Company Undertaking for a South Sea Fishery Trade
This letter argues a Company should fit out 10 ships for a fishery trade with minimal import costs, claiming private buyers face higher expenses. It cites low embedded costs, long vessel life, avoidance of ambassadors and captains, and Parliament’s remit to promote the fishery. It counters objections that the capital is too large or profits insufficent, urging public support and noting royal-charter backing.