In the midst of more urgent cares, he addressed himself to fostering the commercial and naval power. Montmorency then held the ancient charge of Admiral of France. Richelieu bought it, suppressed it, and, in its stead, constituted himself Grand Master and Superintendent of Navigation and Commerce. In this new capacity, the mismanaged affairs of New France were not long concealed from him; and he applied a prompt and powerful remedy. The privileges of the Caens were annulled. A company was formed, to consist of a hundred associates, and to be called the Company of New France. Richelieu himself was the head, and the Marechal Deffiat and other men of rank, besides many merchants and burghers of condition, were members. The whole of New France, from Florida to the Arctic Circle, and from Newfoundland to the sources of the--St. Lawrence and its tributary waters, was conferred on them forever, with the attributes of sovereign power. A perpetual monopoly of the fur-trade was granted them, with a monopoly of all other commerce within the limits of their government for fifteen years. The trade of the colony was declared free, for the same period, from all duties and imposts. Nobles, officers, and ecclesiastics, members of the Company, might engage in commercial pursuits without derogating from the privileges of their order; and, in evidence of his good-will, the King gave them two ships of war, armed and equipped. On their part, the Company were bound to convey to New France during the next year, 1628, two or three hundred men of all trades, and before the year 1643 to increase the number to four thousand persons, of both sexes; to lodge and support them for three years; and, this time expired, to give them cleared lands for their maintenance. Every settler must be a Frenchman and a Catholic; and for every new settlement at least three ecclesiastics must be provided. Thus was New France to be forever free from the taint of heresy. The stain of her infancy was to be wiped away. Against the foreigner and the Huguenot the door was closed and barred. England threw open her colonies to all who wished to enter,--to the suffering and oppressed, the bold, active, and enterprising. France shut out those who wished to come, and admitted only those who did not,--the favored class who clung to the old faith and had no motive or disposition to leave their homes. English colonization obeyed a natural law, and sailed with wind and tide; French colonization spent its whole struggling existence in futile efforts to make head against them. The English colonist developed inherited freedom on a virgin soil; the French colonist was pursued across the Atlantic by a paternal despotism better in intention and more withering in effect than that which he left behind. If, instead of excluding Huguenots, France had given them an asylum in the west, and left them there to work out their own destinies, Canada would never have been a British