But if it should be thought too burdensome for a company in so flourishing a condition, and consequently engaged in so extensive a commerce as the East India Company is, to undertake such an expedition, merely to serve the public, promote the exportation of our manufactures, and increase the number of industrious persons who are maintained by foreign trade; if this, I say, should be thought too grievous for a company that has purchased her privileges from the public by a large loan at low interest, there can certainly be no objection to the putting this project into the hands of the Royal African Company, who are not quite in so flourishing a condition; they have equal opportunities for undertaking it, since the voyage might be with great ease performed from their settlements in ten months, and if the trade was found to answer, it might encourage the settling a colony at Madagascar to and from which ships might, with the greatest conveniency, carry on the trade to New Guinea. I cannot say how far such a trade might be consistent with their present charter; but if it should be found advantageous to the public, and beneficial to the company, I think there can be no reason assigned why it should not be secured to them, and that too in the most effectual manner.
A very small progress in it would restore the reputation of the company, and in time, perhaps, free the nation from the annual expense she is now at, for the support of the forts and garrisons belonging to that company on the coasts of Africa; which would alone prove of great and immediate service, both to the public and to the company. To say the truth, something of this sort is absolutely necessary to vindicate the expense the nation is at; for if the trade, for the carrying on of which a company is established, proves, by a change of circumstances, incapable of supporting that company, and thereby brings a load upon the public, this ought to be a motive, it ought, indeed, to be the strongest motive, for that company to endeavour the extension of its commerce, or the striking out, if possible, some new branch of trade, which may restore it to its former splendour; and in this as it hath an apparent right, so there is not the least reason to doubt that it would meet with all the countenance and assistance from the government that it could reasonably expect or desire.
If such a design should ever be attempted, perhaps the island of New Britain might be the properest place for them to settle. As to the situation, extent, and present condition of that island, all that can be said of it must be taken from the account given by its discoverer Captain Dampier, which, in few words, amounts to this: “The island which I call Nova Britannia has about 4 degrees of latitude, the body of it lying in 4 degrees, the northernmost part in 2 degrees 30 minutes, and the southernmost in 6 degrees 30 minutes. It has about 5 degrees 18 minutes longitude from east to west; it is generally