William Phips letter to William Blathwayt, 1693 October 3

Recto

My other letter gives you an account of the peace with
our Easterne Indians with a Coppy of the articles.
and this is to acquaint you that thereby wee have an op=
pertunity put into our hands which, (if Embraced) will bee
of Considerable advantage. It is by the Beaver and Peltry
trade with those Indians which I know will bee worth
two thousand pounds per anno: (all charges deducted) if not
much more. I present to your consideration as
Followeth.

If you will procure for mee their Majesties
letters Patteients for that Trade I will make over the one
halfe thereof to yourselfe. The stock will bee five
hundred pounds by each of us which will bee Doubled the
First year out of which your principall shall bee returned
for England and the remaineing five hundred pounds
will bee a sufficient stock for carrying on the Trade which
will thenceforth produce a Contant pure gaine one
halfe whereof will bee every year returned unto you
and the other remain for a New Stock, The argum=
=ents for it are Such as you will see in the inclosed Peticion
to the Kings Majestie which, if you think convenient I desire
you will bee pleased to make use of in my behalfe, as alsoe
that for my Sallary if it bee necessary; and likewise, I
intreat you to present unto his Majestie the Enclosed letter
I should not addresse the Kings Majestie imediatly were it not
upon such an extraordinary occassion, and that I know
your delivering this letter and speakeing favourably of mee
to his Majestie will Render it acceptable.

Boston in New England
the 3d: October 1693/

[Verso]

New England
[illegible] 3 October: 1693
From Sir William Phips
Received 28 December: 1693

Proposall about the Beaver
trade
Desires his Petition about it may
be [illegible]
And his letter to the King