We Pheodor the ofspring of Iohn, the great Lord, Emperor, king and great prince of all Russia, of Volodemeria, Moscouia and Nouogrod, king of Cazan, king of Astracan, Lord of Plesko, and great prince of Smolensko, of Tuer, Yougoria, Permia, Viatsko, of Bolghar and others, lord and great prince of the land of the lower Nouogrod, Chernigo, Rezan, Polotsko, Rostow. Yeraslaue, the White lake, Liefland, Oudor, Condensa, and Ruler of all Siberia, and all the Northside, and lord of many other countries.

I haue gratified the merchants of England, to wit, sir Rowland Haiward, and
Richard Martin Aldermen, sir George Barnes, Thomas Smith, esquire, Ierome
Horsey, Richard Saltonstall, with their fellowes.

I haue licensed them to saile with their shippes into our dominion the land of Dwina, with all kind of commodities to trade freely, and vnto our kingdom andd the citie of Mosco, and to all the cities of our empire of Moscouia.

And the English merchants sir Rowland Haiward and his societie desired vs, that we would gratifie them to trade into our kingdom of Moscouia, and into our heritage of great Nouogrod and Plesko, and into all parts of our kingdom, to buy and sell with their wares without custome.

Therefore we for our sisters sake Queene Elizabeth, and also because that they allege that they had great losse and hinderance by the venture of the sea, and otherwise, haue gratified the said English merchants sir Rowland Haiward and his societie, freely to come into our kingdom of Moscouia, and into al our dominions with al kind of commodities, to trade, and traffique freely, and at their pleasure with al kind of their commodities: also I haue commanded not to take any maner of custome for their goods, nor other customs whatsoeuer: That is to say, neither for passing by any place by water, nor for lanching, neither for passing through any place by land, neither for the vessels or boats, nor for their heads, nor for passing ouer bridges, nor for ferying ouer at any place, neither for acknowledgment at any place where they shall come, nor any maner of custome or dutie, by what name soeuer.

Only they shall not bring with them into our dominions, neither recarie out of our dominions, or father any other mens goods but their owne, neither sell them nor barter them away for them.

Also our natural people shall not buy and sell for them, or from them, neither shal they retaine or keepe any of our naturall subiects goods, or pawnes by them to colour them.

Also they shall not send any of their Russe seruants about into any citie to ingrosse, or buy vp commodities, but into what citie they themselues shal come, they shal buy and sel, and shal sel their owne commodities and not ours.

And when they shal come into our inheritance of great Nouogrod and Plesko, and through all our dominions with their commodities, then our noblemen, and captains, and euery one of our officers shall suffer them to depart according to this our letter, and shall take no custom at all of them, for any of their commodities, neither for passing through or passing by, nor for passage ouer any bridges, nor shall take of them any other dutie whatsoeuer name they haue.

Also into what places of our dominion, or when they shal happen to come, and to proceed to buy or sell, and wheresoeuer they shall passe through with goods not buying of any commodities, neither will sell their owne, then in those cities and townes they shall take no maner of custome or dutie of them accordingly as before.