24. I do not dwell so much as I might on this last difficulty, because it seems to me that what I have said is alone sufficient for taking the necessary precautions. As little will I take time to enumerate the advantages which would result to his Majesty from committing to the aforesaid company the government, management, and social order of these islands, with the obligation to maintain them with sufficient forces--for this purpose, [the crown] making over to it the tributes and the royal duties, and the company furnishing some amount to the royal revenues in acknowledgment of the [royal] authority, during the time while this sort of treaty or contract should last; on this subject, I could divulge something, if I did not realize the great difficulties therein. 25. Besides this, I consider that if his Majesty place these towns and islands under the plan that I have proposed, they can bring together their considerable military forces for the furtherance of the said company, and for such assistance as it may find necessary--so that the king may increase his royal revenues and the company save much expense, which will redound in material gains to its commerce, and to obvious damage to that of the foreigners. 26. By granting to the company the privilege of proposing [the names of] persons whom it considers trustworthy, to serve in the office of alcalde-mayor for the provinces where it will have its manufactures, cultivation of crops, or operation of mines, all possible advancement will be rendered easy, and the royal exchequer will preserve the royal revenues, by means of the said persons, for whom security will be given by the said company or its directors; and even the tributes of various provinces could be arranged, by agreement, with evident advantage and benefit to the royal exchequer. 27. Finally, all matters must be regulated on a very substantial basis--questions of government, the cases in which preventive measures must be taken, the protection of the company, and the powers which must be granted to it, as will be unavoidable in order to obviate uncertainties and injurious dissensions, in regard to which suitable advices will be given on the proper occasion. Chapter Seventh: Of the suitability of Panama and Portovelo, in case the navigation via Cape Good Hope be impracticable. 1-2. [Viana briefly restates some of the conclusions reached in foregoing chapters, and proceeds to consider the possibility of the route via the Cape of Good Hope proving impracticable, in which case he proposes as an alternative the route via Panama.]