The original plan of the new fishery association was drawn up by Secretary Coke and was submitted to a meeting held at Suffolk House on 29th November 1629. The two main points for consideration were: how they should obtain command of the fishery and be able to supply both themselves and foreign people, and how to find a “vent” for the fish taken and encourage merchants to purchase and export them. With regard to the first point, Coke said that to command and govern the whole fishing so as to make it a foundation of wealth to the kingdom, “equal to the Indies,” as it was then to the Hollanders, would require not fewer than 1000 busses, the cost of which would exceed £800,000. This, he admitted, would be a work of time, and he proposed, for a beginning, that timber should be felled in England, Scotland, and Ireland so as to be seasoned for the construction of 200 busses in the following year--40 in Scotland, 40 in Ireland, and 120 in England. Meanwhile, for the year beginning in January 1630, he recommended that ten or twelve busses should be bought in Holland, six Dutchmen to serve in each for the year; and that the necessary salt and timber for casks for curing the herrings should be got at Dunkirk from the prizes taken from the Dutch. As the cost of ten new busses built in England, fully equipped, would amount to £8390, including the cost of maintenance for four months, the plan suggested would be the best, and it was proposed to raise the money required by the “contributions of such adventurers as may be persuaded upon hope of the gains and by privileges from his Majesty.” It was intended that the busses should fish along with the Dutch on the east coast, beginning like them at Bressay Sound, Shetland, on 23rd June, and the herrings were to be put ashore to be repacked, after the Dutch method, at Aberdeen, Tynemouth, and Yarmouth. Supplementary to the busses, it was proposed to have six “doggers” to fish for cod and ling at Orkney and Shetland in the spring. With respect to the second head, the prospect of obtaining markets for the produce, Coke said that English fishermen did not catch above 2000 lasts of herrings in a year, of which not more than 1000 lasts were consumed in England;[401] and he calculated that the ten busses would catch another thousand lasts, which he thought might be mostly exported to Prussia and along the German coast. The first step in carrying out the scheme was to form a company to raise a capital of about £11,000 or £12,000, and a committee was appointed for the purpose.[402]