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[354] the prayers and guided by the advice of
Chap. IX.} 1629.
Archer and Nye, two faithful ministers in London. Of the old stock of the company, two thirds had been lost; the remainder, taken at its true value, with fresh sums adventured by those that pleased, formed a new stock, which was to be managed by ten undertakers, five chosen out of adventurers remaining in England, and five out of the planters. The undertakers, receiving privileges in the fur trade and in transportation, assumed all engagements and charges, and after seven years, were to divide the stock and profits; but their privileges were not asserted, and nine tenths of the capital were sunk in the expenses of the first year. There was nothing to show for the adventure, but the commonwealth which it helped to found. Of ships for transporting passengers Cradock furnished two. The large ship, the Eagle, purchased by members of the company, took the name of Arbella, from a sister of the Earl of Lincoln, wife to Isaac Johnson, who was to go in it to the untried sorrows of the wilderness. The corporation which had not many more than one hundred and ten members, could not meet the continual outlays for colonization; another common stock was, therefore, raised from such as bore good affection to the plantation, to defray public charges, such as maintenance of ministers, transportation of poor families, building of churches and fortifications. To the various classes of contributors and emigrants, frugal grants of land promised some indemnity. In this manner, by the enterprise of the ten undertakers, and other members of the company, especially of those who were ship-owners, by the contributions of Puritans in England, but mainly by the resources of the emigrants themselves, there were employed during the season of 1630, seventeen vessels,

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