sold the dearer , and the latter the cheaper : And to have Forreign Commodities cheap , and our own dear , will by all Men be allowed to be our Advantage .

Thirdly , If all were admitted to Trade thither , the Trade would be much enlarged , the Industry of particular Persons would find our more Places of Trade , ( when themselves shall reap the benefit of their own Acquisitions ) which a Company with a Joynt-Stock will not be enduced to do , because they can get as much by a small Trade as by a greater .

Fourthly , It seems against Common Justices , and the Birth-right of English-men , to exclude any of them from so great a part of the Trade of the Nation , and that Bristol , Exeter , Plymouth , Hull , Yarmouth , &c. should not Trade to the East-Indies from their own Ports as well as from London ,

Fifthly , The Dutch do indeed Trade with a Joynt-Stock , but they give Liberty to their own Subjects to Import all sorts of East-India Goods into their Countrey from England , or any other parts , except India : Whereas by the Act of Navigation , no East-India Goods may be brought into this Kingdom but directly from thence . So that it will be in such a Companys Power to make us pay what they please for their Imported Commodities , without any Remedy against it , which makes it plain that the Subjects of England will then be in a far worse Condition than those of Holland are under their Company .