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[Page 7]
This indulgence will at once put the Colony on a most respectable footing in point of Navigation, enable the Colonists to be usefull to themselves & in time advantageous to their Mother Country, & it would will by enabling them to be honest Traders remove all hazard of their becoming Pyrates the fear of which seems to haunt the Court of Directors as the dread of Punishment haunts the nightly hours of a professional malefactor so continualy.
A concession on the Part of the E.I. [East India] Company so honorable, so liberal in the first instance will destroy at once all the obliging arising from the unreasonableness of a monopoly of excluding any their fellow [indecipherable] more Seas in which the [indecipherable] have no reason to Navigate & a Continent they have no wish to explore, a conduct for which they are now daily & hourly reproachd, while it will justify in the eyes of all mankind the most rigorous exercise of their right to confiscate Ship & Cargo, in case any Colonist should hereafter be so imprudent as to pass the Limit of the vast area given up to him for the exercise of his Talents & the Employment of his Commercial Capital. It will give an opportunity to our Countrymen to occupy in succession every desirable situation which might tempt other nations to Colonise & lay the Foundation of a claim which the lapse of Time may hereafter mature if resisting the attempts of other Countries to participate in the Sovereignty of a mass of Land, Great Enemys in point of extent, to satisfy the ambition even of a French Emperor, & it must be rememberd that the district now proposd to be opend to the investigation of British Adventure, is almost as unknown to civilized Nations as an equal portion of the Moon, & probably hides within its broad bosom objects of Commerce, Materials for Manufacture & sources of wealth, of the utmost importance to the future welfare & prosperity of the United Kingdom.
JB.
June 4 1806