When the Goldsmith desireth to finde the certaine goodnesse of a piece of golde, which is newly offered vnto him, he presently bringeth the same to the touchstone, where by comparing the shewe or touch of this new piece with the touch or shew of that which he knoweth of old, he forthwith is able to iudge what the value is of that, which is newly offered vnto him. After the example whereof I haue thought it good to make some briefe repetition of the particular estate of many other forren voyages and trades already frequented and knowen vnto vs, whereby we may be the better able to conceiue and iudge what certaine likelihood of good there is to be expected in the voyage, which is presently recommended vnto your knowledge and resolution. And first to lay downe that of Moscouia, whose beginning is yet in the remembrance of many: It is well knowen, that what by the charges of the first discouery, and by the great gifts bestowed on the Emperour and his Nobilitie, togither with the leud dealing of some of their seruants, who thought themselues safe enough from orderly punishment, it cost the company aboue fourescore thousand pounds, before it could be brought to any profitable reckoning. And now that after so long a patience and so great a burthen of expences, the same began to frame to some good course and commoditie: It falleth to very ticklish termes, and to as slender likelihood of any further goodnesse, as any other trade that may be named. For first the estate of those Countreys and the Emperours dealings, are things more fickle then are by euery body vnderstood. Next, the Dutchmen are there so crept in as they daily augment their trade thither, which may well confirme that vncertainty of the Emperours disposition to keepe promise with our nation. Thirdly, the qualitie of the voyage, such as may not be performed but once the yeere. Fourthly, the charges of all Ambassadours betweene that Prince and her Maiesty, are alwayes borne by the merchants stocke. And lastly, the danger of the king of Denmarke, who besides that presently he is like to enforce a tribute on vs, hath likewise an aduantage vpon the ships in their voyage, either homewards or outwards whensoeuer he listeth to take the opportunitie. The badde dealings of the Easterlings are sufficiently knowen to be such towards our merchants of that trade, as they doe not onely offer them many iniuries ouerlong to bee written, but doe seeke all the meanes they can, to depriue them wholy of their occupying that way: and to the same purpose haue of late cleane debarred them their accustomed and ancient priuiledges in all their great townes.