From Juan Fernandez to Van Diemen’s Land is not above two months’ sail; and a voyage for discovery might be very conveniently made between the time that a squadron returned from Juan Fernandez, and another squadron’s arrival there from hence.  It is true that, if once a considerable settlement was made in the most southern part of Terra Australis, the company might then fall into a large commerce in the most valuable East India goods, very probably gold, and spices of all sorts:  yet I cannot think that even these would fall within the exclusive proviso of their charter; for that was certainly intended to hinder their trading in such goods as are brought hither by our East India Company; and I must confess I see no difference, with respect to the interest of that company, between our having cloves, cinnamon, and mace, by the South Sea Company’s ships from Juan Fernandez, and our receiving them from Holland, after the Dutch East India Company’s ships have brought them thither by the way of the Cape of Good Hope.  Sure I am they would come to us sooner by some months by the way of Cape Horn.  If this reasoning does not satisfy people, but they still remain persuaded that the South Sea Company ought not to intermeddle with the East India trade at all, I desire to know why the West India merchants are allowed to import coffee from Jamaica, when it is well known that the East India Company can supply the whole demand of this kingdom from Mocha?  If it be answered that the Jamaica coffee comes cheaper, and is the growth of our own plantations, I reply, that these spices will not only be cheaper, but better, and be purchased by our own manufacturers; and these, I think, are the strongest reasons that can be given.

If it be demanded what certainty I have that spices can be had from thence, I answer, all the certainty that in a thing of this nature can be reasonably expected:  Ferdinand de Quiros met with all sorts of spices in the country he discovered; William Schovten, and Jacques le Maire, saw ginger and nutmegs; so did Dampier; and the author of Commodore Roggewein’s Voyage asserts, that the free burgesses of Amboyna purchase nutmegs from the natives of New Guinea for bits of iron.  All, therefore, I contend for, is that these bits of iron may be sent them from Old England.

The reason I recommend settling on the south coast of Terra Australis, if this design should be prosecuted, from Juan Fernandez, rather than the island of New Britain, which I mentioned before, is, because that coast is nearer, and is situated in a better and pleasanter climate.  Besides all which advantages, as it was never hitherto visited by the Dutch, they cannot, with any colour of justice, take umbrage at our attempting such a settlement.  To close then this subject, the importance of which alone inclined me to spend so much of mine and the reader’s time about it: