of your gallies, that from
hencefoorth they would suffer vs to vse our traffique with sixe ships
yerely into Turkie vnto the dominions of the Grand Signor in peace and
safetie, that they do not withstand those our said priuileges, euery one of
our foresaid ships carying with them a passeport of his most high and most
mightie maiestie to be knowen by. And for that your so singular fauour and
curtesie which in so doing we shall receiue, we on our part with all
bounden duetie vnto your highnesse, will seeke to honour you in that
behalfe, according as the sayd Master Iohn Tipton (to whom wee referre our
selues touching all other circumstances) shall more at large informe your
highnesse, whose most excellent person and estate, we pray and beseech
Almighty God to prosper and increase with all felicitie and honour. From
the Citie of London, the 20. of Iuly, 1584.

At the seruice of your highnesse, for and in the name of our whole company
trading into Turkie, I Maior of London. Edward Osburne.

* * * * *

Notes concerning the trade of Alger.

The money that is coined in Alger is a piece of gold called Asiano, and
Doublaes, and two Doublaes make an Asiano, but the Doubla is most vsed, for
all things be sold by Doublaes, which Doubla is fiftie of their Aspers
there.

The Asper there is not so good by halfe and more, as that in
Constantinople; for the Chekin of gold of the Turkes made at Constantinople
is at Alger worth an 150 Aspers, and at Constantinople, it is but 66.
Aspers.

The pistolet and roials of plate are most currant there.

The said pistolet goeth for 130. Aspers there: and the piece of 4 roials
goeth for 40 Aspers, but oftentimes is sold for more, as men need them to
carie vp into Turkie.

Their Asianos and Doublaes are pieces of course gold, worth here but 40. s.
the ounce, so the same is currant in no place of Turkie out of the kingdom
of Alger, neither the Aspers, for that they be lesse then others be, for
they coine them in Alger.

The custome to the king is inward 10. per centum, to the Turke, to be paid
of the commoditie it selfe, or as it shall be rated.

There is another custome to the Ermine, of one and an halfe per centum,
which is to the Iustice of the Christians: the goods for this custome are
rated as they are for the kings custome.

Hauing paid custome inwards, you pay none outwards for any commoditie that
you doe lade, more then a reward to the gate keepers.