History of the State of New York, Vol. I (1609-1691)
The best and greatest oeconomy consists in rendering the Company's servants, high and low, accountable for their respective offices, so that they shall be bound to vindicate the same, and to send over to the Chamber of Accounts their written return within one month after the expiration of the year, to be examined, balanced and corrected, according to their respective commissions, for the settlement of the same ; which, up to the present time, has not been done either at home or abroad according to order. Thereby has the Company got into this desolate condition. 2° The second means is, that the Chambers be disposed to forthwith undertake their eighteen turns a year, according to the regulation of the 29"" April, 1G38, lying in your High Mightinesses' office, and send to Brazil the ships thereunto required ; and this in conformity to the agreement entered into between the Chambers, at the Hague, on the sixth July, 1647. And the better to attract provisions and other necessaries to Brazil, the freights ought to be reduced one-third for the first two months, and afterwards one-fourth for the two succeeding months. The duties on the goods might be left provisionally, at their present rates. It is necessary that there be added to the turns in rotation, two Galiots at Land's end, to
convey hither the advices respecting, and from, Brazil during the employment of the Military for the recovery of that place. 3. The third means is, that an effort be made to promote trade to the Caribbean islands, according to the regulation concluded thereupon, and as it is hoped three or four tons of gold will be yearly realized from such trade, that the proceeds be applied to the interest of the principal and obligations which have been raised in ready money for the Company.