“If they will go toward the Orient, they shall enjoy the regions of all the Tartarians that extend toward the midday, and from thence they may go and proceed to the land of the Chinas, and from thence to the land of Cathaio Orientall, which is, of all the mainland, most orientall that can be reckoned from our habitation. And if, from thence, they doe continue their navigation, following the coasts that returne toward the Occident, they shall fall in with Malaca, and so with all the Indies which we call oriental, and following the way, may returne hither by the Cape of Buona Speransa, and thus they shall compasse the whole worlde. And if they will take their course, after they be past the Pole, toward the Occident, they shall go in the backeside of the new foundland, which _of late was discovered by your Grace’s_ subjects, until they come to the backeside and south seas of the Indies Occidental. And so continuing their voyage, they may return through the Strait of Magellan to this countrey, and so they compasse also the world by that way; and if they go this third way, and after they be past the Pole, goe right toward the Pole Antarctike, and then decline towards the lands and islands situated between the Tropicks, and under the Equinoctiall, without doubt they shall find there the richest landes and islands of the world of golde, precious stones, balmes, spices, and other thinges that we here esteeme most; which come out of strange countries, and may return the same way. “By this it appeareth, your Grace hath not onely a great advantage of the riches, but also your subjects shall not travell halfe of the way that other doe, which goe round about as aforesayd.” Mr. Thorne further explains that as the Spaniards and Portuguese had found a way by the south to the rich lands of the East, and had thus gained a material advantage over English traders, his Majesty ought not to rest until a way was found by the north, “because the situation of this your realme is thereunto nearest and aptest of all other; and also for that you _have already taken it in hand_.[66] And in mine opinion it will not seeme well to leave so great and profitable an enterprise, seeing it may so easily, and with so little cost, labour, and danger, be followed and obtayned.” “The labour is much lesse,” he goes on to say, “yea, nothing at all where so great honour and glory is hoped for; and considering well the courses, truly the danger and way, shorter to us than to Spain or Portugal, as by evident reasons appeareth.” [Sidenote: Sebastian Cabot becomes Pilot-Master in Spain, 1518,]