"Provided always, and it is here enacted, that no Company, or _particular person or persons_, who shall have a right, in pursuance of this Act, to trade to the East Indies, or other parts within the limits aforesaid, shall be allowed to trade, until _sufficient security_ shall be first given (which the Commissioners of the Customs in England, or any three or more of them for the time being, are hereby authorized and required to take, in the name and to the use of His Majesty, his heirs and successors), that such Company, or _particular persons_, shall cause all the goods, wares, merchandise, and commodities, which shall at any time or times hereafter, during the continuance of this Act, be laden by or for them, or _any of them_, or for their, or any of their accounts, in _any ship_ or ships whatsoever, bound from the said East Indies, or parts within the limits aforesaid, to be brought (without breaking bulk), to _some port of England or Wales_, and _there be unladen and put to land_, &c. And that all goods and merchandises belonging to the Company aforesaid, or _any other traders to the East Indies_, and which shall be _imported into England or Wales_, as aforesaid, pursuant to this Act, shall by them be sold openly and publicly, by inch of candle, _upon their respective accounts_, and not otherwise." Upon this Act of the 9th and 10th of William III. was built, in the following year, that famous Charter of the Company, upon which they rest the weight of their pretensions; and that very Charter, as is here rendered incontestable by the Act itself, comprehended the principle, _of an Import Trade from India to the_ OUT-PORTS _of the kingdom_. The form and condition of the security which was to be given by the out-port merchants, will be found in the Act, 6th Anne, c. 3. entitled, "_An Act for better securing the duties on East India goods_." By that Act, the security to be given was fixed "at the rate of 2500l. sterling for every hundred ton their ships or vessels shall be respectively let for;" and the _only_ restriction imposed upon the import trade from India was, that it should be brought "_to some port in Great Britain_."