shall provisionally be the staple of all produce and wares accruing on the North river and the country thereabout, before they can be sent further, except those which by nature itself are useless there, or cannot be brought there except with great loss to the owners, in which case the latter shall be bound to give timely notice of such inconvenience to the Company here, or to the Governor and Council there, that it be provided for, according as the circumstances sliall be found to require.

All Patroons, Colonists and inhabitants there, as well as the stockholders in the Company here, shall be privileged to sail and trade to the entire coast, from Florida to Newfoundland, on the following conditions: First, that all goods which will be sent hence for sale there, whether freighted by the Company,

or by Colonists, or the stockholders themselves, must be brought into the Company's stores for for inspection and payment of the proper duties, to wit: ten per cent on the cash cost of the article here, besides convoy-freight and average, an agreement being made for the freights of

what may be sent in the Company's ships; and bulk will not be allowed to be broken any where except at the Manhattes, or such place as the Company here may order, so as to be at liberty, after proper inspection of their loading and the entry thereof, to depart to whatever place they think proper.

And on the other wares which will be sent thence hither, shall be paid here, over and above the convoy duty granted by the State to the Company, five per cent, according to the valuation to be made here, on such penalty as aforesaid but an agreement must be made ;