THe Kings most Excellent Maiestie , obseruing that in the times of dearth , His louing Subiects , ( especially the poorer sort , ) are pinched with the great want and deere prices of Corne , and that the Treasure of the Kingdome , in those times is much exhausted , in prouiding of Corne from forraine parts ; and againe , that in the times of plenty , the Farmour and Husbandman , by the low prices , and want of vent of their Corne , are hardly able to support their necessary charge , nor the Landlord to vphold his rent : And foreseeing , as well by reason , as by the example of forraine Nations , that these things may not onely in some good measure bee remedied , but also diuers benefits procured vnto the Common wealth , ( as the increase of Tillage , better venting of Our natiue commodities , strength to Our Shipping , and breeding of many Mariners ) by erecting Magazins of Corne , which in times of scarcitie , may serue to keepe downe the price of forraine Corne , and in times of plentie , may keepe vp the price of Our home Corne , at such reasonable rates , as will well mainetaine the Husbandmans labour , and hold vp the Gentlemans rents : Hath commanded the Lords of his Maiesties priuie Counsaile , not onely to take the same into their owne serious consideration , but to vnderstand the opinion of diuers Gentlemen of qualitie and knowledge , and of the ablest , & best experienced Merchants : All which hauing beene carefully , and effectually performed , His Maiestie , vpon deliberate aduice with his priuie Counsaile , hath resolued , and doeth hereby signifie his Royall pleasure , that Magazins of Corne shall , and may bee erected , by such Merchants and others , as shall be willing to aduenture therein , in the Ports , and places hereafter mentioned : That is to say , London , Douer , Portsmouth , South-hampton , Bristoll , Excester , Plymouth , Ipswich , Linne , Yarmouth , Hull , Yorke , Newcastle , Chester , Lerpoole , and Hauerford west , and in all the Shire Townes of the Realme . And to the intent the said Magazins , may be stored with conuenient prouision of Corne ; His Maiestie is pleased , that it shall , and may bee lawfull , to and for any the Merchants , or other the Subiects of this his Realme , to import from forraine parts such quantities of Corne , as to them shall seeme good , to be stored , and laid vp in the said Magazins , paying to his Maiestie onely the Customes and Subsidies due for the same , according to the present Booke of rates , as hath beene heretofore accustomed to be paid , and no otherwise .

And further , that all and euery person , and persons shall , and may , buy and prouide within this Realme , for the storing , and furnishing of the said Magazins , such quantities of English Corne , as to them shall seeme good , at such times onely , as the most vsuall prices of English Wheate shall bee , vnder thirtie two shillings the quarter , English Rie vnder eighteene shillings the quarter , and English Barley vnder sixteene shillings the quarter , respectiuely , in the Counties where the same shall vee bought and prouided . And for the better incouragement of such , as shall aduenture in the said Magazins , His Maiestie is well pleased , that all such forraine Corne , as shall be thither brought , may be freely sold and transported into any the parts beyond the Seas , being in League , or Amitie with his Maiestie , so as , at the time of such transportation , the rate and most vsuall price of English Corne in the three next adiacent Counties vnto the said Magazins , whence such transportation shal be , doe not exceed fortie shillings the quarter of Wheate ; twentie sixe shillings eight pence the quarter of Rie , and twentie shillings the quarter of Barley , respectiuely . But whensoeuer the said seuerall prices of Corne shall exceed the rates last aboue mentioned , then all forraine Corne shall bee stored and kept within the said Magazins , and shall bee sold and vented onely within this Realme , for the prouision of the same , and not else where .

And when as the most vsuall rate of English Corne shall be vnder thirty two shillings the quarter of Wheate , eighteene shillings the quarter of Rye , and sixeteene shillings the quarter of Barley ; Then no forraine Corne shall bee solde within this Realme , for any other purpose and intent , but onely to bee stored , and laid vp in the said Magazins , or to bee transported into the parts beyond the seas , as aforesaid , ( paying the due customes and subsidies for the English Corne ) to the intent , the price of English Corne may bee held vp , at some fitting proportion , for the benefit of the Farmor , and Husbandman , and that such Corne , so to bee transported , may produce , and returne a proportion of Coyne , for the replenishing of the Treasure of this Kingdome . And his Maiesties pleasure is , that no person , or persons , doing any thing according to the tenour of this his Royall Proclamation , shall bee therefore troubled , molested , or disquieted , by any action , suite , or information , vpon any Law , or Statute touching the ingrossing , or transporting of Corne , or other penall Law to that purpose made ; His Maiestie in his grace and fauour to his Subiects , and for the publique good , being contented to dispence with the penalties , and forfeitures thereof , in all the particulars aboue mentioned ; but against all other offenders , not hereby dispenced with , the said Lawes , and Statutes shall be put in exact execution . And his further pleasure is , that all such forraine Corne , for which the dueties first aboue mentioned , shall be paid vpon importation thereof , shall bee freed from the payment of any Custome , Subsidie , or Impost , whensoeuer the same shall bee againe exported by the first importer thereof , or by any other person , whether the property thereof bee altered , or not altered before the exportation thereof . And for auoiding all deceit , and abuse , contrary to the true meaning hereof , His Maiesties will and pleasure is , That no Corne hereafter be transported as forreine Corne , but vpon oath made in the Custome-house of the port , out of which the same shall bee transported , that the same Corne did not grow within this Realme : And that exact Registers , and bookes bee kept in euery seuerall Port , of all Corne , aswell imported , as exported , and of the seuerall quantities thereof , and how much thereof is forraine , and how much English Corne , and by whom the same shall be either imported , or exported , and this to bee done freely without any fee or charge for doing thereof . And that it shall clearely appeare , that His Maiesties intention herein , is onely the good of His Subiects , His Maiesties expresse pleasure , and command is , that all Iustices of Peace , in euery of the seuerall Shires of the Kingdome , shall haue speciall care , that in case any abuse , or inconuenience shall grow by any of these Magazins , then presently to aduertise the Lords of His Maiesties Priuie Councell thereof , that present redresse may be of any inconuenience that shall happen .