The part of Champlain in these transactions {74} is very conspicuous, and justly so. There was no advantage in being viceroy of Canada unless the post produced a revenue, and before the viceroy could receive a revenue some one was needed to organize the chief Laurentian traders into a company strong enough to pay Soissons or Conde a substantial sum. Champlain was convinced that the stability of trade (upon which, in turn, exploration depended) could be secured only in this way. It was he who memorialized President Jeannin[2]; enlisted the sympathy of the king's almoner, Beaulieu; appealed to the royal council; proposed the office of viceroy to Soissons; and began the endeavour to organize a new trading company. Considering that early in 1612 he suffered a serious fall from his horse, this record of activity is sufficiently creditable for one twelvemonth. Meanwhile the Indians at Sault St Louis grieved at his absence, and his enemies told them he was dead. [Illustration: HENRI DE BOURBON, PRINCE DE CONDE, VICEROY OF NEW FRANCE. From Laverdiere's _Champlain_ in M'Gill University Library.] It was not until 1614 that the new programme in its entirety could be carried out. {75} This time the delay came, not from the court, but from the merchants. Negotiations were in progress when the ships sailed for the voyage of 1613, but Champlain could not remain to conclude them, as he felt that he must keep faith with the Indians. However, on his return to France that autumn, he resumed the effort, and by the spring of 1614 the merchants of Rouen, St Malo, and La Rochelle had been brought to terms among themselves as participants in a monopoly which was leased from the viceroy. Conde received a thousand crowns a year, and the new company also agreed to take out six families of colonists each season. In return it was granted the monopoly for eleven years. De Monts was a member of the company and Quebec became its headquarters in Canada. But the moving spirit was Champlain, who was appointed lieutenant to the viceroy with a salary and the right to levy for his own purposes four men from each ship trading in the river. Once more disappointment followed. Save for De Monts, Champlain's company was not inspired by Champlain's patriotism. During the first three years of its existence the obligation to colonize was wilfully disregarded, while in the fourth year the treatment accorded {76} Louis Hebert shows that good faith counted for as little with the fur traders when they acted in association as when they were engaged in cut-throat competition.