and cause their accounts here, or in Brazil, or other places, to be charged with such fine, and allow them to receive so much the less returns; or, on the commission of grave faults and negligences, to speak personally to the Directors, who are guilty thereof; which Board, as possessing constant knowledge of the affiiirs, must also summon the Assembly of the XIX., on points to be drawn up by it, giving timely notice thereof both to the presiding and other

240 NEW- YORK COLONIAL MANUSCRIPTS.

Chambers, in order to receive their opinions and embody these in the points of reference, if necessary, that all the members may be notified and instructed thereupon, so as to afford satisfaction to others, without referring to, or delaying for, their Chamber, whereby many good things are left unexecuted. In like manner, in order to dispose more promptly of the business of the XIX., two persons, members of the Board, ought to appear at each meeting of the Assembly of the XIX. with mere advisory voice, for the purpose of reporting to, and advising the XIX. on what passes ;

to obviate stindry disputes between the Chambers and the better to have the orders and resolutions to be adopted by the XIX. executed conformably to their intention. By this means frequent and lengthy sessions of the XIX., at vast expense to the Company, might be dispensed with, and these need not be held more than once, or at most, twice a year, for which time all business should be prepared by the aforesaid permanent Board, and full information and explanation given of the circumstances of the foreign conquests, as well as of the state of the receipts and expenses, and the entire condition as well of the general Company as of each particular Chamber.Thus all inequality and disproportion between these is remedied, and principally the troubles and canker of jealousy among the Chambers removed or diminished ;